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Next has good year, says price rises will slow
Fresh from news of its latest acquisition — Cath Kidston — Next has reported its annual results and as is usually the case with the company, it achieved a performance many peers would envy.
Fashion
Business
Burberry acquires Italian technical outerwear business from supplier
Burberry has made a key move to boost its technical outerwear production capacity. It has entered into a deal to acquire a business from longstanding Italian supplier Pattern SpA for €21 million.
Fashion
Industry
Lululemon sees 2023 sales, profit above estimates on strong demand
Lululemon Athletica Inc forecast annual sales and profit above Wall Street estimates on Tuesday, betting on strong demand for its pricier yoga wear even as inflation hurts consumer spending.
Fashion
Business
Luna Daily enters the U.S., secures $3.7 million investment
Intimate care brand Luna Daily announced on Tuesday the brand's U.S. debut via a partnership with Sephora.
Beauty
Retail
Design
G-Star Raw produces AI-designed one-off denim garment
G-Star Raw has become the first fashion label to take AI-generated design off the screen and into the workshop with a “unique piece of denim couture, which highlights how AI is being used in the real world”.
Fashion
Design
Adidas says Black Lives Matter design violates three-stripe trademark
Sneaker giant Adidas has asked the U.S. Trademark Office to reject an application for a Black Lives Matter trademark featuring three parallel stripes, arguing it could mislead the public.
Fashion
Design
Dominique White is latest Max Mara Art prize winner
Italian luxury label Max Mara has announced Dominique White as the winer of the Max Mara Art Prize for Women, the only visual art prize of its kind in the UK.
Luxury
Design
Kering joins Pitti Uomo to support ten young responsible designers
The luxury group is joining forces with the men's trade fair via its Materials Innovation Lab (MIL) by supporting ten young eco-friendly designers in the S/Style section.
Luxury
Design
Appointments
Macy's adds to board
Macy’s, Inc. has announced the appointment of Naveen Chopra, executive vice president and chief financial officer of Paramount Global, to its board of directors, effective April 1.
Fashion
Appointments
Swarovski names new general manager for North America
Crystal and jewelry manufacturer Swarovski has revealed the appointment of Kolja Kiofsky to the role of general manager, North America.
Luxury
Appointments
Matalan names new Chair from Takko, ex-Co-op food leader Whitfield is CEO
There’s a new leadership team at Matalan with the company announcing on Monday that Karl-Heinz Holland is now the company’s Chair and Jo Whitfield joins as CEO.
Fashion
Appointments
Five executives at India's Nykaa resign in latest departures
Five executives at India's Nykaa have resigned, a spokesperson said on Friday, the latest departures at the beauty company amid intensifying competition and a falling stock price.
Beauty
Appointments
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