Italy’s top court has cleared fashion designers Domenico Dolce and Stefano Gabbana over charges of hiding hundreds of millions of euros from Italian tax authorities.
Thousands of people have been smuggled into Italy, finding work at factories that ignore basic safety standards, while billions of euros are smuggled back to China.
In four years, Paula Cademartori has built a modest but respectable accessories business set to generate $2.8 million in 2014 on compact, colourful handbags.
Luxottica Group SpA said founder Leonardo Del Vecchio will become interim chief executive officer after the Italian maker of Ray-Ban glasses lost its second leader in little more than a month.
Luxottica Group SpA, the world’s largest eyewear maker, slumped in Milan trading after losing its second chief executive officer in little more than a month.
Tod’s may spin off its luxury sneaker division, Hogan, according to a company spokeswoman.
At Toiletpaper, artist Maurizio Cattelan and photographer Pierpaolo Ferrari are creating provocative, hyperreal imagery that has ‘infected’ fashion with its naughtiness, irony, humour and shock value.
Prada SpA, the Italian maker of $3,990 handbags and $795 pumps, reported a 21 percent drop in first-half profit as sales grew at the slowest pace in three years on weakening demand in Asia and Europe.
In the last two years, emerging fashion brands like Christopher Kane, Altuzarra, JW Anderson, Nicholas Kirkwood and Roksanda have attracted a flurry of investment. Who’s next? BoF identifies the young fashion labels we would bet on, based on their commercial and creative potential.