By Bloomberg Published March 30, 2025 Simon Wolfson, chief executive officer of Next Plc, on Thursday announced pretax profit of £1 billion ($1.3 billion) for the first time in the retailer’s history. It’s a level of earnings few British store chains reach. For some that have, it has been the prelude to a period of…
Translated by Nazia BIBI KEENOO Published March 29, 2025 The Marseille commercial court ordered the judicial liquidation of French denim brand Kaporal on March 27, marking the end of the company’s operations. The ruling follows an 18-month management-led takeover and affects 280 employees. Kaporal shuts down – Kaporal As of March 28, Kaporal’s e-commerce site…
In a major strategic change Dsquared2 has ended its long-time licensing agreement with Staff International, the key operating company of Italian fashion billionaire Renzo Rosso. Who, in turn, has already sued the designers in response. Dean & Dan Caten, by Giampaolo Sgura However, six hours after DSquared2 announced the termination of its long-time licensing agreement with…
In a major strategic change Dsquared2 has ended its long-time licensing agreement with Staff International, the key operating company of Italian fashion billionaire Renzo Rosso. Dean & Dan Caten, by Giampaolo Sgura “Dsquared2 Group announces the immediate termination of its licensing agreement with Staff International S.p.A. Consequently, the Group will assume direct control over the production…
Digital retailer The Very Group is diving deeper into beauty with its core Very brand unveiling a new Beauty Inspiration Hub. Live, but due to be “completed” by this summer, it features a collection of educational and aspirational blog-style content “to inspire customers and transform how they shop the category”. It also aims to boost…
Translated by Nazia BIBI KEENOO Published March 28, 2025 Japanese performance brand Asics and Parisian fashion label A.P.C. have unveiled a new tennis-inspired collaboration, blending sport and lifestyle pieces in a unisex capsule set to launch globally on April 5—two months ahead of Roland Garros. This marks the second collaboration between the two brands, following…
Since launching his brand in 2015, Willy Chavarria has earned a reputation for putting on a thought-provoking and wildly expressive show. So, it’s no surprise that during a chat at Parsons School of Design hosted by fashion veteran (and de facto fashion fairy godmother) and Parsons board member Julie Gilhart, one guest, a fan who…
At the Cucinelli’s home, sisters are doing it for themselves. At least when it comes to the brand’s latest leather goods offering, the BC Duo bag. While officially launching earlier this month, the bag was officially celebrated in Milan last week. The Manhattan stop is one of three events globally to build excitement for the…
Translated by Nazia BIBI KEENOO Published March 28, 2025 Luxury cashmere label Malo has a new owner. The Florence-based brand, founded in 1972 by brothers Alfredo and Giacomo Canessa, has been acquired by Glickman Capital, a U.S. private equity firm managing $2 billion in assets. The firm was founded by entrepreneur David Glickman, who is…
Translated by Nazia BIBI KEENOO Published March 27, 2025 For decades, globalization has been the driving force behind the luxury industry’s expansion. However, this long-standing framework is now under pressure as nationalist sentiment gains momentum across major markets, including the U.S. and China. According to analysts at Bernstein, this shift could slow the progress of…