Italian handbag and luggage brand Mandarina Duck, owned by Korean group E-Land, is steering a steady course through a turbulent 2025. The brand is forecasting a revenue of €33.5 million for fiscal 2025, and expects to keep growing next year across all distribution channels, from direct retail to wholesale and e-tail.
Mandarina Duck, Fall/Winter 2025-26
Mandarina Duck’s retail footprint currently extends to approximately 600 retailers worldwide via the wholesale channel, 10 monobrand stores in Italy, two corners at El Corte Inglés department stores in Spain, the outlet stores at La Roca Village and Fidenza Village, as well as the recently revamped e-shop. The brand has told FashionNetwork.com the latter will soon be operational in a new market, Canada.
Mandarina Duck’s most recent physical stores feature the interiors concept first introduced with the store at Bergamo airport in Italy. It is the same adopted by the brand for the restyling of its stores in Venice, Florence Por Santa Maria and Bergamo, as well as the recent opening in Verona. A Mandarina Duck spokesperson told FashionNetwork.com that the concept “aims to standardise the brand’s retail image across all stores, reflecting Mandarina Duck’s values of movement, discovery and innovation, and offering customers an immersive, consistent in-store experience.” Mandarina Duck added that “the plan is to gradually upgrade all existing stores with the new look. The brand’s new spaces, whether physical or digital, will no longer be mere purchasing venues, but places of discovery and inspiration, forging a relationship with an increasingly demanding, connected audience.”
Mandarina Duck, Fall/Winter 2025-26
In 2025, monobrand stores are set to account for 30% of the revenue of Mandarina Duck, a brand inspired by travelling and the mandarin duck’s colourful plumage, with the wholesale channel accounting for 60%, e-tail for 5%, and other channels for the remaining 5%.
In terms of Mandarina Duck’s wholesale revenue, exports account for 59% of the total, and no new market openings are currently planned. Online sales outside Italy account for approximately 60% of the brand’s e-tail revenue, which is growing vigorously in both EU and non-EU markets.
In the campaign for the Fall/Winter 2025-26 collection, whose first drop is now available online and at physical stores, Mandarina Duck has paid tribute to Rotterdam’s architecture through a narrative focused on smart travelling with a light-hearted, stylish and insightful spirit. Piet Blom’s celebrated Cube Houses – a radical housing project developed in the 1970s by one of the Netherlands’ master architects – are an invitation to travel and make discoveries with a fun mood. The Cube Houses, conceived as a ‘house forest,’ act as inspiration for journeys in which adventure blends with leisure, and where choosing a hostel over a hotel places the unexpected wonder of human connections ahead of luxury. The campaign was devised by Mandarina Duck to showcase Rotterdam as a stage on which innovation and tradition converge, through the elegance of Erasmusbrug, known as ‘the swan,’ a bridge that symbolises the city’s urban charm, and the MVRDV-designed Depot, a section of the Boijmans Van Beuningen Museum, the world’s first art repository open to the public and an art curation benchmark.
Mandarina Duck, Fall/Winter 2025-26
The Fall/Winter 2025-26 collection includes the new Hunter Velvet model, a fresh interpretation of the Hunter design featuring soft velvet textures, available in four colours. Hunter Velvet is designed for city exploration, adding a chic touch to the line’s urban dimension. The Y-Lite line is made for escapades and city breaks, and features ultra-light materials and dynamic designs. New this season are the Smartduck line, designed for modern and stylish travel with its pared-down, functional shapes and useful compartments, and the Skyduck line, tough and lightweight, while a new version is available for the well-established Eco Coated line, made with 100% recycled polyester fabrics.
Louis Vuitton has named Grammy Award–winning artist Future as its newest ambassador, deepening the maison’s ongoing commitment to celebrating talent across cultural landscapes.
Louis Vuitton names Future as its newest ambassador. – Louis Vuitton
The Atlanta-born rapper, producer and composer continues to dominate the global music landscape. Most recently, he released back-to-back chart-topping albums, “We Don’t Trust You” and “We Still Don’t Trust You”, which became an international phenomenon and further cemented Future’s status as a cultural trailblazer. Over the course of his career, Future has earned 11 number-one albums and multiple chart-leading singles.
“Future embodies the core values of Louis Vuitton, including creativity, artistry, and a pioneering spirit that resonates with international audiences,” the maison said in a statement. “His unique style and creative vision make him an invaluable addition to the Louis Vuitton family.”
It’s not the first time Future collaborates with Louis Vuitton. He attended Louis Vuitton’s Men’s Spring–Summer 2026 show in Paris at the invitation of Pharrell Williams, a longtime friend and creative collaborator. Earlier this year, Future also appeared at the 2025 Met Gala, themed “Superfine: Tailoring Black Style,” wearing a custom Louis Vuitton grey quarter-zip ensemble layered with a tie, designed by Williams.
Rent the Runway announced on Monday sales for the third quarter rose 15.4% to $87.6 million, with the U.S. rental platform clocking growth across its subscriber base.
Rent the Runway
The New York-based firm said ending active subscribers grew 12.4% to 148,916 during the three months, and average active subscribers totalled 147,645, up 12.9% on the prior-year period.
Meanwhile, total subscriber numbers lifted 6.1% to 185,166 during the quarter ending October 31.
In line with strong sales growth, the company reported a net income of $76.5 million, as compared to a loss of $18.9 million in the third quarter last year.
“This year we’ve repositioned ourselves for sustained growth in the category,” said Jennifer Hyman, co-founder and CEO of Rent the Runway.
“Not only did we execute operationally on our stated goals to return to our customer-obsessed origins, reinvigorate our brand, and drive double-digit growth in subscribers; but we also restructured our balance sheet, closing the recapitalization transactions in October that offer improved financial flexibility to better position us for continued growth.”
Earlier this year, Rent the Runway said it will hand over a controlling stake in the company as part of a plan to cut debt and grow.
The deal, with lender Aranda Principal Strategies and other partners, will wipe more than $240 million of debt from Rent the Runway’s balance sheet, according to an emailed statement released in August.
Looking ahead, Rent the Runway said it forecasts revenue of between $323.1 million and $325.1 million for the full-year.
Elisabetta Caldera, 55, has been named global chief people and organization officer for Chanel Ltd., succeeding Claire Isnard, 64, starting next month, the company told Bloomberg News in a statement.
Isnard is retiring after more than 17 years at the group, which had a workforce of around 38,400 employees last year. Caldera will join Chanel’s leadership team, reporting to Chief Executive Officer Leena Nair, and be based in London.
Caldera spent more than four years as global chief human resources officer at Aegon Ltd. where she was also part of the insurer’s executive committee. The Italian executive previously spent 17 years at Vodafone Group Plc in various HR roles until 2021 when she joined Aegon.
Under CEO Nair, the former head of HR at Unilever Plc, Chanel has been rebuilding the roster of top managers at the company as an older guard retires.
Chanel, known for its No. 5 fragrance, is privately owned by the billionaire brothers Alain and Gerard Wertheimer whose fortunes are estimated at about $43 billion each, according to the Bloomberg Billionaires Index.
The company, founded in Paris but headquartered in London, reports its financial performance once a year, generally around late May. Revenue fell 4.3% to $18.7 billion in 2024 on a comparative basis with operating profit sliding by almost a third partly due to heavy advertising spending and a rise in hiring.