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6 Jun

Tech Forum Eyes the Way forward for Fashion

Tech Forum Eyes the Way forward for Fashion
The WWD Tech Symposium has just added one other speaker. Stefano Rosso, chief executive officer and founding father of D-Cave, has joined the lineup for the virtual and complimentary event, which shall be available on demand from July 3 through Sept. 3. D-Cave is a life-style plan that serves the gaming platform. Rosso is a board member of the OTB Group, which is the parent company of Diesel, Maison Margiela, Marni, Viktor & Rolf, Staff International and Brave Kid. The event’s sessions include “What’s Next for the Fashion Metaverse,” which is a roundtable featuring Sebastien Borget, chief operating officer and cofounder of The Sandbox; Diego Di Tommaso, chief operating officer and cofounder of Over the Reality, and Sam Hamilton, creative director at...
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25 Apr

Kering Eyes Ultra-Wealthy As Results Lag Peers

Kering Eyes Ultra-Wealthy As Results Lag Peers
PARIS – Kering is counting on its wealthiest customers to assist it meet up with its luxury sector peers during what's a transitional 12 months for its star brand Gucci. The French luxury group, which also owns brands including Balenciaga, Saint Laurent and Bottega Veneta, reported Tuesday that sales inched up by 2 percent in the primary quarter, sharply lagging its larger competitors LVMH Moët Hennessy Louis Vuitton and Hermès International. Revenues within the three months to March 31 totaled 5.08 billion euros, representing a rise of 1 percent in comparable terms, amid a decline in revenues in North America and a gradual recovery in China. The modest sales increase got here on the heels of a 2 percent decline within the...
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