An industrial building occupied by Italian fashion group Salvatore Ferragamo on the outskirts of Florence caught fire, Italian fire services said on Thursday.
Ferragamo is known for its luxury footwear, clothing, and accessories – Reuters
The fire has been put out and no one was injured, they said. Two teams and two fire engines intervened at 12:50 p.m. (1150 GMT) in Sesto Fiorentino, a north-western suburb of the Tuscan capital city, which is home to several factories serving the luxury leather industry.
“The firefighters extinguished the fire, which affected the extraction system outside the industrial building” and cooling operations were underway, the Florence fire department said in a statement.
Ferragamo was not immediately available for comment.
Maybe the economic outlook isn’t as gloomy as some predict, especially for fashion retail. Despite ongoing economic pressures, UK consumers “continue to prioritise fashion spending, with value-led and demand-responsive brands emerging strongest”, a cheerier report from MediaVision claims.
‘Brand search leader’ Next
Analysing real-time consumer search behaviour, tracking how demand shifted during the final quarter of 2025 and identifying the brands best positioned for growth in 2026, step forward Primark, Vinted, Next, M&S and Selfridges, with the first two leading the battle in the ‘affordability’ category.
Over the past quarter, Primark and Vinted emerged as the fastest-growing fashion brands in terms of share of search. Primark led the way with the value retailer increasing its share of search by +0.65 on a search score of 3.88% with Vinted (2.24% brand search) slightly behind at +0.47.
“Their growth highlights a growing consumer preference towards affordability and value, with shoppers increasingly opting either for lower-cost new fashion or turning to second-hand platforms like Vinted as a way to maximise value”, the report said.
Meanwhile, Next “continued to dominate overall brand share of search in Q4 (5.67%/+0.43 increase), “maintaining its position at the top of the market while continuing to grow… maintaining strong consumer interest and engagement heading into 2026”, the report said.
M&S and Selfridges were also given the briefest of mentions, given their share of brand search came into the top five, 2.85%/+0.39, for the former and 1.68%/+0.16 for the latter.
The report also revealed the three big high street names with declining brand searches were led by Sports Direct, whose share of brand search (4.21%) dipped 0.3 year-on-year, followed by TK Maxx (4.06%/-0.19) and John Lewis (3.71%/-0.26).
Louis Venter, CEO at MediaVision said: “Consumer search behaviour is shifting faster than most brands can track, and in fashion, the margin between capturing demand and losing it often comes down to weeks, not months. The quarter reveals a market in motion, with fashion still commanding the majority of share of wallet across retail sectors and high-street fashion dominating at category level.”
Adam Bly, MediaVision growth director added: “Fashion holds a commanding, growing share, even if you were to disregard the short-term spike of Black Friday. Farther down the pecking order ‘nice-to-have’ and ‘need-to-have’ categories battle it out, but it appears that consumers continue to make sure a decent amount of buying power is set aside for Fashion, even whilst tail and headwinds appear to hit other markets with considerable force.”
Luxury skincare brand Genaura has promoted Nicola Young to managing director, moving up from chief marketing officer following the brand’s product launch to market in September.
Genaura
Young’s promotion is underscored by “an impressive career”, which has included senior positions at Carlton Screen Advertising, marketing director at Jazz FM and Magic 105.4FM, and group director of Marketing at radio conglomerate Global Player.
Most notably, her beauty industry involvement included director of Media UK at Estée Lauder Co.
Young said the launch of Genaura “has the potential to revolutionise the beauty and wellness sector… my experience in this field has helped drive the marketing vision so far, and I look forward to progressing even further”.
She added: “Looking to… the growth of Genaura, I am excited to scale and innovate whilst remaining authentic to the scientific background of the product, planning global recognition of this revolutionary ingredient exclusive to Genaura.”
Available in the UK currently, the business has “aspirations for 2026 and beyond… extending skincare products within the range.”
Genaura claims to be a “world first in skincare”, with its Genaura Levagen + Smart Face serum “boasting a powerhouse formula alongside patented technology… creating an ‘age-proofing’ approach to the skin and supporting the skin’s natural barrier function”.
William Costelloe as been appointed creative director of the Paul Costelloe brand following the death of his father in November.
William Costello with his father, Irish designer Paul
“William will lead the development of all the brand’s collections moving forward, championing the values of creativity, quality and craftsmanship laid down by Paul over more than 40 years”, a statement from the house read.
William added: “My father taught me to see fashion through the eyes of an artist; to respect materials, the process, the people. I am honoured to be continuing his legacy, and I approach this role with determination, gratitude and excitement for what lies ahead for the Paul Costelloe brand.”
He was design director to Paul Costelloe for the past seven years, during which time father and son worked hand in hand to develop the seasonal catwalk collections. Alongside Paul, he has also led the design and development of the collections with its retail and license partners globally, including ready-to-wear womenswear and menswear, homewares, bridal, children’s occasionwear, bags and accessories.
Known for his expertise in colour and material, William previously worked as a print and textile designer for Portuguese bedding manufacturer Piubelle and homewares producer Matceramica. He was also a visual merchandiser and stylist for department store La Rinascente in Milan, the same department store Paul worked at early in his career.
The Paul Costelloe AW26 collection, which will officially open London Fashion Week on the 19 February, marks the first collection under William’s leadership as creative director.