Amer Sports, Inc. posted sales and profits ahead of its guidance on Tuesday morning, with growth largely driven by its Arc’teryx brand. The newly public Finnish company, which owns the Salomon, Arc’Teryx, Wilson, Peak Performance and Atomic brands, reported a 13 percent revenue increase in Q1 to $1.2 billion. Net income was $7 million, down from $19 million...Read More
Chinese idol Cai Xukun is making a fashion comeback. The Chinese celebrity, who has kept a low profile for the past year due to online allegations of sexual misconduct, which he categorically denied, has been named the global brand ambassador of Versace, WWD has learned exclusively. “Kun is brave, incredibly talented and unique. He’s a singer and producer. He...Read More
As of this month, the Aura Blockchain Consortium has created digital product passports containing information ranging from traceability credentials to storytelling around the product for more than 40 million items, the group said in a statement. Among the physical items imbued with its digital identities, typically accessed through NFC chips or QR codes, are pieces...Read More
