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PARIS — SMCP revealed Monday that Christophe Cuvillier has been appointed chairman of the company’s board, following the dismissal of five members representing former majority owner European TopSoho on Friday. Three new independent directors were appointed to the board at last week’s shareholder meeting, which went ahead after the Paris Commercial Court ruled against a...
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VIRTUALLY MOVING IN: Paris and Rome-based creative agency Al Dente has scooped up some of the hottest real estate of 2021 — a plot in the metaverse known as The Sandbox. Heralding the metaverse as “the next promised land for luxury brands after China” in a statement announcing the acquisition, the agency plans on leveraging...
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MILAN — Preserving and investing in Italy’s manufacturing pipeline continues to be a key M&A element as the year winds down with yet another transaction that sees Holding Industriale (Hind) taking a 50 percent stake in footwear specialist Valmor Srl through its controlled firm Holding Moda. Financial details of the acquisition were not disclosed. The agreement allows...
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As brands and retailers look to the future, a new frontier, called the Metaverse, holds opportunities that are largely unknown. Now at a tipping point, some experts project this new reality of virtual goods, gaming and entertainment could represent more than $82 billion by 2025, with consumers already showing interest and a sure comfort to...
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Messages of self-expression and feel-good optimism continued to be prominent across the spring collections. Contemporary designers expressed this sense of liberation through vibrant colors, a wild mix of prints and modern, club-ready early 2000s-meets-TikTok fashions, like this polyester jacket seen here from emerging label Liberal Youth Ministry, Aries’ velour cropped top, OMighty’s polyester spandex rainbow...
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Amazon is taking pains to demonstrate that it has a cop on the counterfeit beat.  The massive e-commerce marketplace said its counterfeit crimes unit reached a settlement with influencers running a social media counterfeiting scheme, banning them from selling on its platform and scoring funds to support anticounterfeit awareness.  In November, Amazon sued Kelly Fitzpatrick...
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PARIS – Sephora said Wednesday that it has completed the acquisition of Feelunique, the U.K.-based online prestige beauty retailer. On July 23, Sephora announced it had signed an agreement with Palamon Capital Partners and other shareholders to buy Feelunique. Terms of the deal were not disclosed but a report valued Feelunique at 132 million pounds....
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Antonelli Diamonds is a purpose-driven brand with a philanthropic focus on helping cancer victims, especially children. Founded by Casey Antonelli, the brand has been conducting private sales for some time, and this week has launched an e-commerce site. Here, Antonelli shares insights about the company’s mission, what was behind its founding and the organizations the...
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Celebrating her 50-year career in fashion, Chiara Boni unveiled her spring Chiara Boni La Petite Robe collection with a video, filmed at Milan’s Bagni Misteriosi venue. Featuring Anna Cleveland, along with two other models, the short movie, which had a surreal vibe, presented a range of black and white designs that echoed Helmut Newton’s signature...
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Tod’s creative director Walter Chiapponi admitted he may never turn his back on the bon-ton aesthetics he feels is so ingrained in his style – and that is so personal, as it always reminds him of his childhood and his mother. However, for spring the designer wanted to add a tomboyish streak to his designs....
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