Flash News

Ray-Ban launched the first smart glasses

Ray-Ban teamed up with Facebook, launched the first smart glasses, Ray-Ban’s Stories.

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.

Longchamp starts its sustainability plan with NEOLINE

In partnership with NEOLINE, Longchamp is committed to reduce 50% of transportation containers on its transatlantic shipping.

Mar Fernández has become the new chief digital officer of...

Mar Fernández has been appointed by Portuguese accessories company Parfois as their new chief digital officer.

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.

Chanel invested a huge amount to recover from pandemic

Luxury maison Chanel reported 41.4% of revenue loss and still invested USD1.1billion to recover during the pandemic.

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.

Heron Preston has become the new creative director of Cal...

Heron Preston announced that he was hired as the new creative director of Calvin Klein and will bring the new collection.

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.

Patagonia reported a loss in first half 2021

Patagonia reported 8.8% of loss to USD 8.475 thousands in first half 2021 compared to the same period in 2020.

Lacoste's E-commerce sales reached USD193.9million

In 2020, Lacoste reported a total E-commerce sales with USD193.9million.

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.

Victoria's Secret's market share has decreased

According to NPD group, Victoria’s Secret’s market share has decreased from 35 percent to 20 percent in the past 7 years due to the shift of consumer’s preference.

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.