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Business
Brioni to lay off 320 people across its production plants in Italy
Kering’s menswear label Brioni’s recovery plan focuses on its accessories line and new product categories. The brand aims to streamline its costs and business structure, planning 320 lay-offs by 2025.
Luxury
Industry
Shopify shares edge up after falling on executive departures
Shopify Inc shares edged higher on Thursday, recovering partially from the previous day's fall, with analysts saying the news of planned senior executive departures may have limited impact.
Fashion
Business
L'Oreal shares fall, performance at consumer products arm underwhelm some analysts
Shares in French cosmetics group L'Oreal fell on Friday, as some analysts expressed disappointment at figures from the company's consumer products division,, despite overall strong group results.
Fashion
Business
The Hut Group to boost acquisitions budget as beauty opportunities abound
The Hut Group plans to spend even more on making acquisitions in the future having set a new target of around £250 million a year for buying businesses, it said this week.
Fashion
Business
Trade shows
Première Vision keen to hold physical trade shows again
The textile/apparel show organiser is preparing its New York come-back, and is looking forward to welcoming industry professionals again in Paris on June 30-July 1, at new venue Grand Palais Éphémère.
Fashion
Trade shows
Swiss watch expo switches to Shanghai after virtual debut
Geneva's international expo of fine watches switches to Shanghai on Wednesday for a physical version after staging an online edition to keep the prestigious fair going during the pandemic.
Luxury
Trade shows
Two organisers competing to stage Parisian trade show Bijorhca in September
After parting ways with Reed Expositions France, the Parisian jewellery show’s former organiser, French jewellery industry association BOCI said it is negotiating with two companies to stage its next event.
Fashion
Trade shows
Texworld Evolution to hold a second showroom from July 5 to 9
After a successful trial in February, Texworld Evolution organiser Messe Frankfurt will hold another showroom in Paris from July 5 to 9 to maintain a physical meeting point despite the absence of its trade shows.
Fashion
Trade shows
