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Haeres Capital hires operating partner to set up luxury division
The Swiss private equity firm, owner of Borsalino, has hired a new operating partner, Jérôme Macario, a corporate finance specialist who has worked at Kering, with the aim of investing in luxury brands.
Luxury
Business
Blow to retail as business rates reform is delayed
Hard-pressed fashion retailers awaiting government plans for a major shake-up in business rates will have to wait. A call from 40 trade associations for the overhaul to be included in upcoming Budget have been dashed.
Fashion
Industry
Landsec rent collections continue to improve but retail lags offices
Positive news from retail landlord Landsec continues on the rent collection front. The commercial property giant said Friday that, as of 12 October, 85% of the £89 million net rent due on 29 September had been paid.
Fashion
Business
Leather goods label Lancel reports 36.4% H1 sales rise
In H1 of the 2021-22 fiscal year, closed on September 30, French leather goods label Lancel saw its sales increase by 36.4%, driven by strong performances across all its distribution channels.
Luxury
Business
Design
Vuitton publishes Louis Vuitton: L’Audacieux, on the life of its founder
Louis Vuitton, the label, is instantly recognizable to the majority of people as one of the most successful luxury brands in the world. But what about Louis Vuitton, the person?
Luxury
Design
Miss Dior exhibition opens in Monsieur’s Provençal chateau
Parfums Christian Dior has opened the Miss Dior Exhibition 12 Women Artists featuring interpretations of the fragrance in Monsieur Dior’s Chateau de la Colle Noire, opening it for the first time to the general public.
Fashion
Design
In Kyoto, a fashion brand is turning kimonos into couture dresses
In a bid to tackle overproduction and waste, Japanese company Kien has turned to upcycling, transforming kimonos once left in the closet into couture dresses.
Luxury
Design
BFC Foundation names MA Scholarship recipients
The British Fashion Council (BFC) has announced the recipients of its 2021/22 BFC Foundation MA Scholarship schemes that provide funding to fashion design students.
Fashion
Design
Appointments
Hollister names Fortnite world champion as first chief gaming scout
The fashion retailer has named 18-year-old streamer and esports champion Kyle “Bugha” Giersdorf as its first chief gaming scout, a role in which he will help select talent for the brand’s new gamer training program.
Fashion
Appointments
Under Armour appoints chief consumer officer
Under Armour Inc. announced on Thursday the appointment of Massimo Baratto to executive vice president, chief consumer officer.
Fashion
Appointments
Calida group’s chief digital officer steps down
Stefan Mues, chief digital officer of Swiss group Calida, owner of Aubade, Lafuma Mobilier and Calida, is leaving the company. His successor has not yet been announced.
Fashion
Appointments
Spreadshirt puts Sven Burscher in charge of its 190 product licences
After poaching a new marketplace manager from Zalando, the customised apparel and accessories specialist has hired Sven Burscher to oversee the 190 international product licenses it holds.
Fashion
Appointments
Trends
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