PARIS — LVMH Moët Hennessy Louis Vuitton said organic sales for its key fashion and leather goods division rose 9 percent in the fourth quarter, in line with market expectations, confirming a normalization of growth rates even as the world’s biggest luxury group reported record full-year revenues for 2023. In results reported after the market close on Thursday, LVMH […]
With 2024 on the horizon, it’s a good time to take stock of what will feel fresh in the new year. While there are a few trends that are likely to be left behind in 2023, many will carry over, and a few new spring ’24 trends are sure to quickly stand out. Here, a […]
There was no shortage of legal issues affecting the fashion and footwear industries in 2023. While trademark complaints made up the bulk of the legal dramas this year, other disputes involving nonpayment of services and alleged money laundering made headlines as well. From Adidas’ ongoing battle with Thom Browne to New Balance sparring with Golden Goose, FN rounds up 13 […]
This year, the footwear and retail industries welcomed a slew of new chief executives. Many are veterans of the business with strong track records for success, such as Christopher Hufnagel at Wolverine Worldwide and Doug Howe at Designer Brands Inc., as well as Liz Rodbell, who is making a big return to Hudson’s Bay. Other […]
Starting in October, France will award bonuses to encourage people to give their clothing and shoes a second chance. Announced on Wednesday, the initiative aims to promote sustainable fashion and reduce waste, cutting down on the 700,000 tons of clothes French citizens throw away each year, most of which end up in landfills. The eco-friendly project allows customers to claim 7 […]