Browns has linked up with fashion rental-to-styling service Armarium for a pop-up at its London store. It’s an interesting move that complements a full-price offer with Armarium’s affordable access to designer labels.
Victoria Beckham has named another respected executive to her top team following the appointment of Ralph Toledano as chairman this year. Now Paolo Riva, ex-CEO at DVF, will join in the same role this September.
Italian state-backed investment fund Fondo Strategico Italiano (FSI) has agreed to buy 41.2% of Italian fashion house Missoni, while former Salvatore Ferragamo CEO Michele Norsa will be appointed as deputy chairman.
The Camera Nazionale della Moda Italiana has re-elected Carlo Capasa as its president for a two-year term. This is the third time that Capasa has been elected as president of the Camera, Italian fashion's governing body.
Luxury group Salvatore Ferragamo said on Monday it expected 2018 results to be undermined by currency swings and an unfavourable mix of its sales channels, after posting first quarter results in line with expectations.