French luxury goods group Kering agreed to pay almost 187 million euros ($207 million) to settle a dispute with Italian tax authorities centred on its fashion brand Bottega Veneta, three sources said on Friday.
If any sector in fashion has enjoyed a global boom it is outerwear, from the ginormous success of Moncler to millions of ubiquitous puffers. However, few marques have married performance with polish as well as Mackage.
The Italian label continues to explore the metaverse, this time by teaming up with 10KTF, the virtual accessories store of mysterious digital artisan Wagmi-san, specialised in personalising existing NFTs.
Capri Holdings on Monday named Alexander McQueen chief Emmanuel Gintzburger as the new CEO at Versace, effective this September. On the same day, Kering named Gianfilippo Testa as CEO of McQueen, talking over in May.
To paraphrase Tolstoy’s famed opening line, sustainable companies are all alike, but anti-sustainable companies are very different in their own way. Like Karl Lagerfeld, where sustainability reflects a family approach.