Flash News

Chanel reported 18% decrease of total revenue in 2020

French fashion maison Chanel reported $10.1 billion of total revenue in 2020, which is down 18% compared to 2019.

Unif confronted with Chinese netizens over one-China prin...

US based brand Unif angered Chinese consumers by listing HK and Tai wan as independent countries in the post pandemic period.

Lacoste teams up with Ellen MacArthur Foundation

In order to keep going with the circular economy and further support the sustainable idea in textile industry, Lacoste becomes a member of Ellen MacArthur Foundation.

Dove will remove the word "normal" from all its advertisi...

To further support Positive Beauty vision and strategy, personal care brand Dove claims to eliminate the word "normal" from campaign and packagings.

Balenciaga declared Fur-free

After a few years of consideration, Kering owned fashion house Balenciaga has finally confirmed Fur-free.

Wella supports the gender equity in professional beauty

one of the world’s leading beauty companies Wella started a campaign that aiming for supporting women working in beauty industry.

Yves Saint Laurent sales momentum picked up in North Amer...

Yves Saint Laurent Q1-21revenue of €516.7 million, up 18.9% as reported and 23.4% on a comparable basis.

Vans

Vans parent company VF share their FY21 report

Vans parent company VF FY21 report shows that achieved global revenues of $9.2 billion,including the contribution from Supreme® in the fourth quarter.

Innisfree

Innisfree entered the European market through Sephora

Innisfree holding company AmorePacific Q1-21 report shows that revenue increased by 10.8%, Operating profit up 189.2%.

Ermenegildo Zegna

The Ermenegildo Zegna Group will be listed on the New Yor...

IIAC signed a definitive aggregation agreement with the Ermenegildo Zegna Group through a combination of shares and cash financing.The transaction is expected to generate approximately 880 million dollars in gross proceeds.

Etro

L Catterton agreed to buy a 60% stake in Etro

LVMH backed fund--L Catterton to buy 60% of Etro label, the deal values Etro at about 500 million euros

Celine

Celine had great success with the creations of Hedi Slimane

Celine strong recovery in the last quarter, supported by Asian clientele.

Aesop

Aesop Asia sales grew by a remarkable 67%

Aesop Q1-21 report form Nature &Co showing Aesop net revenue grew by an exceptional +71.9% in BRL, driven by online sales growth of 102%VS.

Maybelline

Maybelline holding company L'Oreal First Quarter 2021 sal...

Maybelline holding company L'Oreal Q1-21 report shows ended of 31 march 2021, amounted to 7.61 billion euros, an increase of 5.4%

Sephora

Sephora performed well during the first haf of 2021

Revenue for the Selective Retailing business group was up 12% ended June 30, 2021.Sephora will open 200 new locations in the second half of 2021 through its partnership with Kohl’s department stores, and in China.

Swarovski

Swarovski, Tiffany & Co join in The Coloured Gemstones Wo...

The CGWC was a platform which is developed by sustainability consulting firm TDI Sustainability together, with many Jewellery and gemstone brands such as Swarovski, Tiffany & Co, Kering, Chopard, Richemont,LVMH join in.