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Frasers Group buys major MySale stake to help with clearance activities

Frasers Group buys major MySale stake to help with clearance activities

​Frasers Group has acquired a big stake in Australian fashion marketplace, MySale. It sees it as "an opportunity for a strategic partnership" to sell end-of-line group products via an established clearance channel.
Fashion
New Valentino eyewear under Akoni deal to launch in July

New Valentino eyewear under Akoni deal to launch in July

​Valentino is entering what it says is “a new chapter” for its eyewear offer with the July launch of its first products under the exclusive deal it signed with Switzerland-based Akoni Group late last year.
Fashion
Luxury shoppers increasingly focus on sustainability, the metaverse - report

Luxury shoppers increasingly focus on sustainability, the metaverse - report

A new BCG and Comité Colbert study shows that 65% of consumers “take into account companies' commitment to sustainable development when deciding on their purchases” and that luxury still needs to do more to excel online.
Luxury
Emporio Armani opens first Canadian store in Toronto

Emporio Armani opens first Canadian store in Toronto

The Armani Group opened on Wednesday its first Emporio Armani store in Canada, in Toronto, Ontario, at Yorkdale Shopping Centre. 
Luxury
Georges Hobeika confirms son Jad as joint creative director

Georges Hobeika confirms son Jad as joint creative director

The Lebanese fashion designer, who will be showing at the opening of Paris Haute Couture Week on July 4, has officially named his son Jad Hobeika as his label's joint creative director.
Luxury
BFC reveals schedule for second annual IPF Forum

BFC reveals schedule for second annual IPF Forum

The British Fashion Council (BFC) is to stage its second annual Institute of Positive Fashion (IPF) Forum with an extensive day-long programme on 30 June. It will take place at 180 Studios, 180 The Strand, London.
Fashion
Mulberry strong despite global volatility, says it wants to reopen in Paris

Mulberry strong despite global volatility, says it wants to reopen in Paris

Mulberry was upbeat Wednesday as its reported annual results, with a slew of strong figures and a determination to eventually reopen in Paris. But it has predicted slower growth ahead due to the volatile global backdrop.
Fashion
Loewe sales jump 38% in 2021 to €456 million

Loewe sales jump 38% in 2021 to €456 million

The LVMH-owned luxury brand increased its revenue by 32% compared to 2019. It also increased its net profit eightfold to €68 million.
Luxury
Coach launches Tom Wesselmann collection

Coach launches Tom Wesselmann collection

Coach introduced on Tuesday an exclusive collection with American pop artist Tom Wesselmann. 
Luxury
Max Mara cruise: Erotic feminism in Lisbon

Max Mara cruise: Erotic feminism in Lisbon

All about the power of inspiration at Max Mara cruise, in a collection motivated by a Natália Correia, the Portuguese free-thinker, arty grand dame and café society star, presented with flourish in Lisbon on Tuesday. 
Luxury
Bruno Frisoni, back in person and with collection

Bruno Frisoni, back in person and with collection

One of the world’s great shoe designers, Bruno Frisoni, made a welcome return with a new start-up, signature collection and look this past weekend in Paris.
Luxury
Paul Smith and Officine Générale bring tailoring back

Paul Smith and Officine Générale bring tailoring back

Paris Fashion Week presented the collections of two lovers of precise and relaxed tailoring: Sir Paul Smith and his '80's-inspired pieces and a French chic lineup by Pierre Mahéo.  
Fashion
Kenzo goes back to high school, Gunther gets a taste of the country club

Kenzo goes back to high school, Gunther gets a taste of the country club

Nigo’s second fashion show for Kenzo saw a preppy return to the classroom and references to the brand's archives. Gunther, on the other hand, revisited femininity with an effortlessly chic collection. 
Luxury
Prosus to trim Tencent stake as core headline earnings slump

Prosus to trim Tencent stake as core headline earnings slump

Prosus will gradually sell down its massive 28.9% stake in Chinese software giant Tencent, owner of WeChat, as the group announced a major share repurchasing programme.
Luxury
Eyewear indie Kirk & Kirk predicts explosive growth, plans store expansion

Eyewear indie Kirk & Kirk predicts explosive growth, plans store expansion

​British indie eyewear brand Kirk & Kirk is targeting fast growth and has announced “major expansion plans after a boom in demand following the pandemic”.
Fashion
Paris menswear Sunday: Contrasting visions at Thom Browne and Celine

Paris menswear Sunday: Contrasting visions at Thom Browne and Celine

Paris menswear witnessed two contrasting visions on Sunday: Thom Browne posh demi-cross dressing in wool bouclé, and Hedi Slimane’s retro rocker statement amid thousands of millennial teeny boppers.
Fashion