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Day’s wrap: Farfetch, Ferragamo, Gucci and Prada

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Cassandra Grey launched beauty platform and retailer, Violet Grey, in 2012. Image credit: Violet Grey

 

By Luxury Daily News Service

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.

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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.

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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.

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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.

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