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Luxury’s latest retail El Dorado: Promenaden and Steen & Strøm in Oslo
Luxury might be hitting a soft spot internationally, but don’t tell that to the folks who manage the prestige industry in Oslo, where the Norwegian capital is enjoying an impressive boom.
Fashion
Retail
Vuitton develops bespoke trunks for Olympic medals and torches
Louis Vuitton has developed a series of bespoke trunks in which to carry and protect the medals and torches of this summer’s upcoming Paris 2024 Olympics and Paralympics.
Fashion
Design
Ervér makes good start at H&M Group as Q1 looks stronger
H&M Group released its first set of results under the leadership of CEO Daniel Ervér on Wednesday and he seems to have got off to a good start because while Q1 saw net sales down, profit rose.
Fashion
Retail
Tod's investor calls for L Catterton to raise buyout offer
Tod investor Tabor Asset Management has published an open letter calling for an increase in the price offered by L Catterton to buy 36% of the Italian luxury shoemaker, saying the price of 43 euros per share is unfair.
Luxury
Business
Slowear CEO Piero Braga on considered growth and building women’s offerings
As it steadily evolves, the Venice-based brand is introducing the American market to its female-targeted product.
Fashion
Business
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JD Sports has ups and downs in latest year and Q4
JD Sports Fashion showed on Thursday how even the strongest companies can face tough times with an update for the 53 weeks to 3 February (FY24) showing tepid sales growth in some areas, and especially in Q4.
Fashion
Business
Quiz CEO steps down but stays as non-exec as sales growth still elusive
Struggling womenswear retailer Quiz announced some big changes on Thursday following a strategic review, with its CEO stepping down, its commercial chief stepping up and its Chairman taking a more active role.
Fashion
Business
Amazon's senior employees may not get a cash pay raise this year
Amazon.com Inc said on Wednesday its senior employees, whose compensation includes more stock-related awards than cash, may not receive a cash pay raise this year.
Fashion
Business
Russia's Alrosa agrees to sell some production to the state
Russia's finance ministry has agreed with sanctions-hit diamond producer Alrosa to purchase part of the company's production in 2024, a source familiar with the matter said on Wednesday.
Luxury
Industry
Design
Louis Vuitton reveals Olympic trunks as Antoine Arnault mocks Mediapart
Louis Vuitton unveiled its custom-made Olympic trunks that will contain the games’ official torches and medals on Wednesday evening, as LVMH media and image director Antoine Arnault mocked left-wing website Mediapart.
Luxury
Design
Uniqlo and Inès de la Fressange conclude their decade-long collaboration
The renowned Japanese brand is set to unveil its final capsule collection designed in collaboration with the esteemed Parisian designer, Inès de la Fressange, on April 11.
Fashion
Design
Pitti Uomo: Marine Serre will be June edition's guest designer
The organisers of the world's leading menswear show have picked as guest of honour French designer Marine Serre, renowned for her regenerative fashion. She will show her men's collection in Florence on June 12.
Luxury
Design
Vuitton develops bespoke trunks for Olympic medals and torches
Louis Vuitton has developed a series of bespoke trunks in which to carry and protect the medals and torches of this summer’s upcoming Paris 2024 Olympics and Paralympics.
Fashion
Design
Appointments
Vince CEO departs role after two years
Vince Holding Corp announced on Tuesday that Jack Schwefel has resigned from the role of chief executive officer, just two years after the executive took on the top position.
Luxury
Appointments
S.Oliver Group continues to restructure its management team
In view of the strategic reorganisation, CEO Jürgen Otto is gradually passing on his responsibilities to the management team he helped put in place. Bernd Freier will take over operational management.
Fashion
Appointments
Etam group hires former French minister Carole Grandjean as head of HR
The French fashion group has named Carole Grandjean as head of human resources, after the MP and former minister for education and professional training decided to return to the private sector.
Fashion
Appointments
Selfridges finance chief quits after just four months
Department store group Selfridges is searching for a second new finance chief in just four months. Preetha McCann quit the job earlier this month after taking on the CFO post in early November.
Fashion
Appointments
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