News

French luxury group Kering, which is undergoing a transformation, reported a 6% decline in first-quarter revenue, still weighed down by its flagship house Gucci, and noted an impact from the war in the Middle East.

The German sportswear brand has boosted its senior team by introducing the role of senior VP creative direction, to which it has appointed with immediate effect James Carnes, reporting to Chief Brand Officer Mara Valdes.

Austrian group Silhouette, active in the premium eyewear segment, has appointed Christian Bachler as CEO and chairman of the executive board.

The purchasing cooperative that runs the retailer’s business in France and Belgium has bought the group’s Spanish branch. Intersport France President Gérard Leclerc has talked to the media about his vision and plans.

After securing court approval for the takeover of JOTT alongside Amoniss, Salih Halassi told FashionNetwork.com that he will retain the Marseille-based entity and is planning further shop takeovers across Europe.

Primark is making good progress in honing its sustainability credentials. The value fashion and lifestyle retail giant’s next step in its ambition getting ever-closer towards becoming a more circular business. 

​E-commerce-driven delivery preferences are shifting, with strong European growth and widening category divergence driven by seasonal gifting events. And that’s not good news for fashion.

Until May 4, the façade, window displays and level -1 of the Milan flagship store are brought to life with installations celebrating the signature elements of the iconic film, whose sequel is released in Italy April 29.

​Spring. Movement. Wellbeing. Add in a healthy dose of community and you have a new Oysho event coming to London for the first time. 

British fashion label Represent has launched House Blend, a curated monthly series of weekend DJ sets hosted at the brand’s Owners Club Café, located in the Represent London flagship on Wardour Street, Soho.

​Wax London’s achievements continue to impress. The busy British menswear brand is now seeing “significant momentum” across the US market since making its soft entry there over a year ago.

​Casual wear brand US Polo Assn opened a 3,300 square foot flagship store on Pune’s JM Road with special guest actor Sunny Kaushal as it continues to strengthen its presence in Maharashtra. 

Golden Goose Group SpA has started marketing a €880 million bond sale to fund its acquisition by Chinese private equity firm HSG, a test of investor sentiment given struggles in the luxury sector and war-driven concerns.

One lifestyle brand that has carved out a unique path this past decade is Stable of Ireland, whose subtle use of Irish resources has led to an inimitable label and a must-visit boutique.

Swiss fragrance and flavour maker Givaudan reported higher than expected first-quarter like-for-like sales growth on ⁠Tuesday.

Seven months into the job, Luca de Meo has bought himself time as CEO of Gucci owner Kering. This week he has to prove he knows how to use it.

Speaking at the International European Designer Fashion Days in Barcelona, renowned philosopher and sociologist Gilles Lipovetsky addressed key questions shaping the industry’s present and future.

Womenswear retailer Sosandar has issued a full-year trading update and said it has seen strong year-on-year growth in revenue, cash generation and profit before tax (PBT) in line with market expectations.

​French premium jewellery brand Agatha has officially launched in the UK with the opening of a dedicated British website and the suggestion that a store could open further down the line.

Two new sets of figures provided a downbeat view of UK retail on Tuesday as the Barclays consumer spending report and the BRC/KPMG Retail Sales Monitor both came in positive for March but still lagged inflation.

​AYBL Group, the still-young British athleisure and performance-wear brand, has filed accounts for the 15 months to last June and they show revenue continuing to grow strongly as orders from repeat customers rose 65%.

Frasers Group is reportedly ramping up its activity in the property sector with the acquisition-hungry retailer believed to be prepping a £400 million deal to buy two major outlet centres.

Baja East co-founder John Targon has been appointed to the role of president at ByGeorge, a Texas-based luxury retailer owned by the MML Hospitality group.

By kitting out up to 4,000 staff, officials, umpires, and ball kids, Boss aims to leave “an unmistakable impression” and put its signature style centre stage at the Australian Open.

The Geneva watch fair opens on Tuesday and will be taken as a barometer of how the Middle East war is affecting the luxury goods sector.

Pacsun is expanding its resale program with the in-store rollout of PS Vintage, bringing its curated secondhand concept to physical retail. 

In this newly created role, Zoe will bring a fresh, stylist-led perspective to Essie, through curated events, original content, personal stories, and real-time cultural commentary. 

Wacoal America, the U.S. subsidiary of the Japanese innerwear brand, has revealed its chief executive officer Mitchell Kauffman will retire, effective immediately, following six years of leadership.

Lululemon fell in New York trading Monday after the Texas attorney general said his office is investigating for the presence of so-called “forever chemicals” in the yogawear brand’s apparel.

​Gymshark isn’t only content with making and selling what people wear in the gym, now it wants to open gyms themselves and its first will be in Wynwood, Miami before the autumn.