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VF Corp slips as production delays, China curbs hit sales forecast
Vans shoe maker VF Corp cut its full-year revenue forecast on Friday as it struggles with material shortages, labor issues at factories and slump in sales in China due to COVID-related lockdowns.
Fashion
Business
French outdoor sports e-tailer Hardloop raises €3 million
In January, the outdoor sportswear and equipment e-tailer has raised fresh capital worth €3 million with Sport & Performance Capital, SGPA and a pool of business angels, to boost its digital tech capabilities.
Fashion
Business
Dr Martens shares fall on expected slower revenue growth
It may have delivered a trading update on Thursday in which its sales soar, but Dr Martens shares fell on the news as investors worried over its future growth prospects, falling as much as 14% after the release.
Fashion
Business
Experienced Capital Partners diversifies into the restaurant industry
The French growth capital fund, which usually invests in the fashion and beauty sector, has led a €10 million investment, raised for the Nouvelle Garde breweries.
Lifestyle
Business
Design
Stella McCartney designs pantsuit for Minnie Mouse on Disneyland Paris anniversary
Stella McCartney has created a new look for Walt Disney’s Minnie Mouse as Disneyland Paris marks its 30th anniversary. For the celebration, she’ll be seen in a blue pantsuit.
Fashion
Design
The Frntal launches to support emerging fashion/design talent with NFT element
Next month will see the launch of The Frntal, a UK-based online retailer that’s also a platform for “representing and showcasing emerging creatives and pioneers in contemporary fashion and design".
Fashion
Retail
Fendi: Roman Rationalism, complicated couture
Fendi staged its latest couture show inside the former home of the Paris Bourse on Thursday. But while its owner LVMH continues to flourish on the French stock market, Fendi did not enjoy a winning couture season.
Luxury
Catwalks
CFDA introduces interim member tier
The Council of Fashion Designers of America (CFDA) announced this week the launch of a new interim membership tier, along with its inaugural 22 interim members.
Fashion
Design
Appointments
Prada appoints ESG experts Culpepper and Rugarli to board
The shareholders' meeting of Prada appointed on Friday environmental, social and governance (ESG) experts Pamela Culpepper and Anna Maria Rugarli as independent non-executive directors to its board.
Luxury
Appointments
Very Group consolidates retail teams
Four becomes two. The Very Group has created a new two-tier retail operations division, consolidating and simplifying its current four-division structure. The reshuffle means fashion director Emma Alexander is to leave.
Fashion
Appointments
Hermès appoints Gregoris Pyrpylis as creative director of beauty products
The luxury label has recently named Greek make-up artist Gregoris Pyrpylis as creative director of Hermès Beauty, the make-up line launched by Hermès in March 2020.
Beauty
Appointments
Boohoo Group names JD Sports exec as new Debenhams CEO
Debenhams has a new CEO. The Boohoo Group-owned online department store retailer has lured JD Sports Fashion multichannel chief to its top post.
Fashion
Appointments
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