Greek court rejects Folli’s injunction for creditor protection

Folli, a luxury Greek brand with a distinct peach curvy logo, has been in the spotlight after a hedge fund raised concerns over its financial statements for last year.The hedge fund, Quintessential Capital Management, said in a report last May that the company overstated the number of its outlets. It also questioned its accounting practices in Asia where the company had expanded rapidly.

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Fashion to suffer as US retail spend drops 5% in 2020

A new study from GlobalData predicts that U.S. retail spending will see one of the steepest slumps of any country in 2020, experiencing a decrease of $200 billion versus 2019. Only 10 other major markets are forecast to see deeper declines. Different sectors will have markedly different fates, though, with food, grocery and health retailers seeing sales increase as consumers move to stockpile …

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Gosha Rubchinskiy denies misconduct claims by 16-year-old

The claims started this weekend when teenager Jan Silfverling shared images of conversations he had with Rubchinskiy on Instagram and Whatsapp.The screenshots, shared on Facebook group High Fashion Talk, as well as Supreme Leaks News and Diet Prada, showed messages sent by the designer asking for photos from the 16-year-old.คำพูดจาก Read more

Lululemon is 2024’s top luxury sports brand- Genting Casino

With a staggering 134.4 million searches and an impressive social media following, including 4.8 million on Instagram, 955,700 on X, and 885,700 on TikTok, Lululemon has a perfect score in Genting Casino’s assessment. Following closely behind is Alo Yoga. Garnering 7.7 million annual searches and amassing 3.3 million Instagram followers, Alo Yoga has carved out a significant niche for itself, …

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Menswear in vogue for luxury brands with designs on growth

Big fashion houses including French conglomerates LVMH and Kering are among those hiring eye-catching designers and investing in male attire.LVMH’s Paris-based Louis Vuitton summed up the zeitgeist at the latest run of men’s fashion shows that closed last week with a collection by its new DJ-turned-designer Virgil Abloh.

This mixed casual anoraks, holster-style accessories and sleek trenc…

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LVMH vows new standards for crocodile farms

The giant French retailer said in a statement it would follow new standards for crocodile leather based on criteria “developed and validated by a committee of technical experts”.This would include “the preservation of the species and the respect of local communities” as well as animal well-being, working conditions on the farms and the protection of the environment.คำพูดจาก Read more

Applying mascara, male bloggers challenge Russia gender norms

“I feel that my work is a ‘fun’ education that helps people develop in a different way,” says Gevorg, who goes by just his first name online.He began offering tips on the internet several years ago while working in a beauty store and finding many of his female customers had a limited idea about what they could do with the products.

The silver-haired blogger keeps his audience updated with…

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Sainsbury’s rolls out returned clothing charity trial across UK

So far, the retailer has donated 65.5 tonnes of unsellable clothing returns and faulty garments to Newlife, which has built its foundation around recycling, reprocessing, and reusing clothing to support 1.1 million disabled and terminally ill children in the UK.Any of Sainsbury’s Tu Clothing ranges across its stores that are unfit for resale will be recycled or resold by Newlife “to help fu…

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Retailers accelerate shift to forest friendly fibres at COP27

The announcement by 33 brands, printers and producers coincides with COP27 climate talks taking place in Egypt until the end of this week to seek to step up ambition on curbing global warming.Fashion accounts for about 10% of all greenhouse gas emissions, World Bank figures show.

Global emissions have continued to increase even as temperatures this year reached record levels.A U.N. repo…

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The metaverse- the virtual revolution that won’t happen-

It’s symbolic: on September 27, 2023, Meta organised its MetaConnect conference, dedicated to announcements linked to the virtual universe. At Meta’s Californian headquarters, a large crowd turned out to listen to Mark Zuckerberg. But in the virtual amphitheatre broadcasting the conference in Horizon Worlds, Meta’s metaverse, only around twenty avatars squeezed in to listen to the CEO. A leader…

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