Burberry invests in supply chain and acquires Italian outerwear manufacturer

Image: Burberry AW23 via Spotlight Launchmetrics Burberry is aiming to strengthen its supply chain with the acquisition of an Italian outerwear manufacturer. The British luxury brand acquired the technical outerwear facility from Pattern SpA, a longtime supplier whose business activities include engineering and production of luxury garments. Burberry acquired the company for 21 million euros in order to guarantee production capacity, as well as build technical outerwear capability, reported WWD. Burberry currently manufactures its iconic waterproof gabardine trench coats in Castleford and Keighley, in Yorkshire, England. Embedding sustainability into Burberry's supply chain Burberry said it worked with Pattern for two decades to produce luxury ready-to-wear including quilts and downs, at the company's product development site in Turin, Italy. Burberry said the acquisition would further embed sustainability into its value chain as well as complement its production facilities at home. Approximately 70 of Pattern’s employees in Turin will join Burberry on completion of the acquisition, expected later this year. Pattern will continue to operate the parts of the business not included in the transaction. Jonathan Akeroyd, CEO, commented: “This strategic investment is an important next step in bringing our outerwear category to full potential. It will enhance our capabilities, building on our strong foundations in the UK, and provide greater control over the quality, delivery and sustainability of our products. It’s an exciting development and I am delighted to welcome our new colleagues on board.” In 2018 Burberry acquired a leather goods manufacturer in Florence, Italy, which has since become a strategic hub for its leather products, covering all areas from prototypes to the finished product.
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LVMH Prize 2023: Nine finalists announced

Image: LVMH, Facebook The finalists for the annual LVMH Prize have been announced by the luxury conglomerate. Twenty-two semi-finalists were initially selected from among 2,400 candidates, before that number was further narrowed down to just the nine below: Aaron Esh (UK, menswear); Bettter (Ukraine, womenswear); Burc Akyol (France, womenswear, menswear, and genderless collections); Diotima (Jamaica, womenswear); Luar (US, womenswear, menswear, and genderless collections); Magliano (Italy, menswear); Paolina Russo (France, womenswear); Quira (Italy, womenswear); and Setchu (Japan, genderless collections). On June 7, the shortlisted designers will present their designs to a jury at the Louis Vuitton Foundation, and a winner will be chosen for the LVMH Prize and the Karl Lagerfeld Prize. Cash prize and mentorship up for grabs The winner of the LVMH Prize for Young Fashion Designers will receive a 300,000 euro endowment and a tailored mentorship by various teams at LVMH, while the recipient of the Karl Lagerfeld Prize will be awarded a 150,000 euro allocation and a one-year mentorship by LVMH teams. Additionally, in collaboration with fashion schools, the event will recognise three newly graduated students who will receive a 10,000 euro endowment with their school, and will join the design studio of one of LVMH’s luxury houses for one year. Members of the jury this year include Jonathan Anderson, Maria Grazia Chiuri, Nicolas Ghesquière, Marc Jacobs, Kim Jones, Nigo, Stella McCartney, Silvia Venturini Fendi, Jean-Paul Claverie, Sidney Toledano, and Delphine Arnault. Arnault said in a statement: “The semi-final of the tenth edition of the Prize has highlighted a great maturity in the approach and work of the designers. Cultural diversity, celebration of traditional crafts and creative audacity define this selection. Naturally, the finalists are fully engaged in dealing with environmental issues and play with the boundaries between menswear and womenswear. “Their expertise, their creativity, their uniqueness and their commitment have truly impressed me. I would like to thank all the experts for their enthusiasm, their involvement and the attention they dedicated to discovering and appraising the work of the designers who took part in the semi-final. The jury members and I look forward to seeing the nine shortlisted designers at the final at the Louis Vuitton Foundation.”
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Balmain and Beyoncé debut Renaissance haute couture collaboration

Image: Balmain Renaissance Couture Balmain has launched an haute couture collaboration with Beyoncé. The French luxury house said it is the first collaboration with and exclusively for a Balmain muse. Creative director Olivier Rousteing found inspiration in the singer’s Renaissance album, together creating 16 designs, one for each track. It is the first haute couture collection where a Black woman had full creative license. Mr Olivier Rousteing is also the first Black man to lead all collections at a luxury house. With looks unveiled in the April issue of French Vogue, Mr Rousteing said Renaissance is more than an album, “it’s freedom, strength, love and a battle for a better future,” as well as sharing the arts of music and fashion together. With initial sketches and a concept, Mr Rousteing approached Beyoncé’s head stylist, Marni Senofonte. It took five months for the team to edit, design and craft the collection, with the atelier moving to Los Angeles in January to finish the final fittings. In a statement Balmain said the collection plays with Balmain house signatures, classic Parisian savoir-faire and a wide range of unexpected materials and techniques to translate Renaissance’s joy and genius into a couture collection that makes clear that something powerful can result when music and fashion are combined into one unified whole. One of the looks, a 'fireworks' dress, in black velvet embroidered with pink feathers, is a testament to craftsmanship. Mr Rousteing said the artisans at Maison Fevrier, the last feather atelier in the world, were ‘pushed hard’ to do something that they had never done before, despite their history of creating the most astounding plumage for Paris’ spectacles de cabaret and haute couture collections.
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Goi Goi founders reacquire retailer from JD Sports

Image: Daniel Gual/URW The founders of streetwear brand Goi Goi are the latest to retake their business from JD Sports Fashion after the conglomerate put a percentage of its portfolio up for sale. Goi Goi was founded in 1987 by Anthony and Christopher Donnelly and was initially acquired by JD back in 2013 when it fell into administration. According to Drapers, the Donnellys have now bought the brand back “for a nominal sum”. Speaking to the media outlet, Anthony said: “It’s [been] 17 years since we had our brand back independently. We pity those less fortunate than us who lost their brands [as they] couldn’t buy their brands back.” It comes as JD Sports continues to reevaluate its business within the independent menswear sector, with it recently announcing the intention to refocus itself on its premium sportswear division. As part of this move, the company recently offloaded its stakes in 15 brands to rival Frasers Group, including Tessuti, Missy Empire and Cricket. Rascal Clothing, which was part of the initial deal, pulled out and instead was similarly snapped up by the brand’s founder Bill Wingrove. Since then, JD has embarked on an ambitious retail expansion strategy, announcing plans to open between 250 to 350 stores a year over the next five years.
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Trendstop Fall/Winter 2023-24 Men’s Catwalk Themes

Trendstop brings FashionUnited readers a first look at the key themes emerging from the Fall Winter 2023-24 runway collections. Across the Fall collections, sustainability underscored many of the key messages and themes of the season. Whether tapping into the rebellious spirit of Gen Z or the contemporary consumer’s desire for comfort and performance, sustainability came through in looks that incorporated DIY upcycling, pre-loved vintage revivals, and versatile, multi-wear technical fashion hybrids. Neo Punk heralds the revival of 1970’s punk and its anti-establishment ethos as young consumers protest and rebel against modern global systems. Encompassing Gen Z’s interest in recycling and upcycling and the DIY aesthetics of the original movement, garments are haphazardly hand stitched, patched together, distressed, and customized with protest-inspired graphics or meaningful slogan. Whilst gender-fluid styles and unexpected silhouettes rebel against traditional masculine codes. The worlds of performance sports and fashion merge as consumers demand more from the products they buy and look for items that work across multiple lifestyle aspects. Technical materials and functional elements are merged with fashion colors and finishes. Garments incorporate subtle high-performance qualities with a softer aesthetic, offering and easy hybrid versatility and everyday wear possibilities. Favourite vintage pieces are rewon and restyled, creatively reusing items or upcycled elements to fashion new contemporary looks. Worn knits and jerseys offer a comforting sense of nostalgia as well as a pre-loved softness. Remade into modern silhouettes or paired with modern technical materials and accessories, a mix and match approach offers interesting pattern and color play. Exclusive Offer: FashionUnited readers can get free access to Trendstop’s Spring Summer 2021 Key themes Directions report. Simply click here to receive your free report. Trendstop.com is one of the world's leading trend forecasting agencies for fashion and creative professionals, renowned for its insightful trend analysis and forecasts. Clients include H&M, Primark, Forever 21, Zalando, Geox, Evisu, Hugo Boss, L'Oreal and MTV.
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Frasers Group acquires shopping mall for 58 million pounds

The Mall, Luton. Image: Capital & Regional Frasers Group has snapped up a Luton shopping centre in a 58 million pound deal as it looks to continue cementing its place in the retail landscape. The Mall, which houses over 150 retailers, was put up for sale by Capital & Regional last year. The real estate investment company said that it “had previously deconsolidated its interest in The Mall, Luton, meaning the gross assets related to the investment are nil and therefore the transaction does not result in any profit or loss on disposal to the group”. In a regulatory filing, the firm noted that the mall had been acquired by SDI (Luton) Limited and SDI (Luton 2) Limited, both of which Mike Ashley, owner of Frasers Group, confirmed were linked to the fashion conglomerate. Capital & Regional will cease its involvement as property and asset manager for the location, as it initially announced on March 2 in its year end results. In the report, the company, which initially bought The Mall in 2006, said that it had generated fees of 1.4 million pounds in 2022. Frasers Group told the BBC that the acquisition provided the group with opportunities “to introduce new elevated store concepts and invest in the scheme”.
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Coperni launches rental offer with Hurr

Coperni SS23. Images: Coperni Parisian luxury label Coperni has joined the rental market through a new exclusive partnership with UK-based rental platform Hurr. The brand, which has become known for its viral runway moments and strong line up of celebrity fans, will now offer a curated edit through the site, including pieces from its current spring/summer 2023 collection. Next to this, items from Coperni’s archive will also be available for rent, namely the brand’s popular Coperni Swipe bag which has made regular runway appearances. Initially launched in 2017 by CEO Victoria Pew, Hurr has developed itself into an established tech-first platform, striving for the mission of becoming “the Airbnb of fashion”, as Pew told Forbes back in 2019. Initially starting out as a peer-to-peer platform, Hurr introduced a white-label service in 2021, allowing retailers to get involved with its rental offer. The site has now welcomed a series of notable partnerships with both premium and luxury brands, from Selfridges and John Lewis to & Other Stories and Mulberry. Its expansion was further fueled by a four million pound funding round later in the same year, which it used to expand its operations and develop its proprietary technology.
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NIQ launches Beauty Trailblazer Programme to support minority-owned brands

Cosmetics cream. Image: Unsplash Market research and data analytics platform NielsenIQ (NIQ) has launched a new Beauty Trailblazer Programme to support minority-owned beauty brands through access to data sets. The three-month programme is open to emerging brand leaders, with selected finalists to gain access to the platform’s data, as well as support from data professionals and mentorship from industry leaders. In a release, the company said that it hopes participants will be able to “supercharge their business plans” through the programme, while also building brand awareness and growing their network. Speaking on the initiative, Kymberly Graham VP, head of diversity initiatives at NIQ, said: “We are thrilled to launch the Beauty Trailblazer Programme and provide support to emerging minority-owned brands in the CPG industry. “We believe that this programme will not only help these brands grow their businesses, but it will also bring diversity and equity to the industry.” To be considered for the programme, brands must be minority-owned and generate less than 20 million dollars in annual sales.
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Destination XL's Q4 comparable sales increase by 10.8 percent

Image: Destination XL retail store. Image credit: Calvin L. Leake via Dreamstime For the fourth quarter of fiscal 2022, total sales were 143.9 million dollars compared to 133.5 million dollars for the fourth quarter of fiscal 2021. Comparable sales for the quarter increased 10.8 percent, driven by a 13.2 percent comparable sales increase from stores and a 6.2 percent increase in the direct business. For fiscal 2022, total sales increased 8.1 percent to 545.8 million dollars, while comparable sales increased 10.9 percent, with stores up 11.3 percent and the direct business up 9.9 percent. “We exceeded our sales and margin plan this year, in both our stores and direct business, with an increase of 10.9 percent in comparable sales which we believe was driven by the brand’s strategic transformational repositioning,” said Harvey Kanter, the company’s president and chief executive officer. “We are planning for sales in fiscal 2023 of 550 million dollars to 570 million dollars and an adjusted EBITDA margin of 12.5 percent to 13.5 percent,” Kanter added. DXL's fourth-quarter and fiscal 2022 results The company said, sales for the quarter started slowly with comparable sales for November up 2.7 percent, but accelerated 10.8 percent in December and then up 23.7 percent in January. The incremental increase in comparable sales in January was largely driven by store traffic. All regions of the country performed well in the fourth quarter with the southeast and south central stores our strongest performers. The company added that the growth in the direct business of 6.2 percent was driven primarily by web and app. Similar to the fourth quarter, all regions of the country performed well in fiscal 2022 with southeast, south central and northeast stores our strongest performers, and direct growth driven primarily by web and app. Net income for the fourth quarter was 8.3 million dollars or 13 cents per diluted share compared to 9.9 million dollars or 14 cents per diluted share. Net income for fiscal 2022 was 89.1 million dollars or 1.33 dollars per diluted share compared to 56.7 million dollars or 83 cents per diluted share. Adjusted EBITDA for the fourth quarter was 14.2 million dollars compared to 14.3 million dollars for the fourth quarter of fiscal 2021. For fiscal 2022, adjusted EBITDA was 73.8 million dollars compared to 76.9 million dollars for fiscal 2021. Over the next three to five years, based on our preliminary store development plan, the company could potentially open up to 50 net new stores. For fiscal 2023, the company plans to convert 10 of the existing casual male XL stores to DXL stores, remodel five existing DXL stores, close five stores and open three new DXL stores.
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Morocco Fashion Week highlights the talents of the Arab world

Image: Designer Lamia Lakhsassi and her models | Credit: Paul Tomasini While being a field of inspiration for many French designers, Morocco is now also setting up its own Fashion Week. The second edition took place on March 10 and 11, 2023, in Marrakech. The cosmopolitan event offered visibility to 17 designers, with the intention to make the Arab creations shine beyond the borders of their country. The event started in the M Avenue, a newly built promenade lined with fashion boutiques, located outside the Medina, which is conveniently in close proximity to a slew of prestigious hotels. Its brand new cultural building, the Meydene, hosted the ready-to-wear shows on Friday March 10. The scouting of new locations for the Morocco Fashion Week are in full swing and are organised by the Oriental Fashion Show. The Paris-based association is known to French industry professionals as it has already planned the shows several times in the capital before. With 18 years of experience, the Oriental Fashion Show is now the official organiser of the Morocco Fashion Week. Its president, Hind Joudar, confirmed to FashionUnited that the name "Morocco Fashion Week" has been registered at the INPI (Institut National de la Propriété Industrielle). Image: Design by Marine El Himer | Credit : Paul Tomasini Modest fashion amid diverse designers Many designers showcased modest fashion pieces, which are garments that are meant to cover up the majority of the body. Some of the outfits were accessorised with hijabs and aimed at Muslim women, an important target audience since the global Muslim population is now estimated at 2 billion people. This demographic group is quite young: 70 percent of its population is under 40 years old, while generations Z and Y represent 50 percent, according to figures from the Mastercard-Crescentrating Global Muslim Travel Index 2022 report. The range of offered caftans and abayas was as varied as the origin of its designers. Part of the creators were not only Moroccan but also Palestinian, French, Lebanese and Kazakhstani. To be found on the catwalk: established designers like Bernard Jabbour (Lebanon) as well as young graduates who came to participate in a competition for young talents. The announced winner was Donia Shehadeh, who created satin evening dresses with voluminous needle work and sensual cuts. She will have the opportunity to present her collection in France, during the Paris Fashion Week, and in the Oriental Fashion Show. Image: On the right, designer and winner of the contest: Donia Shehadeh | Credit: Paul Tomasini Donia Shehadeh studied fashion at the Accademia Di Moda, located in Nazareth, which was founded by Saher Okal, the winner of Project Runway Middle East, season two. He says: "I was in Italy to study fashion and it was very difficult for me. I received a scholarship from someone to study fashion in Italy and the moment I started learning, I thought 'I have to help all the new talents in my country'. That's why I decided to open a fashion academy in Palestine. Not everyone can afford to travel somewhere else to study fashion, so I thought I should help people in my country to learn about design on the spot, at home, in my country." On March 11, Omri Elayan, another Palestinian designer, took the runway under the lavish chandeliers of the Royal Mansour, a historic luxury hotel in Marrakech. The fashion designer from the Shfaram region in the Galilee is, according to a press release, considered the "first designer of men's clothing in Palestine". His collection revolved around dark suits, embellished with sequined embroidery, feathers and transparent materials and included a line of items for both men and women. Image: Collection by Omri Elayan | Credit: Paul Tomasini Another name to remember is that of Zineb Hazim. The designer of Moroccan origin and Italian nationality seduced the public of Meydene with the creativity of his modest fashion. Her collection named "Abaya Street Couture" was composed of non-revealing outfits, dotted with golden or bright blue sequins. The play of materials and the imposing volumes exposed a stomach or a leg from time to time, demonstrating that modest fashion could address all women. Image: Designer Zineb Hazim and her models | Credit: Paul Tomasini The project of an Arab Fashion Week consortium The biannual event that now represents the Morocco Fashion Week seems set to last in the future. Hind Joudar additionally announced a major upcoming project, the introduction of a consortium of Arab Fashion Week. "With Morocco Fashion Week, Kazakhstan Fashion Week, Azerbaijan Fashion Week and Tajikistan Fashion Week, we are building a project called Fashion Industry. In collaboration with all the talents of these different regions, we are in the process of making a designer exchange partnership," says Hind Joudar. The president says: "We have been working for 18 years in the organisation, the label Oriental Fashion Show, and thanks to it we were able to support the development of Azerbaijan Fashion Week and Kazakhstan Fashion Week. We have always been by their side." The Fashion Industry project will be "kind of like a fashion Erasmus" explains Hind. The Morocco Fashion Week will send its Moroccan designers to other capitals of the Arab world as Kuwait and will continue to cast foreign designers. She adds: "It is a synergy between young talents. There is a new generation that sees fashion differently, we are no longer in large institutional houses as before. Now, young people want to be free, but we must support them. This Fashion Week will be a platform of visibility for them.” Image: Collection by d'Omri Elyan | Credit: Paul Tomasini Julia Garel was invited by the Oriental Fashion Show and travelled to Marrakech. This article originally appeared on FashionUnited.FR. Translation and edit by: Cenia Zitter.
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Caleres enjoys ‘record-setting’ year following bumper Q4 sales

Image: CEO Jay Schmidt and former CEO Diane Sullivan | Credit: Caleres US footwear group Caleres has reported record sales in both its Q4 and full-year results. The company made net sales of 696.4 million dollars in the quarter ended January 28, up 2.5 percent from the 679.3 million dollars it made a year earlier. Breaking it down by segment, Famous Footwear segment sales increased 0.1 percent, while Brand Portfolio segment sales rose 6.4 percent. Direct-to-consumer (DTC) sales represented approximately 75 percent of total net sales in the period. The group’s net earnings in the quarter widened to 40.8 million dollars from 33.9 million dollars a year earlier. For the full year, the company posted a 6.9 percent increase in net sales to 2.97 billion dollars, with net earnings of 181.7 million dollars, up from 137 million dollars. ‘Record-setting’ 2022 Chief executive and president Jay Schmidt told investors: “Caleres closed a record-setting 2022 with another quarter of strong sales and earnings performance that exceeded initial expectations. “Our fourth quarter results were led by our Brand Portfolio, which experienced strong growth in sales, gross margin, and earnings, and a solid performance from Famous Footwear, which continues to provide the brands, trends, and value aligned with consumer preferences.” Looking ahead, the company now expects consolidated net sales to be flat to up 2 percent for the current year, while it expects earnings per diluted share to be in the range of 4.10 dollars to 4.30 dollars. “This outlook balances strong momentum in our business and structural improvements in our earnings ability against anticipated headwinds that include inflationary pressures, higher interest rates, and continuing uncertainty in the macro-economic environment,” the company said.
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Khaite snaps up new investment partner to support next growth chapter

Khaite AW23, New York Fashion Week. Image: Hanna Tveite, Khaite New York brand Khaite has reportedly secured a new investment partner to support its next stage of growth. Stripes is believed to be the growth equity firm behind the move, set to provide funding that will help Khaite embark on a new chapter of business. Founder of the brand, Catherine Holstein, told WWD: “This is an exciting chapter for Khaite. “After opening the first store on Mercer Street in February, we are strategically looking ahead to continue to grow and strengthen our presence on a global scale.” Stripes already has a strong foothold in the industry, with past investments in the likes of intimates brand Parada and footwear company On. Its operating partner, Brigitte Kleine, has also served as president at Tory Burch, Michael Kors and Alexander McQueen, among others. Founded back in 2016, Holstein launched Khaite alongside an initial investment from Adam Pritzker of Assembled Brands, who told WWD that Stripes would be “leading the next phase for this company”. Pritzker added: “Co-founding and building Khaite has been an honour. In partnership with Cate, we accomplished the extremely audacious goal of building the foremost American luxury brand. “The next stage of investment will further accelerate Khaite’s expansion and ensure greater visibility for an already iconic brand that is redefining American luxury.”
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Louboutin on 30 years of red obsession

Image: Christian Louboutin It was 30 years ago that Christian Louboutin borrowed his assistant's nail varnish to fix a problematic sole and inadvertently created a design that would make him globally famous. It was 1993 and Louboutin, then 30, was examining a pink and purple shoe prototype. The black sole was too dominant, he felt, and so called for his assistant. "I took the nail polish and erased the black. I wasn't thinking to add the red," he recalled to AFP in his brightly decorated Paris apartment. "But suddenly it was a revelation!" The earlier idea of releasing a different colour sole each season never materialised. "People who don't like to wear colours still like red," he said. "The obsession began with the fact that red is more than just a colour for me. "I have very early memories of women dressed in black but already with red nails and lips. It began with cinema, the actresses of the 1950s like Sophia Loren." He marked the 30th anniversary of his famous red sole this week with a dance performance at the Opera Comique and will soon open his first hotel in Portugal named "Vermelho" (Red). The black stiletto with the red sole remains his best-selling model, despite the range of flats and mid-heels. He rejects the idea of heels as anti-feminist, saying he delights in seeing customers put on a pair of stilettos and admire themselves "front, profile and back" without caring what their "husband, boyfriend or girlfriend will think". Or little girls trying on their mother's heels without anyone telling them to: "There is a kind of infantile pleasure in seeing life from a little higher up." For him, heels are a symbol of female empowerment. He thinks of Tina Turner in her heyday, or Beyonce now, teetering on heels but incarnating "feminism, much more than someone who lets themselves go". With the passing of lockdowns and lounging around in pyjamas, it is time to celebrate, he added. His new collection, inspired by flamenco, sees him collaborate with Rossy de Palma, the flamboyant Spanish star of many Pedro Almodovar movies. "I like singular people, and there is only one Rossy," he said. "Someone who exudes amusement, pleasure, laughter, everything."(AFP)
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Express COO Matthew Moellering to retire in May

Image: Express store, Business Wire Fashion apparel retailer Express, Inc. has announced the retirement of the company’s president & chief operating officer, Matthew Moellering, effective May 5, 2023. “Matt has been an exceptional leader who has made significant contributions over the last 20 years including being a key driver of the Expressway Forward strategy and an integral part of our transformation. He has also been an invaluable thought partner to me over the last three years, offering the full breadth of his experience and perspective, and I appreciate his conviction for our corporate strategy and his commitment to ensuring a smooth transition for his successor,” said Tim Baxter, the company’s chief executive officer. Moellering, the company said in a statement, has been with Express since 2003 and was appointed to his current position in September 2019. He served as interim CFO from October 2021 to March 2022 and interim CEO & president from January – June 2019; was appointed as COO in 2011 and previously served as CAO & CFO from 2009 to 2011, and CFO from 2007 to 2009. “I have had an incredible experience over these last 20 years and especially enjoyed the last few years working with Tim to launch and advance the Expressway Forward strategy, and with this executive leadership team to transform the Express brand and begin a bold new chapter that will transform the company. I am confident that the new strategic partnership with WHP Global will create a bright future and position the company well moving forward,” added Matt Moellering. The company added that he was an instrumental member of the executive leadership team that took the company public in May of 2010. Prior to joining Express, he held leadership roles at Procter & Gamble from 1995 to 2003. Moellering was also an officer in the United States Army and is a graduate of the United States Military Academy and the Fuqua School of Business at Duke University.
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Arezzo acquires Italian footwear label Paris Texas

Image: Paris Texas via Paris Texas Facebook Arezzo, the Brazilian footwear conglomerate, has taken a majority stake in buzzy shoe label Paris Texas. Arezzo & Co. invested 25 million euros to acquire 65 percent of the Italian label founded in 2015, according to Footwear News. Sales by the young company are thought to be around 15 million euros in 2022. Paris Texas was launched Annamaria Brivio with backing by Massimo Baltimora, of Baltimora Studio, both of whom will stay on as executive officers of the brand until at least the end of the fiscal year of 2027. This is Arezzo’s first international acquisition, which has seen the company achieve record growth last year. In Q3 2022 Arezzo said it sold 5.8 million pairs of shoes and 826,000 handbags. Overall sales increased 47 percent to 1.4 billion reals, approximately 252 million euros. The brand describes itself as Parisian elegance meets the Western wild spirit in a unique creation called Paris Texas.
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