Salvatore Ferragamo S.p.A. has reported revenues of 317 million euros (355 million dollars), up 4.3 percent both at current and constant exchange rates in the first quarter of 2019. The profit before taxes amounted to 15 million euros (16.8 million dollars, up 5.1 percent, with an incidence on revenues […]

Five organizations have published a joint manifesto calling on EU policymakers to establish tools for a circular fashion system, namely Euratex (European Apparel and Textile Confederation), Federation of the European Sporting Goods Industry (FESI), Global Fashion Agenda (GFA), International Apparel […]

The fashion industry is under enormous pressure to take steps to stem the environmental damage caused by it. Tonnes of used and discarded clothes, shoes and accessories end up in landfills, however, with innovative and creative methods, about 95 percent of this waste could be salvaged, recycled and […]

For the first quarter of 2019, Iconix Brand Group’s total revenue was 35.9 million dollars, a 26 percent decline as compared to the prior year first quarter. The company said, such decline was expected, principally as a result of the transition of Danskin and Mossimo direct to retail licenses in the […]

For its fourth quarter, Ralph Lauren Corporation reported earnings per diluted share of 39 cents on a reported basis and 1.07 dollars on an adjusted basis, compared to 50 cents on a reported and 90 cents on an adjusted basis, for the same quarter of 2018. For Fiscal 2019, the company said, earnings […]

Global sustainability initiative Fashion for Good, in collaboration with global professional service provider Accenture Strategy, has launched a new report today that for the first time explores the financial viability of circular business models in the fashion industry. “The Future of Circular Fashion: […]

French luxury conglomerate LVMH has announced a partnership with Unesco’s “Man and Biosphere” (MAB) intergovernmental scientific program, which aims to preserve biodiversity around the world by supporting innovative approaches towards economic development. The program operates works closely with 686 […]

Safilo Group and David Beckham have announced a global ten-year agreement for the eponymous license for sunglasses and prescription glasses. Safilo said that he first David Beckham eyewear collection will launch in January 2020. “Safilo has a long history of creating high quality eyewear brands. I wear […]

American maternity brand Hatch, which has been worn by Meghan Markle, Jessica Alba and Olivia Wilde, has secured 5 million US dollars in Series A funding. The investment round was led by Silas Capital, with participation from M3 Ventures. Billed as a destination and lifestyle brand for women before, […]

PVH Corp, the company behind Calvin Klein and Tommy Hilfiger, has announced a new set of corporate responsibility goals ahead of the Copenhagen Fashion Summit, where CEO Emanuel Chirico is expected to provide more details. Named ‘Forward Fashion’, the new targets are based on three focus areas: reducing […]

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