×

Luxury

The latest news

Fashion must be change influencer say speakers at BFC's Positive Fashion Forum

Fashion must be change influencer say speakers at BFC's Positive Fashion Forum

The fashion sector's trend-setting status can help influence change in other industries, but fashion companies also need to ensure that eco and ethical thinking are front of mind for their own commercial health.
Fashion
Chinese conglomerate Fosun Fashion Group acquires control of shoemaker Sergio Rossi

Chinese conglomerate Fosun Fashion Group acquires control of shoemaker Sergio Rossi

Fosun Fashion Group (FFG), the owner of Lanvin, has acquired Italian luxury shoemaker Sergio Rossi, in the latest acquisition by the rapidly growing Chinese group.
Luxury
Large number of Oxford Street units are empty - report

Large number of Oxford Street units are empty - report

Some 17% of Oxford Street’s properties are currently standing empty, it was claimed on Thursday, with the reason being about the rise of online shopping as well as the pandemic.
Fashion
VIA Outlets invests €17.5m in Sevilla Fashion Outlet extension

VIA Outlets invests €17.5m in Sevilla Fashion Outlet extension

​Fast-growing VIA Outlets is investing €17.5m in the Sevilla Fashion Outlet in Spain and will add an extra 2,680 sq m to the mall, creating space for 17 major brands to be added to the existing roster of 70+ stores.
Fashion
Burberry speeds up green goals, to be "climate positive" by 2040

Burberry speeds up green goals, to be "climate positive" by 2040

​Burberry said on Thursday that it would be “climate positive by 2040”, the new sustainability ambition making it the first luxury brand to aim for that target, it added
Luxury
Ex-Tapestry CEO joins Moose Knuckles as investor, executive chairman

Ex-Tapestry CEO joins Moose Knuckles as investor, executive chairman

Canada's Moose Knuckles announced on Wednesday the appointment of Victor Luis, the former CEO of Tapestry, as executive chairman, as he makes a significant investment in the company. 
Luxury
Israel bans sale of fur in fashion trade

Israel bans sale of fur in fashion trade

Israel announced a ban Wednesday on the sale of fur in the fashion trade, winning applause from the International Anti-Fur Coalition as the "first entire nation" to impose such a ban.
Fashion
Italian police probe subcontractor to Burberry over labour exploitation -warrant

Italian police probe subcontractor to Burberry over labour exploitation -warrant

Italian police have arrested a Chinese couple accused of running a leather goods business which exploited immigrant workers it employed to make handbags for a Burberry supplier, according to an arrest warrant.
Luxury
Kikikickz: A kicky French concept expands

Kikikickz: A kicky French concept expands

Beneath the office space of Emily in Paris, the trend-setting series, one finds another new French concept; rare sneaker store Kikikickz, the brainchild of two entrepreneurs taking sneaker trading to new heights.
Fashion
Luxe brand Crémieux opens on London's Savile Row

Luxe brand Crémieux opens on London's Savile Row

Bringing a touch of ‘Tropezian heritage’ to London’s high-end Savile Row is luxury menswear brand Crémieux’s aim. The family-owned business has opened its first UK store at 37 Savile Row.
Luxury
BFC launches new podcast series

BFC launches new podcast series

The British Fashion Council (BFC) has released its third Fashion Forum podcast with the 10-episode series running until October.
Fashion
Lockdown end means UK online sales drop, but fashion is still on a high

Lockdown end means UK online sales drop, but fashion is still on a high

​Online sales in the UK fell 9.1% year-on-year last month, although this was against a 61% increase in May 2020. And even with the fall, spend remain strong with sales volumes rising 46% compared to May 2019.
Fashion
Mytheresa links with Vestiaire Collective for major resale launch

Mytheresa links with Vestiaire Collective for major resale launch

​Luxury e-tailer Mytheresa unveiled a partnership with upscale resale specialist Vestiaire Collective on Wednesday, the latter operating a resale service for the webstore’s customers. 
Luxury
Alexander McQueen Autumn/Winter 2021: All that glitters is an anemone

Alexander McQueen Autumn/Winter 2021: All that glitters is an anemone

In mythology, the beautiful anemone flower has a rather murderous reputation, but in fashion, at least in the hands of Sarah Burton at Alexander McQueen it can lead to magic.
Fashion
Sequoia Capital invests in Canada's Ssense, values firm at C$5bn+

Sequoia Capital invests in Canada's Ssense, values firm at C$5bn+

​Canadian e-tailer and tech platform Ssense has received a major funding boost with investment firm Sequoia Capital taking a minority stake in a deal that values the business at more than C$5 billion.
Fashion
BRC urges government to extend credit insurance scheme

BRC urges government to extend credit insurance scheme

The British Retail Consortium is lobbying the government to extend the scheme that guarantees trade credit insurance. There are fears retailers could be left coverless when the scheme ends on 30 June.
Fashion