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opinions

Business

Hermès buoyant in Q1 as Asia, US and online soar

Hermès buoyant in Q1 as Asia, US and online soar

​Hermès had a good first quarter as all of its business lines returned to growth and the company said it saw "a remarkable increase" in ready-to-wear and accessories, as well as watches and other categories. 
Luxury
Business
Warby Parker reportedly plans IPO

Warby Parker reportedly plans IPO

Trendy prescription eyewear brand Warby Parker is the latest retailer to jump on the red hot initial public offering market.
Fashion
Business

Affirm to acquire Returnly for $300 million

San Francisco-based Affirm Holdings Inc. announced on Wednesday plans to acquire Returnly, a leader in online return experiences and post-purchase payments.
Fashion
Business

Kering's shares climb after luxury goods group posts higher Q1 sales

Shares in French luxury goods group Kering, whose brands include Gucci, rose on Wednesday after Gucci's revenues rebounded strongly in the first quarter.
Luxury
Business

Design

Fourth edition of Loewe Foundation’s Craft Prize will be 100% digital, opening on May 25

Fourth edition of Loewe Foundation’s Craft Prize will be 100% digital, opening on May 25

The showcase features 30 finalists whose works are made out of materials as diverse as textiles, ceramics, wood, copper and resin, among others, and will use 3D technology and augmented reality.
Luxury
Design
Balenciaga winter 2021 pre-collection: Yearning for global travel

Balenciaga winter 2021 pre-collection: Yearning for global travel

With European populations slowly but surely being vaccinated, designers on the Continent are suddenly expressing a new optimism. Few more so than Demna Gvasalia of Balenciaga in Balenciaga's winter 2021 pre-collection.
Fashion
Design

CFDA launches network connecting regional fashion organizations

The Council of Fashion Designers of America has announced the launch of CFDA Connects, a programming network aiming to support regional fashion weeks and organizations across the United States.
Fashion
Design

Marcelo Burlon, County of Milan launches collab SSC Napoli with Kappa

The Marcelo Burlon, County of Milan brand is launching a collab collection with Kappa that reinterprets the sporting uniform of SSC Napoli, the football team of Naples.
Fashion
Design

Appointments

Heather Kaminetsky joins Mytheresa as president for North America

Heather Kaminetsky joins Mytheresa as president for North America

The German luxury e-tailer announced on Wednesday that, as part of its aggressive expansion strategy in the U.S. and Canada, Heather Kaminetsky will be joining the company as president for North America on June 1, 2021.
Luxury
Appointments
Helly Hansen CEO to step down

Helly Hansen CEO to step down

​Norwegian outdoor brand Helly Hansen said on Wednesday that its CEO Paul Stoneham is to step down after six years in the role. He’s staying on until a new chief executive is appointed and a handover period has happened.
Fashion
Appointments

Kontoor Brands appoints Karen Smith as EVP of global supply chain

The Greensboro, North Carolina-based owner of the Wrangler and Lee brands announced on Tuesday that it has named Karen Smith as EVP of supply chain, effective May 1, 2021.  
Fashion
Appointments

Kris Van Assche leaves Berluti, as brand plots new direction

Kris Van Assche has quit as creative director of Berluti, as the tony, LVMH-owned Paris men’s couture brand plots a new strategy for the future, it was announced Tuesday.
Luxury
Appointments

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