Luxury Daily’s live news for Jan. 28:
Farfetch acquires Violet Grey ahead of beauty expansion
Online platform Farfetch is acquiring luxury beauty retailer, Violet Grey, as it prepares to launch a new category on its platform later this year.
Ferragamo sales grew 31pc in 2021, propelled by Asia Pacific
Italian fashion house Salvatore Ferragamo has reported earnings of 1.13 billion euros, or $1.26 billion at current exchange rates, for the full 2021 year.
Gucci unveils Valentine’s Day zine
Italian fashion house Gucci has collaborated with Los Angeles-based visual artist Ariana Papademetropoulos for an exclusive zine to celebrate an upcoming holiday.
Prada appoints new board members
Italian fashion company Prada Group has announced two additions to its board of directors, Pamela Culpepper and Anna Maria Rugarli, as it prioritizes corporate responsibility.