The runways are awash with gender-neutral statements. What does this mean for retail?
Prada SpA reported full-year sales that trailed estimates as fewer Chinese shoppers splurged on $2,950 leather handbags and other luxury products.
Italian fashion retailer Benetton will pay into a fund set up to compensate victims of the 2013 Rana Plaza factory collapse in Bangladesh that killed more than 1,100 people.
In Milan’s teeming commercial district, something unusual is happening this winter — Italians are shopping.
If in fashion, being late on a trend can be lethal, playing catch-up in terms of business strategy can be just as damaging. Prada is learning that lesson the hard way.
Gucci plans to name a new creative director as early as this week, with accessories designer Alessandro Michele leading a list of candidates for the job.
Of all the fall-winter fashion collections on show in Milan over the next four days, the label that will attract the most attention will probably be Gucci, and not because of the clothes.
Italian fashion house Gucci said on Monday it would strengthen controls on its suppliers after a television program showed Chinese employees working more than three times their official hours to assemble its handbags.
Prada SpA reported a 44 percent drop in third-quarter profit as weaker spending by wealthy Chinese consumers weighed on the luxury-goods maker’s revenue growth.