Agenda-setting intelligence, analysis and advice for the global fashion community.
"On Thursday, Alexander Wang will face his baptism by fire. America's Wonderkind, whose streetwise-meets-couture aesthetic has made him a fashion star in New York at age 29, is bringing his Asian background, his Californian school years and his New York fashion energy to the storied house of Balenciaga."
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The Franco-Italian eyewear maker reported a 15% rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Kering’s reported organic growth for the first time in three years. Gucci’s second-quarter sales remained in negative territory, but declined less than expected.
This week’s round-up of global markets fashion business news also features the Ghanaian textile sector, Russian e-tailer Wildberries and the record fine incurred by Chinese marketplace AliExpress.
