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Boots Riley's 'I Love Boosters': A critical look at luxury fashion and shoplifting

The film set to steal the spotlight from the ever-popular The Devil Wears Prada 2 will debut in the US on May 22. The 105-minute film, titled I Love Boosters (professional shoplifters), stars Oscar-nominated Demi Moore. The actress plays a prominent fashion figure targeted by the Velvet Gang, a band of shoplifters who steal from luxury stores...

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Retail

World Retail Congress: Fashion retail between an AI boost, consumer pressure and a new desire for connection

At the World Retail Congress (WRC), a look at current developments in fashion retail – between artificial intelligence (AI) and consumer pressure – revealed that the rules of the game are noticeably shifting. The decisive factor is how companies react and what priorities they derive from this. Before discussions on the WRC stages this week...

Culture|In pictures

Demna Gvasalia deconstructs Gucci's history in new exhibition

Demna Gvasalia is rewriting Gucci's history in a “museum of museums”. As part of a new exhibition, the creative director of the Florentine brand tells the house's story not as a linear chronicle, but as a multifaceted reinterpretation blending the present and memory. With the “Gucci Storia” exhibition at Palazzo Gucci, he is creating a “museum...

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Aeffe: chief financial officer Rocco Bennici resigns

Yesterday, in a statement, Aeffe spa, the luxury company listed on the Euronext Milan market of the Italian Stock Exchange, announced that Rocco Bennici, chief financial officer, head of financial reporting and investor relations, has resigned. His resignation is effective from June 9, 2026, to pursue a new professional opportunity. Aeffe owns...

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Business

Recently acquired footwear retailer André prepares for "a future expansion phase"

Paris, France – Footwear retailer André, acquired in January, is preparing for a "future expansion phase", according to a court ruling seen by AFP. This decision comes despite a challenging consumer environment and the erosion of its workforce and store portfolio over the years. According to the takeover bid, André was placed into receivership...

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Adolfo Domínguez closes 2025 with an 80.58 percent profit increase

Madrid – Spanish fashion multinational Adolfo Domínguez has reported its results for the close of its 2025 fiscal year. The period, which ended on February 28, 2026, saw the company complete the year on a positive note for both sales and turnover. The company is currently celebrating its 50th anniversary. According to the data presented by the...

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BasicNet: turnover up 35 percent in first quarter

Consolidated turnover for BasicNet (K-Way, Woolrich, Superga) grew by 35.1 percent in the first quarter. Aggregate sales of products bearing the group's brands, developed worldwide by the network, amounted to 299.1 million euros. This compares to 268.8 million euros in the first three months of the previous financial year, an increase of 11.3...

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Prada Group reports net revenues of 1.43 billion in the first quarter

Prada Group, which owns the brands Prada, Miu Miu, Church's, Car Shoe, Versace, Marchesi 1824, and Luna Rossa, has achieved positive results in the first quarter of 2026. Net revenues reached 1.43 billion euros, a 14 percent increase year-over-year (YoY) (+3 percent organic). Retail sales amounted to 1.25 billion euros, up 10 percent YoY (+1...

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Zegna Group Q1: D2C channel and Zegna brand drive growth

The Ermenegildo Zegna Group closed the first quarter with revenues of 470.2 million euros (551 million dollars), up 2.5 percent year-over-year and 7.4 percent at constant exchange rates, driven by strong performances from the direct-to-consumer channel and the Zegna brand. Regarding individual channels, direct-to-consumer (D2C) grew by 7.8...

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The Lycra Company appoints Alistair Williamson as VP of product sustainability

Fibre producer The Lycra Company has appointed Alistair Williamson as vice president of product sustainability, according to a company press release. In this role, he will oversee initiatives that reduce the environmental impact of products, innovations and the company's operations. Williamson has 40 years of experience in the textile fibre and...

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Puma appoints former Hugo Boss CEO Mark Langer as chief financial officer

German sportswear provider Puma SE not only presented its latest quarterly figures on Thursday but also filled a key position. The Herzogenaurach-based company announced that Mark Langer will take over the position of chief financial officer (CFO) on May 1. He replaces Markus Neubrand, who is stepping down as chief financial officer with...

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A guerrilla poster campaign against Jeff Bezos at the Met Gala hits New York

New York - Posters have appeared on the streets and subways of New York calling for a boycott of the Met Gala, scheduled for May 4, due to Jeff Bezos' involvement in its organisation. The choice of the Amazon founder, who has grown closer to Donald Trump, and his wife Lauren Sanchez Bezos as sponsors and honorary chairs is “a total lack of tact”...