Last Friday, Canada announced a ban on trade in luxury goods with Russia, and added 14 other individuals, including known oligarchs, to the list of sanctions imposed in connection with the Russian invasion of Ukraine.

​Luxury businesses have renewed calls for the UK government to reverse its decision to end VAT-free shopping for tourists, saying Britain is losing out to other European countries as big-spenders go elsewhere.

Designer Demna reimagined the excess and greed associated with the Big Apple in the eighties. 

​British luxury jewellery retailer David M Robinson (DMR), has significantly upsized and extensively refurbished its Liverpool One flagship store. 

​Luxury jewellery retailer Laings has opened a dedicated Omega showroom at the St David’s mall in Cardiff. The watchmaker has taken an 838 sq ft space at the Landsec-operated mall.

The global luxury online retailer this week celebrated its long partnership with Loro Piana, and its excellent form in the American market, a territory where the brand has recorded strong growth. 

Kering is launching the third tranche of its stock repurchase program, covering a volume of nearly 0.5% of its share capital. Meanwhile, LVMH is launching a similar program worth “a maximum amount of one billion euros."

The French fashion house will unveil its new men's collection this Thursday, May 19, on Venice Beach, as well as on Facebook. Creative Director Kim Jones will also present a collaboration with the label Erl.

​Watches of Switzerland has continued its undeniably impressive performance and on Wednesday said that it saw a "stellar end" to FY22 with strong momentum going into the new financial year.

The American luxury brand steeped in classic glamour has launched several partnerships geared toward new audiences in recent months. 

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. 

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.

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.  

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.

Have bag, will travel, especially with the Pasticcino, the freshly edited Weekend Max Mara handbag which began a global jaunt this week in Venice.

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.