The latest news
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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 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.
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.
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".