Chinese consumers may be switching more of their luxury spend to the domestic market at the moment, but some of their fellow Asia-Pacific consumers proved key to luxe spending in Europe’s major retail cities in Q4.
Burberry is one of several brands launching checkout on Instagram after seeing its pioneering B Series initiative, which releases limited-edition products on popular social media networks, prove a massive success.
Chinese consumers were behind a third of all luxury spend globally last year, but more of their cash is being splashed out at home rather than in the world’s key shopping cities, the latest Bain luxury report said.
Following the news that Tom Ford will become the institution's new chairman, the list of nominees and honorees for the 2019 CFDA Fashion Awards is out, featuring Virgil Abloh, the Olsen twins, Sander Lak and more.
The Miami-Dade mall will now house the first U.S. boutiques of boho lifestyle brand Camilla and jewelry brand Messika, and the first Florida stores for premium denim jeans and apparel label Paige, and luxury brand Vince.
It may seem like Mike Ashley has enough on his hands at the moment, between running House of Fraser, his Debenhams ambitions, and the other chains he has acquired. But it seems he's also interested in buying LK Bennett.
The general manager of the Italian luxury group will step down on March 31, though he will remain on the board of directors, and will continue as president of Armani-owned Olimpia Milano basketball club.
MCM Worldwide, the German luxury travel and accessories brand, has opened its first global flagship retail location in Los Angeles, marking the brand's fifth California location and 17th store in the U.S.