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Jeff Lotman unveils Fred Segal's plans for 2023
Almost four years after the acquisition of Fred Segal by entrepreneur Jeff Lotman, founder of Global Icons, FashionnNetwork.com talks to the executive about the major challenges of 2023 and the brand's expansion.
Fashion
Chateau Orlando: Luke Edward Hall does optimistic fashion
Leave it to Pitti to herald a fresh luxury concept, in this case Chateau Orlando; an unusual hybrid brand where fashion meets décor and design, and the brainchild of Luke Edward Hall.
Fashion
Next beats festive season expectations, but FY23 sales and profits will dip
It’s always encouraging when a closely-watched trading update starts with a line like “sales in the Christmas period have been better than we anticipated”. And so it was with Next on Thursday.
Fashion
Boy Smells: From candles to perfumes, a success story
Founded in 2016, Boy Smells is the brainchild of Los Angeles-based duo Matthew Herman and David Kien, two profiles who came from the fashion industry. FashionNetwork.com met the duo to understand their success story.
Beauty
H&M Q4 sales beat forecasts, but meaningful growth is elusive
The world's second-biggest fashion retailer has reported headline sales for the latest quarter up 10% year on year, which slightly beat analysts’ expectations of a 9.5% rise in the three months to November.
Fashion
Pepco Group powers ahead, continues to outperform wider market
The year to September was one of “continued strong strategic progress” driving profitable growth for the Pepco, Poundland and Dealz owner. Sales and profit soared as shoppers across Europe focused on low prices.
Fashion
La Double J arrives in New York for dual holiday events
The colorful and lively Milanese brand arrives in Manhattan for a party and café takeover with its typical festive flare.
Luxury
New York City chef Maureen Cavalieri expands oeuvre to curated sustainably minded gift boxes
After a career cooking for celebrities, this Manhattan chef is adding another outlet for her creativity: eco-conscious gift-giving.
Fashion
Zuckerberg says WhatsApp business chat will drive sales sooner than metaverse
Meta Platforms Chief Executive Mark Zuckerberg told employees that WhatsApp and Messenger would drive the company's next wave of sales growth, as he sought to assuage concerns about Meta after its first mass layoffs.
Fashion
M&S sales growth continues, but it warns of tough year to come
M&S’s half-year results on Wednesday showed that the recovering retail giant continues to make progress as it reported higher sales for the half to 1 October.
Fashion
Instagram looking into issues after user complaints
Meta Platforms Inc's Instagram said on Monday it was looking into an issue preventing thousands of its users from accessing the photo-sharing application.
Fashion
Affluent splash out on pricey Birkin bags but clouds loom
Brushing off higher prices, affluent spenders are continuing to splash out on luxuries including $10,000 handbags and high-end perfumes, trading updates from Hermes, Kering, and L'Oreal showed on Thursday.
Luxury
& Other Stories, Arket to open Stockholm stores
Sweden’s H&M Group continues to open new stores around the world but for its latest two, it’s looking much closer to home. & Other Stories and Arket are both set to open new locations in Sweden’s capital, Stockholm.
Fashion
Hermès sales stay strong, prices set to rise
French luxury group Hermès said on Thursday that it enjoyed a strong Q3 with sales up 32.5%. Sales reached €3.136 billion in the three months to the end of September, with strong growth in all its business lines.
Luxury
M&S to close more large stores, plan will hit clothing retail space
M&S had more news this week with it planning to close a quarter of its biggest stores that sell clothing and homewares earlier than previously forecast. Its expansion plans will see a focus on 100+ new food shops.
Fashion
Ungaro expands into leather goods with La Compagnia delle Pelli
The luxury house is launching a line of bags with Italian manufacturer La Compagnia delle Pelli, which will manage production and global distribution. Licensing agreements have also been signed for a homeware line.
Luxury