Capri Holdings faced some challenges in Q2 but the company is upbeat about the prospects for its trio of power brands as Versace gains traction, Michael Kors returns to positive comparable sales and Jimmy Choo expands.
Tod’s posted a fall in nine-month revenues and said it would be “challenging” to meet full year profit forecasts as it steps up investments to bolster sales hit by a weak domestic market and turmoil in Hong Kong.
Footwear chain Schuh has launched a Sell Your Soles initiative in a deal with Recyclatex. It encourages customers to recycle unwanted shoes, no matter where they’re from, as long as they’re in a wearable condition.
Selena Gomez may be the star of most Coach campaigns, but for the holiday season, British supermodel Kate Moss is taking over. She’s the focal point of a print campaign that comes with a new heritage product collection.
High-end Italian shoemaker Velasca is opening a boutique on Chiltern Street in the upscale Marylebone area of London, taking space in an area owned by one of the city’s key retail landlords, The Portman Estate.
Lindex improved in Q3 and owner Stockmann is mulling strategic alternatives for the chain, but the firm's department stores remain a challenge, although strategy tweaks focused on fashion, beauty and home are under way.
John Galliano has renewed his contract as creative director of the house of Maison Margiela, in a vote of confidence in the controversial British designer by the brand's owner, Italian billionaire Renzo Rosso.
One of the biggest names in online fashion resale is linking up with one of the world’s top department stores for a year-long physical store with Vestiaire Collective to open at Selfridges, Oxford Street on October 30.
Located at 225 West 57th Street at the base of Central Park Tower, the mega 320,000 square-foot store offers seven levels of retail space and will play host to a series of exclusive releases and collaborations.
Sales growth at Kering slowed slightly in the third quarter, in line with expectations, as the luxury group offset some of the hit from turmoil in Hong Kong with strong spending by shoppers in other Asian markets.