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Astrid & Miyu expands US footprint with new NYC store

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Astrid & Miyu expands US footprint with new NYC store


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October 19, 2025

British jewelry brand Astrid & Miyu is strengthening its foothold in the United States with the launch of a new store on New York City’s Madison Avenue opening Monday.

Astrid & Miyu store in Cardiff. – Astrid & Miyu

The new 1134 Madison Avenue boutique follows Astrid & Miyu’s signature London aesthetic — inviting and inclusive — designed as a space for self-expression and connection. Customers can explore in-house jewelry collections, personalize their pieces, and experience the brand’s signature piercings, tattoo and welding services in an intimate, Instagram-worthy setting.

“Opening our second U.S. location on Madison Avenue feels like a natural expansion for us. We’ve always been passionate about creating beautiful spaces that go beyond jewelry — places where our community can come together, express themselves, and feel at home,” said Connie Nam, founder of Astrid & Miyu. “New York has embraced us in such a remarkable way, and we’re so excited to continue growing with our customers here.” 

Following the success of its U.S. debut in the West Village, the expansion marks a major milestone in the brand’s international growth and ongoing mission to build meaningful communities through experiential retail. 

Looking ahead, the brand plans to expand further across the U.S., with its first Los Angeles location set to open early next year.

Founded in 2012, Astrid & Miyu began in a Notting Hill flat with the goal of reimagining how people experience jewelry. Over the past decade, the London-based brand has become a global favorite for its stackable, minimalist designs and purpose-driven ethos.

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Fashion

Kering in talks to sell beauty unit for $4 billion

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Kering in talks to sell beauty unit for  billion


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Bloomberg

Published



October 19, 2025

Kering SA is in talks to sell its beauty business to L’Oréal SA in a deal worth about $4 billion, according to the Wall Street Journal. 

Gucci

The deal could be announced as soon as next week, the newspaper added, citing people familiar with the matter. 

The potential sale comes as Kering’s new Chief Executive Luca de Meo seeks to turn around the luxury house’s fortunes, following a slump in Chinese demand and the threat of higher US tariffs.

The owner of fashion brands including Gucci, Bottega Veneta, Saint Laurent and Balenciaga launched its beauty division in 2023. The company declined to comment on the report when contacted by Bloomberg News.

L’Oréal offers a range of beauty products, including L’Oréal, Garnier and Maybelline New York, and the deal could add cologne maker Creed to the mix. 
 



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Egypt’s apparel exports rise 25% in H1, trims US market reliance

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Egypt’s apparel exports rise 25% in H1, trims US market reliance



Egypt exported apparel worth $*,***.*** million during January–June ****, compared with $*,***.*** million in the same period of ****. This marks a strong rebound following global retail recovery and better utilisation of production capacities within Egypt’s textile clusters, according to the *fashion.com/market-intelligence/texpro-textile-and-apparel/” target=”_blank”>sourcing intelligence tool TexPro.

The country exported **.** per cent of its apparel, in value terms, to its top five markets. The US remained the largest destination despite a decline in its share. Egypt’s apparel exports to the US were valued at $***.*** million (**.** per cent) in the first half of ****, down from $***.*** million (**.** per cent) in the same period of ****, indicating reduced reliance on this market. The lower US share is partly due to slower American apparel imports and Egypt’s strategic push towards regional diversification.



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Real UK GDP grows 0.3% QoQ in quarter to Aug 2025: ONS

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Real UK GDP grows 0.3% QoQ in quarter to Aug 2025: ONS



Real UK gross domestic product (GDP) grew by 0.3 per cent quarter on quarter (QoQ) in the quarter to August this year—a slight increase following a QoQ growth of 0.2 per cent in the quarter to July and a QoQ growth of 0.3 per cent in the Quarter to June.

Production output fell by 0.3 per cent QoQ in the quarter to August—a smaller decrease than in the quarter to July, when it fell by 1.4 per cent (revised down from a fall of 1.3 per cent in the previous estimate).

Real UK GDP grew by 0.3 per cent quarter on quarter (QoQ) in the quarter to August—a slight rise following a QoQ growth of 0.2 per cent in the quarter to July.
Production output fell by 0.3 per cent QoQ in the quarter—a smaller drop than in the preceding quarter.
Manufacturing showed no QoQ growth in the quarter.
GDP grew by 0.1 per cent month on month in August, following a fall of 0.1 per cent in July.

Manufacturing, the largest production sub-sector, showed no QoQ growth in the three months to August 2025.

Construction output increased by 0.3 per cent QoQ in the three months to August 2025—a smaller increase than the QoQ growth of 0.5 per cent in the three months to July (revised down from 0.6 per cent in the previous estimate).

GDP is estimated to have grown by 0.1 per cent month on month (MoM) in August 2025, following a MoM fall of 0.1 per cent in July (revised down from no growth in the previous bulletin) and a MoM growth of 0.4 per cent in June this year.

Production grew by 0.4 per cent MoM in August 2025, whereas construction fell by 0.3 per cent MoM.

“Today’s data shows the economy picking up slightly, driven by services and construction. That will be welcomed by business, ahead of what is expected to be a challenging Budget next month,” said Stuart Morrison, research manager at the British Chambers of Commerce (BCC).

“Our latest survey shows business confidence and investment levels continue to suffer. A fifth of firms are expecting lower turnover over the next year, and a quarter have scaled back investment plans,” he said. 

“For the last twelve months, SMEs [small and medium enterprises] have told us the same story: rising costs, weak investment and little sense of relief on the horizon,” he added.

Fibre2Fashion News Desk (DS)



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