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.
Against Italy’s gloomy economic backdrop, several Italian luxury brands are dedicating resources to restore monuments, preserve the country’s cultural heritage and offer social support.
BoF editor-in-chief Imran Amed recaps the week in the business of fashion.
Today, Nicola Formichetti was revealed as the first-ever Artistic Director of Diesel. A few weeks earlier, BoF’s Imran Amed conducted his latest CEO Talk with the man who started it all, Italian fashion entrepreneur Renzo Rosso.