BREGANZE, Italy — The Italian owner of jeans maker Diesel SpA declined to rule out a move for Roberto Cavalli as it seeks to add to its roster of fashion brands and position itself as an “alternative to luxury” group.
PARIS, France — Renzo Rosso, the founder of Diesel, says competition for hot designers is now as intense as for football stars, as shown by the speed at which big luxury groups such as LVMH are investing in promising new fashion names.
MILAN, Italy — Italian fashion house Roberto Cavalli reported a 20 percent rise in first-half core earnings, boosted by new outlets and rising royalties, it said on Thursday.
MILAN, Italy — As Milan Men's Fashion Week continues, our trusty contributing photographer Sonny Vandevelde provides us with behind-the-scenes photos from the Diesel, Emporio Armani, Gucci, Etro, Canali and Fendi shows.
NEW YORK, United States — Today, contributing photographer Sonny Vandevelde files backstage imagery from the Rodarte, Siki Im, Diesel, Sophie Theallet, Jeremy Scott, Reed Krakoff, Perry Ellis, Anna Sui and Calvin Klein shows, held over days six, seven and eight of New York fashion week. Sonny Vandevelde is a contributing photographer at The Business of Fashion.
Diesel boss to take over Italy fashion house Marni (Reuters) “Diesel jeans brand founder Renzo Rosso is poised to take over Italy’s Marni to relaunch the bohemian-chic fashion house on foreign markets, the company said. The all-Italian acquisition is a rare case in a luxury industry where most deals are made in France and Asia, and confirms Rosso as a dynamic fashion entrepreneur in Italy.” Galeries Lafayette To
On Instagram, a Thriving Bazaar Taps a Big Market (NY Times) “Instagram, the picture-sharing application that Facebook bought earlier this year, has not yet figured out a way to make money. But some of its users have.” Hong Kong loses IPO crown (FT) “After three years of ruling the world, Hong Kong’s crown has undoubtedly slipped. This year the city fell to fourth place in the global rankings for initial public
Fashion Weighs a Deeper Investment in Africa (IHT) “Designers from Vivienne Westwood to Jean Paul Gaultier have long drawn on the vibrancy of African culture in their clothing lines. But now the industry is taking a tentative look at whether it makes sense to put down larger stakes as the African economy begins to take its place alongside the world’s other promising emerging markets.” Gap raises full year profit view,
Benetton to make decision on delisting (FT) “The Benetton family will decide at a board meeting on Wednesday whether to delist the Italian knitwear group known for its brightly coloured jumpers after the company posted another plunge in profits as it struggles to compete with Inditex and H&M.” Luxury Companies That Can Bring You Closer to the Good Life (Money Morning) “A lot of consumers are hurting right now,
Full Spectrum, Less Spectacle (NY Times) “Don’t be fooled by the giant lion at Chanel… Most of the remaining half-dozen or so houses that show haute couture scaled down their presentations… a nip here, a tuck there and a P.R. man explaining in a hushed tone that the designer wanted to ‘return to couture’s roots.’” Luxury shoppers pull back in June (Bloomberg) “MasterCard Advisor’s
Diesel banned from using ‘offensive’ ads (Reuters) “Fashion label Diesel has been banned from using two adverts showing young women which a standards watchdog said were likely to cause serious offence.” Global brands widening product portfolio in kids segment (Economic Times) “Kids are getting spoilt more than ever before with busy parents trying to make up for lack of time and presence through luxury