Hammerson is continuing to enjoy the surge in new retail store openings. The property owner and manager of Victoria Leeds has welcomed another arrival for its flagship destination, creative eyewear specialist Cubitts.
The French group has acquired the 49% stake held by Italian glasses maker Marcolin in Thélios, the joint venture founded by the two companies in 2017, thereby taking complete control of its eyewear operations.
Valentino has switched eyewear partners in a deal with Akoni Group for the design, manufacture and worldwide distribution of its eyewear after previously working with Luxottica in a partnership that has ended early.
The New York eyewear brand has moved its head office to 94 Orchard Street, in Manhattan's Lower East Side, also home to a flagship store and optician's lab, and is planning another two openings in December.
Nordstrom Inc said labor costs pinched its quarterly profit and warned of product shortages at its off-price stores heading into the holiday season, sending its shares down 23% in extended trading on Tuesday.
Following its IPO in August, the digital-first eyewear retailer has reported net revenue of $137.4 million for the third quarter, an increase of 32.0% compared to $104.1 million in the same period in the previous year.
F. Scott Fitzgerald’s adage that there are 'no second acts in American public life' is also a warning to fashion designers not to re-invent themselves in a second career. Martin Margiela's art show ignores that advice.
The Kering luxury group announced Wednesday evening that Daniel Lee has abruptly quit his position as creative director of Bottega Veneta after just three years at the helm. No successor has been named.
Luxe eyewear giant Safilo saw its business in the US recovering in Q3 and Europe being on the road to recovery, both regions offsetting a weaker Asian market and the loss of some key licences (such as Dior and Fendi).
While most people didn’t know what an NFT was just a little while ago, the tech is making its way into the fashion sector and Luxottica’s Ray-Ban brand has launched the first NFT (Non-Fungible Token) glasses in history.