A muggy Milan of frequent showers on Wednesday as the Italian runway season opened, but a pair of steamy collections by two southern gentleman – Alessandro Dell’Acqua and Fausto Puglisi to ignite the season.

Italy's fashion label Moschino will hire its new creative director in the next few weeks, said Massimo Ferretti, the executive chairman at Aeffe, which owns the brand.

Russian diamond miner Alrosa PJSC has taken the almost unprecedented step of halting all its diamond sales in an attempt to prop up plunging prices.

LVMH-owned New York jewellery house Tiffany & Co. has named Hector Muelas, chief brand creative officer. 

Move over lab-grown diamonds. In a bid to shift the dial back to promoting “the real thing”, the Natural Diamond Council has launched its latest global campaign featuring its brand ambassador, actor Lily James.

The German designer is targeting a 2023 revenue of €225 million driven by global retail growth, aiming to broaden his reach via the Plein Sport premium sportswear brand, a golfing line and a first luxury hotel in Milan.

Poland proposed on Monday that new European Union sanctions against Russia for its invasion of Ukraine should include a ban on Russian diamonds and called for aligning sanctions against Belarus with those against Moscow.

Pandora A/S has found the sweet spot to seize on rising demand for lab-grown diamonds in the US and other markets, the company’s chief executive officer said, positioning it for long-term growth.

So, admiral blue is the new black. And plaid should come in hunter green and yellow daisy, just like the enormous tent in Highbury, where Burberry staged its latest show on a cloudy Monday.

Every editor, buyer or critic in London showed for Fashion East on this weekend, as well they should given its organizer Lulu Kennedy’s legendary antenna for new talent.

A Sunday that drenched London in intense showers didn’t wash out the fashion, with two stellar collections from Simone Rocha and Erdem, and more than honorable displays by Tove and Holzweiler. 

Thieves have made off with more than 50 items from Balmain's new collection just 10 days before its Paris Fashion Week show, the company's creative director, Olivier Rousteing, said on his Instagram account.

Giambattista Valli chief executive officer Charlotte Werner announced her resignation on Friday, just three years after the fashion executive took the helm at the luxury brand.  

On a sunny Saturday in London, three bold-face name designers presented contrasting visions of fashion, though unified in their common attempts to explore unexpected silhouettes, made of unlikely raw materials. 

The National Retail Federation estimates the cost of “shrink” and other inventory losses has climbed to almost $100 billion a year, ranging from small-time pilfering to Mafia-type cargo heists. 

Saks is celebrating the third class of its designer accelerator program, The New Wave, presented by Mastercard, with a dedicated marketing campaign.