Latest Articles in News

Coastal Grandmother 2024/25 Update: The enduring Tiktok trend

While the term ‘Coastal Grandmother’ was first introduced by TikTok influencer Lex Nicoleta back in 2022, the aesthetic is still relevant for consumers in 2024 and beyond. Nicoleta referenced characters such as Erica Barry, (Diane Keaton), in Nancy Meyer’s movie ‘Something’s Gotta Give’ as inspiration for the look. She pictured a series of...

Business

Zalando improves profitability in Q1, confirms outlook

Zalando delivered growth and improved profitability in the first quarter with gross merchandise volume (GMV) increase of 1.3 percent to 3.3 billion euros and revenues of 2.2 billion euros compared with 2.3 billion euros in the prior-year period. Zalando said, adjusted EBIT rose to 28.3 million euros, in line with market expectations and...

BusinessFeatured

Coty's Q3 LFL revenues up by 10 percent, beat forecast

Coty’s third quarter net revenues grew 8 percent to 1,386 million dollars on a reported basis and 10 percent on a LFL basis supported by growth in fragrances, colour cosmetics, skin care and body care. These results trended above the company's guidance of 6 to 8 percent LFL for the second half of FY24. On a year-to-date basis, net revenues grew...

Business

LVMH appoints advisors, reports say, as it considers sale of Marc Jacobs

LVMH and Marc Jacobs are once again gracing the headlines this week, with speculation swirling around the potential sale of the New York-based brand. Despite efforts to quash rumors, whispers of a possible transaction persist, keeping industry observers on the edge of their seats. Last week, Bloomberg stirred the pot by reporting that LVMH, the...

Fashion

Showbiz elite descend on Manhattan for Met Gala

The entertainment world hits the red carpet Monday for the annual Met Gala, New York's party of the year that hosts a parade of superstars donning their most extravagant looks. Zendaya, Jennifer Lopez, Bad Bunny and Chris Hemsworth will join Vogue Editor-in-Chief Anna Wintour to host the so-called Oscars of the East Coast, which is a mammoth...

Business

Decathlon develops recyclable swimwear with Resortecs

French sporting goods chain Decathlon has teamed up with the Belgian textile recycling company Resortecs to develop a recyclable swimwear collection. The collection addresses the main problem with recycling swimwear to date, which has been that swimwear fabrics usually have high elastane content, but elastane cannot yet be separated from the...

Fashion

Puma and A$AP Rocky unveil motorsports-inspired collaborative collection

In continuation of the duo’s ongoing partnership, sportswear giant Puma and rapper A$AP Rocky have unveiled a new capsule collection dedicated to motorsports. Rocky, who was named the creative director of Puma’s Formula 1 deal, said in a release that the line was “all about giving fans the opportunity to have their own racing suit”, as reflected...

Business

Sycamore may take Nordstrom private

New York-based private equity firm Sycamore Partners has set its sights on acquiring U.S. department store group Nordstrom, with plans to take it private. Following discussions held by Nordstrom CEO Erik Nordstrom and President Pete Nordstrom with the chain's board last month, the company confirmed its exploration of the possibility of...

BusinessFeatured

Tunis Fashion Week 2024: A platform for international business and artistic dimension

By bringing together institutional delegations from China and Russia, potential private partners from Algeria and brands from Tunisia, Portugal, Italy, Russia and France, at the gateway to the Sahara, in the phantasmagorical setting of an arty, industrial salt lake, the producer of Tunis Fashion Week, Anis Montacer, presents Tunisia with a...

Fashion

Chanel unveils 2024/25 Cruise collection in Marseille

Chanel's latest Cruise collection unveiling marked a departure from the norm as the iconic luxury brand set its sights on Marseille, France's bustling port city. Amidst the tradition of luxury brands jetting off to far-flung locales for Cruise season, Chanel's choice of Marseille highlights the city's unique standing in France's fashion...

Retail |In Pictures

Guess sets up shop in South Africa for next DestinationGuess location

American ready-to-wear brand Guess has unveiled the location of its next '#DestinationGuess'. After setting up shop in a number of European beach clubs and ski resorts over the last few months, the label is now settling in South Africa. In collaboration with its long-standing partner Marcolin, specialists in the production and distribution of...

Retail

Sézane opens second US store in Washington DC

Women's ready-to-wear brand Sézane is continuing to travel the roads of the US to meet its American customers. Following the launch of a short-term base in Austin, Texas, it is now setting up shop in Washington DC. At the beginning of March, Sézane opened a pop-up store in South Congress, one of Austin's busiest shopping areas. The brand is now...