COS is launching a new 15-piece collection activewear brand which will be sustainable. https://fashionbi.com/insights/marketing-research/circular-economy-in-fashioncos
Department store chain Neiman Marcus has filed for bankruptcy protection due to the ongoing COVID-19 outbreak.Neiman-marcus
Giorgio Armani's next haute couture show to be in Milan
Usually a part of the Paris Haute Couture week, Giorgio Armani is planning on doing his next Armani Privé show in Milan.https://fashionbi.com/insights/marketing-research/challenging-the-fashion-calendargiorgio-armani
Mango
Mango will donate 1% of physical store sales to WHO
Spanish fast fashion Mango announced that it will donate 1% of its physical store sales to the World Health Organization’s anti-coronavirus fund to support medical institutions fighting the virus. The plan will last for two month...
On May 7, Milan time, after five years of operation, Prada permanently closed its only store in South Africa. The store is located in a luxury retail area on Diamond Boulevard in Sandton City Mall and covers 8611 square feet. The...
Victoria’s Secret and its parent company L Brands Inc. are suing the landlord of their flagship store in New York City’s Herald Square, arguing that the coronavirus pandemic has rendered it “impossible” to continue paying almost ...
Shanghai Tang
Shanghai Tang launches charity campaign
Shanghai Tang has partnered with Hong Kong non-profit organization Lifelong Animal Protection Charity (LAP) to launch a campaign ‘Catch me if you can’ helping abandoned cats.
7 For All Mankind Joins BCI, Sets Measurable Sustainabili...
7 For All Mankind unveiled “Sustainable For All Mankind,” a new platform that provides transparency into its sustainability practices and lays out the company’s sustainability goals.
Affected by La Prairie, Beiersdorf’s first-quarter consum...
Group Chief Financial Officer Dessi Temperley stated that La Prairie’s sales decline and lower gross profit personal care product sales growth will have a double impact on earnings.The group management said at the performance mee...
Dior has launched a digital “pop-up” for customers in UAE
Brands are using digital platforms in new ways. Dior has launched a digital “pop-up” for customers in UAE just in time for Ramadan celebrations – a temporary online boutique with a new capsule collection. https://fashionbi.com/in...
Due to the decrease in Chinese customers, La Prairie sale...
Baiersdorf said that La Prairie about one quarter of Lambert's business comes from the travel channel, and the main customer of this channel is Chinese. The global travel ban under the pandemic has severely damaged the channel.
Milan, Paris and London have all announced a complete dig...
After cancellations of the usual menswear shows in June during fashion week, Milan, Paris and London have all announced that the cities will organize a complete digital fashion week in July.
La Prairie
Beiersdorf's first-quarter earnings data revealed that La...
German cosmetics care group Beiersdorf's first-quarter financial data revealed that its sales fell 3.6% year-on-year to 1.91 billion euros, and its high-end skin care brand La Prairie was the hardest hit, with sales falling 36%