Giorgio Armani Posts 24% Profit Drop in Tough 2024, Steps Up Investments
The Milanese group was hit by declining revenues and a slight increase in operating costs but said it retained a long-term approach amid a sharp downturn in luxury demand.
Milan, Italy
Giorgio Armani Posts 24% Profit Drop in Tough 2024, Steps Up Investments
The Milanese group was hit by declining revenues and a slight increase in operating costs but said it retained a long-term approach amid a sharp downturn in luxury demand.
At Milan Fashion Week, Highs and Lows
Milan’s menswear showcase felt particularly frail this season, though there were a few standouts, reports Angelo Flaccavento.
Umit Benan Is Back
With a new Davide De Giglio-backed venture offering ‘bespoke prêt-à-porter,’ the master tailor is once again in the spotlight and will unveil a new collection and retail concept on Friday in Milan.
At Salone, Design Spectacle Takes Centre Stage
The power of brand theatre was on display at Milan Design Week, reports Dan Thawley.
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This Week: Luxury’s Salone Love Affair
The downturn in demand for luxury fashion hasn’t stopped major brands from making a splash at Milan’s Salone del Mobile design fair.
Milan Day Six: Old Guard, New Guard
Giorgio Armani’s latest outing capped a Milan Fashion Week that included shows from promising young labels: Galib Gassanoff’s Institution, Giuseppe Buccinnà and Francesco Murano.
Milan Day Five: Matters of Identity
On the fifth day of Milan Fashion Week, designers at Bally, Ferragamo and Dolce & Gabbana explored the elasticity of brand DNA.
Backstage Pass | Rick Owens' Alien Nation
The designer speaks to BoF’s Imran Amed on the past, present and future of the Roman fur and leather goods house that carries her family name.
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Milan Day Four: Cracking Fashion Codes
Designers at Versace, Moschino, Tod’s and Missoni grappled with how to interpret deep-rooted house codes, while Sunnei’s Simone Rizzo and Loris Messina kept creating their own.
Fashion Week
First Look at Alberto Caliri’s Missoni
Company veteran Caliri is back in the driver’s seat as creative director of men’s, women’s and home collections. ‘What matters at Missoni is the materiality of texture, and this is where my path begins,’ the designer tells Angelo Flaccavento on the eve of his return to the runway.
First Look at Alberto Caliri’s Missoni
Company veteran Caliri is back in the driver’s seat as creative director of men’s, women’s and home collections. ‘What matters at Missoni is the materiality of texture, and this is where my path begins,’ the designer tells Angelo Flaccavento on the eve of his return to the runway.
Milan Day Three: Visions of Femininity
On the third day of Milan Fashion Week, Prada, Roberto Cavalli and Etro proposed their takes on how a woman should look.
Milan Day Two: A Victory Lap and a Farewell
On the second day of Milan Fashion Week, Silvia Venturini Fendi staged a 100th anniversary show and Lucie and Luke Meier showed their final collection for Jil Sander, while OTB stablemates Diesel and Marni hit the mark.
The News in Brief
E-Commerce Firm Jumia Draws Takeover Interest From Axian
A deal between the biggest e-commerce platform in Africa and telecommunications company Axian would help both company expand across the continent.
Billionaire H&M Founding Family Speeds Up Share Purchases
The Persson family and its related companies owned over 60 percent of H&M's shares at the end of May, prompting speculation the company may return to private ownership.
Kate Moss’ Cosmoss Enters Liquidation
The prestige skincare and wellness line founded by the British supermodel entered liquidation proceedings after failing to file its company accounts.
Vivienne Westwood and Rei Kawakubo Paired for Blockbuster Exhibition
The two era-defining avant-garde fashion designers will be the subject of a major exhibition at the National Gallery of Victoria in Australia.
Exclusive: Smythson of Bond Street Acquired by Oakley Capital
The British luxury lifestyle brand, known for its leather handbags, notebooks, homeware and other accessories, will look to accelerate its growth and expand internationally.
L’Oréal to Acquire Hair Care Brand Color Wow
Hair care was the second fastest-growing category at L’Oréal last year after fragrances.
Bold Management Acquires Influencer Agency The Digital Prototype
The deal bolsters Bold’s talent management capabilities in France.