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Ermenegildo Zegna Group has reported a 36.6 percent decline in its profits for the last year on the back of low demand in Greater China coupled with investments in retail expansion in growth markets such as Japan and UAE. The company said that its net profit to December 31, 2015 decreased to 45 million euros (51 million dollars) against 71 million euros (80.7 million dollars) reported in 2014.
EBITDA declined 21 percent to 146 million euros (166 million dollars) compared to 185 million euros
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Long a bastion for cheap, fast-fashion manufacturing, a new crop of designers are trying to transform the Made in Vietnam label and save the country's rich ethnic heritage in the process.
In the remote hills of Cao Bang, some 300 kilometres north of the capital Hanoi, Vietnamese designer Thao Vu is gleefully dropping swaths of hand-spun cotton into a large bucket of fermented indigo leaves. Her label, Kilomet 109, is at the forefront of Vietnam's new 'ethical fashion' movement -- an approach
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If the world hasn't realized by now, H&M is addicted to opening stores. Last year, the brand planned to open one store a day throughout the year 2016. This year, they have that same goal in mind. After their earnings report was released this morning, they have announced that their 4000th store will open this month at the Mall of India in New Delhi.
Keep in mind, this is the 4000th store across all the group's brands which include H&M, COS, & Other Stories, Monki, and Cheap Monday.
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Photographed by Yelena Yemchuk, twin sisters Odette and Lia Pavlova star in Ulla Johnson’s spring-summer 2016 campaign
New York-based fashion designer Ulla Johnson has just released her label’s spring-summer 2016 campaign. Photographed by Yelena Yemchuk (2b Management), models (and twin sisters!) Odette Pavlova and Lia Pavlova pose on the beach in the dreamy designs. From ruffle-adorned maxi dresses to fringed sweaters and smocked tops, these looks are beyond bohemian glam. / Styling by April
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Moss Bros reported improvement across business in 2015/16 with strong like-for-like sales growth and continued control over costs. Underlying profit before taxation on continuing operations was 5.9 million pounds (8.3 million dollars), compared with a profit of 4.8 million pounds (6.8 million dollars) in the previous year, representing an increase of 23.1 percent.
Commenting on the results and outlook, Brian Brick, Chief Executive Officer, said, “We continue to make strong progress in the de
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Although Francois-Henri Pinault, CEO of Kering and parent company of Gucci previously shunned the decision of several luxury fashion houses to embrace the 'see-now, buy-now' business model, the Italian fashion house has decided to make a major change to its catwalk format by merging its women's and men's shows.
Gucci to stage single show for men's and women's from 2017
The step towards mixed gender fashion shows has been gaining trajection for a number of seasons now and has just gained
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London-based Greek designer Mary Katrantzou brings her new collection (top) in Beijing for the Mercedes-Benz International Designer Exchange Program.[Photo provided to China Daily]
Audiences at China Fashion Week were recently treated to a show by rising star Mary Katrantzou. The designer talks of how she loves Chinese women's sense of style and what she is doing to tap the mainland market. Sun Yuanqing reports.
Though the China Fashion Week in Beijing has always evoked complaints about th
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A month after the unveiling of its fall runway collection, Gucci has released its pre-fall 2016 campaign against the colorful setting of a glass-domed aviary. Photographed by Glen Luchford, models Lucas Dambrod, Polina Oganicheva, Eva Minaeva, Fionnan Perkins, Lia Pavlova, Anton Toftgard, Elle Van Ravels, Nicole Atieno and Laura Melerh wear whimsical designs including printed pantsuits, pleated skirts and knit sweaters. Adding to the eclectic gathering, a backdrop of colorful blooms and large bi
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Danish fashion brand Vero Moda takes on sun-drenched style for its spring-summer 2016 campaign. Photographed on location in Palm Springs, California, by Asa Tallgard, models Laura Julie,Line Brems,Mathilde Brandi andCamilla Christensenlook like BFFs while posing outdoors.
Whether chilling on a hammock or walking on a dirt road, the girls give relaxed, vacation vibes in the desert landscape. Stylist Mathilde Storm outfits the girls in a mix of denim, worldly prints, gauzy tops and cute dresses
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Amazon has been making moves over the past few months to position itself as a force in the ready-to-wear fashion world. The Seattle-based online retail titan has already revolutionized how consumers shop and has been selling clothes for more than a decade.
In 2006, it bought the site Shopbop and snapped up online footwear go-to Zappos three years later. But its steps in recent months -- some overt and others more under-the-radar -- signal that Amazon is speeding up its foray into fashion.