​The importance of gaming and virtual reality continues to be reinforced among high-end brands with Valentino last week linking up with Drest to showcase its new party collection. 

​Luxury label Elie Saab has launched a new direct-to-consumer (D2C) transactional site, offering “a content-rich, immersive brand experience that recreates the VIP in-store customer journey virtually”.

​Sweden is to host Scandinavia’s largest designer outlet village with the project’s first phase set to open in summer 2025 while phase two will follow in autumn 2027.

The iconic French fashion house opened a new boutique in Miami’s Design District on Thursday, revealing a two-floor couture destination designed by architect and longtime brand collaborator Peter Marino.

Following a challenging year, Deloitte’s latest Global Powers of Luxury Goods report shows that the revenues generated by the world’s top 100 luxury companies dropped from $281 billion in 2019 to $252 billion in 2020.

The luxury resale marketplace announced on Thursday that gross merchandise value on its platform totaled approximately $146 million in November, with growth driven by shopping holidays such as Black Friday.

Thailand’s Central Group has denied it’s in talks to buy Selfridges after it was reported globally that the firm will buy the business, perhaps as soon as this month.

Luxury goods companies Hermes and Richemont won promotion on Wednesday to the blue-chip Euro STOXX 50 equity index, which could increase investment funds' demand for the stocks that have hit all-time highs.

Allbirds enjoyed a “strong” Q3 with the three months to the end of September seeing net revenues surging 33% year-on-year. 

According to a new report from McKinsey, exploring the rapidly growing resale market not only opens a new revenue stream for luxury labels but could also have a positive effect on brand loyalty and desirability.

The heirs of Italian fashion house Gucci on Monday threatened to take legal action over Ridley Scott's new film "House of Gucci" for depicting members of the family as "hooligans".

​As part of its international Upcycling Project, luxury accessories specialist MCM has launched a collaboration with five forward-looking UK artists.

​Fred Perry has filed its 2020 results and while comparisons are skewed due to changes in its financial year dates during 2019, they show that the pandemic was clearly a tough time for the business.

By 2025, 70% of luxury consumers will be aged below 40, forcing labels to revise their approach and values, broadening them to include more culture-based elements, according to the latest study by Bain & Co.

​Hugo Boss has become the latest major fashion name to link its financing to green goals. The German giant — in which Frasers Group owns a large stake — has secured a syndicated loan with a sustainability component.

Mulberry could expand its UK production, it said after delivering a strong set of results. It has already added an extra production line in Somerset and could add another if sales growth is sustained.