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, 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.
Italian handbag maker Furla plans to more than double sales in the next five years, stepping up investment in new shops as it taps consumers’ growing appetite for accessible luxury goods.
It’s been one year since the once-hot Diesel hit the ‘reboot’ button. BoF spoke exclusively with the company’s new chief executive Alessandro Bogliolo, along with Diesel founder Renzo Rosso, artistic director Nicola Formichetti and creative director of Diesel Black Gold, Andreas Melbostad, for an inside look at how the company is re-energising the brand.