Business

The top metaverse-based fashion events of 2022, and if they are returning next year

This year saw an overabundance of digital and metaverse-based events designed to both inform on and accelerate the adoption of digitalisation in the fashion industry and beyond. While some took to already established virtual world platforms, others developed their own world to display exhibits, digital designs or presentations that also came in...

Dec 9, 2022

Management

Lululemon Q3 revenue up 28 percent, ups FY outlook

Athletic apparel brand Lululemon has upped its full-year guidance after posting a 28 percent increase in revenue in the third quarter of the year. The US-Canadian company made revenue of 1.86 billion dollars in the period, up from 1.45 billion dollars a year earlier. Comparable store sales were up 14 percent, or 17 percent on a constant dollar...

Dec 9, 2022

Management

Christian Dior SE names Antoine Arnault as CEO

French fashion house Christian Dior SE has confirmed its board of directors has named Antoine Arnault as chief executive officer of Christian Dior SE and vice-chairman of the board of directors. Antoine Arnault, the eldest son of Bernard Arnault, chairman and chief executive at LVMH, will replace Sidney Toledano, who has decided to leave his...

Dec 9, 2022

News

The Fashion Trust U.S. selects board of advisers

The Fashion Trust U.S., the non-profit initiative to support and nurture emerging design talent, has selected an advisory board for the inaugural Fashion Trust U.S. Awards 2023. The initiative will provide mentorship and funding to US-based designers to help them build their label into a “thriving global brand”. The advisory board of “leading...

Dec 9, 2022

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