Luxury
The latest news
Alexander McQueen: Gaelle Collet appointed brand and communications director
Kering's British label has appointed Gaelle Collet, who has worked for Chanel, Dior, Saint Laurent and Celine, among others, as head of brand and communications.
Luxury
Armani "doesn’t rule out" merger or IPO in succession plan
Three months before his 90th birthday, Giorgio Armani is hinting at possible big changes for his Italian fashion empire once he’s no longer in charge.
Luxury
UK consumer confidence may keep rising but spending concerns remain - Deloitte
UK consumer confidence isn’t just on the up again, it’s reached a new two-year high as personal finances improve, especially among 25-34 year-olds. But that isn’t necessarily feeding through to spending habits.
Fashion
Sojo launches Pledge to Repair at Institute of Positive Fashion Forum
The BFC’s 2024 Institute of Positive Fashion Forum has wrapped up with the big news being a call from Sojo for the UK fashion industry and its customers “to get behind Care & Repair in a bid to reduce textile waste”.
Fashion
Research highlights fashion waste ahead of eBay Live launch in UK
Following its move to axe individual seller fees on fashion, eBay UK has come up with some interesting statistics about UK consumers’ fashion usage and they highlight a huge amount of waste in the sector.
Fashion
Britain’s retail sales disappoint in sign of lacklustre recovery
Hardware stores, furniture shops, and clothing stores all reported a rise in sales, but these gains were offset by falling food sales and in department stores where retailers say higher prices hit trading.”
Fashion
Represent to launch Metallica collab
Represent will launch a collaboration with Metallica on 24 April with TikTok star Huddy starring in the campaign. The British luxury streetwear label said it “marks a full circle moment” for the brand”.
Fashion
Klarna Untrend Report highlights classics, explores value of AI for consumer journey
Klarna’s exploration of AI has produced what it’s calling its Untrend Report. Produced using AI, it highlights the products that defy trends and it also focuses on AI as a way to help consumers shop more sustainably.
Fashion
Fendi unveils new boutique in Cannes
Italian luxury brand Fendi revealed its latest address on the Croisette. Spanning over 500 square meters across two levels, the establishment boasts a private suite tailored for VIP clientele.
Luxury
Pierre-Louis Mascia is set to host inaugural runway show at Pitti Uomo
As a seasoned participant of the Florentine fair, Toulouse-based designer Pierre-Louis Mascia is preparing for his runway debut, unveiling his Spring 2025 collection at a meticulously planned show on Thursday, June 13.
Luxury
Nordstrom to evaluate founding family's interest in pursuing take-private deal
Nordstrom said the founding family behind the retailer had shown an interest in pursuing a potential go-private deal, prompting its board to form a special committee of independent directors to evaluate any proposal.
Fashion
Neiman Marcus launches Balmain Beach Club
Neiman Marcus has teamed up with fashion house Balmain to introduce an exclusive collection and immersive customer activation.
Luxury
Michael Kors Collection store opens on Rodeo Drive
Michael Kors opened on Thursday a Michael Kors Collection store in Beverly Hills, marking the North American debut of a new store concept for the designer’s Collection boutiques.
Luxury
LVMH highlights its socio-economic impact at its Annual General Meeting
For once, Bernard Arnault, CEO of the world's number one luxury goods group, and his teams emphasised the group's social approach at its Annual General Meeting in Paris on Thursday morning.
Luxury
Arnault says he hopes tensions with China on luxury quiet down
Billionaire Bernard Arnault said he hopes a planned visit to France next month by China’s Xi Jinping will help smooth trade relations between Paris and Beijing.
Luxury
Swiss watch exports plunge as China and Hong Kong demand dries up
Monthly Swiss watch exports suffered their biggest decline since 2020 as demand for premium and luxury timepieces in key markets including China and Hong Kong plunged.
Luxury