De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
Milan, Italy
Luxury
Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Fashion Week
Milan Day Six: Armani After Armani
Silvana Armani has worked alongside her late uncle for over 40 years, but her first ready-to-wear show as women’s creative director offered a lighter, more pragmatic touch, reports Angelo Flaccavento.
Milan Day Six: Armani After Armani
Silvana Armani has worked alongside her late uncle for over 40 years, but her first ready-to-wear show as women’s creative director offered a lighter, more pragmatic touch, reports Angelo Flaccavento.
Fashion Week
Milan Day Five: Identity Matters
The topic of brand identity was front and centre at Bottega Veneta, Ferragamo and Dolce & Gabbana on the fifth day of Milan Fashion Week, reports Angelo Flaccavento.
Milan Day Five: Identity Matters
The topic of brand identity was front and centre at Bottega Veneta, Ferragamo and Dolce & Gabbana on the fifth day of Milan Fashion Week, reports Angelo Flaccavento.
Fashion Week
Let’s Get Physical: Getting to Grips with Demna’s New Gucci
The hottest show in Milan confounded those seeking a clear answer to the question: can Demna save Gucci? What we got was an urgent meditation on beauty and sex. ‘Clear and attractive and hot. More than ever, I need fashion to be like that for me,’ the designer told Tim Blanks, ‘and Gucci is a perfect place for it.’
Let’s Get Physical: Getting to Grips with Demna’s New Gucci
The hottest show in Milan confounded those seeking a clear answer to the question: can Demna save Gucci? What we got was an urgent meditation on beauty and sex. ‘Clear and attractive and hot. More than ever, I need fashion to be like that for me,’ the designer told Tim Blanks, ‘and Gucci is a perfect place for it.’
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Fashion Week
Milan Day Four: Gucci and Demna — Milan’s Main Act
The most hotly anticipated show of the week was also its most polarising. But there was more on the menu on day four of the Milan shows, reports Angelo Flaccavento.
Milan Day Four: Gucci and Demna — Milan’s Main Act
The most hotly anticipated show of the week was also its most polarising. But there was more on the menu on day four of the Milan shows, reports Angelo Flaccavento.
Fashion Week
Did Meryll Rogge Capture the Spirit of Marni?
Yes, she did. The designer owed one of her happy fashion places to Consuelo Castiglioni, but she never imagined she’d one day take her place.
Did Meryll Rogge Capture the Spirit of Marni?
Yes, she did. The designer owed one of her happy fashion places to Consuelo Castiglioni, but she never imagined she’d one day take her place.
Fashion Week
Milan Day Three: Who Do You Think You Are?
On the third day of Milan Fashion Week, Miuccia Prada, Raf Simons, Meryll Rogge and the Armani heirs, Silvana Armani and Leo Dell’Orco, were among the designers who offered food for thought on the matter of identity.
Milan Day Three: Who Do You Think You Are?
On the third day of Milan Fashion Week, Miuccia Prada, Raf Simons, Meryll Rogge and the Armani heirs, Silvana Armani and Leo Dell’Orco, were among the designers who offered food for thought on the matter of identity.
Fashion Week
Milan Day Two: A Big Debut and a Second Coming
The masculine and feminine faced off — how very Milanese! — at Maria Grazia Chiuri’s first show for Fendi and Simone Bellotti’s sophomore outing for Jil Sander on day two of Milan Fashion Week.
Milan Day Two: A Big Debut and a Second Coming
The masculine and feminine faced off — how very Milanese! — at Maria Grazia Chiuri’s first show for Fendi and Simone Bellotti’s sophomore outing for Jil Sander on day two of Milan Fashion Week.
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Fashion Week
Maria Grazia Chiuri Bets on Pragmatism to Reignite Fendi
The designer focused on clarifying the brand’s silhouette and creating a unified cross-gender wardrobe in a surprisingly colourless debut. ‘I’m not an entertainment designer,’ she explained.
Maria Grazia Chiuri Bets on Pragmatism to Reignite Fendi
The designer focused on clarifying the brand’s silhouette and creating a unified cross-gender wardrobe in a surprisingly colourless debut. ‘I’m not an entertainment designer,’ she explained.
Luxury
Is Armani Any Closer to a Stake Sale?
Half a year after Giorgio Armani’s death, it appears to be business as usual at the sprawling fashion empire while potential investors continue to circle with no firm bid in sight.
Is Armani Any Closer to a Stake Sale?
Half a year after Giorgio Armani’s death, it appears to be business as usual at the sprawling fashion empire while potential investors continue to circle with no firm bid in sight.
Fashion Week
Milan Day One: Two Takes on Escapism
On the first day of Milan fashion week, Glenn Martens’ Diesel and Vivetta Ponti’s new project Venerdì Pomeriggio dealt with escapism and abandon in their own ways, reports Angelo Flaccavento.
Milan Day One: Two Takes on Escapism
On the first day of Milan fashion week, Glenn Martens’ Diesel and Vivetta Ponti’s new project Venerdì Pomeriggio dealt with escapism and abandon in their own ways, reports Angelo Flaccavento.
Luxury
This Week: Gucci, Fendi and Marni Put to the Test
Kering, LVMH and OTB all have significant skin in the game this Milan Fashion Week with new designer runway debuts at storied Italian brands.
This Week: Gucci, Fendi and Marni Put to the Test
Kering, LVMH and OTB all have significant skin in the game this Milan Fashion Week with new designer runway debuts at storied Italian brands.
The News in Brief
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.
Zimmermann Names Roberto Eggs CEO
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.