Hermes is considered by analysts to be the fastest and most solidly growing luxury brand and in the last financial year it recorded double-digit increases that involved all categories and all markets. The real news is the recovery of the…
Condemned by fashion? Now, after moments of glory, the clothes of the stylists but also accessories and more... are brought back to a model of life and style that is changing constantly. But what has really changed?
The two-day event entitled "Leading Re-Generation" will take place at the Cini Foundation in Venice, curated by Sistema Moda Italia, The European House - Ambrosetti and Confindustria Veneto Est - Metropolitan Area Venice Padua Rovigo Treviso
The fascination of Vintage Fashion continues, increasingly preferred by people who believe it to be the true status symbol of luxury, thus fueling a real rise of "archive fashion". A successful example is the auction of the collection of an icon…
Sotheby's reveals the last seven secrets of this legendary accessory that will be exhibited to the public as part of a new exhibition: Excellence à la Française. An event that supports some of the finest examples of the French Maison's artistic production of the last millennium
The company, controlled by the Permira fund, a producer of shoes that have become iconic, is experimenting with a new format with a Shoemaking and Tailoring department. It will be replicated in New York and Dubai. CEO Silvio Campara: the listing process has not…
While the big luxury brands will have to face future challenges by increasingly adopting technology to engage consumers, the competition from fast fashion is introducing new, more aggressive and faster sales formulas.
Stefano Cantino is set to take the reins of Gucci as its new CEO from January 1, 2025, succeeding Jean-François Palus at a crucial time for the brand, which saw revenue decline 18% in the first…
The third edition of the Venice Sustainable Fashion Forum was presented at the headquarters of Sistema Moda Italia: the presentation of the Summit dedicated to the sustainable transition of the fashion supply chain, which will be held on 24 and 25 October at the Cini Foundation on the island…
Moncler's rally, along with Chinese news, has dragged all fashion stocks up after months of decline. Banks are also doing well. Stellantis bounces back
The waltzing around for the coveted seats of the fashion houses continues. Last on the list is John Galantic, formerly of Chanel, appointed as the new CEO of Tod's, while Diego and Andrea Della Valle remain respectively president and vice president
The Ellen MacArthur Foundation Award recognizes circular economy models to transform the fashion sector. Renzo Rosso: “I believe in a circular business model that gives value back to the community: this is sustainability”
After more than 40 years at the helm of the maison, Alberta Ferretti says she is ready to "open the way to a new creative chapter". The name of her successor will be announced in the coming weeks, she remains vice president of Aeffe
Milan Fashion Week kicks off with less glamour than usual and without some big names, such as Giorgio Armani and Tom Ford. This echoes a broader crisis in the luxury world, where the Chinese market falters, exchange rates…
The fashion musical chairs continue: the British designer, known for Kate Middleton's wedding dress, will lead the creative direction of Givenchy immediately and will present her first collection for Fall/Winter 2025 in March during the Paris…
The new version of A&F is a hit, with revenues growing double-digits across all global regions. Earnings are up 95%, and guidance for the full year 2024 is improved. The stock may have seen profit-taking after…
Saatchi Gallery hosts “Beyond Fashion” as its flagship exhibition for the 2024 summer season. Exhibiting the work of acclaimed fashion photographers from around the world. Open until 8 September 2024
A slowdown had already been recorded in the second half of 2023 but in this first half of 2024 the situation seems to have worsened with 75% of companies recording declines in turnover. And there are those who have recorded contractions exceeding 20%
The report drawn up by Intesa Sanpaolo and Prometeia on the analysis of industrial sectors: cosmetics grows thanks to exports, while the fashion system and durable goods suffer. Pharmaceuticals and food remain more stable thanks to exports
According to the Antitrust, the companies would have emphasized the craftsmanship and excellence of the workmanship, but would have made use of laboratories that employ underpaid workers operating in insufficient health and safety conditions
Italian menswear closed 2023 with a turnover of +4,7% (11,9 billion), equal to 18,5% of the textile-clothing supply chain. Exports increasing by +13,0% in the first two months of 2024
The 2024 members' meeting of Sistema Moda Italia (Federation that represents, in Confindustria, the Textile-Clothing-Fashion industry) was held at Palazzo Mezzanotte in Milan. The topics addressed were rapidly changing geopolitical scenarios and the future of relations within…
Golden Goode sneakers ready to debut on the stock exchange. The identified range corresponds to a market capitalization between 1,69 and 1,86 billion euros
The 106th edition of Pitti Immagine Uomo, the event dedicated to menswear for the spring-summer season, kicks off today. 790 brands were present, 44% of which were foreign
Fourth son of the tycoon Bernard Arnault, he was already CEO of the Group's watch division. He therefore continues the generational transition of the Arnault family at the top of LVMH
Chanel surprises everyone and announces the farewell of Virginie Viard after 30 years spent in the maison, 5 of which as creative director. No news on the successor, but the market is betting on two names
The Group is the first among the members of the Aura Blockchain Consortium to provide customers with a digital certificate of authenticity for all the products of its luxury brands, with full integration within its production processes of…
The Chinese e-commerce giant Shein is ready to debut on the London Stock Exchange with a 60 billion euro IPO, the largest in recent years. The operation marks a crucial step for the fast fashion giant and represents…
Given the forecast that seemed to outline the Textile-Clothing turnover at 64,4 billion euros, therefore growing by +3,0% compared to the previous year, the latest indications gathered point to a more contained end of the year, with a hypothetical turnover…
During his speech during Altagamma Day 2024, the president and founder of OTB highlighted the importance of training, integration between the supply chain and large companies and listening to young people for the future of Made in Italy
If a turnover of 5,57 billion is estimated for the Swiss furniture market in 2028, in Canada we were the only exporter with sales growing by +12,3% in 2023, of which 95% in the non-luxury sector
The Otb Group organized a meeting with Professor Crepet to reflect on personal growth and the importance of family relationships in the business community. An opportunity to delve deeper into topics such as effective communication, emotional education and work-life balance…
The son of Diesel's owner, Renzo Rosso, takes over from Barbara Calò. Objective: to accelerate the growth of the brand in the luxury market and reach an even wider audience
Meta's expenses for AI, the disappointing GDP of the US first quarter and inflation are weighing on Wall Street: in cascade, the American data are reflected in the European stock markets which close lower, except for London driven by the maxi offer for…
The Italian supply chain built over the last twenty years could stop due to the lack of European rules. Not only that: the sector is also threatened by organized crime
A workshop marks the commitment of Sistema Moda Italia and CY4GATE for the cybersecurity of the textile-clothing sector and is an important step for the creation of a safe and reliable digital ecosystem, for the benefit of companies and consumers
Luxury in turmoil. After Alessandro Michele's move to Valentino, Stefano Cantino leaves Louis Vuitton and becomes number two at Gucci, in charge since May 2
The exhibition “From the Heart to the Hands: Dolce&Gabbana” opens in Palazzo Reale, as a world premiere, dedicated to the unmistakable creations of Domenico Dolce and Stefano Gabbana, scheduled from 7 April to 31 July 2024
Judicial administration for Giorgio Armani Operations, controlled by Giorgio Armani Spa. The accusation of the Milan judges: "Products made by exploited Chinese and with exhausting shifts. System that has been going on for 7 years". The company's response: "We have always carried out…
Kering bought an 8th century building in via Monte Napoleone XNUMX in Milan from Blackstone. It is the highest transaction carried out in Italy for a single real estate asset
The list is led by the president himself and CEO Diego Della Valle. In second place is Maria D'Agata, in third Andrea Della Valle, current vice president
The former creative director of Gucci will join Valentino from April 2nd. The maison: "It's the beginning of a new journey." Alessandro Michele: "Immense joy and enormous responsibility"
The Group led by Renzo Rosso strengthens its production chain with the acquisition of Calzaturificio Stephen, a historic manufacturer of high-end footwear. The operation is part of the group's expansion strategy and its commitment to enhancing the excellence of Made…
One resignation after another in the fashion world. What's going on? Perhaps the rhythms of finance, after stock market listings, do not mesh well with those of the catwalk seasons. It is certainly a change of pace
Clothing is a strong sector of the European economy. Discarded clothes, however, cause pollution. EU rules are expected and France gives the first strong signal
After the long ride, the stock markets in both America and Europe take a break. Only London shines. Turmoil in the fashion sector after the twists and turns of Kering, LVMH and Valentino. The spread goes back up
Valentino and Pierpaolo Piccioli separate: with an unexpected announcement, the maison which is now owned by Mayhoola for investments and its creative director announce the decision to interrupt the collaboration. Piccioli's words: "Some stories live…
The training course for young talents of the third edition of the Staff International School of Professions has concluded - the fourth edition is coming
Upon opening the envelopes containing the various offers, Favrin was awarded 80% of the shares. for 32,01 million euros only 10 thousand euros more than the offer of Mi which is headed by Andrea Donà delle Rose, son of Italia Marzotto
Sistema Moda Italia, a Federation belonging to Confindustria, one of the largest organizations representing textile and fashion industrialists, today represents a sector of 372.600 employees with 41.380 companies
From the sparks of the 90s to the collapse and accusations of 10 years ago, up to the new rise: in the last year Abercrombie tripled its share price and closed with its best performance since it was…
Milan Fashion Week opens with a busy calendar of fashion shows and events dedicated to the autumn/winter 2024-2025 women's collections. A mini-guide to prepare for the most anticipated event in fashion
The growth of direct channels, with the opening of new stores, and the success in Asia, especially in China and Japan, have contributed to the positive performance of the group founded by Renzo Rosso. IPO from 2025 based on the market
Granddaughter of the Greek jeweler Sotirios Bulgari, founder of the famous fashion house on Via Condotti in Rome, she died at the age of 93: she was also a great sportswoman and sailing enthusiast
The structure will be located in Sala Baganza and will be dedicated to the production of luxury footwear and leather goods. Three hundred people employed. Opening expected by 2026
A third of companies expect organic investments to support growth and M&A activities in 2024. The high range holds the majority of production and is preferred by foreigners
Irregular Chinese factories used. The famous bags with geographical maps were produced by underpaid Chinese and in terrible environmental conditions. The company was deemed incapable of preventing and combating labor exploitation in its production cycle
According to rumours, there would have been a meeting between Miuccia Prada, her son Lorenzo Bertelli and the representatives of the English fund linked to the Wertheimer family which would have put around 6,5 billion euros on the table. But for analysts it is…
The global luxury sector is experiencing an excellent moment, with a turnover that has reached record growth peaks in the fiscal year 2022. The Deloitte report (Global of Luxury Goods 2023) indicates 23 Italian companies in the Top 100
The two events will open the events of the sector, which grew in 2023, but with uncertainties ahead in 2024. Capasa, president of the National Chamber of Italian Fashion, asks the government for greater attention
The recognition was awarded by MonteNapoleone District and the Italian Embassy in Beijing for the important contribution of OTB with its brands Diesel, Maison Margiela, Marni and others, to the valorization of Made in Italy in China
The Calzedonia group now employs 44.000 people around the world in very different brands. In the Pambianco LeQuotabili23 ranking, here are all the companies that could go public in the next 3-5 years
Trip to one of the historic Venetian weaving mills, the Tessitura Luigi Bevilacqua. Ancient looms from the 700th century, the same ones still in use today, create masterpieces in velvet and silk for interior design projects and for "Couture" fashion. Interview with Alberto Bevilacqua,…
By 2026, demand for labor in the sector will reach a potential of over 31 thousand workers per year. Excelsior Unioncamere data presented during the third edition of the Fashion Talent Days
With this operation, the group controlled by NB Renaissance and active in the production of fabrics and services for high fashion expands its offer in interior design
Boosting Transition is the title of the second edition of the Venice Sustainable Fashion Forum, underway at the Cini Foundation in Venice from 26 to 27 October. From the responsibility of the producer to that of the consumer
After the abandonment of crops in the 60s, cotton returns to being a made in Italy production - Coldiretti: "Italian cotton is of excellent quality, with prices of 140 euros per quintal"
Announcing the initiative, which will bring together the main stakeholders of the Fashion & Luxury supply chain, are Sergio Tamborini, President of Sistema Moda Italia, Flavio Sciuccati, Senior Partner & Director Global Fashion Unit The European House - Ambrosetti, Andrea Favaretto Rubelli, Vice President of the Group…
According to the quarterly report on Intesa Sanpaolo's industrial districts, exports recorded a setback in the period April-June 2023 - France is the largest market for exports (+7,4%), declines for Germany and the USA
Looking ahead to the Olympics from 2024, the Museum of Decorative Arts in Paris presents, from 20 September 2023 to 7 April 2024, “Fashion and sport, from one podium to another” an exhibition that explores the fascinating connections that unite fashion and…
The partnership, which began in 2015, between the two companies continues. However, Apple says goodbye to the use of leather for its accessories. The straps of the French fashion house will now be made with more ecological materials, such as mesh, rubber and mesh
The Italian luxury group has created a campaign to give voice to the small and medium-sized artisan companies in its supply chain - The Minister of Business and Made in Italy Adolfo Urso took part in the event
Between 9 and 21 September the companies in the sector will open their stands and from 19 to 25 September the models will parade to present the Spring/Summer 2024 Women's Fashion. 3.500 brands will bring them together, 10% more than…
According to Intesa Sanpaolo's district monitor, in the first quarter of 2023, Piedmontese exports amounted to 3,1 billion euros. Fashion, mechanics and agro-food stand out. Bad aerospace
Tapestry Inc, former owner of the Coach, Kate Spade and Stuart Weitzman brands has reached an agreement for the purchase of Capri Holdings, the high fashion group that controls the Versace, Jimmy Choo and Michael Kors brands. The new company achieves a turnover…
Mayhoola, the Qatari company will continue to hold the majority of the historic Italian maison, but Kering will meanwhile have its own representation on the board and then take over control
After yesterday's fall due to doubts about Lvmh, the stock is in fifth place after the half-year which showed a strong increase in revenues (+24%) to 1,13 billion euros
After eight years Bizzarri surprisingly leaves the role of CEO of the Maison. Full powers to Francesca Bellettini. Jean-François Palus becomes president and CEO of Gucci for a transitional period. Gavazza new CEO of Tom Ford Fashion
The Swedish fashion giant is ready to enter the Brazilian market. H&M aims to accelerate its growth in the North and South American regions, with a particular focus on Latin America
Companies are not finding the skills they are looking for and will struggle to replace retiring workers in the long run. Confindustria Moda prepares training activities to help bridge the mismatch
The competitiveness of the Piedmont district areas was once again confirmed thanks to the presence of high quality and innovative productions. Only the hazelnut district suffers due to climatic events
Inaugurated Diva, the first exhibition of its kind to celebrate the extraordinary power and creativity of iconic artists who have made their voices heard from the 7th century to today. Until April 2024, XNUMX at the Victoria and Albert Museum,…