Digital payments giant Visa has team up with the London College of Fashion to launch ‘Recycle the Runway’, an initiative designed to support the next generation of fashion entrepreneurs to reach their full potential. A new initiative from its global Visa Young Creators series, the company is inviting those who are “early in their careers…
By Reuters Published April 10, 2025 Capri Holdings may have to let go of its image as a luxury fashion house and bank on mid-tier pricing as well as a partnership with Amazon.com for its Michael Kors brand following its $1.4 billion sale of Versace to Prada. See catwalkMichael Kors – Fall-Winter2025 – 2026 –…
Perfect Moment said on Thursday it achieved record media reach and celebrity buzz, during its 2025 fiscal year ended March 31, 2025. Perfect Moment reports record media impact and celebrity buzz in FY2025. – Perfect Moment The luxury skiwear and lifestyle brand said in fiscal 2025 it reached a record 16.6 billion global unique visitors…
One hour after announcing they would buy Versace, Prada CEO Andrea Guerra and family scion Lorenzo Bertelli warned analysts not to expect a miracle overnight, even as they expressed excitement about the acquisition. Andrea Guerra, Prada CEO, at the helm of the Versace acquisition. – Courtesy of Prada “We are very excited to be working…
Sir Paul Smith will stage his next runway show in Milan during the next menswear season in the Italian fashion capital in June, in a major change to the international catwalk calendar. Sir Paul Smith, Britain’s greatest Indepdent designer, is coming to show in Milan in June – Paul Smith The British designer will hold…
Fashion Revolution, which says it’s the world’s largest fashion activism movement, has announced details for Fashion Revolution Week 2025 that runs from 22-27 April. Photo: Pixabay The theme this year is Think Globally, Act Locally as it aims to engage local communities and policy-makers. It’s an undeniably big aim and comes “as governments worldwide backslide…
Eyewear specialist InSpecs has released its preliminary results for 2024 and while its profit margin rose, revenue, underlying EBITDA and cash flows from operating activities all fell. InSpecs The company, which makes and markets its own brands as well as operating licenses for Barbour, Joseph, Radley, Superdry, Temperley and Viktor&Rolf, among others, said group revenue…
By Reuters Published April 10, 2025 Walmart on Wednesday reaffirmed its confidence in its everyday low price strategy, maintaining full-year forecasts for sales and income growth while pledging to keep prices low despite concerns about rising prices due to U.S. President Donald Trump’s tariffs. Archivo The company’s shares, which were down nearly 9% since Trump…
By Reuters Published April 10, 2025 The operator of Uniqlo, Japan’s Fast Retailing, is expected to post another quarter of strong earnings on Thursday, but the focus will be on how the global clothing chain navigates a trade environment thrown into disarray by new U.S. tariffs. Reuters Fast Retailing is expected to post a 14%…
Oh dear. UK fashion brands have been named the worst for online experiences with site speed and user experience (UX) letting them down, according to new research of the sector that attracted a £30 million spend alone last year. Archivo Fortunately for individual brands, the analysis of 1,000 UK websites across 14 sectors by communications…