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Luxury

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Happy Armani buoyant in 2022, says China bounces back in Q1 2023

Happy Armani buoyant in 2022, says China bounces back in Q1 2023

​Armani Group’s 2022 results have shown ongoing progress at one of the world’s best-known luxury names as net revenues jumped 16.5% to €2.35 billion and profit rose even faster.
Fashion
Loewe opens in Japan first leather goods repairs store

Loewe opens in Japan first leather goods repairs store

The Spanish luxury label has chosen Japan, where it has been present for 50 years, to open a store entirely dedicated to the repair and maintenance of leather articles, the core of its product range.
Luxury
Italy’s Prada Group partners with Adobe to reimagine retail experience

Italy’s Prada Group partners with Adobe to reimagine retail experience

Italian luxury fashion company Prada Group and Adobe have announced an enhanced partnership to elevate customer experiences across all digital and physical retail properties.
Luxury
Louis Vuitton braves rain on its Italian island paradise

Louis Vuitton braves rain on its Italian island paradise

Louis Vuitton valiantly battled pounding rain on an Italian island paradise while presenting its cruise collection Wednesday night, the weather sending celebrity guests underneath umbrellas and dampening a hairdo or two.
Luxury
LA fashion brand Co opens 'Co on Western' in Melrose Hill, the new hotspot for arts

LA fashion brand Co opens 'Co on Western' in Melrose Hill, the new hotspot for arts

The Los Angeles and Paris-based Co brand, founded 12 years ago by Stephanie Danan and Justin Kern, just opened a new space in the Melrose Hill neighborhood, on a new block dedicated to arts. 
Luxury
Ferragamo launches Pre-Fall 2023 collection

Ferragamo launches Pre-Fall 2023 collection

The collection launches with a campaign, captured by Tyler Mitchell, marking a first for the brand under the creative direction of Maximilian Davis.
Luxury
Bottega Veneta launches 'The Square' in São Paulo

Bottega Veneta launches 'The Square' in São Paulo

Bottega Veneta launched on Wednesday a unique artistic program at Lina Bo Bardi’s Casa de Vidro (Glass House) in São Paulo, celebrating Brazilian culture. 
Luxury
Guess swings to loss on lagging Americas retail, wholesale revenues

Guess swings to loss on lagging Americas retail, wholesale revenues

Guess Inc. announced on Wednesday revenues for the first quarter decline 4% to $569.8 million, on the back of plunging U.S. retail and wholesale sales, partially offset by a surge in retail sales in Asia. 
Fashion
Balmain and Olivier Rousteing celebrate the Pre-Fall 2023 collection with New York-style fete

Balmain and Olivier Rousteing celebrate the Pre-Fall 2023 collection with New York-style fete

The French creative director welcomed VIP clients, fashion influencers, and press to view his collection that bows this month.
Fashion
Barbour gets new UK MD as US chief Wilkinson adds to his role

Barbour gets new UK MD as US chief Wilkinson adds to his role

​Barbour has a new MD for its core UK and Ireland market with the upscale British label promoting Paul Wilkinson from within its ranks.
Fashion
Hayley Menzies opens on Carnaby's Newburgh Street

Hayley Menzies opens on Carnaby's Newburgh Street

London’s Carnaby continues to be a magnet for fashion independents with contemporary luxury brand Hayley Menzies choosing the Shaftesbury Capital operated area for its second London store.
Fashion
Anine Bing opens in Covent Garden

Anine Bing opens in Covent Garden

​Los Angeles-based fashion house Anine Bing has unveiled its new store in London’s Covent Garden, the brand’s third UK retail space.
Fashion
Gucci drops Vault Summer collection in collaboration with eight labels

Gucci drops Vault Summer collection in collaboration with eight labels

The Italian label has invited eight designers and brands, among them Husbands and Maison Michel from France, to style the new summer collection for its experimental site Vault, inspired by the Gucci archives.
Luxury
Luxury sector’s share prices dip sharply after prolonged rally

Luxury sector’s share prices dip sharply after prolonged rally

The European luxury sector struggled on the stock market as trading drew to a close on Tuesday, a slump triggered by widespread profit-taking, rising bond yields and signs of declining demand in the USA.
Luxury
Chanel invests in the Cariaggi Lanificio mill alongside Brunello Cucinelli

Chanel invests in the Cariaggi Lanificio mill alongside Brunello Cucinelli

The French luxury house has acquired a 24.5% stake in the historic Cariaggi Lanificio mill in a deal with Italy's Brunello Cucinelli, which also had a stake in the company.
Fashion
Record West End retail rentals for landlord GPE but it swings to loss

Record West End retail rentals for landlord GPE but it swings to loss

Central London is the place to be if you’re renting prime commercial and office space. Demand is sky-high and in Wednesday’s year-end results, key landlord GPE referred to its “strong strategic positioning".
Fashion