Luxury Promise opens Europe’s largest pre-owned department store in London. Officially opened by the Mayor of London, Sadiq Khan, Luxury Promise is celebrating its graduation from the Walpole Brands of Tomorrow 2022 programme by launching Europe’s largest pre-owned department store in the heart of London’s Mayfair. As the company prepares to graduate from the Walpole … Read more
Capri Holdings Appoints Cedric Wilmotte CEO of Michael Kors. Capri Holdings Limited, a global fashion luxury group, announced that Mr. Cedric Wilmotte is appointed Chief Executive Officer of the Michael Kors brand effective April 3, 2023. Wilmotte recently served as the interim Chief Executive Officer for Versace from January through September 2022 and is currently … Read more
Inter Parfums, Inc. Reports Record 2022 Second Quarter Net Sales. Increases 2022 Guidance to $1 Billion in Net Sales and EPS To $3.25. Inter Parfums, Inc. announced that for the three months ended June 30, 2022, net sales rose to $244.7 million, up 18% from $207.6 million from the second quarter of 2021. Jean Madar, … Read more
Jonathan Akeroyd to Leave Versace at End of March 2022. Multinational fashion holding company Capri Holdings Limited, the owner of Versace, Michale Kors and Jimmy Choo, announced that Jonathan Akeroyd will be stepping down as Chief Executive Officer of Versace to pursue another opportunity that will enable him to return to the United Kingdom … Read more
Although the industries of technology and fashion are dominated by men at C-suite level, women are flourishing in the crossover area known as fashtech
We’ve all heard stories about the Coronavirus pandemic, many of us may have even experienced this horrible virus, but you may not realize that luxury retail brands around the world are doing their part to help in the fight against it. LVMH has started producing hand sanitizer, Chanel’s factories are making face masks, … Read more