Crisis? What crisis? Bogner appears to be unaffected. The Munich-based luxury and sportswear brand once again posted record-breaking results for the 2023/24 fiscal year, with revenue climbing 7% to €187.6 million, compared to €175.6 million the year before.
Spring/Summer 2025 campaign image. – FIRE+ICE
Growth spanned all distribution channels across both core brands, Bogner and Fire+Ice. Digital sales surged by 15% year over year, while wholesale revenue increased by 8% and retail sales grew by 2%.
“Our record revenue in the 2023/24 fiscal year highlights our strength as a luxury sports fashion brand. Bogner is also on track to achieve sustainable growth in the current fiscal year,” said CFO Frank Wiesner.
The company further expanded its global footprint with new stores in the United States, the United Kingdom, and France. Alongside a new permanent location on Madison Avenue in New York, a partner store opened in London’s Mayfair. Several pop-up and partner locations were also launched in the French Alps, in elite ski resorts such as Annecy, Megève, Courchevel, and Val d’Isère.
Bogner continues to strengthen its international presence and brand awareness while benefiting from the strong performance of both core brands.
A key focus of the past fiscal year was product innovation, with a stronger link between ready-to-wear and active sports collections. Jersey, knitwear, and outerwear were key categories, contributing to an expanded year-round product portfolio.
The Munich-based luxury fashion brand remains a strong player in the golf sector. – BOGNER
Looking ahead to 2024/25, Bogner remains focused on international expansion, with its home market in the DACH region continuing to play a central role.
Another priority is the strategic development of its omnichannel capabilities. Alongside strengthening its digital business, the company is optimizing processes to better meet the needs of strategic partners and expand its international network.
“We are growing thanks to the outstanding dedication of the entire Bogner team. Our community represents a unique lifestyle driven by a passion for sports, fashion, and innovation. This is reflected in our strong core brands and first-class portfolio,” said Daniel Hiendlmeier, appointed Chief Brand Officer and Managing Director in the summer of 2024.
QVC GroupSM, part of QVC Group, announced on Tuesday the appointment of Alex Wellen to the role of president and chief growth officer, QVC Group.
Alex Wellen – Courtesy
In his new role, Wellen will lead QVC Group’s growth strategy across U.S. social selling, streaming, digital (QVC and HSN), new business development, and platform distribution. The executive will oversee a multifunctional team, introduce new capabilities into the organization, and develop and execute plans to drive success and growth at QVC Group.
He will report to David Rawlinson II, president and CEO, QVC Group, according to a press release from the television shopping network.
Wellen brings over 20 years of experience in digital media, product innovation and driving growth strategies within digital businesses across a wide range of sectors. He joins QVC Group from MotorTrend Group, where he served as CEO and president. Prior to that, he has also held strategic senior leadership roles at Turner Broadcasting and CNN Worldwide.
“Alex is a pivotal hire in our strategy to return to top-line growth by becoming a live social shopping company,” said Rawlinson.
“Alex brings an impressive blend of media and digital product expertise to our top leadership team. He has a proven ability to innovate and drive growth through live experiences on social, digital, TV and many other platforms. His unique skill set will be instrumental as we continue to execute our growth strategy, build new capabilities, and compete to win.”
Wellen’s appointment is effective immediately.
“QVC and HSN are the original disruptors. They pioneered storytelling through live shopping, and are poised to transform the experience again across social and digital, connecting consumers whenever and wherever they shop,” said Wellen. “With beloved hosts who are trusted by hundreds of millions of fans worldwide, it’s a privilege to join this iconic brand and world-class team at such a pivotal moment in the convergence of retail and media.”
Earlier this month, QVC Group announced its name change from Qurate Retail, explaining the rebrand incorporates the brand equity of the U.S. company’s largest brand, QVC, and the highlights the firm’s growth strategy to expand into a live social shopping company.
Istituto Marangoni, one of fashion’s leading private higher educational groups, on Monday unveiled its new Paris campus, locateds in the tony 16th arrondissement of the city.
Istituto Marangoni Paris – Courtesy
Marangoni, which was previously located in Paris’ 8th arrondissement, first opening there in 2006. Spread over five floors at 15 rue Boissière, the new campus totals 3,000 square meters.
There are currently around 700 students though that number will rise quickly. The student population is composed 15% of French people, with pupils coming from over 50 nationalities. Annual tuition is in line with key European fashion schools; and ranges from €20,000 to €30,000.
Originally founded in Milan in 1935 by tailor Giulio Marangoni, as an applied art school training pattern makers and seamstresses, the college grew into an important third level college offering degrees in a fashion, accessories and marketing.
The new IM Paris is located in a district rich with cultural landmarks—from Palais Galliera to the Trocadéro to the Museum of Modern Art. Miu Miu’s twice yearly runway shows are staged around the corner, while the nearby Palais de Tokyo hosts dozens of catwalk shows annually.
“We wanted a campus and we created one,” beamed Valerie Levy, COO of Marangoni France & UK, pointing to an elegant grass garden at the center of the new college.
In some savvy management, Levy managed to convince Paris city hall to authorize the college to connect a series of buildings via the central garden.
As a result, one enters the college via a cobblestone courtyard, through two linked buildings on the east side. To the west are a long series of just-renovated classrooms; ateliers for pattern making; photo studio and restaurant. To the north an orangerieideal for exhibitions.
An opening display features the graduate show staged last year in the Galliera, including several impressive lace, guipure and crochet assemblages by Franck Bousquet, who has since been hired by Dior. Alongside each of the 10 students displays one found custom-made scents by perfumer Philippine Courtière inspired by their designs.
“The new Istituto Marangoni Paris campus offers an unparalleled environment for future creators. Designed to inspire collaboration and experimentation, it stands as a testament to the school’s unwavering dedication to shaping the future of fashion, luxury, and beauty on a global scale. More than just a campus, this new space is set to become a dynamic creative hub—where emerging talents engage with industry leaders, pushing the boundaries of fashion and luxury,” Marangoni added in a release.
The Marangoni group has expanded steadily and now includes campuses in London; Florence and Milan, Italy; Miami, USA; Shanghai and Shenzhen in China; Mumbai in India, and most recently in Riyadh, Saudi Arabia.
Among Marangoni’s distinguished alumni are Franco Moschino, Domenico Dolce, Alessandro Sartori, Alessandra Facchinetti, Julie de Libran and Rahul Mishra.
Marangoni is part of Galileo Global Education, Europe’s largest for-profit higher education provider, one of whose key shareholders is Téthys Invest, a subsidiary of the Bettencourt Meyers family. This French family’s huge wealth is based on its controlling stake in L’Oréal, the world’s largest cosmetics and perfume companies.
Michael Kors announced on Tuesday the launch of its Amazon storefront, expanding its digital retail presence in the U.S.
Michael Kors launches Amazon storefront. – Michael Kors
The move marks the first time that Michael Kors handbags, ready-to-wear, and accessories will be available directly from the brand through Amazon.
The new storefront immerses shoppers in the brand’s signature jet-set lifestyle, through campaign videos and imagery that transport fans to exotic destinations. An ‘About Us’ page highlights the brand’s history, while behind-the-scenes content and notes from designer Michael Kors add an exclusive touch to the shopping experience.
The Michael Kors Amazon store features dedicated sections for women’s ready-to-wear, handbags, men’s clothing and accessories, footwear, sunglasses, and watches.
To celebrate the launch, designer Michael Kors and actor-musician Suki Waterhouse, who stars in the brand’s newly released Spring 2025 campaign, will host a private dinner for influencers and press at Aman New York.
Michael Kors equally operates digital flagships across North America, Europe and Asia, offering customers a seamless omni-channel experience.