Furla is reorganizing its management, confiding the role of president to current CEO Alberto Camerlengo, who will be replaced as chief executive by Mauro Sabatini, previously head of leather goods manufacturer Effeuno.
Richemont’s third quarter — the all-important three months to the end of December — saw sales rising only 1%, although currency-neutral, they were up a healthier 5%, despite the “continuously volatile environment”.
AZ Factory, the fashion house led by Alber Elbaz that is the most widely anticipated new brand in the industry, is planning a talk show as well as exclusives on Net-A-Porter and Farfetch as part of its launch next week.
Yoox Net-A-Porter is running two pilot Digital ID technology programmes ahead of a rollout across all of its private-label collections from next year. It said the move will accelerate circularity in luxury and fashion.
Alber Elbaz's AZ Factory, Charles de Vilmorin and Sterling Ruby are the three latest brands to be invited by France's Chambre Syndicale de la Haute Couture to show their collections from 25 to 28 January.