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H&M highlights fast-fashion gloom as luxury takes hit in China
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.
Fashion
Business
LVMH markets level out in 2022, betting on the recovery in China for 2023
The luxury giant's main markets levelled out last year, with Asia, the US and Europe each accounting for around 25-30%, while it is betting on a strong recovery in China in 2023.
Luxury
Business
Aeffe closes 2022 with revenue of €352 million, up 8.4%
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.
Fashion
Business
Iris van Herpen on the role of women in the fashion industry and the business potential of haute couture
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.
Luxury
Catwalks
Trade shows
Pure London launches 'sustainability toolkit' for next month's event
Pure London will be launching The Independent Fashion Retailer Sustainability Toolkit on the Sustainability stand during its 12-14 February trade show at Olympia London.
Fashion
Trade shows
Maison & Objet show to launch wellness section in September
The September 2023 edition of Parisian trade show Maison & Objet, dedicated to the home decoration, design and art-of-living sectors, will feature a new section focusing on wellness.
Lifestyle
Trade shows
Pitti Filati 92 returns to Florence with numbers close to its pre-pandemic level
From January 25 to 27, 105 exhibitors (including 13 international exhibitors) will present their collections for spring-summer 2024 at Pitti Filati: numbers that are reaching pre-pandemic levels again.
Fashion
Trade shows
Fashion fairs on the rise again this season
The great dynamics of Paris Fashion Week were reflected in the attendance of the many trade shows that took place this week.
Fashion
Trade shows