Stockmann is forging ahead with its transformation plans and while the signature department store chain is loss-making and the market is tough, the firm is upbeat on its prospects and of those of the more buoyant Lindex.
The Kering-owned Italian luxury label had been declining since 2016, but in 2019 it started growing again under the aegis of creative director Daniel Lee, generating a revenue of €1.16 billion, up 5.3%.
Pantone has released a new colour forecast for AW20 linked to the opening of London Fashion Week and the colour specialist is predicting “creatively conscious" tones that are all about an “optimistic sense of purpose”.
After three cancellations announced for Milan, another six Chinese designers are unable to participate in Paris Fashion Week due to the coronavirus pandemic. Dawei, however, will be present with a show on February 25.
The footwear and accessories retailer is teaming up with the global superstar for a business partnership that will see the exclusive launch of the JLO Jennifer Lopez brand at DSW Designer Shoe Warehouse.