Furla is reorganizing its management, confiding the role of president to current CEO Alberto Camerlengo, who will be replaced as chief executive by Mauro Sabatini, previously head of leather goods manufacturer Effeuno.
British retail sales have suffered their most widespread annual drop since May this month, according to a survey published on Tuesday which suggests that the latest lockdown is taking a heavy toll on many shops.
At Tricker's, a 192 year-old maker of English luxury shoes beloved by Prince Charles,, relief at averting a no-deal Brexit quickly turned to dismay at the new price of doing business with the European Union.
Paris fashion weeks shows often don’t only take place in Paris anymore. Due to the pandemic, entire seasons now take place online, and many “phygital” shows actually take place in other countries, or even continents.
French luxury goods group LVMH reported a 3% drop in comparable sales for the fourth quarter, as a boom in revenues at its big fashion brands like Louis Vuitton offset a weak performance at its duty free shops.
Some consumers are finding it hard to stay at home. It seems footfall across all UK retail destinations rose last week, despite lockdown restrictions and the onset of winter weather in many parts of the country.