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EU fines Gucci, Chloé and Loewe millions for violating competition rules

Brussels, Belgium – The European Union announced on Tuesday that it had imposed fines totalling 157 million euros on luxury firms Gucci, Chloé and Loewe for breaching competition rules. The sanctions follow surprise raids conducted in April 2023 and an antitrust investigation by the European Commission in July 2024. The EU's executive arm...

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Fashion |Opinion

Big names, little impact: When debuts fluctuate between hype and insignificance

Designer debuts were once a novelty, imbuing fashion weeks with a sense of excitement and newness that only the possibility of a brand’s shapeshifting identity could conjure. Nowadays, however, no fashion week goes by without at least a handful of debuts. And while they should be exciting, their sheer abundance – coupled with the fact that some...

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