The latest news
Appeal of quiet luxury trend confirmed by JOOR wholesale data
The quiet luxury trend has been making a big impact this year, despite some scepticism about its durability, but wholesale data appears to show it’s being backed by retail buyers.
YMC announces death of co-founder
YMC — the London-based independent retail brand whose initials stand for You Must Create — has announced the death of its co-founder Fraser Moss. The company said Moss died on 27 May.
Dr Martens admits mistakes but stays confident for future growth
Results from Dr Martens contained a mix of good news and bad, but too much of the latter. However, the company is generally headed in the right direction on many fronts despite areas of weakness that must be addressed.
Cavalli kicks off summer collection tour with Selfridges show and pop-up
There are special collections and really special collections and the latest from Roberto Cavalli, that’s set to make waves at Selfridges, is undeniably one of the latter.
Rebag partners with Christie’s auction house
Rebag, the digital-first resale platform for designer handbags and accessories, has partnered with Christie’s auction house on an exclusive auction offering.
PVH sales beat Q1 guidance, affirms full-year outlook
PVH Corp. announced on Wednesday first-quarter revenue increased 2% to $2.158 billion, prompting the owner of Calvin Klein and Tommy Hilfiger brands to affirm its full-year guidance.
Nordstrom delivers surprise profit as inventory woes ease
Nordstrom Inc posted a surprise first-quarter profit on Wednesday as better inventory control and demand from wealthy shoppers helped the company defy an inflation-driven slump in retail spending.
Michael Kors owner Capri cuts revenue forecast as US demand wavers
Michael Kors parent Capri Holdings Ltd on Wednesday cut its annual sales forecast as demand for its handbags and shoes weakens in the United States, sending its shares down nearly 9% in early trading.
Hermès fetes year of Astonishment in the Camargue
To thine own self be true, which Hermès certainly was with Astonishing Hermès - a performance art, equestrian ballet homage to the noble horses in the Camargue, Europe’s greatest wetland, on Tuesday evening.
Sportswear rules! Surge continues as data shows what's driving media impact
The latest data report from Launchmetrics shines the spotlight on sportswear and the headlines story is — perhaps unsurprisingly — that athleisure and sneakers continue to be key drivers while luxury is also important.
Simone Bellotti is new Bally Design Director after Villaseñor's exit
Swiss luxury brand Bally on Wednesday named Simone Bellotti as its Design Director leading its design studio. It’s an internal promotion with Bellotti having joined the firm back in October after 16 years at Gucci.
Flannels X launches London Beyoncé pop-up on Oxford Street
Flannels on Tuesday opened a week-long pop-up selling merchandise from Beyonce’s Renaissance World Tour as well as limited-edition pieces from her Balmain link-up in a deal with her Parkwood Entertainment company
Chanel to double London HQ space
News last week that Chanel’s sales rose in double digits in 2022 was followed by the company saying it would double the size of its global HQ in London’s Mayfair and will move in during 2025.
Ferragamo names Jeno Lee first global male ambassador
Italian luxury brand Ferragamo announced on Monday the appointment of Jeno Lee as the Florentine company's first global male ambassador.
Dior opens its Dioriviera pop-up boutique and spa at Beverly Hills Hotel
On May 26, the French luxury brand took over the iconic Beverly Hills Hotel in Los Angeles and opened its Dioriviera pop-up boutique and a poolside Spa. The event will run until September.
New data shows end of UK VAT-free shopping again boosts Europe
The UK government has been asking for evidence that the end of the VAT-three shopping perk for tourists is hurting British retail and payment software specialist Planet came up with some of that again on Friday.