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…
Cosmetics Industry News
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…
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…
US Wrangler partners with Beyond Retro to create eco-friendly denim line
Following a successful initial launch in 2022, global denim icon Wrangler has announced the launch of the second instalment of…
French fashion house Hermès' revenue rose 15% to $8.14 billion in the first half of fiscal year 2024
France-based luxury fashion brand Hermès has reported consolidated revenue of €7.5 billion (approximately $8.14 billion) for the first half of…
Italian fashion brand Moncler reported an 11% increase in revenue in the first half of fiscal year 2024
Italian fashion house Moncler Group has reported revenue of €1.23 billion (approximately $1.33 billion) for the first half of fiscal…
French firm Kering reported revenue of $9.76 billion in the first half of fiscal year 2024
Kering, an international luxury group headquartered in France, has reported revenues of €9.0 billion (approximately $9.76 billion) for the first…
Italian brand Sergio Rossi welcomes Paul Andrew as creative director
Lanvin Group (NYSE: LANV, the “Group”), a global luxury fashion group, today announced that Sergio Rossi, an Italian luxury footwear…
Loewe overtakes Miu Miu and Prada to become Lyst's most popular brand in Q2 2024
Spanish luxury fashion house Loewe has overtaken Italian brands Miu Miu and Prada to reclaim the title of the world's…