Movado Group, Inc. announced on Thursday net sales increased 2.7% to $751.9 million for the fiscal 2023 year, on growth in the watchmaker's international wholesale business and own stores. 

While waiting for the Chinese to start traveling again, brands are betting on a rebound in domestic demand following the end of the anti-Covid measures, increasing their prices, reported a study by Retviews by Lectra.

The house of Moschino announced on Monday afternoon that Jeremy Scott is stepping down as creative director of the Milan-based marque, after a decade long rein. 

French luxury conglomerate Kering announced on Friday a new commitment to reduce its absolute greenhouse gas emissions by 40% by 2035.

Italian luxury group Brunello Cucinelli on Wednesday raised its sales growth guidance for 2023 to 15%, up from its previous estimate of 12%, on the back of a strong start to the year and significant order numbers.

Guess Inc. announced on Tuesday revenues for the fiscal 2023 increased 4% to $2.69 billion, upheld by sales gains in the fashion brand's European and Asian markets, offsetting sluggish growth in the Americas. 

London's luxury retailers fear the city is losing its pull as a shopping destination, with tourists from the United States, China and the Gulf flocking instead to Paris and Milan where there are still tax breaks.

Italian fashion group Tod's said on Monday it had an excellent start of the season as it posted higher-than-expected operating profits for last year.

From New York to London, Milan and Paris, designers have created high quality collections for Autumn-Winter 2023-2024, marking a return to formal elegance without losing sight of uninhibited sexyness.

​Watches of Switzerland (WoS) continues to build its portfolio of premium brands. Billed as the most eco-innovative Swiss watch brand, ID Genève has now joined the WoS’s high-end line-up.

Faced with the challenge of reinventing fashion, niche brands opted to collaborate with other international firms, master their tailoring skills or focus on environmental responsibility. 

The runway season just ended marking a restoration of reined in chic, with brands and designers keen to capture new followers after the dark grind of the pandemic. We select the 12 most memorable fashion statements.

Resilience and adapting to a bleak backdrop mark the Ukrainian mindset and its fashion collections. FashionNetwork.com discuss business in times of war with firm Bevza and the newly launched brand Di Stavnitser. 

Hong Kong is losing its lustre as high-end retail properties go vacant and famous foreign brands reduce exposure to the city in favour of opening new outlets in mainland China.

​An upbeat Harrods’ boss Michael Ward said in an interview that he’s confident the luxury department store would continue to prosper in an economic downturn because “the rich get richer in a recession”.

​UK consumer and retail spend last month was OK, but not brilliant as Valentine's Day provided support for the jewellery and beauty categories, but non-essentials (especially clothing) were largely off the priority list.