×

Luxury

The latest news

Frasers downgrades asset values on fears of third wave

Frasers downgrades asset values on fears of third wave

​Frasers Group issued a gloomy outlook on Friday warning that further Covid-19 restrictions could mean it taking a hit of more than £200 million as far as the valuation of its assets are concerned.
Fashion
StockX valued at $3.8 billion after latest funding round

StockX valued at $3.8 billion after latest funding round

The Detroit-based online resale platform announced on Thursday that it has completed a new funding round, bringing the company’s total valuation up to $3.8 billion.
Fashion
Brioni creates collection with Brad Pitt

Brioni creates collection with Brad Pitt

The American star is strengthening his ties with the Italian luxury brand, collaborating in the creative process of a capsule collection dubbed "BP Signature."
Luxury
Kering overhauls logistics

Kering overhauls logistics

The French group has unveiled a new logistics hub in Trecate, northern Italy, which will bring together all of its European operations. The logistical reorganization will also affect the U.S., the Middle East and Asia. 
Luxury
Berluti unveils Living Together Apart, its winter 2021 collection

Berluti unveils Living Together Apart, its winter 2021 collection

Berluti unveiled its latest collection on Thursday, an unlikely blend of natty tailoring and painterly abstraction that nonetheless managed to gel very succinctly.
Luxury
Atterley gets new investment for US growth as sales rise fast

Atterley gets new investment for US growth as sales rise fast

​Fashion retailer Atterley.com, which counts Alexandra Shulman as an advisor, has raised £3 million through a funding round backed by Maven Capital Partners, by Scottish Enterprise and existing shareholders.
Fashion
Retailers say no thanks to Covid status certificates

Retailers say no thanks to Covid status certificates

​UK retailers seem to be unenthusiastic about the British government’s idea of Covid status certificates to allow people to enter certain locations. 
Fashion
Fast Retailing's Uniqlo strong in H1 and March, but Theory struggles

Fast Retailing's Uniqlo strong in H1 and March, but Theory struggles

​Fast Retailing released H1 results on Thursday, plus its Japanese Uniqlo performance for March. Both reports showed the business is doing well in general, even if the H1 figures showed some smaller brands struggling.
Fashion
US teens still love Nike, embrace 90s trends and clean skincare - report

US teens still love Nike, embrace 90s trends and clean skincare - report

​American teens have been increasing their spending slightly in the past year as the emergence of a female-led spending cycle driven by apparel has made an impact.
Fashion
Saks Fifth Avenue calls end to fur sales

Saks Fifth Avenue calls end to fur sales

The New York-based department store retailer has announced that it is closing its fur salons and plans to stop selling all products made using animal fur by the beginning of 2023.
Fashion
Swiss watchmakers go digital to show off new products, revive sales

Swiss watchmakers go digital to show off new products, revive sales

Luxury Swiss watchmakers, usually not fans of online retailing, are launching a new digital Watches & Wonders event on Wednesday to show off their latest products, hoping to revive sales hit by the coronavirus crisis.
Luxury
Reese Witherspoon embraces clean beauty with Biossance

Reese Witherspoon embraces clean beauty with Biossance

The Biossance brand has chosen American actress and producer Reese Witherspoon as its new global ambassador.
Luxury
Lacoste partners with Walk in Paris’ design duo for limited edition collection

Lacoste partners with Walk in Paris’ design duo for limited edition collection

Lacoste has joined forces with Léo Walk and Gary Neveu, the design duo behind the fashion brand Walk in Paris, to launch an 11-piece limited edition collection.
Fashion
Loewe presents Paula’s Ibiza, its island-inspired summer collection

Loewe presents Paula’s Ibiza, its island-inspired summer collection

For yet another summer, the LVMH-owned luxury label has dropped a capsule collection inspired by the Balearic Islands, this time comprising a full range of men’s and women’s items, including accessories and a fragrance.
Luxury
Hyères Festival: Louise Trotter, Christian Louboutin named jury presidents

Hyères Festival: Louise Trotter, Christian Louboutin named jury presidents

The event, this year scheduled in October, has picked the creative director of Lacoste to chair the fashion competition jury, the famous footwear designer for accessories and Dominique Issermann for photography.
Luxury
Fitting rooms: retailers divided on whether to reopen them next week

Fitting rooms: retailers divided on whether to reopen them next week

​News that John Lewis is planning to open most of its fitting rooms when it reopens it stores next week may have been encouraging, but not all retailers are planning on doing likewise — at least not at first.
Fashion