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A Common Thread names Bode, Rodarte, Brother Vellies and Rachel Comey among first round of grant recipients

A Common Thread names Bode, Rodarte, Brother Vellies and Rachel Comey among first round of grant recipients

The CFDA and Vogue's Covid-19 relief fund announced that $2.13 million will be distributed to 44 businesses in the fund's first round.
Luxury
LDC launches 'phygital' shoppable windows in London

LDC launches 'phygital' shoppable windows in London

The independent designer concept store has unveiled several shoppable windows on London’s South Molton Street allowing independent brands to showcase their products whilst observing social distancing.
Fashion
Famed Paris store Galeries Lafayette to reopen

Famed Paris store Galeries Lafayette to reopen

Paris's famed Galeries Lafayette department store, which receives some 37 million visitors every year, will reopen this weekend after being shuttered for nearly three months by the coronavirus pandemic, it said Friday.
Luxury
Prada sees 10%+ sales rise in China, but Europe will stay slow

Prada sees 10%+ sales rise in China, but Europe will stay slow

Prada has seen a double-digit increase in comparable sales in China this month, although there's still some way to go before the company can say its China business is back to full health following the lockdown.
Fashion
Nordstrom sales plunge nearly 40% on pandemic-led store closures

Nordstrom sales plunge nearly 40% on pandemic-led store closures

Upscale department store chain Nordstrom Inc on Thursday reported a nearly 40% slump in quarterly sales, as lockdowns to contain the Covid-19 pandemic shut stores.
Luxury
Capri announces phased re-openings of Versace, Michael Kors and Jimmy Choo boutiques

Capri announces phased re-openings of Versace, Michael Kors and Jimmy Choo boutiques

Capri Holdings Limited, the luxury group that controls Versace, Michael Kors and Jimmy Choo, has announced detailed plans for a steady rollout of boutique re-openings in its extensive global network.
Luxury
Italy's Intesa Sanpaolo to boost financing for Gucci supply chain

Italy's Intesa Sanpaolo to boost financing for Gucci supply chain

Italy's biggest retail bank Intesa Sanpaolo has signed an accord with Gucci to ease financing for the small businesses that supply the Florentine luxury goods group owned by France's Kering.
Luxury
French fashion federation to host virtual haute couture season online in July in Paris

French fashion federation to host virtual haute couture season online in July in Paris

Haute couture is back on - at least digitally. The Fédération de la Haute Couture et de la Mode, the body which controls the Paris catwalk seasons, has announced that it will host a haute couture online season in July.
Luxury
Farfetch partners with Portuguese universities to develop ultimate chatbot

Farfetch partners with Portuguese universities to develop ultimate chatbot

Farfetch has launched a €2.3m project to create the next generation of chatbots in partnership with Universidade Nova de Lisboa and Instituto Superior Técnico.
Luxury
Tomorrow and Alessandro Dell’Acqua’s N21 form strategic partnership

Tomorrow and Alessandro Dell’Acqua’s N21 form strategic partnership

London-based consultancy Tomorrow has announced a “360-degree” partnership with Italian RTW brand N21. The strategic partnership will span distribution, events, strategy and a mentorship programme for emerging talent.
Luxury
Harrods Outlet to open in Westfield to thin out clearance sale crowds

Harrods Outlet to open in Westfield to thin out clearance sale crowds

Luxury department store Harrods will open a new Outlet branch in Westfield London for its clearance sale, relieving pressure on its flagship and allowing it to focus on new collections in the Knightsbridge store.
Luxury
Adidas and Allbirds race towards ultra-sustainable future in new sports shoe JV

Adidas and Allbirds race towards ultra-sustainable future in new sports shoe JV

Adidas and Allbirds are partnering “to push the boundaries of sustainability by setting out to accomplish something that has never been done before: a sports performance shoe with the lowest carbon footprint”.
Fashion
Salvatore Ferragamo rehires former CEO Michele Norsa

Salvatore Ferragamo rehires former CEO Michele Norsa

As the Ferragamo family steps down from its executive roles, the Florentine label has appointed Michele Norsa, who led the company from 2006 to 2016, as executive deputy chairman, alongside CEO Micaela le Divelec Lemmi.
Luxury
Dolce & Gabbana on DGfattoincasa; handling the lockdown; and their next runway steps

Dolce & Gabbana on DGfattoincasa; handling the lockdown; and their next runway steps

Few fashion designers have had as much impact in the past three decades as Domenico Dolce and Stefano Gabbana. With FashionNetwork.com the duo discuss DGfattoincasa; handling the lockdown and their next runway steps
Fashion
Ralph Lauren posts bigger-than-expected loss as lockdowns hammer sales

Ralph Lauren posts bigger-than-expected loss as lockdowns hammer sales

Ralph Lauren Corp posted a bigger-than-expected quarterly loss on Wednesday as stores across the world that sell its jackets, coats and Polo shirts were forced to close due to the Covid-19 pandemic.
Luxury
Hugo Boss sees recovery in third quarter at earliest

Hugo Boss sees recovery in third quarter at earliest

Hugo Boss expects a recovery in its business in the third quarter at the earliest due to store closures and consumer caution during the coronavirus pandemic, its CEO said on Wednesday.
Fashion