Business

Italy's Cucinelli defies slowdown fears with 16.5% growth in sales

Italy's Cucinelli defies slowdown fears with 16.5% growth in sales

Italian luxury group Brunello Cucinelli said on Wednesday its sales rose 16.5% at current exchange rates in the first quarter, driven by growth in all regions, including Asia.
Luxury
Business
FTC is preparing lawsuit to block Tapestry’s purchase of Capri

FTC is preparing lawsuit to block Tapestry’s purchase of Capri

US antitrust enforcers are preparing a lawsuit seeking to block fashion company Tapestry Inc.’s $8.5 billion planned takeover of Capri Holdings Ltd., according to a person with knowledge of the matter.
Luxury
Business

Beiersdorf raises its sales forecast for 2024 after a good first quarter

Beiersdorf raised its sales forecast for 2024 on Tuesday, buoyed by strong first-quarter sales of its flagship Nivea brand in all regions.
Beauty
Business

Harvey Nichols names Alexander McQueen exec Goddard as its new CEO

​Harvey Nichols has faced tough conditions in recent years but it’s now hoping for better times ahead with the announcement of a new CEO from one of luxury's major labels.
Fashion
Appointments

Trade shows

Paul Smith will open next Pitti Uomo with latest collection

Paul Smith will open next Pitti Uomo with latest collection

​Paul Smith is expected to make an impact this June as the British designer opens the 106th Pitti Immagine Uomo with the launch of his SS25 collection.
Fashion
Trade shows
Shanghai’s big textile trade shows open on cautiously optimistic note

Shanghai’s big textile trade shows open on cautiously optimistic note

The Intertextile show, with 3,000 fabric producers exhibiting, and the Chic show, with its 1,200 apparel manufacturers, kicked off on March 6 amidst hopes of renewed growth in Western and Chinese demand.
Fashion
Trade shows

Spring and Autumn Fairs form advisory board to develop and grow events

UK trade shows Spring & Autumn Fair have created a new Advisory Board “to drive the continuous enhancement of the two shows and ensure that UK retail has a thriving marketplace in which to do business”.
Fashion
Industry

ITM and Texhibition trade shows scheduled in Istanbul on March 4-8

The ITM textile machinery show and the Texhibition yarns and fabrics show will be held in Istanbul at the beginning of March, respectively featuring 1,200 and 400 exhibitors.
Fashion
Trade shows