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Luxury

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UK retail sales normalised in May, but fall expected in June, online awful - CBI

UK retail sales normalised in May, but fall expected in June, online awful - CBI

​UK retailers reported just “average” sales for the time of year in May (0% from -24% in April), up from a weaker- than-normal previous month. But overall sales are expected to fall below seasonal norms again in June.
Fashion
Cartier develops its program dedicated to female entrepreneurship

Cartier develops its program dedicated to female entrepreneurship

The Richemont-owned luxury jewelry brand is reaffirming its commitment to gender equality. It has already granted a total of €6 million to female entrepreneurs via this project. 
Luxury
Tommy Hilfiger unveils men's jewellery collection

Tommy Hilfiger unveils men's jewellery collection

European retail specialist Thom Trade Italy has launched the men's jewellery collection by Tommy Hilfiger Jewels. The line features items in steel and leather, with prices ranging from €49 to €89.
Luxury
Latest Burberry TB Monogram campaign stars Gisele Bündchen

Latest Burberry TB Monogram campaign stars Gisele Bündchen

​Burberry has unveiled its latest campaign for its TB Summer Monogram collection and has enlisted supermodel Gisele Bündchen to front the imagery that “celebrates the brand’s house code of duality”.
Luxury
Cash-strapped Britons cut back on clothing, cosmetics

Cash-strapped Britons cut back on clothing, cosmetics

​As the cost of living crisis deepens, Britons have a long list of items they're cutting back on and a new study shows that top of the list is clothing.
Fashion
Marco De Vincenzo is new Etro creative chief, accessories will be key

Marco De Vincenzo is new Etro creative chief, accessories will be key

​Etro, the luxury Italian label controlled by the L Catterton fund, has named Marco De Vincenzo as its new creative director. Starting early next month, he’ll be in charge of the women's, men's and home collections.
Fashion
Marine Serre and Fursac join Paris Fashion Week Men's official lineup

Marine Serre and Fursac join Paris Fashion Week Men's official lineup

The Chambre Syndicale de la Mode Masculine released the official Paris Fashion Week Men's calendar, taking place from June 21 to 26, 2022.
Fashion
Nordstrom defies retail slump with higher results forecast

Nordstrom defies retail slump with higher results forecast

Nordstrom Inc raised its annual profit and revenue forecasts on Tuesday as the upscale retailer counts on demand from affluent consumers to help it overcome decades-high inflation.
Fashion
Richemont opens first Jaeger-LeCoultre boutique in Madrid

Richemont opens first Jaeger-LeCoultre boutique in Madrid

The Swiss luxury watchmaking company, which has corners in El Corte Inglés in Spain, has set up shop at number 11 of José Ortega y Gasset street in Madrid.
Luxury
Agnelli's Exor appoints Hermes CEO as board member in latest luxury push

Agnelli's Exor appoints Hermes CEO as board member in latest luxury push

Exor, the holding company of Italy’s Agnelli family, said on Tuesday it has appointed Axel Dumas, CEO of French fashion house Hermes , as a non-executive board member, its latest move in the luxury sector.
Luxury
Celine launches a pet accessories line

Celine launches a pet accessories line

The LVMH-owned brand has launched an ultra-chic pet accessories collection. Its muse is none other than Elvis, creative director Hedi Slimane’s labradoodle. 
Luxury
Ralph Lauren expects margins to grow on resilient luxury demand

Ralph Lauren expects margins to grow on resilient luxury demand

Ralph Lauren Corp forecast full-year revenue above estimates on Tuesday, as demand for its affordable luxury goods from the affluent in the United States and Europe stays strong.
Luxury
Chanel strong in 2021 and upbeat for 2022 as it beats pre-Covid figures

Chanel strong in 2021 and upbeat for 2022 as it beats pre-Covid figures

Luxury giant Chanel on Tuesday reported 2021 revenues that surged 49.6% year-on-year to $15.6 billion. And it's  confident it will deliver another year of solid growth in 2022.
Luxury
Harrods names new finance chief as pandemic recovery continues

Harrods names new finance chief as pandemic recovery continues

​Luxury department store Harrods has finally appointed its first chief financial officer in five years. Tim Parker will join the business after 10 years at Hong Kong-based, London-listed conglomerate Jardine Matheson.
Luxury
Delivery issues are deal-breakers for most marketplace e-shoppers - report

Delivery issues are deal-breakers for most marketplace e-shoppers - report

​Delivery systems that can be trusted have always been essential for online retailers in keeping consumers happy. But research shows delivery is now one of the biggest deal-breakers.
Luxury
Stella McCartney's groundbreaking Mylo-based bag goes on sale in July

Stella McCartney's groundbreaking Mylo-based bag goes on sale in July

​Stella Mccartney will take a key step forward in the use of vegan leather on July 1 with the label set to launch the Frayme Mylo bag at retail on that day.
Fashion