It’s been about three weeks since Sucré Couture, the jewellery label launched by Kimberly Jefferson in 2011, was added to the 15 Percent Pledge’s directory …
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Kering Acquires 30 Percent Stake in Valentino
French group Kering will acquire 30 percent of Rome-based Valentino as part of a broader partnership with Qatari investment fund Mayhoola, the company said Thursday. …
Richemont Shares Drop 7 Percent as US Revenue Declines
Richemont shares declined after the Swiss luxury-goods maker reported an unexpected decline in sales from the Americas, raising concern over how weak the US market …
Highsnobiety Lays Off 10 Percent of its Staff
German streetwear and youth culture media platform Highsnobiety announced the layoffs of 24 employees last week, about 10 percent of its workforce, people close to …
Asos Sales Fall 14 Percent in Latest Quarter as Firm Prioritises Profit
British online fashion retailer Asos on Thursday reported a 14 percent drop in quarterly revenue but said its new strategy was starting to work as …
E.l.f. Reports 48 Percent Increase in Net Sales For Fiscal Year 2023
On Thursday, E.l.f. announced its fourth-quarter and fiscal year earnings for 2023; reporting a 48 percent increase in year-end net sales to $578.8 million. Total …
Prada’s Q1 Revenues Jump 22 Percent, Surpassing €1 Billion
Prada reported a strong rebound in Asia and shook off fears of a US slowdown. Share This Article
Brazilian Beauty Giant Natura Proposes 32 Percent Cut to Management Pay
Brazilian cosmetics maker Natura & Co is seeking to cut executive pay by 32 percent as part of an overhaul aimed at restoring investor trust. …
Kering’s Emissions Increased 12 Percent in 2022
Last week, the French luxury group set a target to nearly halve its greenhouse gas emissions by 2035, for the first time setting absolute targets …
Olaplex Expects Net Sales to Fall 15 Percent in 2023
The hits keep coming for Olaplex. In an earnings call Tuesday, the hair care company announced it expects full year 2023 revenue between $563 million …
Lanvin Group Reports 38 Percent Revenue Increase in 2022
Lanvin Group reported on Friday unaudited annual revenue of €425 million ($454.5 million) for 2022, a 38 percent increase year-over-year. It marks the first time …
2023 Fifteen Percent Pledge Gala2023 Fifteen Percent Pledge Gala
The 2023 Fifteen Percent Pledge Gala was held at the New York Public Library on Saturday (February 4), where the dress code was #BlackTieBlackDesigner. I …
Uniqlo Owner Gives Japan Inc a Jolt With 40 Percent Wage Hike
Uniqlo parent Fast Retailing Co Ltd on Wednesday said it would raise wages by as much as 40 percent in a high-profile sign that Japan’s …
JD Sports Lifts Outlook After 20 Percent Christmas Revenue Growth
JD Sports expects young shoppers not yet saddled with household bills to defy the economic gloom and keep buying Nike trainers and other sportswear, after …
Everlane Slashes 17 Percent of Corporate Workforce
The DTC basics brand announced internally on Wednesday that it will cut staff to help improve profitability by the end of the year amid rising …
American Eagle Is Offering Up to 50 Percent Off For One More Day
Scroll To See More Images If you purchase an independently reviewed product or service through a link on our website, STYLECASTER may receive an affiliate …
Bombas Black Friday Sale Is Offering 25 Percent Off Sitewide
Scroll To See More Images If you purchase an independently reviewed product or service through a link on our website, STYLECASTER may receive an affiliate …
Mytheresa Revenues up 11.4 Percent in Q1
The value of goods sold on the luxury e-commerce platform rose 20.8 percent year-on-year in the first quarter, ending Sept. 30, to €197.9 million ($199.4 …
One Year Later, the 15 Percent Pledge Raises Its Ambitions
The 15 Percent Pledge’s newest signatory, Nordstrom, is a big get for the organisation. It’s not just the company’s size, though with over $10 billion …
Rolex Hikes Watch Prices by 5 Percent in UK as Sterling Slides
Rolex raised prices for its watches in the UK after the value of the pound fell against the US dollar to near the lowest level in …