Swiss watch industry hit by tariffs as May exports fall 9.5%
Swiss watch exports dropped by 9.5% in May, driven by a 25% plunge in US-bound…
Brazilian football star Raphinha is new face of Calvin Klein
Calvin Klein on Tuesday revealed Brazilian Raphinha as its new brand face, with the football star front and centre of the New York brand’s latest underwear campaign. Read More
Missoni remains Italian with FSI at the helm; the family bows out
FSI is increasing its stake in Missoni to 75%, while Katjes Quiet Luxury, the holding company of the Fassin and Bachmueller families, will acquire around 25% of the label. The Foundation will be led by the family. Read More
Japan’s Toray banks on biodegradable microparticles for the cosmetics market
Japanese giant Toray has unveiled a technology for producing bio-based 2-pyrrolidone, an essential precursor in the synthesis of Polyamide 4, aimed at the microparticles segment for make-up and skincare. Read More
Scotch Corner Designer Village stock exchange plans officially launched
Scotch Corner Designer Village Holdings’ stock exchange listing plans were first announced back in July and on Wednesday (4 March), the developer announced that they’re now being put into action. Read More
Finland’s Spinnova brings Sweden’s Circulose on board for its cellulosic fibre production
Spinnova, a specialist in producing cellulosic fibres from paper and cotton textiles using no harmful chemicals, is integrating Circulose, a Swedish specialist in textile chemical recycling, into its ecosystem. Read More
Gabon designer Chouchou Lazare brings traditional raffia to Paris runways
Strands of raffia dry outside in the sun at the studio of Gabonese fashion designer Chouchou Lazare, who has made a name for himself using the natural fibres to craft his award-winning garments. Read More
Centenarian Chelsea Girl and River Island founder Bernard Lewis dies
Bernard Lewis has died at the age of 100. Well known within the fashion sector but less publicity-conscious than some of the better known fashion bosses, he nonetheless was a key player in fashion retail. Read More
Hong Kong January retail sales rise 5.5% on sustained recovery momentum
Hong Kong’s retail sales in January rose 5.5% by value from a year earlier for a ninth month of gains, government data showed on Wednesday, as the momentum of economic recovery continued in the new year. Read More
Woolworths warns on Australia apparel business, invests in South Africa food unit
Woolworths Holdings Ltd. said trading in its Australian apparel business slowed sharply at the end of the first half, while stepped-up investment in its South African food division weighed on margins. Read More
Alexa Chung, Lila Moss to co-host London Vogue Vintage Sale, Berlin, New York events also happening
British Vogue has announced that The Vogue Vintage Sale presented by eBay will be back on 21 March in London, offering UK shoppers “the rare opportunity to raid rails curated by Vogue editors and friends of the brand”. Read More