The Crown Estate, like other major landlords, is aiming to conserve as much cash as it possibly can and has delayed the payment of its annual income to the Treasury in the face of a shortfall in rent payments.
Finnish textiles-to-fashion firm Marimekko has updated its guidance saying net sales will be lower for the full year while comparable operating profit could be at a similar level to last year, but might also be lower.
Raf Simons has announced plans to show his signature collections next month, when the Belgian designer will finally debut a women’s collection some two and a half decades after launching his own label.
Italian fashion entrepreneur Claudio Antonioli has acquired Antwerp-based Ann Demeulemeester. The designer, who exited her label in 2013, welcomed the news that the New Guards Group co-founder has taken control.
A decade ago, Arkadiusz Likus opened Vitkac, realizing a dream – launching Warsaw’s one and only truly fashionable department store. And he honed his game plan from a famed fashion executive, the late Yves Carcelle.
Italian luxury brand Valentino, led by new CEO Jacopo Venturini since June, is making new strategic appointments, entrusting the Americas region to Laurent Bergamo, and the Middle East to Simone Bertolini.
Fashion giant Bestseller has named Niels Christian Jung as its new Communication Manager. The journalist and documentary filmmaker will join on October 1 and will report directly to company chief Anders Holch Povlsen.
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