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Luxury Western goods line Russian stores, three years into sanctions
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.
Luxury
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Tory Burch UK and Germany sales and profits rise
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.
Fashion
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Loro Piana told Peru officials in April it doesn’t verify Vicuña worker pay
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.
Luxury
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END. plans raft of 20th anniversary events in 2025
Global retailer END. is preparing a breathless celebration for its 20th anniversary. A 2025 year-long series of curated events, activations, collaborations and exclusive, limited-edition releases is being planned.
Fashion
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Modes seeks strategic partner as own label Modes_Garments doubles revenue in a year
The Italian omnichannel fashion retailer is broadening its range and opening up to new types of partnership, while revenue for its own label Modes_Garments doubled, as CEO Simon Whitehouse told FashionNetwork.com.
Fashion
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Calvin Klein to return to New York Fashion Week runway, with debut Veronica Leoni collection
Calvin Klein has confirmed plans to return to New York Fashion Week in February, with the debut collection for the brand by Veronica Leoni, the house revealed on Friday.
Luxury
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Reiss defies tough backdrop as sales and profits rise
Reiss has filed its accounts for the year to the end of January 2024 with the company saying it delivered a “strong performance” for the 52 weeks, despite the challenging environment.
Fashion
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eBay predicts surge in self-gifting this festive season
It may be too late to do much about marketing for the 2024 festive season but with 2025 plans already forming in retailers’ and brands’ minds, it’s worth noting a new study from eBay.
Fashion
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Luxury labels bulk up on lower-priced goods to appeal to middle-class shoppers
Confronting a broad decline in demand for their usual fare, including $3,000-and-up handbags and $4,000-and-up cashmere jackets, major marketers of designer and luxury merchandise are broadening their product lines.
Luxury
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Balenciaga opens first standalone store in Austin
Luxury fashion house Balenciaga opened on Wednesday its first standalone store in Austin, Texas, located in the mixed-use metropolitan center, The Domain.
Luxury
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The sound of desire: How music shapes our interactions with luxury brands
The music selection at a luxury brand store is no mere whim of the sales associates that day; it is often carefully chosen by a team of experts.
Luxury
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Kering Eyewear becomes Harvard Case Study
Kering Eyewear, and its CEO Roberto Vedovotto, have achieved one of the ultimate business accolades, the company has become a Harvard Business School case study.
Fashion
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Is Hedi Slimane making a fashion comeback?
Two months after leaving Céline, French designer Hedi Slimane is once again sparking speculation. On December 18, a new Instagram account, @hedislimanehomme, surfaced online, only to disappear hours later.
Luxury
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Polène opens in London, part-opens on Paris’s Champs-Elysées
French leather goods and accessories brand Polène recently opened its first London store on Regent Street, and has partly opened its Parisian flagship on the Champs-Elysées roundabout in the run-up to Christmas.
Fashion
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Eyewear: Valentino unveils sunglasses by Alessandro Michele, Prada renews licence deal with EssilorLuxottica
The Roman luxury label has launched the first sunglasses designed by Creative Director Alessandro Michele, while the Prada group has renewed its eyewear partnership with EssilorLuxottica for 10 years.
Fashion
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Zalando Trend Rewind says mob wife, brat summer and sport-meets-fashion dominated 2024
Zalando has looked back at 2024 based on the data generated by its platform and come up with Trend Rewind, a look at what’s been trending this year.
Fashion