Swarovski decided to cut down over 6000 jobs in the group
Swarovski decided to cut down over 6000 jobs in the group. CEO Robert Buchbauer plans to focus on higher line jewelry.
Longchamp starts its sustainability plan with NEOLINE
In partnership with NEOLINE, Longchamp is committed to reduce 50% of transportation containers on its transatlantic shipping.
Vans released new collection
In collaboration with digital content design studio JJJJound for the second time, the Vault by Vans Style 37 will be reworked.
Ray-Ban launched the first smart glasses
Ray-Ban teamed up with Facebook, launched the first smart glasses, Ray-Ban’s Stories.
Snoop Dogg is the new brand ambassador of G-star Raw
American rapper Snoop Dogg became the new brand ambassador for Dutch denim brand G-star Raw.
Celine takes 2021 as recovery year
It estimates that 2021 can be the year of recovery for Celine since the brand caught the attention in crucial Chinese market and its popularity is on the rise.
Saint Laurent reported a loss in revenues
Kering group reported a decrease on Saint Laurent’s revenue by 14.9% in 2020.
LVMH owns the majority of Off-White's stakes
French luxury conglomerate LVMH bought 60% stakes of Virgil Abloh’s Off-White.
Reebok will be sold to Authentic Brands Group
Adidas announced that the group will sell Reebok to Authentic Brands Group (ABG) with a price up to EUR 2.1 billion.
Fenty Beauty constitutes the majority of Rihanna's values
Fenty Beauty is sold in over 1600 stores across 17 countries. It is estimated that 82.3% of Rihanna’s value which is nearly USD1.4bn, coming from Fenty Beauty.
The North Face became a PR attack target
The North Face became a PR attack target after rejecting selling jackets to an oil and gas related company.
Loewe held a newspaper show
Loewe presented a full-size newspaper with 64 pages called “A Show in the News” since the brand is unable to hold the planned FW21 show.
La Prairie reported a loss in revenues
Luxury skincare brand La Prairie was hit by covid-19, its parent company Beiersdorf reported 3.6% of 2020 Q1 sales.
Isabel Marant collaborates with Safilo
Isabel Marant teamed up with Italian eyewear manufacturer Safilo to present its first eyewear line.
Clinique's parent company was fined over its false claim
Estée Lauder Group was fined RMB400K over a false claim of Clinique’s fresh pressed daily booster.