Hugo Boss has become the latest major fashion name to link its financing to green goals. The German giant — in which Frasers Group owns a large stake — has secured a syndicated loan with a sustainability component.
Alessandro Michele is set to receive the Trailblazer Award at the TikTok sponsored Fashion Awards 2021 on 29 November at London’s Royal Albert Hall. The Gucci creative director becomes the award's third recipient.
Estée Lauder had some big executive announcements this week spanning its domestic US market and Asia/Pacific. But perhaps the most interesting part of the news was the fact that it’s “elevating” its Chinese market.
Prestige beauty was battered badly by the pandemic but the segment is on the comeback trail as shoppers return to physical stores and the renewal of social life/office working means more demand for key categories.
The brand led by Mary-Kate and Ashley Olsen has expanded into fragrances with the launch of its first scent collection, in the form of three oils created in collaboration with L’Oeil du Vert’s Haley Alexander van Oosten.
In collaboration with British perfume brand Jo Malone, the Inditex-owned label has extended and enhanced its range of cosmetics and perfumes, dropping eight new fragrances inspired by some of the world’s major cities.
H1 results at Burberry showed it making “strong progress”, with full-price sales surging and higher margins. Outerwear and leather did well and it's expanding its new store concept rollout as it boosts customer spend.