Business

Ralph Lauren Q1 revenue up 8 percent, beating estimates

Ralph Lauren beat revenue expectations in the first quarter of the year. The US fashion brand reported net revenue of 1.5 billion dollars, an increase of 8 percent compared to the previous year, or 13 percent on a constant currency basis. Breaking it down by geography, revenue in Ralph Lauren’s home market of North America was up 6 percent to...

3 hours ago

Business

Capri Holdings beats Q1 revenue, profit estimates

Michael Kors owner Capri Holdings made revenue of 1.36 billion dollars in the first quarter ended July 2, up 8.5 percent compared to last year, or up 15.2 percent on a constant currency basis. Breaking it down by brand, Michael Kors - the group’s biggest label - reported revenue of 913 million dollars, up 4.8 percent on last year. Meanwhile,...

5 hours ago

People

Japanese designer Issey Miyake dies, age 84

Famed fashion designer Issey Miyake, known for his pleated clothing technique, has died at 84. According to a statement from the Miyake Design Studio and the Issey Miyake Group to FashionUnited, Miyake passed away on August 5 surrounded by his closest friends and collaborators in a Tokyo hospital. He died of hepatocellular carcinoma. Born in...

7 hours ago

Fashion

Copenhagen Fashion Week teams up with Ukrainian Fashion Week

Copenhagen Fashion Week has kicked off its spring/summer 2023 showcase today, August 9, and announced a partnership with Ukrainian Fashion Week to “uplift a fellow fashion organisation in times of war”. To support Ukrainian fashion designers as the war with Russia continues, Copenhagen Fashion Week will be showcasing a digital fashion film from...

7 hours ago

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