Carlo Capasa has been confirmed for the fifth consecutive time as head of the National Chamber of Italian Fashion (CNMI). He has been re-elected after two particularly challenging years marked by the pandemic.
The power of the UK jewellery sector, and the strength of Watches of Switzerland Group in particular, shines through in York. It wants to take over the city's former Debenhams store to create a Mappin & Webb flagship.
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.
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.
H&M’s first half and Q2 were all about its ongoing recovery as the retail giant benefited from “increased full-price sales and lower markdowns”. But there remain challenges and comparison periods are getting tougher.
The British economy could be in line for a “painful inflation spiral”, the Bank of England’s chief economist Huw Pill has warned. He points to a shortage of workers and businesses’ willingness to pass on higher costs.