Mackage, the uber luxury outerwear label, opens its first Paris store on Saturday, and its picked the city’s busiest prestige shopping thoroughfare – the rue St Honoré. 

​Will the Watches of Switzerland Group (WOSG) store opening engine ever run out of steam? It certainly doesn't seem to be anywhere close to doing that at the moment. 

​Farfetch shares are more than a quarter down from where they were this time last week. And the reason? The company held a capital markets day Thursday and the cost of its ambitious plans didn’t please its investors.

Gucci is to stage a dedicated menswear runway show in Milan in January, in the first major change in strategy at the house since last week’s departure of Alessandro Michele.

Founded in Paris in 2013 by Sabrina Marshall and Sofia Bernardin, the high-end second-hand site welcomes Michael Dayan (ex-Showroomprivé), producer Darren Star and entrepreneur Shari Glazer to its capital.

​Ann Demeulemeester has named Ludovic de Saint Sernin as its new Creative Director with his first collection for the label to be unveiled in March 2023 during Paris Fashion Week. 

Tod’s has revealed its latest collab, a link-up with Palm Angels. A blend of Italian craftmanship with American sports that stars Naomi Campbell in its ad campaign, that launches this Wednesday.

Praising them as “the beating heart” LVMH’s CEO Bernard Arnault celebrated, at a distance, the latest virtuoso artisans to win the luxury conglomerate’s Métier d’Excellence award on Wednesday.

Italian fashion group Prada is set to hire former Luxottica chief executive Andrea Guerra in a top management role to ease a transition at the helm to the next generation of the founding family, as said by a source.

UK-based investment fund Peninsula and Italian retail group Percassi have bought a 40% stake in apparel and beachwear label MC2 Saint Barth, created by Italian company Lanikai, owned by Max Ferrari and Raffaele Noris.

The Spanish jewellery company announced that Xavier Rebés, former director of digital strategy and new business at Caixabank, has joined its executive committee and will be reporting directly to the company's CEO.

The chief operating officer and head of sustainable and digital transformation, as well as former CEO of the group between 2019 and 2021, will be leaving Inditex at the end of this year.

Nearly 65% of the world's most wealthiest consumers intend to increase their luxury spending in 2023, especially for fashion in ready-to-wear and leather goods, according to a study by Kantar Insights and Altiant.

The long-established Italian high-end hatmaker has strengthened its design office by naming Jacopo Politi as head of style. Politi has been with Borsalino since April, based between Milan and the factory in Alessandria.

​New Bond Street in the heart of London's West End has lost its crown as the most expensive shopping street in Europe as far as rents are concerned. That title goes to Milan’s Via Monte Napoleone, new figures show.

The Spanish fragrance, cosmetics and fashion group will concentrate production at its plants in Vacarisses, Barcelona, and Alcalá de Henares, Madrid, and will relocate the 400 employees affected.