OTB, the holding company of Italian fashion billionaire Renzo Rosso, quadrupled its Earnings Before Interest and Tax (EBIT) to €21.5 million in 2017. Though total group revenue slid 2.4 percent over the same 12 months.
Stella McCartney is continuing her work to promote environmental awareness and has linked with The RealReal luxury consignment firm for a campaign “to bring greater awareness to the circular economy for luxury fashion.”
Dolce & Gabbana presented its Alta Moda and Alta Sartoria collections at Mexico's Museo Soumaya on Wednesday, paying tribute to the country's culture, influencers, Frida Kahlo and the Virgen de Guadalupe.
The MoMu (ModeMuseum in Antwerp), the curators behind the 'Margiela: the Hermès Years' exhibition - currently on display at the MAD in Paris - will close its doors for two years, remaining active during this time.
50m is the name of a new experimental London concept store that’s aiming to shake up the young designer fashion market in the city with a co-operative approach that will also include social and mentoring elements.