Fashion |In Pictures

Halle Berry unveils second collection with Sweaty Betty

Hollywood actress Halle Berry has unveiled a second Re-Spin collection with activewear brand Sweaty Betty, after pieces from thefirst collaboration in Maysold out within 24-hours. The 24-piece autumn Re-Spin Edit focus on “effortless layers in time for the cosy season” with pieces in a colour palette of soft greens, warm creams and deep, earthy...

27 minutes ago

Business

JD Sports snaps up Greek retailer Cosmos Sport

JD Sports has snapped up an 80 percent stake in Greek retailer Cosmos Sport for an undisclosed sum in what is the latest in a string of acquisitions by the British sportswear giant. Cosmos is based in Crete and operates 57 stores across Greece and three in Cyprus under a variety of retail banners and associated trading websites. The principal...

43 minutes ago

Fashion

Alibaba launches fast fashion app to target Western customers

Chinese e-commerce giant Alibaba has launched allyLikes, a new fast fashion platform aimed at American and European markets. It is also in direct competition with Shein, China’s fast fashion brand that has taken the West by storm. Both business models are strikingly similar, with Shein’s portal targeting customers outside of china offering new...

2 hours ago

Culture |BACKGROUND

Cultural appropriation in fashion: what is it and can it be prevented?

Cultural appropriation: The term has been used more and more in recent years, but the practice of cultural appropriation has been around for much longer. Kunstmuseum Den Haag zooms in on the phenomenon in the new exhibition 'Global Wardrobe - the worldwide fashion connection', but the subject is also often discussed during talks about diversity...

2 hours ago

Business

Crocs reports record Q3 revenue, ups full-year forecast

US footwear brand Crocs has reported record revenue and soaring profit in the third quarter of the year despite “widespread supply chain disruption”. In the three months to September 30, the company’s revenue came in at 625.9 million dollars, a 73 percent increase from a year earlier. It said growth was strong in all regions, with the Americas...

21 hours ago

Fashion

Serge Ruffieux launches accessories brand 13 09 SR

Former Carven and Dior designer Serge Ruffieux has unveiled the first collection from his new accessories brand 13 09 SR featuring shoes, sunglasses and hand-embroidered neoprene straps. 13 09 SR, named after Ruffieux’s birthdate and initials, was co-founded with French fashion journalist Émilie Faure, who exited Le Figaro earlier this year, to...

1 day ago

Business

Hermès reports strong growth across geographies and business segments

The Hermès Group’s consolidated revenue amounted to 6,602 million euros at the end of September 2021, up 57 percent at constant exchange rates and 54 percent at current exchange rates compared to the same period in 2020. This increase is 35 percent over two years. In the third quarter, the group’s consolidated revenue reached 2,367 million...

1 day ago

Business

Spanx sells majority stake to investment firm Blackstone

Spanx has sold a majority stake to private equity firm Blackstone in a deal that values the US shapewear brand at 1.2 billion dollars. The Atlanta, Georgia-headquartered company said the acquisition will accelerate its digital transformation, expand its global footprint, and add new categories. Spanx founder Sara Blakely will retain “a...

1 day ago

More News

Fashion

No more leather at Ganni - alternative from grapes instead

Danish fashion label Ganni is planning to phase out leather by 2023 and gradually eliminate it completely from its range. This is despite the fact that lambskin pieces are one of Ganni’s most high-priced and profitable categories. But: “Selling leather products, although highly profitable, will soon be as outdated as smoking on TV,” pinpoints...

3 hours ago

People

Henry Nasella to succeed Manny Chirico as PVH board chairman

PVH Corp has announced that Manny Chirico, chairman of the board of directors, will retire effective December 31, 2021. Henry Nasella, who currently serves as presiding director, will become the independent, non-executive chairman at that time. “This brings to a successful conclusion the succession plan put in place as we transferred leadership...

4 hours ago

People

Chanel's head of external communications steps down

Chanel’s head of external communications, Marie-Louise de Clermont Tonnerre, has stepped down. Tonnerre spent over 50 years at the French fashion house creating the public and press relations departments for three of Chanel’s divisions including fashion, perfumes and cosmetics, and watches and jewelry. She also oversaw the advertising and...

14 hours ago

Business

Partners in talks to acquire stake in Breitling

Partners Group Holding AG is in talks to acquire a 25 percent stake in luxury watchmaker Breitling from CVC Capital. The news was reported by Bloomberg. A potential deal could be announced within the coming weeks. The investment could potentially value Breitling at 3.3 billion dollars. Breitling is one of the largest Swiss watch brands in the...

15 hours ago