Brands are racing to establish their sustainability credentials and on Friday, Mulberry announced that it has launched its first 100% sustainable leather bag, with all proceeds going to a conservation charity.

The chief executive and top shareholder of Moncler played down speculation around a takeover by Gucci-owner Kering on Thursday, saying the two firms sometimes talked but that there was no deal in the works.

The next major fashion exhibition opening at London’s Victoria & Albert Museum will be all about bags, from designer handbags to vanity cases to military rucksacks.

As luxury giants continue to snap up the world’s top brands, could the latest move be Kering preparing to buy Moncler? It could be if news reports are to be believed, although neither company has commented.

Philip day’s Edinburgh Woollen Mill Group has reported higher profits and expansion in its luxury ops. The multi-brand group made net profit of £23.4m in its latest period with operating margins up to 10.25% from 8.27%.

Sales to international shoppers are predicted to continue to outperform sales to locals in the UK following a strong performance in the first 10 months of this year, according to data from VAT-reclaim specialist Planet.

The CEO of the French luxury label, which is controlled by Qatari sovereign investment fund Mayhoola, has left the company “for personal reasons,” just over two years after joining.

The 2019 Fashion Awards on Monday evening saw the increasingly important event acting as a powerful mirror of what’s been happening in the luxury sector this year.

Shawn Stussy, the founder of the Stüssy clothing and accessories brand, is about to make a major fashion comeback with a collaboration with Kim Jones, the creative director of Dior Men.

Luxe British retailer Fortnum & Mason saw its profits rising 26% in the year to mid-July as the luxury market prospered despite “the most challenging domestic retail backdrop in years”.