Sales – Page 16 – Beautifaire

25 Jan

“It’s almost an affliction, it’s got to be quality,” Brad Pitt told WWD of his approach to God’s True Cashmere, the feel-good luxury label he cofounded along with his friend and holistic healer, Sat Hari. The brand’s gender-neutral, two-pocket cashmere work shirts in solids and tartans, with handcrafted snap buttons constructed from healing stones like emeralds for health and wealth; lapis lazuli for wisdom and truth, and labradorite for balance and protection are the most recent cult casual-luxe item to return out of Los Angeles. Soft like a hug (a hug from Brad Pitt, no less), the $2,000-plus shirts are being snapped up by in-the-know shoppers in stores from Serenella in Boston to Boon the Shop in Seoul. 4 years in, God’s...

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1 Jan

Victoria Beckham Brand Sales Climb, and Losses Shrink, in

by Beauty Tips

Fashion, Featured

LONDON – Revenues are climbing, and losses are shrinking, at Victoria Beckham Holding Limited, in response to 2021 filings set to be published on Firms House, the official register of U.K. businesses. Within the 12 months ended Dec. 31, 2021, Victoria Beckham Holding Limited, which is owned by Beckham, her husband David, and the private equity investor NEO, saw revenues jump by 13 percent to 40.9 million kilos. EBITDA losses greater than halved to 2 million kilos compared with the previous 12 months, while operating losses fell to three.9 million kilos from 6.8 million kilos. The corporate attributed the 2021 performance to its decision to consolidate and reposition the style collection, and to “accelerated growth” in the wonder business. The filing didn't break...

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29 Dec

CEO Talks: Latest Balance Chief Joe Preston Hopes to

by Beauty Tips

Fashion, Featured

CEO Talks: Latest Balance Chief Joe Preston Hopes to

Joe Preston is a Latest Balance lifer. The president and chief executive officer of the sports brand has been with the corporate for 27 years. Over the course of his profession he has served in a wide range of roles, including overseeing the Asia-Pacific and international operations and leading its global product and sports marketing initiatives. He ascended to the highest position in 2018 and since then has been working to double the corporate’s sales — that are expected to hit $5 billion this yr — by partnering with up-and-coming athletes and cultural influencers to draw a younger consumer while never losing sight of the corporate’s roots in performance running. Here, Preston, who can be honored by the American Apparel & Footwear Association...

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22 Dec

Zadig & Voltaire Sales Jump Amid Accelerated U.S. Push

by Beauty Tips

Fashion, Featured

Zadig & Voltaire Sales Jump Amid Accelerated U.S. Push

PARIS — French contemporary brand Zadig & Voltaire’s U.S. sales skyrocketed within the third quarter, the brand reported in a trading update. The corporate reported sales within the U.S. were up 49 percent year-over-year within the three months from July 1 to Sept. 30. The sales numbers come as the corporate has made a play to expand its footprint there, opening splashy flagships on Rodeo Drive in Beverly Hills and Madison Avenue in Recent York in October. The Madison Avenue flagship is the brand’s second store on the famed shopping street. The brand has doubled its U.S. doors since 2017 to a complete of 38 branded stores, 27 stand-alone boutiques and 11 outlet stores across the country. Zadig & Voltaire also has...

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