March 14, 2022
Luxury Daily’s live news for March 14:
Ferragamo appoints new creative director
Italian fashion label Salvatore Ferragamo has named British designer Maximilian Davis as its new creative director.
Asia, Americas fuel Prada’s strong H2 2021
Italy’s Prada Group finished the 2021 fiscal year on a high note with a double-digit increase in second half retail sales compared to 2019.
Kering adds Hawaii’s Maui Jim to eyewear portfolio
French luxury conglomerate Kering has acquired U.S. sunglasses brand Maui Jim as it expands its eyewear portfolio.
US, EU hit Russia with luxury goods sanctions
The United States and European Union have banned the export of luxury goods into Russia in the latest round of sanctions amid the invasion of Ukraine.