Paul Smith and luxury eyewear specialist Cutler and Gross have announced an extension of their relationship with their one-off collaboration that was unveiled this spring having turned into a three-year partnership.
Moscot, the 103-year-old New York optical institution, has opened in the Marais district of Paris, the latest expansion by the brand favoured by Johnny Depp, Andy Warhol, Truman Capote, Lady Gaga and Demi Moore.
EssilorLuxottica, the spectacles company formed by the merger of Essilor and Italy’s Luxottica, said its search for a new chief executive would start next year as planned, dismissing rumours about a power struggle.
Geox, the techy Italian footwear giant, and Dragon, the Formula E team owned by media investor Jay Penske, have signed a strategic long-term agreement that will result in the race car changing its name.
A report has suggested Arcadia is looking to close around a third of its 500 leased UK stores, joining the wave of UK retailers trying to downsize their store estate as online shopping continues to soar.