DVF Losses Diane Von Furstenberg’s luxury fashion brand DVF faces substantial losses. The United States operation, DVF Studio LLC, lost $22 million in the financial year ending 31 December 2018, and liabilities exceeded assets by more than $6 million on its Balance Sheet. In 2017, DVF lost $35 million and
Details of Your Incompetence Meryl Streep’s portrayal of a demanding and powerful fashion magazine editor in The Devil Wears Prada was supposedly a fictional depiction of Vogue editor-in-chief, Anna Wintour. The New York Times bestseller on which the movie is based is written by Lauren Weisberger, once an assistant to
Next Offers Total Platform Service Next Plc Company Number 4412362, is a powerhouse British multinational clothing company, having a turnover for the year ending January 2020 of £4.4 billion. A sizable sum of £2.1 billion, or nearly 50%, came from e-commerce. The brand’s 2020 profit before tax was £728 million
Designer Brands Receive BFC Emergency Support On 12 May 2020, the British Fashion Council (BFC) announced the names of 37 UK-based designer brands that will each receive up to £50,000 from a recently established £1 million COVID-19 Crisis Fund. The fund came into being by diverting the existing BFC grants
4 Easy Steps to Turn a Brand Around Take an old British brand, add a top British international style icon, throw in a good Creative Director, roll out stores and BINGO! You have a successful turnaround for Kent & Curwen, a brand that had been in the doldrums for many
Italian Fashion Brands Rally against the Virus This time of COVID-19 has been daunting for all, notwithstanding those in Italy, a country first to see the ravages of the virus outside of China. Despite having to face forced lockdown and business closures, some Italian luxury fashion brands have rallied to