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Luxury

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Ferragamo sees sales growth, loss reduction in Q1

Ferragamo sees sales growth, loss reduction in Q1

In Q1 2021, the Italian luxury label reported a better-than-expected net loss of €0.6 million, down from €41 million YOY, as business was “volatile” owing to the Covid-19 pandemic.
Luxury
London's West End to see high summer footfall says NWEC survey

London's West End to see high summer footfall says NWEC survey

​Central London footfall may still be well down on pre-Covid levels, but an uptick is expected this summer with a new study suggesting consumers are keen to get back to the UK’s premier shopping district.
Fashion
Copenhagen Fashion week plans physical return in August

Copenhagen Fashion week plans physical return in August

​Copenhagen Fashion Week is to return physically for SS22 in August. It will run at the same time as tradeshows CIFF and Revolver as fashion events across Europe start their physical comeback.
Fashion
Instagram tiara and Kashmir sapphire shine in Geneva auction

Instagram tiara and Kashmir sapphire shine in Geneva auction

A Savoy royal tiara which everyone could try on via Instagram, and the largest Kashmir sapphire ever auctioned sold for millions of dollars each on Tuesday.
Luxury
Lyst raises new cash, mulls IPO - report

Lyst raises new cash, mulls IPO - report

Lyst, the London-based upscale fashion search-to-retail platform, is reportedly mulling an IPO, having raised $85 million from a variety of investors.
Fashion
Safilo bags five-year DSquared2 eyewear deal

Safilo bags five-year DSquared2 eyewear deal

​Safilo announced on Tuesday that it has struck a global eyewear license deal with the DSquared2 label with the company to make eyewear for Dean and Dan Caten’s brand for the next five years.
Fashion
Palais Galliera to reopen, and extend Gabrielle Chanel: Fashion Manifesto exhibition

Palais Galliera to reopen, and extend Gabrielle Chanel: Fashion Manifesto exhibition

About time: Paris’ famed Palais Galliera fashion museum is about to reopen next week, allowing visitors back into its hit exhibition on Gabrielle ‘Coco’ Chanel - and extending it until July 18.
Luxury
Federation planning for live haute couture shows in July, adds Pyer Moss as guest member

Federation planning for live haute couture shows in July, adds Pyer Moss as guest member

The Federation de la Haute Couture et de la Mode has confirmed that French authorities will allow live catwalk shows in July's haute couture season in Paris; and added Pyer Moss as one of its guest members.
Luxury
Selfridges gets licence to host weddings

Selfridges gets licence to host weddings

​After a year in which weddings were cancelled across Britain, they're back on the agenda, so with supreme good timing, Selfridges has just been granted a licence to host the ceremonies and receptions.
Luxury
Sustainability counts: half of UK consumers shun firms with poor credentials

Sustainability counts: half of UK consumers shun firms with poor credentials

Be warned, consumer sustainability issues may be more important than you think. Over half of people in the UK (56%) are less likely to buy from organisations with a weak sustainability record, according to a new survey.
Fashion
Indie businesses worried about UK's too-slow high street recovery

Indie businesses worried about UK's too-slow high street recovery

UK retail may be open for business again, but some smaller traders are far from happy at the speed of the revival, with campaign group Save The Street calling for government help to stimulate local spending.
Fashion
Jane Lewis rebrands her Goat label

Jane Lewis rebrands her Goat label

The upscale Goat womenswear label has been rebranded as Jane with founder Jane Lewis selling her Goat trademark to Goat Group for an undisclosed sum.
Fashion
Debenhams Bournemouth exit gives opportunity for indie replacement

Debenhams Bournemouth exit gives opportunity for indie replacement

​As Debenhams exits the high street, many of its former stores are being converted to non-retail uses. But there appears to be an opportunity opening up for the return of smaller department store operators. 
Fashion
Ralph Lauren partners up with Major League Baseball for 3-part collab

Ralph Lauren partners up with Major League Baseball for 3-part collab

The American fashion company has joined forces with MLB to launch three collaborative collections featuring iconic teams including the New York Yankees, Los Angeles Dodgers, Chicago Cubs and St. Louis Cardinals.
Fashion
Dior brings collaborative men’s pop-up to Vancouver

Dior brings collaborative men’s pop-up to Vancouver

The playful pop-up was created for the brand’s pre-fall 2021 men’s collection and was designed by Dior’s menswear creative director, Kim Jones, in collaboration with American street artist, Kenny Scharf.
Luxury
Louis Vuitton creates trunk for Monaco Grand Prix trophy

Louis Vuitton creates trunk for Monaco Grand Prix trophy

Louis Vuitton has created the trunk for the Monaco Grand Prix trophy, as part of a linkup with the Automobile Club of the Principality ahead of the Formula One Grand Prix there on May 23. 
Luxury