UK consumer confidence is showing signs of recovery… albeit slowly. But any positive reading in February’s main Consumer Confidence Index isn’t anywhere near enough to reflect a “spring back to life”, GfK’s said Friday.
Birkin bag maker Hermès weathered the coronavirus pandemic better than luxury goods rivals, with sales recovering sharply in the final part of 2020 thanks to a strong performance in Asia and soaring online revenues.
The debate around whether physical shops have a future may be continuing, but upscale menswear brand Simon Carter clearly thinks they do have a future. The label will be opening a new flagship store in London.
Stella McCartney has struck a long-term global kidswear licensing deal with Italy’s Simonetta, which specialises in the category. Simonetta will develop, manufacture and distribute Stella McCartney Kids from SS22.
The UK’s retail sales fall was worse than expected last month, official figures showed on Friday. And the Office for National Statistics called out clothing stores as the key sector that saw “strong declines”.
As a member of the pledge, Tapestry will commit to securing the advancement of Black individuals in the fashion and beauty industry and will work with BIFC executive board members over the next three years.
Sales at luxury puffer jacket maker Moncler recovered in the key final quarter of 2020 to rise by 8% despite the fallout from the coronavirus pandemic, as soaring revenues in Asia helped it offset a decline in Europe.
Finally, on the day when New York Fashion Week officially ended, it felt like the season had just begun, with a subtly beautiful collection of fresh attitude and grandeur by Proenza Schouler, starring Ella Emhoff.
Elie Saab returned to his youth in his latest fashion statement, an haute couture collection that mused on his own pre-teen dreams of becoming a couturier, delaying the release until Tuesday, due to the Beirut lockdown.