News

Raúl Bobé, London, 15 April (EFE).

When executives from luxury giant Kering sit down for an investors’ day in Florence on Thursday, the troubled Italian fashion icon Gucci is likely to be foremost in their minds.

Rains has opened its first Asia flagship in Shanghai, marking the Danish outerwear maker’s next step in its global retail expansion.

Billabong is expanding its product offering through a new licensing agreement with L’Amy America, marking the brand’s entry into the eyewear category across North America.

Roxy is expanding into fragrance and personal care through a new partnership with Broken Top Brands.

Vince Holding Corp announced on Wednesday a 2.2% gain in sales to $300 million for fiscal 2025, driven home by a mid-single digit uptick is sales in the fourth quarter at the U.S. luxury fashion company.

Ebay is bringing its digital marketplace into the physical world with the launch of The NYC Edit Market, a temporary retail concept opening in SoHo from April 17–19.

The brand, 50% owned by the Scalpers group, has had Rocío Vega-Penichet as managing director for the past year. It aims to close the year with 30% growth, with international sales representing 25% of turnover.

The Middle East war has plunged Swiss watchmakers into uncertainty, testing the resilience of an iconic national industry already shaken by several crises.

The retrospective dedicated to OTB’s manufacturing arm showcases 50 iconic pieces, including looks by Viktor&Rolf, Dsquared2, and Marni, alongside original creations by Martin Margiela.

Allbirds Inc. shares more than quadrupled after the former shoemaker, just days away from ceasing operations, said it would pivot its business to AI compute infrastructure. 

On Wednesday, AFP learnt that the Deveaux group intends to take control of French childrenswear chain Jacadi, and has notified the French competition authority about the planned acquisition.

The further expansion of Marc Cain’s existing New York location lays important foundations for market penetration in North America. Another showroom is due to open in Dallas at the end of the year.

Spanish footwear brand Alohas, known for its on-demand production model, is expanding its range with a new handbag collection, which will go on sale from May.

The world’s independent fashion retailers continues to thrive and accelerate. Their share of total transaction volume has increased from 49% to 62% over the past five years, data from B2B e-commerce platform JOOR shows.

The Very Group’s signature brand has unveiled its new SS26 campaign, a multi-sport, multi-brand initiative called ‘Very Ready To…’.

​Lacoste, a brand with a strong tennis heritage, has unveiled its summer retail pop-ups at Frasers’ Meadowhall, Belfast, Glasgow and Norwich locations, as part of the brand’s new ‘Elite Active’ trainer campaign launch.

After its global SS26 campaign launch in March comes the colourful, vibrant Farm Rio official film ‘As Cariocas’, billed by the Rio de Janeiro-inspired fashion retailer as a “defining brand movement of the year”.

Antler opens its UK flagship on London’s Regent Street next week, marking the British travel brand’s first standalone UK store under owner ATR Holdings, part of Australian luggage/accessories retailer Strandbags. 

Burberry is heading to the lido for its High Summer 2026 campaign with a film and image portfolio that celebrates “Britain’s culture of open-air pools that come alive with families, friends and neighbours every summer”.

Asda is thinking about putting fragrances into vending machines to stop criminals stealing them from its UK supermarket shelves.

American Eagle Outfitters Inc. jumped after announcing its new ad campaign with actress Sydney Sweeney. The shares rose as much as 9% in premarket trading. 

The silver market is heading for a sixth year of structural deficit, with 762 million troy ounces drawn from stocks since 2021, raising the risk of a ⁠renewed liquidity squeeze despite weaker demand expectations.

Beatrice Monguidi, who has served as Louis Vuitton’s EMEA president for the past two years and has spent her entire career within the LVMH group, will take up the role of CEO at Rimowa on June 1, 2026.

Jewellery brand Limelight Lab Grown Diamonds will open 25 new brick-and-mortar stores in India in the first quarter of the financial year, targeting both metro and Tier 2 locations.

Issey Miyake has opened a huge flagship by NYC’s Madison Square Park, located within the iconic New York Life Building.

Ourense-based fashion brand Adolfo Domínguez takes to the catwalk at 080 Barcelona Fashion to mark its 50th anniversary. FashionNetwork.com speaks to its creative director, Tiziana Domínguez.

Kering shares plunged as much as 10% on ⁠Wednesday after first-quarter sales at its Italian flagship brand Gucci dropped more than expected, underlining the challenges in reviving the brand’s appeal.

Burberry Group’s chief financial officer, Kate ⁠Ferry, said on Wednesday that Asia had very compelling long-term prospects for the luxury retailer, but recognised there would be ⁠intensified competition.

Debenhams Group has named Nikki Tattersall as its new chief product officer as it aims to accelerate its youth brands’ turnaround. The group owns brands including Boohoo and PrettyLittleThing.