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Business

H&M Group sales rise in Q2, but pandemic restrictions are still an issue

H&M Group sales rise in Q2, but pandemic restrictions are still an issue

​H&M Group’s net sales rose as much as 75% in local currencies during Q2 (the March to May period), although given the strengthening Swedish Krona, its revenues translated into ‘only’ a 62% rise on a total basis.
Fashion
Business
Boohoo sales surge in Q1, but some markets are challenged

Boohoo sales surge in Q1, but some markets are challenged

Boohoo’s trading update on Tuesday showed that the pureplay e-tailer continued to prosper in Q1, even after UK physical stores reopened in April, although there were challenges in some markets and margins were squeezed.
Fashion
Business

Unilever to acquire Paula's Choice skincare

Global home products giant Unilever announced on Monday an agreement to acquire digital-led skincare brand Paula’s Choice from TA Associates.
Beauty
Business

Valentino results dragged down by pandemic

The health crisis had a strong negative impact on the results of the Italian brand, which posted a net loss of 127 million euros in 2020, compared to earnings of 33 million euros in the previous year.
Fashion
Business

Design

Ahluwalia wins BFC/GQ menswear prize on day Mulberry collab launches

Ahluwalia wins BFC/GQ menswear prize on day Mulberry collab launches

It’s big day for Priya Ahluwalia. Not only has her collaboration with Mulberry just launched, but on Monday, it was revealed that she’s the winner of the 2021 BFC/GQ Designer Menswear Fund.
Luxury
Design
​Jihee Ahn is 2021 Cordwainers Footwear Awards winner

​Jihee Ahn is 2021 Cordwainers Footwear Awards winner

​Jihee Ahn is The Cordwainers Footwear Awards 2021 winner. The De Montfort University student beat Kamile Peleckyte and Reuben Crabbe, both from the London College of Fashion, who were placed second and third.
Fashion
Design

London Fashion Week opens with Bethany Williams, Auroboros, Qasimi and eco-responsibility

An almost entirely digital London Fashion Week opened Saturday with humanitarian and eco-responsible visions, best exemplified by Bethany Williams, the socially engaged designer who has long used recycled garments.
Fashion
Catwalks

Matty Bovan wins both 2021 International Woolmark Prizes; as support group opens new space in La Caserne

Matty Bovan has won both the 2021 International Woolmark Prizes, in a special virtual event this year, the merino wool industry support group announced Thursday.
Fashion
Design

Appointments

NBA All-Star James Harden joins Saks board

NBA All-Star James Harden joins Saks board

Luxury e-commerce company Saks announced on Monday the appointment of NBA All-Star, entrepreneur and investor, James Harden, as an independent member of its board. 
Luxury
Appointments
​Gee joins Grosvenor Group, set to become chair of its Britain & Ireland board

​Gee joins Grosvenor Group, set to become chair of its Britain & Ireland board

Grosvenor Group has appointed Melanie Gee, initially as a non-executive director, with a view to her becoming chair of the Grosvenor Britain & Ireland (GBI) board. She is set to succeed Jonathon Bond from September.
Fashion
Appointments

Nikki Wolff joins KVD Beauty as global director of artistry

Tattoo-inspired vegan beauty brand, KVD Beauty, founded as Kat Von D Beauty, announced on Thursday British makeup artist Nikki Wolff, as its new global director of artistry. 
Beauty
Appointments

Ex-Tapestry CEO joins Moose Knuckles as investor, executive chairman

Canada's Moose Knuckles announced on Wednesday the appointment of Victor Luis, the former CEO of Tapestry, as executive chairman, as he makes a significant investment in the company. 
Luxury
Appointments

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