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22 Apr

Lanvin Revenues Grow 37% as Luxury Group Builds Up

by Beauty Tips
Fashion, Featured
Lanvin Revenues Grow 37% as Luxury Group Builds Up
Lanvin Group has proved it may grow. Now, the posh group is seeking to prove it may hold its own on the underside line.  The corporate, which debuted on the Latest York Stock Exchange in December, posted a 37 percent increase in revenues for 2022, when the highest line tallied 422 million euros and was boosted by the acquisition of Sergio Rossi in July 2021. On a pro-forma basis, revenues were up 24 percent, with the Lanvin brand leading the best way, growing 64 percent to 119.8 million euros. The remainder of the portfolio also showed gains with Caruso up 25 percent to 30.8 million euros, St. John ahead 17 percent to 85.9 million euros, Wolford up 15 percent to 125.5 million...
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21 Apr

Prada Group Ups Investments in Industrial Strategy, Sustainability

by Beautifaire101
Beauty, Featured
Prada Group Ups Investments in Industrial Strategy, Sustainability
VALVIGNA, Italy — A vertical industrial structure is nearly par for the course today in the posh industry, but Patrizio Bertelli, executive director of the Prada Group, on Thursday made a degree of letting reporters gathered at the corporate’s plant in Valvigna, Tuscany, know that he is just not jumping on the bandwagon — quite the opposite. In his usual feisty manner, Bertelli said that back within the ‘90s when he began constructing the network of plants that has grown in time to comprise 24 industrial facilities, of which 21 are in Italy, he was challenged by popular opinion. He recalled that he was told then that his strategy “didn't make sense, and folks wondered why I'd not simply turn to...
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8 Apr

Zegna Group Outlines Plan to Reach 2 Billion Euros

by Beauty Tips
Fashion, Featured
Zegna Group Outlines Plan to Reach 2 Billion Euros
MILAN — The Ermenegildo Zegna Group closed 2022 on an upbeat note, seeing “an encouraging and really exciting start of 2023,” to a level that was even “well above our expectations,” said chairman and chief executive officer Gildo Zegna on Thursday, commenting the performance of the group last 12 months. The group is seeing “a solid double-digit growth at retail for each Zegna and Thom Browne,” continued the chief during a call with analysts, expressing his optimism for the reopening of Greater China, after pandemic restrictions, and the strong response of European and American customers which can be driving growth. Zegna’s made to measure is showing a double digit growth compared with 2019, which already “was a top 12 months,” he...
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26 Dec

Black Women Are The Fastest-Growing Group of Gun Owners

by Beauty Tips
What's The Tea, Featured
Black Women Are The Fastest-Growing Group of Gun Owners
Trends point to an interesting change in American gun ownership. Based on reports from NYMag’s The Cut, Black women are the fastest-growing group of gun owners within the country. The rationale behind it's different than you prototypical gun owner is for self-defense. “It makes me feel more secure,” Onnie Brown, 43, of Phoenix, Arizona, told The Cut. The rise in gun ownership is complicated so as to add into hard numbers, but Black women do make up nearly all of the 40,000 members of the National African American Gun Association.Last September, The Philadelphia Tribune took their very own have a look at the problem by digging into the numbers. Gun sales amongst Black men and ladies increased by 58 percent in the primary...
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