Germany's Hugo Boss boosts profitability despite 1% drop in third-quarter sales
German fashion house Hugo Boss has reported a 1 percent year-on-year (YoY) decline in sales in the third quarter (Q3)…
Footwear/Leather News
Retail sales of the Italian Prada group grow by 9% in 9 months of 2025
Italian fashion group Prada continues to deliver strong performance with retail sales of €3.647 billion ($4.26 billion), an increase of…
Kering and L'Oréal close a luxury beauty and wellness agreement worth 4 billion euros
Kering and L'Oréal are entering into a long-term strategic partnership in luxury beauty and wellness. This binding agreement covers L'Oréal's…
French company Kering posts 10% revenue drop in Q3 FY25
French multinational Kering's group revenue in the third quarter of 2025 was €3.4 billion ($3.94 billion), down 10 percent as…
Three luxury brands fined for anti-competitive pricing practices in the EU
The European Commission has fined luxury fashion companies Gucci, Chloe and Loewe for fixing resale prices, in violation of European…
Fashion brand OVS opens flagship store at Delhi's Pacific Mall
OVS, Italy's leading fashion brand, has opened its doors in India with the launch of its flagship store at Pacific…
Italian brand Fendi welcomes Maria Grazia Chiuri as CCO
FENDI is pleased to announce the appointment of Maria Grazia Chiuri as creative director of the Maison Romana. “Maria Grazia…
LVMH posts revenue of $67.4 billion in 9 months, shows resilience amid volatility
French luxury brand LVMH Moët Hennessy Louis Vuitton has generated revenue of €58.1 billion (~$67.4 billion) in the first nine…
Redress will lead the Source Fashion catwalk, highlighting circular design
Source Fashion, the UK's leading responsible sourcing trade show, is proud to announce Redress as a main runway partner as…
AI to take center stage at Global Sourcing Expo 2025 seminar
Artificial intelligence is redefining the way fashion companies design, source, market and sell, and this year's edition Global Sourcing Expo…