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Just a day or so into the year and Hugo Boss has announced a key appointment. It has named Briton James Foster as its new senior Vice president global marketing.

Duty-free spending in China's island province of Hainan, where global luxury players from LVMH to Kering have set up shop, slumped 29.3% last year as a weak economy saw a sharp drop in domestic visitors.

Italian designer Rosita Missoni, co-founder of the eponymous fashion house known for its bright and patterned styles, died on Thursday at the age of 93, a company official said.

​Ashworth and Parker —better known as UK luxury retailer END. — continued to face tough market conditions in the year to the end of March, its latest accounts filing has shown.

Barbour's accounts for the year to the end of April show falling revenues after it had enjoyed a strong increase in the prior year. But profits rose, a turnaround from the last year when revenue jumped but profits fell.

Despite a barrage of Western sanctions and swathes of brands quitting Russia after the Kremlin launched its Ukraine offensive, Moscow's shoppers are still spoilt for choice when it comes to luxury Western goods.

Dior's production arm in Italy, Manufactures Dior, relied on formal inspections to assess working and safety standards inside its supply chain last year. In some cases, such certifications missed glaring problems.

Fashion people are obsessed with designer moves. Earlier this month, Chanel named Matthieu Blazy as its new top designer in a round of musical chairs that has also seen Hedi Slimane leave Celine and Kim Jones exit Fendi.

​Accounts for the companies that own and operate the David Beckham brands and businesses showed another successful year in 2023.

Perfect Corp has acquired Farfetch’s Wannaby operation — known as Wanna to its consumer users — as it continues to expand its fashion and beauty tech offering.

Nordstrom Inc. has wrapped up a $4 billion holiday gift for shareholders. But independent investors have room to ask for a more extravagant offering.

Yves Hanania of Lighthouse, a luxury industry expert specialised in growth strategy, has analysed the latest sector trends for FashionNetwork.com, and the new challenges and paradigms in a crisis-ridden market.

Saks Global announced on Monday it has finalized its acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion. 

Despite a barrage of Western sanctions and many brands quitting Russia after the Kremlin launched its Ukraine offensive, Moscow's most well-off shoppers are still spoilt for choice when it comes to luxury Western goods.

​Tory Burch UK has filed its audited accounts for last year with turnover rising a healthy 16.4% from £24.43 million to £28.44 million.

A Loro Piana executive told government officials that the luxury apparel brand doesn’t know whether some indigenous Peruvians are compensated for providing the company with the fiber used to make $9,000 sweaters.