LONDON — Yoox plans to close its China web site on Feb. 28 as parent Compagnie Financière Richemont looks to consolidate its online offer in the luxury space, via Net-a-porter and Mr Porter. In China, the focus will be on luxury and on Fengmao, a joint venture between Richemont and Alibaba. Net-a-porter opened its flagship […]
More experiences are coming to Rodeo Drive. Gucci is set to open a restaurant on the famed shopping thoroughfare in spring 2020, WWD has learned. It will be the second restaurant opened by the Kering-owned luxury giant and the first outside of Italy. In January 2018, Gucci Garden opened in Florence with a boutique, exhibition […]
HONG KONG — Beauty group L’Occitane International SA reported net sales of 727 million euros for the first half of fiscal 2020 ended Sept. 30, a 22.1 percent increase over 2019. Net profit rose 351.6 percent, to 25.2 million euros compared with 5.6 million euros in 2019. At a press conference on Monday, chief financial […]
Gitano is celebrating its sixth birthday this December with the unveiling of its third location. Opening in time for Art Basel Miami, Gitano at Casa Faena has brought its signature approach to the food and beverage program at the 40-room boutique hotel, located within the Faena district. Gitano chief executive officer James Gardner, who started […]
MILAN — It took rising star Hero Fiennes Tiffin touching down in Milan for less than 48 hours to bring a ray of sun to the rainy city, although the British actor declined all meteorological credits quipping: “I most certainly didn’t bring it from London.” Wearing an azure suit, white shirt and sneakers all courtesy […]