US fashion industry faces increasing sourcing risks in 2024, study finds
U.S. apparel and fashion sourcing executives have reported increasing sourcing risks in 2024, ranging from navigating an uncertain economy and…
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Primark launches back-to-school price freeze programme
Back-to-school (BtS) prices at Primark will be frozen on “hundreds” of essential items so that “families can continue shopping… at…
JD Sports in the UK recommends not ruling out Nike
By Reuters Published July 30, 2024 British sports and fashion retailer JD Sports, one of Nike's biggest customers, on Tuesday…
Italian fashion house Prada's revenue rises 17% in the first half of fiscal year 2024
Italian luxury fashion giant Prada Group has announced net revenue of €2.549 billion (approximately $2.75 billion) for the first half…
H&M launches Basquiat collection with designers Bravado and D'Amore
Together with New York fashion designers Ev Bravado and Téla D'Amore, H&M's latest collaboration explores the legacy of Jean-Michel Basquiat…
Fiorucci to host show and exhibition in Milan in autumn
Translated by Nicola Mira Published July 30, 2024 Fiorucci is continuing its accelerated relaunch effort, after being acquired by Swiss…
Wealthy Asian investors bet on gold, offsetting jewellery decline
By Bloomberg Published July 30, 2024 Rising gold prices are hitting demand for traditional applications such as jewellery and dentistry,…
Luxury giants fear China is becoming Japanese
By Bloomberg Published July 29, 2024 Even LVMH Moet Hennessy Louis Vuitton SE, the world’s most resilient luxury conglomerate, is…
LVMH luxury goods take centre stage at Olympic opening
By Reuters Published July 27, 2024 Bernard Arnault, France's richest man and chief executive of luxury group LVMH, paid around…
Italian brand Ermenegildo Zegna increases its turnover by 6.3% in the first half of 2024
Italian fashion house Ermenegildo Zegna Group has announced unaudited revenue of €960.1 million (approximately $1.04 billion) for the first half…