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SMCP appoints new leaders for Fursac and Claudie Pierlot

Translated by Nazia BIBI KEENOO Published August 1, 2025 “Now that we have the wind in our sails, we can afford to put the right teams in the right places.” With Sandro and Maje delivering solid organic growth in the first half of 2025 (+3.7% and +2.9%, respectively), SMCP CEO Isabelle Guichot is now turning […]

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Armani faces $4m fine over unfair commercial practices

By Reuters Published August 1, 2025 Italy’s antitrust regulator has fined fashion group Giorgio Armani and one of its subsidiaries €3.5 million ($4 million) for unfair commercial practices, it announced on Friday. Italy sanctions Armani for misleading sustainability messaging. – Reuters The Giorgio Armani group has rejected the accusation and confirmed it will appeal the

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Milan women’s fashion week reveals a packed lineup for September

Translated by Nazia BIBI KEENOO Published August 1, 2025 As the Spring/Summer 2026 women’s ready-to-wear season shifts from Paris to Milan, anticipation is building for one of the most exciting fashion weeks in recent years. The Milan calendar, running from September 23 to 29, is packed with momentum: 12 new names are joining the schedule,

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Amazon shares decline despite strong Q2 revenue performance

By Reuters Published August 1, 2025 Amazon shares fell more than 7% on Friday in European trading after the company posted second-quarter results that exceeded analysts’ revenue expectations but disappointed investors with slower growth in its cloud division, Amazon Web Services (AWS), and a cautious profit outlook. Profit outlook dims Amazon rally after Q2 beat

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Salvatore Ferragamo reports H1 sales drop 9.4% after wholesale decline

By AFP Translated by Nazia BIBI KEENOO Published August 1, 2025 Italian luxury brand Salvatore Ferragamo reported a 9.4% drop in first-half revenue to €474 million ($545.1 million) on Thursday, citing wholesale channel challenges and soft global demand. Ferragamo – Fall-Winter 2025 – 2026 – Womenswear – Italy – Milan – ©Launchmetrics/spotlight The group recorded

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Watches of Switzerland hit by Trump’s new 39% Swiss import tariff

By Bloomberg Published August 1, 2025 Shares of Watches of Switzerland Group Plc fell as much as 6% after U.S. President Donald Trump announced a 39% tariff on imports from Switzerland — one of the steepest rates introduced so far in the escalating trade war. Watches of Switzerland shares drop on trade war escalation –

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Harvey Nichols kicks off makeover with colourful new vision for flagship’s ground floor

This autumn will see London luxury department store Harvey Nichols unveiling the first stage of its transformation with the launch of a reimagined ground floor retail experience at the Knightsbridge flagship.  Harvey Nichols The company said the renewed space “marks a significant evolution for the brand, introducing a bold direction that blends fine and designer

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Kurt Geiger moves from London to the slopes for AW25 campaign

Kurt Geiger has taken an interesting approach to its just-launched AW25 campaign. It has combined summer sun with winter snow for a campaign that puts the focus on its bags and boots. And it has again enlisted supermodel Emily Ratajkowski to add an extra edge to the imagery. Kurt Geiger The campaign is “set against

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UK retail sales weak in July, but online booms, especially fashion – BDO

Physical store sales in discretionary categories were up just 0.8% last month although online sales rose a healthy 8.3% year on year, the latest High Street Sales Tracker from accountancy and business advisory firm BDO showed on Friday. Asos And total like-for-like retail sales (combining in-store and online) grew by just 2.8% in July, compared

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Columbia Sportswear sales rise 6% on international sales, wholesale revenues

Columbia Sportswear announced on Thursday sales rose 6 percent to $605.2 million in the second quarter, with the U.S. outdoorwear brand logging growth in most of its international markets, offset by underlying weakness in the U.S. Columbia The Portland, Oregon-based company said U.S. sales fell 2 percent to $335.1 million, offset by a 26 percent sales increase

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