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Giorgio Armani slows in FY2024 with 6% revenue decline

Translated by Nazia BIBI KEENOO Published July 2, 2025 Even Giorgio Armani has felt the effects of the global slowdown in fashion and luxury sales. In FY2024, the Armani Group reported consolidated net revenues of €2.3 billion, down 5% year-over-year at constant exchange rates and 6% at current exchange rates. Revenues from the direct retail […]

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Staging activations, winning new friends, CEO Guillaume Meyzenq outlines the strategy

Salomon went a full-court press in Paris this just finished menswear season this week, with a fresh pop‑up, product unveilings and breakfasts – cool activations designed to reach new eyeballs and win new friends. A look from Salomon’s Spring/Summer 2025 campaign featuring the XT-6 silhouette, styled with branded socks and bold urban layers. – Courtesy

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Retro 90s raves inspire new Pretty Green x Kappa collection launch

British menswear brand Pretty Green and Italian sportswear brand Kappa have launched their first collaboration with a limited-edition capsule collection. Inspired by the “style and spirit of the 1990s, from bold silhouettes to the rebellious attitude that defined the era”, the two brands celebrated a shared history that “brings together the UK’s musical heritage and

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Source Fashion releases debate line-up, looks at ethical AI, decoupling profit from volume, sustainable luxury

Responsible sourcing show Source Fashion has released the presentation line-up for its Debates Stage platform from 8-10 July at Olympia, London. Source Fashion Promising to deliver ‘Provocative Conversations’, the “bold and unfiltered platform” aims to tackle “fashion’s mosturgent challenges and exploring the ideas shaping its future”. Headliners include Jade McSorley, head of Knowledge Exchange (Sustainability)

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Moda Management Global links with REPT to secure fashion deals for top female footballers

As the Women’s European championship come into full focus in Switzerland this week, international fashion-linked agency Moda Management Global has formed a strategic partnership with REPT, the sports management agency representing some of the world’s top female footballers. Moda Management founders Faye Browne & Lauren Clinton Using its expertise in the fashion industry, Moda will

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Arc’teryx to debut in Manchester, will be first UK store outside London

Next stop Manchester for Arc’teryx’s continued expansion in Europe. The Canadian high-performance outerwear and equipment retailer opens its first brand store in the city on New Cathedral Street on 10 July, becoming its fourth in the UK. Arc’teryx Spanning 6,100 sq ft across two floors, the store offers an “immersive experience”, featuring Arc’teryx’s core assortment,

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John Lewis retail media unit lets brands run campaigns beyond its own websites

Partner brands linked to the John Lewis Partnership (JLP) can now run advertising campaigns beyond the retail giant’s websites, including streaming services and consumer sites. Following the launch of its onsite retail media platform across its own website in 2023, JLP has now partnered with global data and technology firm Epsilon to extend its offsite

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Mango boosts AI offer with new Mango Stylist personalisation tool

Mango has dived deeper into artificial intelligence with Mango Stylist, its new AI-powered fashion assistant. It’s part of the retailer’s aim to boost personalisation of the online shopping experience. Mango The “pioneering conversational tool” recommends products “according to the user’s tastes, provides styling inspiration, and shows the latest fashion trends,” we’re told. It’s available for

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Rituals now opening at Highcross in Leicester next week

Luxury beauty/wellbeing brand Rituals is set to open its latest new UK store at the Highcross mall on 9 July. The 1,100 sq ft space will offer Leicester shoppers an immersive experience into Rituals’ signature range of luxurious bath, body, and home products, “designed to inspire moments of mindfulness and self-care in everyday life”. The

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