The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
The Italian trade show group has scheduled a return to in-person events in June. It will kick off with its popular menswear show, Pitti Immagine Uomo, on June 15-17, quickly followed by childrenswear fair Pitti Immagine Bimbo on June 23-25 in Fortezza da Basso, Florence.
Pitti Immagine Filati and Fragranze, its events for the textile and beauty sectors, will take place at Florence’s Stazione Leopolda on June 30 and Sept. 17, respectively.
Usually a four-day event, Pitti Uomo has been curtailed to meet exhibitors’ requests for cost-cutting measures, said Pitti Immagine general manager Agostino Poletto.
Pitti Immagine, like many trade shows, pivoted to a digital format over the past year to adapt to cancellations due to the pandemic, but online engagement has been a fraction of usual footfall. The cautious return to in-person fairs will be done “in the full awareness that, between now and the summer, we will all have to carefully follow the evolution of the health situation,” said chief executive Raffaello Napoleone in a statement. “We will act promptly whatever the circumstances.”
Antitrust enforcers said Tapestry’s acquisition of Capri would raise prices on handbags and accessories in the affordable luxury sector, harming consumers.
As a push to maximise sales of its popular Samba model starts to weigh on its desirability, the German sportswear giant is betting on other retro sneaker styles to tap surging demand for the 1980s ‘Terrace’ look. But fashion cycles come and go, cautions Andrea Felsted.
The rental platform saw its stock soar last week after predicting it would hit a key profitability metric this year. A new marketing push and more robust inventory are the key to unlocking elusive growth, CEO Jenn Hyman tells BoF.
Nordstrom, Tod’s and L’Occitane are all pushing for privatisation. Ultimately, their fate will not be determined by whether they are under the scrutiny of public investors.