Luxury
A growing mode Capri will announce second quarter results in a month
The global fashion luxury group, owner of brands Michael Kors, Jimmy Choo and Versace, will disclose the results for the second quarter of the fiscal year 2022 on the 3rd of November
New members added to Ferragamo's Board of Directors
The Board of Directors of the Florence-based luxury group has appointed by co-optation Frédéric Biousse and Annalisa Loustau Elia as Independent Directors
LVMH plans to recruit 25 000 young people by the end of 2022
The luxury group is launching several initiatives to provide access to training and employment for young people, under the age of 30, from all backgrounds
Saadia Group to acquire Aquatalia
The US multicategory product manufacturing, wholesaling, distribution and retailing company has agreed to acquire the assets of the Italian footwear and accessories brand. Aquatalia becomes the first luxury label in Saadia's portfolio
Burberry appoints new Chief Digital and Analytics Officer
CP Duggal has been appointed Chief Digital and Analytics Officer, effective from the 30th of September onwards. He will be responsible for driving Burberry’s digital agenda and leveraging data and analytics to support the company’s strategic ambitions
Farfetch publishes the 2020 ESG report
It is the first report published since the announcement of Farfetch’s 2030 sustainability goals, built on its Positively Farfetch strategy. The document highlights the environmental, social and governance initiatives taken so far, and its progress so far
Hermès opens its 19th leather workshop
The Maroquinerie de Guyenne, located in the village of Saint-Vincent-de-Paul, in the French department of Gironde, will at length create 260 jobs. The new facility is part of Hermès strategy of strengthening its role as a socially responsible company
Hermès opens apprenticeship training centre
The École Hermès des savoir-faire, now open within the leather workshop of Fitilieu, welcomes applicants from all backgrounds who aspire to develop their craftsmanship in leather work. The course is accredited by the French National Education authority
Centenário: 80 years dedicated to the footwear industry
The history of Centenário begins in 1941 when Camilo Ferreira had the idea of opening a shoe factory. His dream of making quality footwear made him ride his bike up and down the hill, every day, for 15 years, to join his team
Changes to the Board of Directors of Richemont
In advance to its upcoming annual general meeting due to be held on the 8th of September 2021, Richemont has announced changes to its Board of Directors
Burberry reports growth acceleration
The luxury group announced comparable store sales with a strong rebound in the first quarter, rising by 90% in comparison to last year. Retail revenue reached 479 million British pounds (566 million euros)
Kering reports strong sales growth
The French-based luxury group announced results for the first half of 2021. Revenue for the period exceeded the levels recorded in 2019, indicating a strong rebound for the Kering group
Steve Madden with 178.6% increase in revenue
The New York-based designer and marketer of footwear, accessories and apparel for women, men and children announced financial results for the second quarter ended on the 30th of June 2021
Ferragamo's revenue up by 44.1%
The increase in revenue has been achieved despite the permanence, in some countries, of lockdowns and bans driven by COVID-19. On the 30th of June 2021, Ferragamo was operating with 53% of retail stores at full capacity
LVMH to buy majority stake in Off-White
The international luxury group announced the acquisition of 60% of shares of Off-White LLC, owner of the Off-White brand-
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