The end of tax-free shopping for tourists in its current form is a step closer. The High Court has dismissed a claim that the government didn't consider the “devastating impact” of the rule change on retail and travel.
Matchesfashion and Net-A-Porter are playing a game of senior musical chairs with one of the leading lights of the latter joining Matches, while its commercial chief heads for a role at Richemont-owned Net-A-Porter.
LVMH has announced plans to enhance its commitment to the campaign to prevent violence against women. The luxury group revealed it will donate funds to cover 1,000 hotel nights for the non-profit “Fondation des Femmes."
Faced with consumers who are increasingly demanding in terms of brand values, luxury labels are undergoing a sea change, extending their vision beyond products. Gucci more than others, through its unique initiatives.
There may be a consensus that stuck-at-home consumers will be buying sweatpants and other comfort clothing for the foreseeable future, but a new Moda Operandi trend report suggests the future for fashion is brighter.