Flash News

Celine takes 2021 as recovery year

It estimates that 2021 can be the year of recovery for Celine since the brand caught the attention in crucial Chinese market and its popularity is on the rise.

Kiehl's launched new limited collection

In order to celebrate its 170th birthday, Kiehl’s launched two limited-edition skincare collection in April.

Swarovski decided to cut down over 6000 jobs in the group

Swarovski decided to cut down over 6000 jobs in the group. CEO Robert Buchbauer plans to focus on higher line jewelry.

Diesel live-streamed the first collection by Glenn Martens

Diesel live streamed the first collection by Glenn Martens, former collaborator of Jean-Paul Gaultier,after having him on board.

Victoria's Secret's market share has decreased

According to NPD group, Victoria’s Secret’s market share has decreased from 35 percent to 20 percent in the past 7 years due to the shift of consumer’s preference.

Clinique's parent company was fined over its false claim

Estée Lauder Group was fined RMB400K over a false claim of Clinique’s fresh pressed daily booster.

Patagonia reported a loss in first half 2021

Patagonia reported 8.8% of loss to USD 8.475 thousands in first half 2021 compared to the same period in 2020.

Heron Preston has become the new creative director of Cal...

Heron Preston announced that he was hired as the new creative director of Calvin Klein and will bring the new collection.

Max Mara faced an accusation in Shanghai

Max Mara was accused over the facial recognition camera that has been set up inside the store in Shanghai.

Isabel Marant collaborates with Safilo

Isabel Marant teamed up with Italian eyewear manufacturer Safilo to present its first eyewear line.

Chanel invested a huge amount to recover from pandemic

Luxury maison Chanel reported 41.4% of revenue loss and still invested USD1.1billion to recover during the pandemic.

Mar Fernández has become the new chief digital officer of...

Mar Fernández has been appointed by Portuguese accessories company Parfois as their new chief digital officer.

Givenchy responded the previous scandal

Matthew Williams, creative director of Givenchy, claimed that the previous Beyoncé’s braided style was a homage to Cho.

Suitsupply reported a huge loss in revenues

Due to the covid crisis, Dutch brand Suitsupply reported 39% of loss to 205 million euros, and in 2021 Q1, the sales reached only 55% of 2019 level.

Longchamp starts its sustainability plan with NEOLINE

In partnership with NEOLINE, Longchamp is committed to reduce 50% of transportation containers on its transatlantic shipping.

Allen Solly will expand its distribution

Allen Solly from Aditya Birla Fashion and Retail Ltd. is planning to expand its market to 3rd tier and 4th tier city.