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Pandemic-fuelled lust for labels augurs well for LVMH

Pandemic-fuelled lust for labels augurs well for LVMH

LVMH is expected to post strong fourth quarter sales on Thursday, following a slate of solid earnings from rivals that showed steadfast demand for high-end fashion and accessories from pandemic-weary consumers.
Luxury
Brexit costs UK business as much as Covid - report

Brexit costs UK business as much as Covid - report

​Which has been more costly to British businesses, Covid or Brexit? Both, according to ParcelHero. Its research reveals that the “self-inflicted wound” of Brexit has cost UK businesses as much as the Covid pandemic.
Fashion
TikTok is world's fastest growing brand says Brand Finance report

TikTok is world's fastest growing brand says Brand Finance report

​TikTok is the world’s fastest-growing brand, the new Brand Finance Global 500 2022 report reveals. A new entry to the list, it’s up 215% in a year, leading the global revolution in media consumption.
Fashion
Lyst Index: Balenciaga tops ranking, cold weather clothes and partywear all strong

Lyst Index: Balenciaga tops ranking, cold weather clothes and partywear all strong

Q4's Lyst Index saw a trio of power brands at the top, but also a significant faller and a major name leaping six places, possibly due to the return of winter sports in Europe after two tough years.
Fashion
Boohoo Group names JD Sports exec as new Debenhams CEO

Boohoo Group names JD Sports exec as new Debenhams CEO

Debenhams has a new CEO. The Boohoo Group-owned online department store retailer has lured JD Sports Fashion multichannel chief to its top post.
Fashion
Elsewhere in couture: Classicism with many twists

Elsewhere in couture: Classicism with many twists

Three Paris-based couturiers - Olivier Theyskens at Azzaro, Stéphane Rolland and Alexandre Vauthier - reminded how much life there is in the métier with inventive, classicism-with-a-twist shows and videos.
Luxury
Millennials and Gen Z are now more likely to embrace luxury than their elders

Millennials and Gen Z are now more likely to embrace luxury than their elders

A study reveals that even more than the older generations, buyers from these generations have taken a major turn towards purchasing luxury items in the past year.
Luxury
Charlotte Casiraghi opens Chanel’s constructivist couture on horseback

Charlotte Casiraghi opens Chanel’s constructivist couture on horseback

Just when people were talking about a couture season of intimate shows, along comes Virginie Viard, and artist Xavier Veilhan, with a mega ambitious metaphysical set and constructivist collection for Chanel. 
Luxury
Max Mara taking next cruise show to Lisbon

Max Mara taking next cruise show to Lisbon

Max Mara is taking its next resort show on the road again, as the Italian marque reveals plans to stage its next cruise collection in Lisbon, marking the latest foreign jaunt by the Italian luxury fashion marque.
Fashion
Kanye West documentary premieres at Sundance

Kanye West documentary premieres at Sundance

A documentary on the life of Kanye West premiered online at Sundance Film Festival on Sunday night. 
Fashion
Christian Dior’s creative community couture

Christian Dior’s creative community couture

A collective display by Christian Dior on Monday, with a sober and somber collection of international couture, where the key message was less a singular designer’s vision than a collective team effort.
Luxury
Sales of LVMH's Hublot, Bulgari watches top pre-pandemic levels

Sales of LVMH's Hublot, Bulgari watches top pre-pandemic levels

LVMH's luxury watch brands Hublot and Bulgari have pushed sales above 2019 levels in the past year and more growth is expected this year on strong U.S. demand, company executives have said.
Luxury
Chiara Ferragni seeks investor to expand abroad

Chiara Ferragni seeks investor to expand abroad

Italian Instagram star Chiara Ferragni has mandated BNP Paribas to find a new investor to help grow her fashion brand internationally, one of her financial backers said on Monday.
Fashion
Crossrail's Bond Street delay is blow to retail

Crossrail's Bond Street delay is blow to retail

​The opening of the new Elizabeth Line that’s a key part of the London transport network will happen in the next few months without the opening of the Bond Street Crossrail station, Transport for London has announced.
Fashion
Plans approved to redevelop Altrincham House of Fraser store

Plans approved to redevelop Altrincham House of Fraser store

​The House of Fraser store in Altrincham, Greater Manchester might be no more, but the 75,000 sq ft site isn’t being lost to retail altogether.
Luxury
Sustainability, tech, flexibility are key factors when buying luxury - report

Sustainability, tech, flexibility are key factors when buying luxury - report

​Sustainability is not just a consideration but “a major factor when making a luxurious purchase with 51% seeing it as a sustainable and environmentally-friendly choice”, a Klarna study claims.
Luxury