France’s competition regulator, the Autorité de la concurrence, has imposed a substantial fine of 91,600,000 euros on Rolex France, along with Rolex Holding SA, the Hans Wilsdorf Foundation, and Rolex SA. The penalty is in response to industry referrals and subsequent investigations from Rolex’s prolonged prohibition – exceeding a decade – to prevent its retailers … Read more
Three years ago, Singapore-based Canadian designer Brandy Dallas founded emerging contemporary label Sans Faff to address sustainable, well-made basics amid a sea of “fast fashion haunts,” she told WWD. The brand has since gained a cult following in Singapore (where it is stocked at a handful of multi-label boutiques) for its original bamboo foundational layers … Read more
Hilfiger Ventures, co-founded by fashion designer Tommy Hilfiger and Joe Lamastra, is teaming up with global free-to-play game publisher Tilting Point to launch an interactive mobile fashion game using the latest artificial intelligence technology. Developed by Miami-based Brandible, FashionVerse converges fashion and gaming and originated from an idea from Hilfiger himself. He wanted to scale … Read more
GUCCI‘S UNICEF DONATION: Gucci is committing 300,000 euros to UNICEF’s education thematic fund on behalf of creative director Sabato De Sarno and its employees. The goal is to support UNICEF’s education programs to ensure that every child has the fundamental right to quality education, focusing on the world’s most vulnerable communities. In a statement, Gucci … Read more
Frasers Group has acquired the luxury online fashion retailer Matches for 52 million pounds (66 million dollars). The sale represents a significant loss for Apax Partners, which purchased the business in 2017 during a bidding war when its valuation stood at 800 million dollars. While the exact financial details of Apex Partners’ acquisition of Matchesfashion.com … Read more
TOMMY’S NEW GAME: A new fashion game is coming to mobile devices near you. Tommy Hilfiger and Joe Lamastra’s Hilfiger Ventures, an investment vehicle, has teamed with Tilting Point for FashionVerse, an interactive fashion game that will launch on mobile devices in January. The game can be accessed on iOS and Android devices, as well … Read more
When the world was housebound during the pandemic, all things digital stepped to the fore. Not a week went by without a fashion brand launching a digital activation, aiming to build communities in the ether via augmented reality, virtual reality, or any other Web3 application, all to appeal to our avatars and seek revenue via … Read more
Nicolas Ghesquière, who staged his first destination show for Louis Vuitton‘s pre-fall collection earlier this year in Seoul, will head to Shanghai next spring, WWD has learned. The event is scheduled for April 18 at the Long Museum West Bund, whose imposing, futuristic architecture is of the ilk Ghesquière treasures for his fashion spectacles. It … Read more
What it is: If you cast your mind back to 2002, you will recall that this was the year in which the now iconic footwear Crocs was born. Since then, the shoe style has only grown in popularity, expanding on a massive scale to become one of the most well-known shoe brands today. What began … Read more
PARIS — “That’s it, I’m taking a holiday.” After 28 years, 80-something collections, more than 10,000 designs and his first retrospective, Andrew Gn is bidding the fashion world au-revoir, he told WWD exclusively. “It is a very long time and I think that I’m at the really high point of my career, having done a … Read more
