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London Fashion Week Shop to open on Regent Street

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February 13, 2025

The British Fashion Council (BFC) is to open The London Fashion Week Shop on Regent Street from 22-24 February “to provide crucial commercial support for designers” as part of its wider set of events linked to London Fashion Week. 

Regent Street

Curated by fashion buying big names Ida Petersson and Lewis Bloyce, the “archive and discovery space” will see consumers shopping an exclusive archive collection from some of LFW’s equally big names. They include 16Arlington, Ahluwalia, Bianca Saunders, Completedworks, Conner Ives, Helen Kirkum, Johanna Parv and Saul Nash.

They can also sign up to attend a number of exclusive events such as panel discussions, workshops and  piercings by Aurum London.

It’s part of the City Wide Celebration (CWC), the programme of events and promotions open to the public during and after LFW, which take place across the capital’s premier shopping destinations — Regent Street, Oxford Street, Soho and Covent Garden. 

In recent seasons, that has seen the BFC ‘opening up’ fashion week and encouraging more participation by the end user of fashion firms’ products — the consumer. 

The BFC said it’s “committed to opening up LFW to a new audience, providing wider support to the creative community”.

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Fashion

Steven Madden to buy UK-based luxury shoe brand Kurt Geiger in $360 million deal

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February 13, 2025

Shoe designer Steven Madden said on Thursday it would buy UK-based luxury brand Kurt Geiger in an all-cash deal valued at GBP289 million ($360.09 million), expanding its presence in international markets.

The New York-based owner of brands such as Dolce Vita and Betsey Johnson will buy the company from private equity firm Cinven.

Kurt Geiger’s brand portfolio includes KG Kurt Geiger and Carvela. It operates in luxury and premium department stores in the UK such as Harrods and Selfridges.

Steven Madden plans to fund the transaction, which is expected to close in the second quarter, with a combination of cash on hand and debt.

Kurt Geiger had an estimated revenue of about GBP400 million for the 12 months ended February 1, 2025, the companies said.

Steven Madden is expected to post 2024 revenue of $2.25 billion, according to data compiled by LSEG, when it reports fourth-quarter results on February 26.

The company has outlined plans to shift product sourcing out of China to other countries after Donald Trump’s election as U.S. president for a second term.
 

© Thomson Reuters 2025 All rights reserved.



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Ferrari Group IPO priced at €8.6, shares up almost 5% in Amsterdam debut

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February 13, 2025

Luxury logistics company Ferrari Group said on Thursday it priced its initial public offering at €8.60 per share, just above the midpoint of its indicative price range.

Ferrari Group’s shares were up almost 5% in early trading on its debut on the Amsterdam bourse.

The IPO price gave the company an initial market capitalisation of €785 million ($818 million).

The founding family sold 25% of existing shares in the company, with books covered throughout the range on the full deal size, a bookrunner had said last week.

The group was founded in 1959 and focuses on shipping luxury goods such as high-end watches and jewellery.
 

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Prada appoints Silvia Onofri as CEO of Miu Miu brand

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February 13, 2025

Prada has appointed Silvia Onofri as Chief Executive Officer of its Miu Miu brand, the Italian luxury group said on Thursday.

Miu Miu – Spring/Summer 2025 – Womenswear – France – Paris – ©Launchmetrics/spotlight

Onofri, former president of outerwear brand Napapijri, with previous executive roles at Bulgari and Bally, will take her new role starting on February 26.

Former Miu Miu CEO Benedetta Petruzzo left the label in September to join Christian Dior Couture.

Miu Miu, the second largest brand in the Prada Group, recorded strong growth in 2024, with sales almost doubling year-on-year in January-September.

© Thomson Reuters 2025 All rights reserved.



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