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Metaverse could be worth an estimated $5 trillion by 2030
E-commerce is forecast to be the metaverse’s main source of revenue, accounting for approximately 50% of its total value by 2030.
Fashion
Business
Aeffe incorporates its lingerie producer Velmar
The Italian luxury group, owner among others of Moschino, is busy reorganising and has incorporated its lingerie and beachwear specialist Velmar, which also holds the Chiara Ferragni swimwear license.
Fashion
Business
Kohl's ends sale talks with Franchise Group, shares plunge
U.S. department store chain Kohl's Corp on Friday called off its sale to Franchise Group after months of negotiations, citing sinking markets and difficult financing conditions.
Fashion
Business
Boots revenue soars says owner as WBA reports overall lower Q3 sales
After Walgreens Boots Alliance (WBA) pulled the UK-based Boots chain from sale earlier this week, all eyes were on how the chain performed when WBA released its Q3 results on Thursday.
Beauty
Business
Design
Antoine Arnault stars in LVMH's Journées Particulières campaign
After four years of absence, LVMH will once again organize its Journées Particulières. To celebrate this return, Antoine Arnault, the group's director of communications, starred in its campaign.
Luxury
Design
Karl Lagerfeld sketches go under the hammer at Sotheby's
Testimony to Karl Lagerfeld's passion for both fashion and drawing, a collection of 180 sketches by the legendary designer will go under the hammer on July 6.
Luxury
Design
Korean artist Dahye Jeong wins the Loewe Foundation Craft Prize 2022
"A Time of Sincerity", a basket made of horsehair that revives a craft technique that dates back five centuries, was the work chosen this year from among the thirty finalists.
Luxury
Design
Botter wins ANDAM 2022 Grand Prize; Robert Wun the Prix Spécial
Botter, the duo of Rushemy Botter and Lisi Herreburgh, has won the ANDAM 2022 Grand Prize; as Robert Wun was awarded the Prix Spécial, and Anthony Alvarez of Bluemarble picked up the Pierre Bergé Prize.
Luxury
Design
Appointments
Moda Operandi appoints Marc Rofsky to head of ready-to-wear
Moda Operandi announced on Friday the appointment of Marc Rofsky to the role of director of buying, ready-to-wear, effective July 11.
Fashion
Appointments
Kate Moss becomes Diet Coke 'Creative Director', brand also links with LFW
Here’s an interesting development. In the brand’s 40th year, Diet Coke has appointed its first Creative Director in over a decade with Kate Moss stepping up.
Fashion
Appointments
Bruno Pavlovsky, elected president of the Fédération de la Haute Couture et de la Mode, reveals his plans
Bruno Pavlovsky was elected president of the Fédération de la Haute Couture et de la Mode on Friday, succeeding Ralph Toledano. We spoke to the executive to hear his vision for Paris Fashion Week and French fashion.
Luxury
Appointments
Carlo Capasa re-elected chairman of the National Chamber of Italian Fashion
Carlo Capasa has been confirmed for the fifth consecutive time as head of the National Chamber of Italian Fashion (CNMI). He has been re-elected after two particularly challenging years marked by the pandemic.
Fashion
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