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The American luxury brand, which went dark in October last year, has faded into obscurity as it has paused wholesale operations and ended its agreement with licensing partner HIM Co SpA.
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The designer’s posthumous show, set in the sky, suggests his halo could keep helping the business shine.
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Alphabet Inc’s health tech arm Verily on Thursday announced its newest tie-up in its search for sustainable revenue, saying it would study skin health and explore new products with cosmetics maker L’Oréal SA.
In a sign of the French luxury sector’s booming fortunes, Chanel will on Thursday inaugurate a huge complex of ateliers where artisans from around a dozen accessory suppliers create shoes, embroidery and other handmade crafts.
The e-tailer, which is part of Richemont-owned Yoox Net-a-Porter Group (YNAP), is expanding its operating model to incorporate a marketplace platform to sit alongside its existing wholesale business.
TikTok owner ByteDance saw its total revenue grow by 70 percent year-on-year to around $58 billion in 2021, according to two people familiar with the matter, slower growth than a year earlier as China tightens its regulation of big tech companies.
The up-and-coming Beijing-based beauty retailer has secured $200 million in recent Series C and D rounds of funding, led by QY Capital and General Allantic.
Domestic sales of luxury goods reached 471 billion yuan ($74.24 billion), a near doubling in two years, according to Bain & Company’s annual "China Luxury Report 2021".
Puma said sales reached a record €6.8 billion ($7.7 billion) in 2021, up 32 percent on a constant-currency basis.
British clothing retailer Primark will not raise prices for its Spring/Summer range despite inflationary cost pressures, the finance chief of its owner Associated British Foods said on Thursday.