The Kering Group delivers another quarter of high growth in consolidated revenue

The Kering Group said that it delivered another quarter of high growth in consolidated revenue, up 14.2 percent as reported and 11.6 percent on a comparable group structure and exchange rate basis to 3,884.6 million euros (3,202.2 million dollars). 

“We achieved another strong quarter, and all our segments contributed to our solid top-line gain. Our progress, on top of considerable expansion in the past two years, is healthy and well balanced across all Houses. We are consolidating our growth trajectory, and carrying out continuous, targeted operating investments,” said François-Henri Pinault, Chairman and Chief Executive Officer of Kering in a statement.

-Gucci delivered very healthy growth in the quarter, with revenue up 13.3% as reported and 10.7% on a comparable basis to €2,374.7 million, once again on top of particularly high bases of comparison. All of the main product categories contributed to this growth, demonstrating the enduring success of the House’s collections. Growth in sales from directly operated stores (up 10.7% on a comparable basis) was led by Asia- Pacific (up 17.9% on a comparable basis) and Western Europe (up 11.9% on a comparable basis). Wholesale rose 9.8% on a comparable basis. 

-Yves Saint Laurent pursued its double-digit growth in the quarter, with revenue up 13.3% as reported and 10.8% on a comparable basis to €506.5 million. Growth was balanced across distribution channels, with an 11.4% rise in comparable sales from directly operated stores driven by all of the House’s geographic regions, and an 8.2% increase from wholesale. 

-Bottega Veneta saw highly encouraging growth during the third quarter, with sales up 9.8% as reported and 6.9% on a comparable basis to €284.3 million. Daniel Lee’s collections were extremely well received, by established and new customers alike. Sales from directly operated stores rose 7.5% on a comparable basis, with sharp growth in Western Europe (up 10.1% comparable) and North America (up 17.1% comparable). Wholesale continued to grow, up 4.1% comparable. 

-Sales from Couture and Leather Goods continued to rise sharply, fueled in particular by the strong sales momentum at Balenciaga and Alexander McQueen. Jewelry delivered solid growth, with a very good quarter at Boucheron and strong performances from Pomellato and DoDo, while Qeelin pursued its successful expansion in Mainland China. Watches posted an encouraging performance, lifted by the launch of new models by Ulysse Nardin. 

Ever Evolving Talks by Calik Denim sheds light on the future for the second time

With over 350 visitors from all over the world, the 2019 edition of the annual Ever Evolving Talks by Calik Denim event was a great success. Over the course of one day, the fashion industry gathered in Amsterdam to discuss topics such as transparency and blockchain system, GEN Z as a consumer, climate change, responsible fashion and how these topics can change both the industry and the world.

Designed to be a live platform for thoughts and ideas and a stage for future insights, Ever Evolving Talks by Calik Denim has rapidly become a stronghold of original ideas and a cultural melting pot that does not only have an impact on the fashion industry, but also has other industries looking towards the fashion industry for original ideas and innovations to build a sustainable future for everybody. With its second edition Ever Evolving Talks by Calik Denim has truly become a beacon that shines a light on a possible future, today.

About the event Calik Denim CEO Fatih Dogan says: “Now in its second year, Ever Evolving Talks by Calik Denim has become a platform where we synthesize and present different point of views, experiences and the future over the course of one inspiring and thought provoking day. We touch on many different areas such as the future, our planet, innovation, new technologies and sustainability, with a focus on new generations and consumer behaviour, global trends and collaborations. The event welcomes audiences from both denim and other international sectors. Anyone who is part of – or touches – the world of fashion world can participate. Brands, garment manufacturers, suppliers, the press, academicians and students… Therefore, we believe in the importance of this event. Its values will advance both the sector and the world in which we live.”

Lagos Fashion Week October 2019 edition

Lagos Fashion Week (LagosFW) is a fashion platform that drives the Nigerian and ultimately, the African fashion industry; by bringing together buyers, consumers and the media to view the current collections of designers at a four (4) day event in the fashion capital of Lagos, Nigeria.

As a leading fashion event on the African fashion calendar, LagosFW leads the way with initiatives that supports, strengthens and develops the fashion industry. Beyond the runway, the annual event provides a physical platform that is gradually repositioning fashion as a useful tool for commerce and creativity in Nigeria. The October 2019 edition just closed its doors today after a successful 3 days.

LagosFW Activities:

Runway Shows and Presentations featuring new season collections from designers;

Fashion Focus Africa’s talent discovery initiative that creates access to Fashion Focus Fund, knowledge transfer, information exchange, networking opportunities and access to market;

Fashion Business Series to facilitate conversations with key players from the Nigerian and Pan African industries and beyond, as a useful tool for exchanging ideas, networking and developing the fashion industry.

Green Access Talent discovery with a vision to encourage designers to create social, economic and environmentally sustainable fashion brands

Visual Makers Fellowship created to empower budding filmmakers and photographers with workshops and masterclasses

LagosFW Showrooms Access to shop some of your favorite fashion brands.

After parties: an opportunity to experience Lagos night life and connect with some of Africa’s finest creatives in a relaxed environment.

Danish brand wants to solve fashion’s waste problem with 3D-printed clothing

Danish fashion brand Son of a Tailor has just launched a pullover that is 100 percent 3D-printed. The initiative is an attempt to stop one of fashion’s biggest climate issues: Waste. 

The fashion industry accounts for more CO2 emissions than the airline and shipping industry combined. Waste is a major part of that as more than 1/5 of the material used for making clothes is traditionally thrown out during production. When printing clothing, however, you only need to fill the 3D-printer with the material that will be used for the actual piece of clothing – and not an ounce more. In other words, no material is wasted whatsoever. 

“Fashion is one of the world’s biggest climate sinners, but as an industry, we keep looking the other way. Most brands think a couple of eco-collections is enough to make them climate positive. It’s embarrassing and irresponsible. By removing waste from the production process, we are proving that it is indeed possible to change fashion’s bad habits. We hope we can inspire other brands to do the same,” says Jess Fleischer, CEO and founder of Son of a Tailor. 

Reached Kickstarter goal in 39 minutes 

The 3D-printed pullover, which is made of merino wool, was launched October 21 through a campaign at popular crowdfunding platform Kickstarter. In just 39 minutes, Son of a Tailor reached their goal of 15,000 USD, making the campaign one of the most successful active campaigns on Kickstarter in all of Europe. 

Swedish professor Jonas Larsson from The Swedish School of Textiles, who has supported Son of a Tailor’s project, is not surprised by the success. He believes consumers are ready for new, sustainable alternatives in fashion that makes an actual difference. 

“With this product, Son of a Tailor is highlighting the potential of new technological opportunities in apparel manufacturing and supply chain that can significantly reduce waste in the fashion industry, while providing a better product for the end customer,” says Jonas Larsson. 

A life cycle without waste 

Waste in fashion doesn’t just occur during the production process. A lot of clothing is wasted as a result of brands making way more clothing than they can sell. At the same time, we as consumers have a tendency to buy clothes that we only use a couple of times – or in some cases never use at all. 

Therefore, Son of a Tailor tailor-makes all of its clothing through an online algorithm. That means that not a single piece of clothing is set in production before it has been ordered. That way, the five year old company completely avoids over production. And because the clothing is tailor-made, consumers are less likely to throw it away before using it. Now, they combine the tailor-making process with 3D-printing, thus removing waste from the actual production as well. All in all this means that Son of a Tailor has almost removed waste completely from their clothing’s life cycle. 

Stone Island opens store in Frankfurt

The prestigious Goethestrasse street, in the hearth of Frankfurt, is where Stone Island has chosen to open the fourth store in Germany, after Munich, Hamburg and Sylt; enhancing in this way its presence in an important and constantly expanding market.

The store -that covers an area of 135mq – hosts the Stone Island and Stone Island Shadow Project collections. The bush-hammered stone selected for the floor is also used on the walls, interspersed with painted metallic mesh counter-walls and paste coloured MDF. Hangers are made of carbon and anodised aluminium bars. The modular shelves in Alucobond anthracite mirror are covered in black felt. The furnishings and details are made of felt and wood, embellished with an unprecedented industrial appearance.

TOMMY HILFIGER celebrates re-opening of Hamburg store with an exclusive TOMMY JEANS LIVE in-store event

Last week TOMMY HILFIGER celebrated the re-opening of the Hamburg store with an exclusive TOMMY JEANS LIVE in-store concert, presenting the musical history of the brand and the long-term cooperation with strong, up-and-coming artists. So a TOMMY JEANS Singbox was installed for one week for an open casting in the Europa Passage. The casting was won by 7Soulz and who was allowed to perform at the event alongside established musicians.

The two-storey TOMMY HILFIGER store spanning over 860 square meters now includes a People’s Place Deli, named after Tommy Hilfiger’s first clothing store, which he opened in 1969 in his hometown of Elmira, New York. It was a place for people of all backgrounds who came together to share exciting experiences of pop culture in the midst of the fashion and music revolution. People’s Place is today an integral part of Tommy Hilfiger’s vision for the retail industry.

Elisa Lanciotti elected new Chair of Assocalzaturifici Young Entrepreneurs

During the 34th national convention of Confindustria Young Entrepreneurs in Capri, the Assocalzaturifici youth group elected Elisa Lanciotti as Chair for the years 2019-2023. Born in 1987, with a degree in economics and commerce, she is in charge of international sales in her family’s business, Calzaturificio Lancio of Montegranaro (FM). 

The new Chair was elected on a strong agenda with a focus on seminars addressing issues such as technological innovation, digital technology in production processes and customer relations, marketing and female entrepreneurs. 

All with an emphasis on greater integration and cohesion among young people in different trade associations and effective involvement of youth in the group’s decision-making processes. 

Elisa Lanciotti will be flanked by four Deputy Chairs: Federico Bellò of Calzaturificio Bellò in Vigonovo (VE); Sara Cuccu of Loriblu in Porto Sant’Elpidio (FM); Anna Fidanza of Condor Trade in Verolanuova (BS) and Umberto Portogallo of Calzaturificio Florence in Aversa (Caserta). 

“Innovation, cohesion and education: these are the three pillars which will guide our programme,” declares Elisa Lanciotti. “We will maintain continuity with the work of outgoing Chair Charlotta Bachini, with an additional emphasis on Industry 4.0”. 

Hugo Boss ‘Smart Factory’ in Izmir

Izmir, Turkey is home to HUGO BOSS’s largest production location. Since 1999, the company has primarily produced high-quality business wear products here. On an area of around 65,000 m2, suits, jackets, shirts and coats are produced, and almost 4,000 workers are employed in Izmir. However, the factory is not only the largest HUGO BOSS production facility, it is also the most high-tech, as the company demonstrates what Industry 4.0 looks like in practice here, with networked machines, extensive data analysis and flexible processes.

Many aspects of factories today are automated and self-optimized. Processes are more intelligent, more dynamic – the smart factory is already a reality. The term ‘smart factory’ describes a simple, basic principle: machines and software are always more capable when they are automated and networked. This allows them to communicate with each other and exchange data, which is then analyzed in order to uncover potential for optimization.

The process of converting the factory in Izmir into a smart factory was set in motion back in 2015. This transformation took place in three important steps:

Digital transformation: Employees, machines and processes are networked with each other. This makes it possible to map them digitally, creating a ‘virtual twin’ of the factory. It sounds like science fiction, but it isn’t. Using more than 1,600 tablets installed throughout the location, production data can be tracked in real time, meaning that production can be managed optimally.

Robotics and automation: New technologies are introduced to support employees. At the same time, a ‘TechnoLab’ also develops semi- and fully automated machines and robots to further optimize processes. Artificial intelligence: Data is collected from all over the factory. Analysis of this data provides information about where there is potential for improvement, or even where risks arise. This enables machines, resources and processes to be managed based on well-founded, digital forecasts.

Distinction for a pioneering role: It has not gone unnoticed that HUGO BOSS innovation is breaking new ground with the smart factory. Thus US-based market research and consulting company International Data Corporation honored the production location with the first prize in the categories “Internet of Things” and “Big data and artificial intelligence”. In particular, it stressed the pioneering role of HUGO BOSS in data analytics and in forecasting production errors.

Burberry launches first online game called B Bounce

Burberry has launched its first online game called B Bounce, bringing the gaming experience to customers globally on Burberry.com for the first time. In this engaging and playful game, players race a deer-shaped character to the moon, using supercharged Thomas Burberry monogram puffer jackets. Once the player has selected a puffer jacket for the character, they bounce upwards between platforms to reach the moon, gaining extra speed by collecting Burberry’s gold TB logos and drones along the way.

Players can compete for special B Bounce prizes, with winners awarded custom made GIFs and virtual Burberry puffer jackets edited onto a digital picture of their choice. The first prize is a real jacket from the new Burberry puffer collection, available to players in UK, US, Canada, China, Japan and Korea.

B Bounce is also available to play on the super-size screen inside Burberry’s flagship store on Regent Street in London.

Mark Morris, Senior Vice President of Digital Commerce at Burberry said: “We have experimented with gaming in China, but B Bounce is our first playful extension into this format to entertain and connect with our new, younger consumers around the world. We know that they are living in an increasingly gamified environment both online and offline and we are excited that they can join the Burberry community – and explore our new puffer collection – in this way” B Bounce launches together with Burberry’s new puffer jacket collection and is now available to play on Burberry.com

SUSHI: a capsule collection by brand SUN68

SUSHI is a capsule collection by brand SUN68. Sold exclusivelyon https://sun68.comand through SUN68 Italian Flagship Stores in Milano, Bologna, Veronaand Bassano del Grappa (Vicenza).

The SUSHI collection is inspired by a journey through the metropolis of the world, with the first stop in Tokyo, Japan. An exploration of the city in all its aspects: street style trends, typical food, history and artistic tradition, ideograms and writing. This collection is the expression of the communicative freedom that represents SUN68’s essence and philosophy.

Main inspiration for the capsule name: a take-away sushi, super fresh food for immediate consumption. A fun yet contemporary approach designing clothes easy and fast to wear.

A transversal project that characterizes a young street wear product: Tencell jersey t-shirts, triacetate sweaters and overalls, wool accessories, nylon rain jackets.