Business

Lanvin group reports significantly higher annual loss

The Chinese fashion group Lanvin Group Holdings Limited had to accept significant sales losses and a significantly higher loss in the 2024 financial year. This is according to the current annual report presented on Wednesday by the parent company of the Lanvin, Wolford, St. John, Sergio Rossi and Caruso brands. “2024 was a transitional year for...

2 hours ago

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Fashion

Kering bets on water positivity in sustainability pivot

In an era where the fashion industry’s sustainability rhetoric often outpaces its results, Kering, the luxury conglomerate behind Gucci, Saint Laurent and Bottega Veneta, has unveiled what it calls a “Water-Positive Strategy.” The initiative marks the latest chapter in the group’s climate response, this time addressing water scarcity and...

5 hours ago

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Amazon and Saks Fifth Avenue team up on luxury storefront

Marketplace giant Amazon has teamed up with US department store Saks Fifth Avenue on a new multi-brand storefront, featuring a curation of luxury fashion and beauty brands that will now be housed under ‘Luxury Stores at Amazon’. Through the new partnership, Amazon Fashion customers can now browse and shop a selection of women’s and men’s...

Apr 29, 2025

Retail

UNOde50 strengthens its position in the US and lands on Nordstrom's marketplace

Madrid – Spanish jewellery brand UNOde50 is accelerating its international expansion and growth plan, further strengthening its presence in the US. The US is a particularly strategic market for the brand. UNOde50 is now trying to gain traction through online channels, bringing its collections to the marketplace of the US department store chain...

Apr 29, 2025