The fashion events calendar is struggling to get back to some sort of normality as UK lockdowns end while the pandemic rumbles on, and the menswear edition of London Fashion Week is being affected by this.
The parent company of brands including Donna Karan, DKNY and Sonia Rykiel has reported net sales of $1.02 billion for Q3, reflecting a 22.8% increase from $826.6 million in the same period in the previous year.
The Italian fashion group owned by Renzo Rosso has created BVX (Brave Virtual Xperience), a company that will develop projects and content for the virtual world of the metaverse, headed by Renzo’s son Stefano Rosso.
After its central London launch, Monsoon has opened its second boutique concept store at Bluewater in Kent. The company is “bringing a fresh new store experience to customers as part of the regeneration of retail”.
UK shoppers plan to spend £8.4 billion on buying Christmas gifts from independent retailers, some £2 billion more that a year ago, new research from Direct Line business insurance shows. That's 28% of their budget.
Red carpet events may have been thin on the ground in the past 18 months, but they still have the power to influence consumer fashion choices. And two high-profile red carpets have shown that in the past few few days.
How’s this for a positive trading statement opening: “Confidence, footfall, trading recovering; rebound in occupier demand driving vacancy down towards pre-pandemic levels; valuation recovery in second half”.