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Gucci's challenge: reigniting heat while boosting timeless appeal
Sabato De Sarno needs to spark heat with a new direction at Guicci, analysts say - a delicate task, given the emphasis executives have also put on the label's timeless appeal.
Luxury
Design
London-based Emperia gets £10m to boost metaverse e-tail
London-based software start-up Emporia has raised over £10 million of expansion funding “to reimagine the e-commerce space”. It’s aiming to bring retail into the metaverse by providing the tech to build virtual stores.
Fashion
Business
Matchesfashion gets £60m cash injection from owner
Matchesfashion’s owner Apax partners has agreed a £60m funding package for the luxury retailer as it continues to work on its turnaround. The new package comprises £40m of equity and £20m of additional debt.
Luxury
Business
Frasers Group is now N Brown's second-biggest shareholder
Frasers Group has dramatically upped its stake in N Brown, now holding a 17.88% share of the business, according to filings with the London Stock Exchange.
Fashion
Business
Design
Gucci's challenge: reigniting heat while boosting timeless appeal
Sabato De Sarno needs to spark heat with a new direction at Guicci, analysts say - a delicate task, given the emphasis executives have also put on the label's timeless appeal.
Luxury
Design
Nike partners with FaZe Clan on new shoe design
Nike has tapped gaming organization FaZe Clan to create the latest Nike LeBron Nxxt Gen shoe, inspired by the world of competitive gaming.
Fashion
Design
Adaptista announces scholarship with British Academy of Fashion Design
Online fashion marketplace Adaptista has partnered with the British Academy of Fashion Design to launch a scholarship programme aimed at encouraging people with disabilities to pursue an education in fashion design.
Fashion
Design
Gaurav Gupta creates sculpture-like garments inspired by infinity for his Paris Haute Couture debut
The Indian designer, favourite of celebrities such as Sharon Stone, Megan Thee Stallion or Kylie Minogue, brought sophistication and seduction to the Parisian catwalk with his signature sculpture-like designs.
Luxury
Catwalks
Appointments
Skims names first-ever chief commercial officer
Skims announced on Monday the appointment of Robert Norton to the role of chief commercial officer, a newly created role for the U.S. shapewear brand, founded by Kim Kardashian.
Fashion
Appointments
Mila Schön names Marc Audibet creative director in major investment plan
Famed Milanese fashion house Mila Schön has named Marc Audibet to be its new creative director in major investment plan to relaunch the brand, backed by new Italian investors.
Fashion
Appointments
Hein Schumacher is new Unilever CEO
Global beauty and consumer products giant Unilever has announced its new CEO who’s set to take over from outgoing chief Alan Jope on 1 July. And his name? Step forward Hein Schumacher.
Beauty
Appointments
Salesforce appoints new board directors amid activist investor pressure
Salesforce Inc on Friday named three new board directors, amid pressure from activist investors for better cost control and a management shakeup at the cloud-based software firm.
Fashion
Appointments
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