Fashion
Watches of Switzerland says UK and US see “consistently strong trading” in H1

Published
September 3, 2025
Watches of Switzerland Group (WOSG) updated on its recent trading on Wednesday with the former high-flyer delivering good news about its core UK and US markets. This is despite the tariff carnage of recent months and was a positive development after a series of earlier weaker reports had sent its share price down over 40% this year alone.
The company last week became the latest big name to urge the government to restore VAT-free shopping for tourists (the lack of which has been dubbed a ‘tourist tax’). But it said it’s “pleased with our performance in the 18 weeks to 31 August 2025 and are on track to deliver a good H1 FY26 in line with our expectations. We have seen consistently strong trading throughout the period, particularly in the US, despite the announcement of increased tariffs on Swiss imports. The stability we saw in the UK luxury watch and jewellery markets during H2 FY25 has continued, and we have delivered good year-on-year growth. Registration of Interest lists continue to grow in both markets”.
It was also upbeat about “the success of the flagship Rolex Boutique on Old Bond Street, London, which is exceeding our expectations”. We’re told that the response from clients “has been excellent and traffic levels and conversion rates are very good. The Rolex Certified Pre-Owned salon on the lower ground floor is fast becoming the destination for Rolex aficionados”.
Clearly the combination of a Bond Street address and the Rolex brand is proving to be a winning formula, even though London shopping tourism remains muted due to the aforementioned tourist tax.
The company’s e-commerce sales have also shown good growth, particularly in the US following the upgrade of its signature webstore.
And the group’s “well-established” Certified Pre-Owned business is “growing well in both markets, and we see significant opportunity for growth in this dynamic category”.
The firm’s earlier acquisition (in May 2024) of Roberto Coin Inc is “performing strongly” too. The company plans to “grow and develop the Roberto Coin brand” and has launched a campaign featuring Dakota Johnson as global brand ambassador.
Looking at the wider WOSG business, it said that “elevation and brand expansion within our own showrooms is proving very successful. We continue to develop and refine the offering and there are opportunities to extend this to our retail partners”.
It’s signed leases for three monobrand boutiques and the construction of newly designed boutiques in Miami, New York and Las Vegas is under way with openings due in Q3 of its 2026 financial year, which means they’ll be open before the end of November.
Showrooms remain a big focus for the business and it has recently refurbished Northern Goldsmiths, Newcastle, which has been retailing Rolex since 1919, as well as opening the Audemars Piguet AP House, Manchester, operating as a joint venture.
The new Mappin & Webb Luxury Jewellery Boutique, Manchester is now complete and opens this week. This jewellery boutique has geographical exclusivity for several luxury jewellery brands, including WOSG’s first De Beers monobrand boutique.
Outside of its domestic market, the relocated Mayors Lenox, Atlanta also opened last month. And the Q4 FY25 openings of Mayors Jacksonville, Florida and Watches of Switzerland Plano (its first showroom in Texas) “have got off to an encouraging start”.
Further showrooms are being developed/opened for this financial year including the new Watches of Switzerland Southdale, Minneapolis and the relocation of Mayors University Town Center Sarasota, Florida. In the UK, it will complete the Mappin & Webb Birmingham conversion, the relocation of Goldsmiths Merry Hill, Birmingham and the expansion of Goldsmiths Oxford.
There’s a lot of activity happening and some major investment cash going into it. The company didn’t say what impact this is having on profitability and didn’t specify any monetary figures in the outlook it delivered on Wednesday. But it did say that “performance in both markets is encouraging and in line with FY26 guidance provided in July 2025. We do not anticipate any material impact from the US tariffs in H1 FY26 as brand partners have increased inventories as shown by Swiss Watch Exports in July 2025 (+45% vs prior year)”.
Copyright © 2025 FashionNetwork.com All rights reserved.
Fashion
Columbia to open only Scottish store at Livingston Designer Outlet

Published
September 4, 2025
US retail giant Columbia Sportswear is to make its Scotland debut at the Livingston Designer Outlet. The brand is set to open its new space on 16 October, strengthening the destination’s outdoor offer while also “filling a gap in the Scottish market and supporting Columbia’s wider UK and European growth momentum”.
Livingston, which is Scotland’s largest outlet destination, will see the brand open a 2,359 sq ft space, allowing for a vast array of the outdoor clothing and accessories the brand’s known for. Consumers can expect up to 30% off retail price within the new store, “further underscoring the advantages of retail shopping”.
Marcel Miséré, Europe retail director for Columbia Sportswear, said: “We’re seeing exceptional performance across our European and UK locations, with strong like-for-like sales growth. We’re confident that our new store in Livingston will contribute meaningfully to this momentum and strengthen our presence in the UK market. As we look ahead, we remain committed to expanding our footprint across Europe and the UK, with several exciting store openings planned in the coming year.”
With Columbia joining peers The North Face and Regatta Great Outdoors, the centre’s operator spokesman, Nick Lovell, added: “The arrival of Columbia adds to [our outdoor offer] significantly. The brand’s first Scottish store is an exciting addition for our existing and new customers, while it also aligns with our vision to grow quality retail offering and provided added value within the centre.”
Copyright © 2025 FashionNetwork.com All rights reserved.
Fashion
Giorgio Armani remembered

Published
September 4, 2025
Giorgio Armani, who passed away peacefully among his family in Milan on Thursday, will be remembered as one of the greatest single Italian designers and the figure who spearheaded the remarkable renaissance of Italian fashion in the post-war era.
It’s hard to overstate the importance of Armani in fashion and design, especially following his passing, and his remarkable name recognition wherever one travels. In fact, if one were to ask a passing stranger to name a fashion designer, Giorgio Armani would be the most likely choice.
Those of us who had the honor to spend time with Armani – from Milan to New York, from Shanghai to Tokyo – were always struck by the easy grace with which he handled fame. When meeting Giorgio, Gulf sheiks placed their hands on their hearts; in Hong Kong he stopped traffic when strolling to lunch; in Milan shows movie stars and Oscar winners greeted him backstage with the deepest of bows. Once, when walking with him near the Spanish Steps in Rome, a passerby stopped him and insisted on kissing his hand. Which he gently accepted, before turning to me in a Shakespearean aside: “You know, I didn’t pay her ahead of time to do that!”

Though he became enormously wealthy and famous, he wore his success with levity and grace. He spoke to young assistants, security guards or total strangers with the same avuncular tone with which he addressed heads of state. Though courtly, precise and ironic in manner, Armani could have a volcanic temper, but only when he felt his own exacting standards were not being met.

Today, it’s impossible to travel to any major city and not find some of Armani’s influence. His various elegant collections – Armani Privé, Giorgio Armani, Emporio Armani, Armani Exchange – along with his network of Armani cafés, Armani/Dolci and Armani/Casa stores all herald the blend of refined minimalism and Oriental fantasy that was his signature style.
And in an era when just about every designer sold control of their brand – Dior, Chanel, Valentino and Versace, to name a few – Armani left this life as the sole owner of his massive empire. Last year alone, Armani scored a net profit of €398 million on a turnover of €2.3 billion.

Although he left his hometown of Piacenza in the early 1950s to study medicine in Milan, after completing two years of compulsory military service, he shifted his career and became a window dresser in Italy’s largest department store, La Rinascente. That early training in display and editing remained with him all his life, as I noticed on a journey with Armani to open his first hotel inside the world’s tallest building – the Burj Khalifa in Dubai in 2006. During a morning visit to an Armani café in a mall, Giorgio spent 45 minutes altering lighting, repositioning chairs, straightening waiters’ shirts and folding napkins just so.
Like a true aesthete, he devoted his life to creation, and only when he was 100 percent satisfied would he consider socializing. On another occasion, I spent a day following Giorgio when he staged his first “Armani One Night Only” in London, an outlandishly cool and huge bash to support the fight against AIDS in Africa and Bono’s charity RED. Staged inside Earl’s Court, done up like an Ibiza nightclub, with Leonardo DiCaprio, Alicia Keys, Lady Helen Taylor and Minnie Driver in the audience; Elle MacPherson and James Franco serving as MCs. After several runway shows, Beyoncé performed “Crazy in Love”; Bryan Ferry sang “Slave to Love”; and Alicia Keys and Andrea Bocelli serenaded Giorgio. But what most sticks in my mind was the night before, when Giorgio was meticulously editing the collections, and his communications director quietly reminded him he was expected at a dinner in his honor with Tony Blair. Whereupon Armani harrumphed: “Qui, sto lavorando! Here, I am working!” dismissing the very idea he might leave a job early to meet a prime minister. Forget that.
An autodidact, Armani received his first lessons in making clothes from his mother and would later name both of his fabulous superyachts Mariù in her honor. After spending a decade working his way up in fashion, Giorgio—encouraged by his partner Sergio Galeotti—first opened a design office, then launched his own brand in 1975, reportedly financed by the sale of his Volkswagen.

By October 1975, Giorgio staged his first menswear collection to immediate acclaim. It was a pivotal moment when a group of exceptionally talented Italian designers—Gianni Versace, Gianfranco Ferré, Valentino Garavani, among others—began utilizing Italy’s exceptional artisans and clothing manufacturing to challenge France’s long-time leadership in fashion. A movement where Armani was the de facto leader among some brilliant peers, often nicknamed Il Re della Moda or Imperatore Giorgio. Generally, Giorgio remained very publicly respectful of his peers, though he certainly did not like any of their clothes being mixed with his—except for the high‑octane Versace, whose dazzle seemed to offend him.
And whereas practically every designer on the planet hired an independent stylist to help create their campaigns, Armani never did, to avoid any digression from his strictest fashion vision. Giorgio’s style was always a balancing act – the perfect silhouettes of his menswear combined with the opulent delicacy of his couture.
Enamored, like most Italians, of movies, it was cinema that catapulted Armani into global prominence when he created the wardrobe of Richard Gere in the 1980 film “American Gigolo.” The famed scene of Gere tossing beautiful Armani shirts onto a bed before deciding on a suitable seductive outfit expressed a new era of modern elegance and the suddenly vital role of fashion in contemporary living. It also linked Giorgio indelibly to cinema, where he would go on to costume over 100 films—from “The Untouchables” and “The Dark Knight Rises” to “Ocean’s Thirteen” and “Inglourious Basterds.” Since “American Gigolo,” no Armani front row was complete without half a dozen movie stars joining football greats, sporting superstars and cultural icons at his shows.

Two decades ago in Cannes, he kindly invited me to supper on Mariù I, a beautiful boat with a black hull, pale wood paneling, and muted non‑colors—the diametric opposite of a typical superyacht. Then, when a fresh group of about a dozen people appeared after an evening screening—including the likes of Kevin Klein and Sheryl Crow—Giorgio had his three handsome chefs whip up a large bowl of simple but delicious pasta made with just olives, garlic, pepperoncino and Parmesan. Before insisting on personally serving everyone himself, something I never saw any other designer do.
For many years, he staged most of his shows in his own private show‑space in his headquarters on central Via Borgonuova, which is where I first met him as the young, freshly appointed editor‑in‑chief of Vogue Hommes in 1995. Having spent five years in Italy, I was able to converse with him in Italian. Armani spoke excellent French, though, like many pre‑war‑born Italians, his English was limited.

I proudly showed off my first edition, which included a wonderful shoot by Albert Watson titled “Mafia Crooner.” Featuring a dashing Latin couple, the man looking sensational in a classic cement‑hued Armani double‑breasted jacket inside a café in Little Italy. Giorgio seemed suitably impressed and shook my hand firmly as he exited our meeting, before later finding me at the door of his palazzo, evidently irate. “Have you seen this!?” he said, showing off the shot of the crooner in his jacket. “Somebody has put an appalling Vivienne Westwood tie on my jacket! Allora?” he bristled. To which I responded, “Sorry, Signor Armani, but you know how difficult it is to control stylists.” To which he replied, placated: “Finally, an editor who knows what he is talking about!”
Later shows were staged in South Milan inside Armani/Teatro, designed by Japanese architect Tadao Ando, inside a former Nestlé chocolate factory. It is where Armani’s coffin will be set up in a funeral chamber all this weekend, open to the public. It was also the site of his last show in June, when he was too frail to take a bow, and his right‑hand man, Leo Dell’Orco, took the bow. A faithful partner to the end, who is expected to continue to guide the house with Armani’s surviving sister, nieces, and nephews.
Even into his 90s, Giorgio never slowed down. He staged another One Night Only last November with a star‑packed show inside the New York Armory, where Orlando Bloom, Liev Schreiber and Pamela Anderson posed proudly.

The day before, Giorgio had unveiled yet another project— a brand‑new $400 million complex named Armani Residences on Madison Avenue. It includes three floors of retail space, two restaurants and more than a score of apartments. Giorgio reserved the penthouse for himself. In fact, many days in his final decade were spent building Armani hotels and residences, with a series of luxury towers due to open in the coming years.

Giorgio’s day last November began with a personal appearance at his boutique in Bergdorf Goodman, signing copies of his book Per Amore. Outside, ten windows of the world’s most luxurious department store were customized with looks from Armani men’s and women’s collections. An elegant celebration of his historic ties with Bergdorf—the first American store to carry the Giorgio Armani men’s collection back in the 1980s. All told, yet another remarkable two days by the Italian maestro, the designer who never seemed to sleep in the city that never sleeps.

At the time, I asked Giorgio what he hoped his legacy would be, and he responded: “The legacy I hope to leave is one of dedication, respect and an eye for reality. Success in fashion comes from observing people, understanding their needs and creating clothes that meet those needs. At the heart of it, I focus on making beautiful garments. Fashion is a serious but deeply rewarding profession.”
Summing up his life—the greatest brand builder in Italian design, the hardest‑working designer I ever met, and a gentleman who left this earth a far better place than he found it.
In a very real sense, Armani became far more important than being an iconic fashion designer. The greater Italian public, and indeed an international audience, treated Giorgio like the president of Italian style and taste. His longevity and his devotion to his art made him a hallowed figure. In future years, when people come to write fresh histories of Italy, Armani will be ranked with Galileo, Leonardo Da Vinci, Michelangelo and Christopher Columbus—and deservedly so. Beyond his fashion empire, hundreds of stores, Armani Casa skyscrapers and a massive perfume business, his aesthetic has influenced the past half‑century more than any other living designer. In an era of style, he was the Doge of design.
The Imperatore has left us, and we will not see his like again.

Copyright © 2025 FashionNetwork.com All rights reserved.
Fashion
Indian exporters urged to upgrade quality, diversify supply chains

Pic: Alexandros Michailidis / Shutterstock.com
Insights
- In a meeting with export promotion councils and industry associations yesterday, Indian Minister of Commerce and Industry Piyush Goyal urged exporters to upgrade product quality, align with global standards, diversify supply chains and explore alternate markets.
- There was a broad consensus on the need for alternative mechanisms, with the government committed to addressing sectoral concerns.
In a meeting with export promotion councils (EPCs) and industry associations yesterday, Indian Minister of Commerce and Industry Piyush Goyal urged exporters to upgrade product quality, align with global standards, diversify supply chains and explore alternate markets.
The meeting was scheduled to address rising global tariffs, explore solutions and chart a path forward amid shifting trade dynamics.
In a meeting with export promotion councils and industry associations yesterday, Indian Minister of Commerce and Industry Piyush Goyal urged exporters to upgrade product quality, align with global standards, diversify supply chains and explore alternate markets.
There was a broad consensus on the need for alternative mechanisms, with the government committed to addressing sectoral concerns.
Exporters and industry representatives highlighted the challenges posed by these tariff barriers, their impact on the competitiveness of Indian goods in key international markets and stressed on the need for targeted, sector-specific interventions, according to a release from the ministry.
Goyal reaffirmed the government’s commitment to safeguarding the interests of Indian exporters amidst the evolving global trade scenario.
There was a broad consensus on the need for alternative mechanisms, with the government committed to addressing sectoral concerns and driving sustained export growth.
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