On Tuesday, Gucci-owner Kering SA said third-quarter sales excluding currency movements and mergers and acquisitions fell 9%, worse than the 6% decline expected by analysts. That’s in stark contrast with Hermes International SCA, which beat estimates and said it saw no signs of demand waning among its well-heeled clientele in any of its markets. In the same vein, last week billionaire-favorite Brunello Cucinelli SpA upgraded its revenue forecast for the third time this year.The dichotomy can be explained by sharply different customer bases.
Confidence has crumbled among the simply affluent in the US and in Europe. Meanwhile, the uber-wealthy have continued to spend. That’s corresponded with a shift in fashion trends from ostentation to more refined elegance. Hermes and ca…
Every day, 3,000 pounds (some 1,350 kilos) of scraps arrive at the group’s massive warehouse in Brooklyn — part of a huge complex that used to belong to the US Army, according to Fabscrap founder Jessica Schreiber.The organization has established partnerships with about 250 ready-to-wear labels and several haute couture houses — and the waste they collect is representative of that variety.
You see everything in the warehouse piles: from luxury pieces by the likes of Oscar de la Renta or Marc Jacobs, to mainstream retail labels like J.Crew, to scraps from the workshops of up-and-coming designers.Last year, Fabscrap picked up a total of 150,000 pounds of fabric.But Schreiber says there is a wide potential to do more, as that number only accounts for a third of the textile waste ge…
“Fashion is a seasonal industry, and certain dates are not compressible. Not reopening shortly would mean giving up almost a year’s turnover,” said Carlo Capasa, the chairman of Italy’s National Fashion Chamber (CNMI), in an online interview on the website of daily Corriere della Sera.Current lockdown measures in Italy – the country with the third highest number of confirmed cases after the United States and Spain – have been imposed until May 3.คำพูดจาก ทดลองใช้ สูตรสล็อต
The government has not disclosed how and when it will start easing a nationwide ban on business activities deemed as non-essential.Fashion and textile plants throughout the country have shut as they do not fall …
The Swiss group has signed an agreement to acquire the Fabric Frontline brand from Swiss company Trudel Fashion, it said in a statement, without disclosing the amount of the transaction.Founded over 40 years ago, Fabric Frontline manufactures high-end silk accessories and has become known for its scarves thanks to its traditional printing process and high-quality fabrics produced in northern Italy, said the group.คำพูดจาก สล็อตเว็บตรง
“At its peak, Fabric Frontline worked with fashion houses such as Hermès, Chanel, Dior, Nina Ricci and Vivienne Westwood,” said Lalique.In June, Trudel Fashion, the brand’s owner since 2012, announced that the brand would cease operations l…
The British Retail Consortium (BRC) is calling for extending the business rates holiday for retail until 2022 to help reduce costs as industry figures show more than 5,000 stores have closed during the coronavirus crisis to date. One in seven stores were vacant across the country at the end of March.Local Data Company (LDC) figures complied for the BRC show the overall vacancy rate rose to 14.1% over the first three months of the year, up from 13.7% in the final three months of 2020คำพูดจาก เกมสล็อตทดลองเล่น. Vacancy rates have been increasing for three years and the trend has accelerated during the pandemic, it noted.คำพูดจาก The highly contagious virus, which causes a respiratory illness called COVID-19, is wreaking havoc on the economy, prompting the Federal Reserve to take extraordinary measures and the U.S. Congress to assemble a record $2 trillion (1.6 trillion pounds) stimulusคำพูดจาก สล็อตเว็บตรง. Economists say the economy is already in recession.The government reported on Thursday that the number of Americans filing for unemployment benefits rocketed to a record 3.28 million last week, eclipsing the previous record of 695,000 set in 1982. “Social distancing measures taken in response to the fast-spreading coronavirus along with extreme financial market volatility will take a …
Online sales growth continued, of course, according to the latest IMRG Capgemini e-Retail Sales Index, but it seems the growth was slower in certain areas.Looking at the headline figures, online retail sales rose 12.8% year-on-year in August, but they dropped 1.7% month-on-month. That latter figure wasn’t particularly bad news given that there is a pattern of lower sales in August compared to July. And in fact, August last year saw a decline of almost 5% so a drop of less than 2% didn’t look too bad.
Interestingly, m-commerce growth was at an all-time low of only 10% year-on-year, that sector having shown explosive growth in recent periods as customers migrated from their computers to shopping via tablets or smartphones. It was always inevitable that this growth would slow at so…
The brand is bringing its offering up-to-date with inspiration from Peter Max, American artist and pop-art figure, with whom it created a collaborative line in the 1970s. At the time, the brand known for its 5 pocket jeans was a fashion staple, an icon of the Woodstock Summer of Love that had marked the end of the previous decade.For Spring/Summer 2017, the capsule comprises 15 garments for men and 15 for women. Far from being confined to jeans, it includes shorts, T-shirts, sweaters, shirts and blouses with cargo pockets. Amongst the key details are the patches adorning the jeans and jackets. The uber-colourful line, which draws as much from pop-art as pyschedelia, will be available until Spring/Summer 2018. It will be manufactured in Italy and Turkey.
The line was in fact launch…