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Business

Tiffany Q3 profit misses on slow Americas, Hong Kong demand

Tiffany Q3 profit misses on slow Americas, Hong Kong demand

Luxury jeweler Tiffany & Co, which is being bought by France's LVMH, missed market expectations for quarterly profit and sales on Thursday, hit by lower spending by foreign tourists in the United States and Hong Kong.
today
Jewellery
Business
Moncler plays down possible Kering tie-up amid luxury merger wave

Moncler plays down possible Kering tie-up amid luxury merger wave

The chief executive and top shareholder of Moncler played down speculation around a takeover by Gucci-owner Kering on Thursday, saying the two firms sometimes talked but that there was no deal in the works.
today
Ready-to-wear
Business

Quiz shares fall, owner rules out privatisation

Shares in Quiz dived by more than 10% on Wednesday as investors digested the partywear brand’s weak half-year report, but founder and CEO Tarak Ramzan vowed not to delist the chain.
today
Ready-to-wear
Business

Boohoo founders cash in to tune of £140m on high share price

The founders of Boohoo have pocketed £142.5 million after selling a chunk of their shares to take advantage of the company's market gains over the last year. After the placing, they continue to own 15.8% of the business.
today
Ready-to-wear
Business

Design

Aubade collaborates with Chinese artist Hong Wai on exclusive lingerie collection

Aubade collaborates with Chinese artist Hong Wai on exclusive lingerie collection

Following its Viktor & Rolf collaboration, lingerie brand Aubade will continue to infuse its collections with external inspiration and launch a line designed by specialist in Chinese ink illustrations Hong Wai in 2020. 
today
Lingerie
Design
Pantone picks Classic Blue as key shade for 2020

Pantone picks Classic Blue as key shade for 2020

Pantone has announced its Color of the Year for 2020 and has selected Pantone 19-4502 Classic Blue as the shade that should drive sales and interest next year.
today
Miscellaneous
Design

Fenty hires Amina Muaddi to design footwear

Muaddi’s own footwear designs are a combination of classic and cool -- from feather and jewel-adorned slings to iridescent latex thigh-highs -- and her shoes have been seen on Rihanna both in public and on Instagram.
today
Footwear
Design

Kao develops ultra-fine spray-on facemask

Japanese cosmetics company Kao on Wednesday unveiled what it said was the world's first spray-on skin, a moisturising facemask made of fibres one-100th the thickness of a human hair.
today
Cosmetics
Design

Appointments

Rochas and Alessandro Dell'Acqua part ways

Rochas and Alessandro Dell'Acqua part ways

The contract between the Interparfums-owned brand and the Italian designer, who has led its women's ready-to-wear collections since 2013, will not be extended, FashionNetwork.com has learned. 
today
Ready-to-wear
Appointments
J.C. Penney names Karl Walsh as senior VP, chief digital officer

J.C. Penney names Karl Walsh as senior VP, chief digital officer

Walsh comes to the role with over 18 years of e-commerce experience, most recently serving as chief digital officer at Pandora Jewelry.
today
Miscellaneous
Industry

Founder of Native brand to exit P&G

Moiz Ali, founder and chief executive officer of natural deodorant brand Native, will step down from his role, effective Jan 31, 2020. 
today
Miscellaneous
Appointments

Alphabet's new CEO Pichai now sole target on Google regulatory battles

Alphabet Inc's new chief executive, Sundar Pichai, will have the hot seat all to himself as regulators around the world investigate the company, U.S.
today
Miscellaneous
Industry

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