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Kiton ends 2025 with €230 million in revenue, debuts on Milan’s Via Montenapoleone

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January 19, 2026

Kiton closes FY2025 with revenue up 3% at €230 million, and announces its arrival on Milan’s Via Montenapoleone in September.

Kiton, FW 2026/27

The Neapolitan men’s luxury brand grew “consistently across all regions, with the United States confirming its position as the leading market,” the company’s CEO, Antonio De Matteis, tells FashionNetwork.com.

For 2026, the company “already has a significant order book and we are quite confident. Right now, quality pays. End customers are looking for companies of great quality,” the CEO continues.

Today Kiton has 67 single-brand boutiques, which it aims to increase to 70 this year, including through a major investment in Milan. “In September we will open our second flagship in Milan, on Via Montenapoleone. It will be a very important step for us. We are not relocating; we are doubling up. We already have a 250 square-metre, two-storey space,” De Matteis reveals.

The focus on the wholesale channel has also been renewed. “I call it the training ground for companies, where they can test themselves against their competitors. Today the big department stores are the ones suffering; we hope this phase will pass. We remain convinced that wholesale will never end, because customers always enjoy shopping where they can see a broader selection of items,” says the entrepreneur.

In terms of product range, Kiton has turbocharged its accessories. “My nephew, who oversees the line, is doing an excellent job. The third generation is bringing us great satisfaction. KNT is also doing very well. It remains our great laboratory where we experiment with fabrics, patterns, proportions, and silhouettes. It is a tremendous help to the company. It shows us how far we can push and how far our end customer is willing to go,” De Matteis continues.

Kiton’s number one then downplays the impact of Trump’s tariffs. “The biggest issue this year has been the effect of exchange rates. Tariffs were not a problem, but we suffered a lot from the dollar’s depreciation. It costs us a few million in revenue and margin. Today the euro is too strong; it penalises us. We sell a year in advance, but ultimately we take in less,” notes the CEO.

In Milan, the brand presented its latest collection inside a “cinema” that shone a light on the behind-the-scenes of the historic tailoring house. “At a time when the supply chain is being called into question, we show how our garments are made. We own 100% of all the companies that make our products. ‘The Truth of Making’ is an expression of our transparency,” says De Matteis, who concludes with an anecdote from the founder, Ciro Paone. “My uncle used to say ‘The customer forgets the price and remembers the quality’.”

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Beauty and fashion demand helps Landsec’s Golden Quarter performance to sparkle

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January 19, 2026

Landsec’s prime shopping destinations had a shining Golden Quarter in terms of both sales and footfall with health & beauty (+13%) and clothing (+5%) sales becoming “the strongest-performing categories” across its major retail destinations.

Bluewater

The key quarter, which includes Christmas trading, “maintained healthy consumer demand, exceeding last year’s impressive figures and pulling further ahead of market averages”, the commercial property giant said in a trading statement Monday (19 January).

With Liverpool One and Bluewater in Kent among its portfolio of key shopping/entertainment destinations, total Golden Quarter sales rose 4.9% year-on-year, “significantly outperforming the national retail benchmark”, which it notes fell by 0.2%. And during the three peak Christmas shopping weeks, sales were up 6.5% year-on-year, it added.

Footfall across Landsec’s major shopping centres and outlets also rose by 0.7% over the quarter, compared with the national benchmark of -0.3% across the wider market, “supported by strong seasonal momentum”.

Since FY22, its retail destinations have also seen cumulative sales growth of 20%, outperforming the UK national average by 17ppt, it also noted.

Performance-wise, health & beauty’s particularly strong showing was helped by four out of the six new Sephora stores opened in the UK over the past 12 months having been at Landsec destinations, it added.

And let’s not forget the rising importance of leisure and hospitality, with both also playing key roles in consumer engagement, seeing a 6.2% growth in sales.

“This category also played a key role in increasing dwell times across Landsec’s centres, reinforcing the importance of [our] experience-led strategy in supporting retail spend and repeat visits”, it noted.

Bruce Findlay, managing director of Retail at Landsec, added: “Consumers continue to seek out destinations which combine a wide selection of the best brands with best in class experiences. This was certainly true during the Golden Quarter with sales and footfall for prime retail once again ahead of the wider market.

“With a reach of one in four UK consumers, we offer brands more footfall than any other retail platform. By combining this reach with the powerful data insights available to us, we’re creating a self-reinforcing growth engine that delivers higher sales and attracts the world’s best brands.”

He added: “Alongside a strong leisure and hospitality offer, we provide compelling, experience-led retail environments, positioning us well for continued success as we look ahead to 2026.”

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Frasers Group integrates Sports Direct membership into Frasers Plus

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January 19, 2026

UK retail giant Frasers Group has announced the integration of  Sports Direct Membership into its ‘Frasers Plus’ loyalty scheme “to create one unified, rewards platform” from February.

Frasers Group

Aiming to widen its customer loyalty offer, Frasers Plus is the group’s credit payment account “that rewards customers every time they shop across the Frasers Group portfolio and partner retailers”. 

With this integration, users “will gain access to even greater rewards with more exclusive benefits and personalised offers” the group said.

Frasers said the move marks a new chapter in its digital elevation as it unifies Sports Direct Membership’s loyalty and rewards offerings under Frasers Plus.

The integration “simplifies the customer shopping experience” across the group’s portfolio (Sports Direct, Flannels, and Frasers) and 16 partner retailers (including LookFantastic, Myprotein, Marks Electrical), “providing a single destination for rewards, personalised offers, and flexible payment options” in the Frasers Plus app.

David Twigg, MD of Frasers Group Financial Services, said: “This is an exciting step forward for Frasers Plus. By integrating Frasers Group’s existing loyalty offerings under Frasers Plus, we’re building on important learnings from the past year about how our customers like to shop and streamlining the customer experience to deliver a more powerful, personalised, and cohesive rewards proposition across the full Frasers Group portfolio and partner retailers.”

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Liberty London promotes King as its new retail MD

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January 19, 2026

Liberty London has promoted Lydia King to managing director of retail, effective immediately. She replaces Sarah Coonan who stepped down from the lead role in November, following 15-years with the high-end department store.

Lydia King

King, previously group buying and merchandising director responsible for shaping buying strategy across fashion, beauty and lifestyle divisions, will now take on the store’s wider remit.

Liberty said the appointment reflects its “focus on strengthening retail leadership while continuing to evolve its offer for a modern, international customer, without remaining rooted in its heritage of creativity, curation and cultural relevance”.

King joined Liberty from Harrods where she was fashion director overseeing womenswear, accessories, shoes and childrenswear. She also spent 13 years at Selfridges, across womenswear buying and as merchandising director.

She said of her promotion: “My focus will be on continuing to evolve Liberty’s retail experience, championing exceptional product and ensuring our flagship store remains one of the most inspiring places to shop in the world.

“Having worked closely with the teams over recent years, I’m incredibly proud of what we’ve achieved together and excited to step into this role at such an important moment for the brand.”

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