Saks Fifth Avenue has opened one of the largest luxury men's shoe destinations in the country, as part of the continued 'grand renovation' of its New York City flagship, at 611 Fifth Avenue at 50th Street.
Burberry’s Q1 Trading update was closely watched on Tuesday and it seemed to deliver, with rising sales and a positive consumer response to its Riccardo Tisci-designed collections, both at retail and in wholesale.
Stella McCartney has signed a deal to partner with LVMH, the designer retaining majority ownership of her label but also about to enter a new era as part of the increasingly-sustainability-focused luxury group.
Opumo has secured an investment from Denmark's North-East Venture as part of a successful round of funding. The funds will be used to hire more tech and marketing specialists and improve the membership scheme.
The long-rumoured sale process for L Catterton ’s R.M. Williams brand could be set to kick off soon with an Australian press report saying that September will see an auction process launching via Goldman Sachs.
The Woolmark Prize, historically fashion’s most famous award, has significantly overhauled its advisory board for the 2020 prize, in what will be seen by many as an attempt to generate more traction and attention.
Harvey Nichols’ heavy investment in its Knightsbridge flagship in London seems to have paid off at the upscale fashion-focused department store, even in a period that’s been hugely challenging for UK fashion retail.
The latest major product initiative at Selfridges’ key piece of real estate, its Corner Shop, is a collaboration with Balmain and underlines the importance of the sneaker category to both footwear and luxury.