LVMH Prize Names Finalists, Adds Phoebe Philo and Pharrell Williams to Jury
On Sept. 10 the eight designers will present their collections at the Louis Vuitton Foundation in Paris.
Haisam Mohammed, a son of Eritrean refugees, has turned the aromas wafting through the stairwells of Sweden’s high-rises into a perfume business now backed by Frame co-founder Erik Torstensson.
H&M Group sank to a loss in the second quarter of 2020 as the pandemic caused sales to plummet 50 percent year-on-year, but it has since recovered faster than expected. The fast fashion giant’s chief executive is focusing on more sustainable business models to drive growth in the coming years.
H&M Group sank to a loss in the second quarter of 2020 as the pandemic caused sales to plummet 50 percent year-on-year, but it has since recovered faster than expected. The fast fashion giant’s chief executive is focusing on more sustainable business models to drive growth in the coming years.
The retailer aims to cut its store number by a net 250 next year, representing 5 percent of its current network.
The fast fashion retailer, which will publish its full quarterly report on October 1, reported pretax earnings of around $229 million.
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The Swedish retailer has launched an investigation into its chain & Other Stories, which came under fire after a report by CNN revealed several managers used racist language internally to refer to a hat.
H&M first invested in Sellpy in 2015 and now holds a 70 percent stake.
The move comes after the retailer declared its first loss in at least a decade.
The fast fashion retailer saw net sales fall by 50 percent in the three months to May 31, despite an uptick in online sales.
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Despite many of its stores remaining closed, the fast fashion retailer announced 2,500 employees are set to return to its Stockholm headquarters in July.
The fast fashion retailer warned it would make a loss for the first time in decades in its second quarter.
The pandemic has forced H&M to temporarily close most of its stores, flag big layoffs and scrap its annual dividend.
As the global pandemic mounts, the retailer announced it is in talks with thousands of its employees about reducing hours to curb the spread of the virus.
On Sept. 10 the eight designers will present their collections at the Louis Vuitton Foundation in Paris.
The results help to explain owner Mayhoola’s decision to shake up the brand’s aesthetic direction by hiring former Gucci designer Alessandro Michele.
The social media platform will effectively ban most weight loss-related content from appearing on its app starting next month, according to a sweeping new set of community guidelines published on its website last week.
A taffeta ball gown with the span of a light aircraft is one of the more magnificent items to go on sale at Christie’s in June as part of an auction of the personal wardrobe of Dame Vivienne Westwood.
The fashion industry’s era of so-called quiet luxury is over and affluent consumers will want bold designs again, the chairman of Valentino has predicted.
Burlon, a former DJ, stylist and PR, founded the Milan-based label as a T-shirt line in 2012, inspired by ‘90s club culture.
The Colombian designer, whose bags have been worn by celebrities and featured on shows like Sex and the City, previously pled guilty to illegally importing millions of dollars of crocodile and snakeskin handbags into the US.
Millennial and Gen-Z respondents were among the most likely to pay a premium for environmental-friendly practices.