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.
Sneaker marketplace Laced raises new funding
Laced — the British sneaker marketplace — is aiming to make access to in-demand products fairer and has raised £10 million/€11.2 million to help it do that.
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.
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.
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.
Rene Caovilla opens Selfridges pop-up
Late spring and summer are favourite times for pop-ups and with event season getting under way in the UK, many of them focus on the dressier end of the fashion story.
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.
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.
Valentino opens new Paris home on Avenue Montaigne
Valentino has unveiled its new store in Paris, having “reinvented itself” on Avenue Montaigne. The change of address gives it more space for its offer of both women’s and men’s RTW and accessories over three floors.
Deckers Brands clocks 'exceptional' sales year, Hoka brand continues to burn bright
Deckers Brands announced on Thursday net sales surged 15.1% to $3.627 billion for the fiscal-year 2023, on the back of double-digit gains across all channels and regions, and a 58% sales hike at Hoka.
Ambush pops up at Terminal 27
The Japanese brand founded by designer Yoon Ahn in 2002, and acquired in 2020 by Italian group New Guards, which also owns Opening Ceremony and Off-White, has opened at Terminal 27 for a month-long pop-up.