H&M said costs had slashed its profits, the latest fast-fashion retailer to feel the pinch as consumers cut back, while LVMH and Salvatore Ferragamo reported the damage to luxury caused by China's Covid-19 policies.
In 2022, fashion group Aeffe, owner of Alberta Ferretti and Moschino, grew in all regions except the Far East, with Italy up 17% and the rest of Europe by 59.3%, thanks especially to its direct retail performance.
Coinciding with the presentation of her latest collection at Paris Haute Couture Week, FashionNetwork.com sat down with the Dutch designer to talk about creativity and feminism that goes against the grain.
Online fashion marketplace Adaptista has partnered with the British Academy of Fashion Design to launch a scholarship programme aimed at encouraging people with disabilities to pursue an education in fashion design.
The Indian designer, favourite of celebrities such as Sharon Stone, Megan Thee Stallion or Kylie Minogue, brought sophistication and seduction to the Parisian catwalk with his signature sculpture-like designs.
French luxury group Kering has appointed Sabato De Sarno as creative director of Gucci, it said on Saturday. He will present his debut runway collection at Milan Women’s Fashion Week in September 2023.
Global events company Hyve Group has appointment Julie Harris as a non-executive director, effective 2 February. She will take on the role of Environmental, Social and Governance (ESG) Committee Chair.
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