Accessories
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Private equity firm buys luxe retailer Hervia, has big growth plans
Luxury retailer Hervia has been acquired by Parabellum — the private equity operation controlled by Rami Cassis — for an undisclosed sum, marking its first move outside of B2B investments and into luxe fashion.
Fashion
Burberry annual sales and profits rise, despite Q4 headwinds
The year to early April was a largely good one for luxury group Burberry, despite the undeniable challenges that it faced during the 53-week FY22 period and the pandemic causing problems in China during Q4.
Luxury
Michael Kors' latest collaborations steer the brand to new audiences
The American luxury brand steeped in classic glamour has launched several partnerships geared toward new audiences in recent months.
Luxury
Millennials, Gen Z to drive luxury market growth in APAC: GlobalData
Millennial and Gen Z locals are forecast to drive luxury market growth in the Asia-Pacific region, according to GlobalData, as internet penetration levels and social media brand engagement increases in the region.
Luxury
Big Commerce tech brand becomes an official patron of BFC
Software-as-a-service e-commerce platform BigCommerce has been named as an official patron of the British fashion Council (BFC).
Fashion
Russell & Bromley to open first non-UK store with Dublin debut
Russell & Bromley is to open its first store outside of its domestic UK market with a deal signed for key Dublin shopping thoroughfare Grafton street.
Fashion
Browns calls out AW22 trends: think pink, glam, long coats and denim reboot
Farfetch's luxury fashion store Browns has released its AW22 trend report and an overriding theme is a focus on sustainability, while a return to full-on glam party dressing, platform shoes and rebooted denim are key.
Fashion
Harrods sanctions high-spending Russian customers
Harrods is imposing sanctions on its Russian customers, restricting their spending capacity at the luxury London department store. The retailer will no longer sell them “luxury goods” worth more than £300.
Luxury
Tom Ford stepping down as Chairman of the CFDA
Tom Ford is stepping down as Chairman of the CFDA, bringing down the curtains on a three-year term at the organization, American fashion’s governing body, in a major suprise.
Fashion
Nona Source opens London site at The Mills Fabrica
Luxury fabric resale platform Nona Source has launched its first UK showroom at The Mills Fabrica in London. The platform re-values deadstock fabrics and leathers from LVMH Fashion & Leather Goods Maisons.
Fashion
Goodhood launches own collection for first time
Retailer Goodhood has unveiled a new own-label with co-founders Kyle Stewart and Jo Swindle evolving from their curated offering of menswear, womenswear and lifestyle products, to create their own clothing brand.
Fashion
Louis Vuitton Cruise 2023 shines under the California sun
After having paraded on the monumental footbridge of the Axe Majeur in Cergy, France, last year, Nicolas Ghesquière chose the monumental setting of the Salk Institute in San Diego to present his cruise 2023 collection.
Luxury
Weekend Max Mara: Have bag, will travel, with Pasticcino
Have bag, will travel, especially with the Pasticcino, the freshly edited Weekend Max Mara handbag which began a global jaunt this week in Venice.
Fashion
Fashion Awards to take place on December 5 says BFC
This year’s Fashion Awards will be the first truly-post-pandemic edition so it should be a big night with the British Fashion Council saying they’ll take place on December 5.
Fashion
Perfect Moment names luxe exec Gardner at commercial chief
London-based performance ski and sportswear brand Perfect Moment has named Anna Gardner as its new Chief Commercial Officer (CCO).
Fashion
Balmain fetes flagship New York store
Designer Olivier Rousteing was on hand to meet clients, press and fans for the official opening of Balmain’s most recent New York retail space.
Luxury