International and Arab News
Fashion
Burberry Lifts Profit Guidance after Full-Price Sales Accelerate
Luxury brand Burberry said its profit would beat market expectations as its full-price sales accelerated in the third quarter, driven by a strong performance in outerwear and leather goods and a material improvement in Asia and Europe. The British company said its adjusted operating profit for th
Influential Fashion Journalist André Leon Talley Dies at 73
André Leon Talley, the towering former creative director and editor at large of Vogue magazine, has died.
Prada Points to Pent-up Luxury Demand with 2021 Sales Surge
Prada sales bounced back sharply in 2021 as pent-up demand for luxury handbags and clothes helped push revenues above pre-pandemic levels, the Italian fashion group said. In an unscheduled trading update, Prada said on Tuesday that group sales last year rose 41% at constant exchange rates to 3.36
Armani Cancels Men’s Milan Show, Paris Haute Couture
Designer Giorgio Armani said Tuesday he was cancelling his men’s fashion show in Milan this month and his Prive haute couture show in Paris because of soaring coronavirus cases in Europe. The decision makes Armani the first major designer to pull out of the Milan men’s previews for fall/winter 20
Sean ‘Diddy’ Combs Approved to Buy Fashion Line Out of Bankruptcy
Sean “Diddy” Combs has secured court approval to buy back his fashion brand Sean John from its bankrupt owner, GBG USA Inc. US Bankruptcy Judge Michael Wiles in Manhattan signed off on the sale during a brief hearing on Wednesday.