Frasers Group's latest results showed “robust trading and strong strategic progress on the Elevation Strategy”, with Flannels buoyant, House of Fraser improving and a focus on European expansion, as well as the UK.
Inter Parfums Inc. announced the closing of its agreement with G-III Apparel Group, the parent company of the Donna Karan and DKNY brands, to become the exclusive worldwide licensee for the labels’ fragrance brands.
In just over 18 months, Larroudé has achieved several milestones such as a Launch of the Year award, Jill Biden sporting a Larroudé bag at high-profile international events, and developed four brand collaborations.
The revenue of Italian leather goods group Piquadro rose in all channels and regions in Q1 2022-23, reaching €32 million, equivalent to a 47.2% increase, driven chiefly by its monobrand stores and Europe.
Fashion resale marketplace Depop said on Wednesday that its CEO Maria Raga is to exit the firm, with Kruti Patel Goyal, the chief product officer of owner Etsy, set to take up the role as of September 12.
Armani posted a 20% increase in sales at constant currencies in the first half, after swinging to an operating profit in 2021 as revenues returned above pre-pandemic levels in the second part of the year.
Hugo Boss has extended its Boss Kidswear license deal with the France-based CWF Group to take in the Hugo Brand. It means a Hugo Kids collection developed for boys and girls aged 4-16, but with a focus on teenagers.
As retailers battle to attract consumer attention at a time when said consumers are reining-in their spending, it seems that shipping subscriptions could be key to unlocking their purses. For marketplaces, at least.