Watches
The latest news
Net loss soars at Farfetch, but it hails sales surge and key EBITDA milestone
Like many other online fashion retailers, Farfetch saw soaring demand last year and said on Thursday that its 2020 gross merchandise value topped $3bn, up 49% year-on-year. Meanwhile revenue rose 64% to $1.7bn.
Luxury
Helen Lambert talks to Godfrey Deeny on what's next in etailing and retailing
One of the great retailing experts, Helen Lambert, talks with Godfrey Deeny about what's next in e-tailing and what's up with her latest project, online wholesale platform Style Pulse, in our latest podcast.
Fashion
Gucci sales fall in Q4, but Bottega Veneta, Saint Laurent are on a roll
Sales at Kering's leading brand, Gucci, suffered a bigger-than-expected drop in Q4 as Covid continued to dent luxury shopping and crimp tourist spending in particular.
Luxury
Net-A-Porter launches widgets to boost UX on Apple devices
YNAP’s Net-A-Porter and Mr Porter luxury e-tailers have launched new widgets for iPhone and iPad users, that allow customers “to preview and directly access the What’s New pages for both stores from their home screen”.
Luxury
New York Fashion Week Day Two: Pride and Volume
No one could fault the latest crop of designer showing, in New York, for effort. In a busy Monday, with almost 30 collections, their arty videos and polished ideas were a reminder of how hard people have been working.
Fashion
Jason Wu and Imitation of Christ open New York Fashion Week
Jason Wu opened this month’s New York Fashion Week on the Sunday night of Valentine’s Day, with a nostalgic ode to Coca Cola capitalism. Imitation of Christ followed him with pure whimsicality.
Fashion
Opening Ceremony: Humberto and Carol on going to the mattresses
Opening Ceremony may have closed down its destination boutique in Soho last spring, but the brand is very much alive and kicking, as the latest collection from its founders – Carol Lim and Humberto Leon - trumpets.
Fashion
Wanna, with Natalia Vodianova as angel investor, lures luxe partners with unique AR
As many luxury brands struggle, we spoke to Sergey Arkhangelskiy, boss of Reality technology start-up Wanna – which is working with the likes of Gucci, Farfetch and Puma – and aiming for a 200% growth rate this year.
Luxury
LVMH to require US Tiffany staff to return to office
Luxury giant LVMH has directed US administrative employees of jeweler Tiffany to resume working part-time at the office on March 1, a person close to the company told AFP Friday.
Luxury
Tag Heuer inks partnership with Porsche; and launches new Carrera chronograph
Tag Heuer has inked a partnership with automaker Porsche, and launched the link-up by unveiling a new watch, the Tag Heuer Carrera Porsche Chronograph.
Luxury
Luxury demand drives Watches of Switzerland into another strong quarter
Everything’s ticking over nicely for Watches of Switzerland. The UK-listed premium timepiece retailer continued its impressive run of gains into Q3 and, importantly, stood by its full-year guidance.
Luxury
Karl Lagerfeld's right-hand man, Sébastien Jondeau: 'He would be upset with me' for talking about his illness
Sébastien Jondeau, the former bodyguard and personal assistant of Karl Lagerfeld, has written a memoir in collaboration with Virginie Mouzat, called "Ça va, cher Karl ?"* [How are you, dear Karl].
Luxury
Net-A-Porter new buying and merchandising chief Cranfield starts at firm
Net-A-Porter said Monday that the new head of buying and merchandising it announced in November has arrived to take up her newly-created strategic role.
Luxury
Swatch posts first loss in almost 40 years due to pandemic
The Swiss watchmaker announced its first annual loss since starting business almost 40 years ago on Thursday, as the coronavirus pandemic continues to negatively affect demand in the luxury sector.
Fashion
Gucci intensifies eco drive as it unveils 'nature-positive' climate strategy
Gucci is deepening its dive into sustainability and on Wednesday unveiled a new evolution of its strategy that takes it “beyond carbon neutrality towards a nature-positive approach”.
Fashion
Mytheresa announces closing of IPO
The offering of 17,994,117 American Depositary Shares (ADSs) represents 17,994,117 ordinary shares, including the full exercise by the underwriters of their option to purchase 2,347,058 additional ADSs.
Luxury