Adidas announced that the group will sell Reebok to Authentic Brands Group (ABG) with a price up to EUR 2.1 billion.
LVMH owns the majority of Off-White's stakes
French luxury conglomerate LVMH bought 60% stakes of Virgil Abloh’s Off-White.
Saint Laurent reported a loss in revenues
Kering group reported a decrease on Saint Laurent’s revenue by 14.9% in 2020.
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.
New Balance
TINA.org Files FTC complaint New Balance for deceptive ma...
According to the latest investigation by consumer advocacy organization truthinadvertising.org(TINA.org), new balance is deceptively marketing some of its athletic shoes as"made in the USA"
stella-mccartney will keep focussed on sustainbale line a...
Stella McCartney Stella shared 3 range is created with sustainable materials, it will made the "first-ever" vegan iteration of adidas classic sneakers; and the artists in the collaboration is slow fashion designer Ed Curtis, Tom ...
Superme contribution to VF's results included $145.7 mill...
Superme contribution to VF's results included $145.7 million in sales ended in April-June 2021, and VF Corp expects Superme to contribute $600 million in revenue in coming year.
Givenchy
Givenchy focus on accessories and shoes design
Givenchy makes a convincing case of the return to office life with a pair of new commuter-friendly bags, designed by Matthew M Williams