. has reported a 30% increase in net income for the first quarter of fiscal 2025, which ended June 26. The company’s total revenue also rose by 182% to $1.38 billion USD, surpassing analysts’ expectations. This growth has led the company to raise its fiscal year outlook, despite ongoing global economic uncertainty. The increase in sales has been attributed to a strong demand for luxury goods, particularly in the Asia-Pacific region. Marc Jacobs Drops New Y2k-Inspired Tech RunnerMarc Jacobs has released a new sneaker, the ‘72 Spring Sneaker, inspired by the Y2k era. The shoe features a chunky silhouette with a mix of materials, including mesh, leather, and suede, and is available in three colorways. The release is part of the brand’s ongoing focus on footwear, with previous releases including the popular “The Marc Jacobs” sneaker. The ‘72 Spring Sneaker is now available for purchase on the Marc Jacobs website and in select retailers. Icelandic Brand 66°NORTH Celebrates 100th Anniversary With Immersive Exhibition at Copenhagen Fashion Week66°NORTH, a heritage Icelandic brand, celebrated its upcoming 100th anniversary with an immersive exhibition at Copenhagen Fashion Week. The exhibition showcased the brand’s history, its SS26 collection, and its century-old repair initiative, which allows customers to send in their old 66°NORTH pieces for repairs and updates. The brand has also announced a new partnership with the Danish fashion brand Soulland, which will see the two brands collaborate on a capsule collection. The exhibition was a highlight of Copenhagen Fashion Week, showcasing the brand’s commitment to sustainability and longevity in the fashion industry.
The Luxury Labor Crackdown: Armani Fined $4 Million USD For Greenwashing
The Armani Group has been hit with a hefty $4 million USD fine for making false claims about its sustainability practices and engaging in illegal labor practices. This comes after a year-long investigation revealed that the company was outsourcing production to third parties that violated health and safety regulations and employed illegal workers. Despite denying the allegations, Armani intends to appeal the decision. This is just one example of the ongoing efforts in Italy to hold luxury brands accountable for their labor and manufacturing practices.
Gucci In “State of Unrest” As 1000 Employees Threaten to Strike
In a state of turmoil, approximately 1,000 unionized Gucci employees in Italy are threatening to strike over unpaid welfare incentives promised by their parent company, Kering. This adds to the brand’s recent struggles, including a decline in sales and other labor scandals within the luxury industry. The employees are represented by trade unions Filcams Cgil, Fisascat Cisl, and Uiltucs, and the dispute highlights the growing demand for fair treatment and compensation for workers in the fashion industry.
Zendaya Debuts Her First Co-Created Silhouette With On
Multi-talented star Zendaya has teamed up with Swiss brand On to co-create a new footwear model, the Cloudzone Moon. This marks her first time collaborating on a silhouette with the brand, and the release also includes a capsule collection of active apparel designed by Zendaya and celebrity stylist Law Roach. The campaign, directed by Bardia Zeinali, celebrates the idea of embracing one’s identity and is now available for purchase at On’s webstore and physical stores worldwide.
Ralph Lauren Sees 30% Net Increase in Q1 2025
Despite global economic uncertainty, Ralph Lauren Corp. has reported a 30% increase in net income for the first quarter of fiscal 2025. This growth has led the company to raise its fiscal year outlook, thanks to strong demand for luxury goods, particularly in the Asia-Pacific region. The company’s total revenue also rose by 182%, surpassing analysts’ expectations.
Marc Jacobs Drops New Y2k-Inspired Tech Runner
Fashion icon Marc Jacobs has released a new sneaker, the ’72 Spring Sneaker, inspired by the Y2k era. The chunky silhouette features a mix of materials and is available in three colorways. This release is part of the brand’s continued focus on footwear, with previous popular releases including “The Marc Jacobs” sneaker. The ’72 Spring Sneaker is now available for purchase on the Marc Jacobs website and in select retailers.
Icelandic Brand 66°NORTH Celebrates 100th Anniversary With Immersive Exhibition at Copenhagen Fashion Week
To celebrate its upcoming 100th anniversary, Icelandic brand 66°NORTH showcased its history, SS26 collection, and century-old repair initiative at an immersive exhibition during Copenhagen Fashion Week. The brand’s commitment to sustainability and longevity in the fashion industry was on full display, including a new partnership with Danish brand Soulland for a capsule collection. The exhibition was a highlight of the fashion week, showcasing the brand’s dedication to ethical and responsible practices.
