Fashion news and fashion jobs

Ferragamo revenue down 9.4 percent amidst challenging market conditions

Salvatore Ferragamo reported revenue of 474 million euros down 9.4 percent compared to the first half of 2024, and down 7.1 percent at constant exchange rates, for the first six months of the year. Overall revenue was impacted by the wholesale channel, which reported revenue of 105 million euros, down 17.9 percent or down 14 percent at constant...

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Licensing showdown: PVH and G-III feud escalates over high-stakes legal clash

Tensions between PVH and G-III are escalating. The latest twist in the ongoing dispute between the two US fashion giants: PVH is countersuitng and has filed a motion to dismiss G-III’s lawsuit, doubling down on its insistence that it did not breach a contract, as its disgruntled partner had initially claimed. While hostility between the duo has...

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Ubaldo Minelli appointed CEO of Jil Sander

Upon the announcement that Serge Brunschwig, the chief executive officer of Jil Sander, was stepping down, the German brand has named Ubaldo Minelli, chief executive officer of Jil Sander's parent company OTB Group, as his successor. This marks a return to the helm of the brand for Minelli, who had served at the helm of Jil Sander in 2021,...

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Next rescues Seraphine from administration, upgrades full year profit guidance

Next is continuing its acquisition spree. The British retail giant has bought maternity brand Seraphine out of administration and, as a result, 95 employees have been made redundant. The deal, valued at 600,000 pounds, includes certain assets of the Seraphine business, including the brand and intellectual property. Next said it intends to “...