Agenda-setting intelligence, analysis and advice for the global fashion community.
"Mrs Herrera, as she is widely known, both as a function of respect for her age – 73 – and because she has the kind of old-fashioned manners that seem to demand it, has built an empire on this attitude: on wanting to share with others the glossy exterior of her own way of life, which is wealthy, cultured, international, discreet and largely embodied by herself."
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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.
