Luxury
The latest news
Jules B gets six-figure investment to expand etail offer
UK upscale fashion retailer Jules B is to develop and grow its online business after securing £250,000 in investment, particularly targeting more International business.
Luxury
Game-changing new Frasers store set for for Monday debut
As shops in England return on Monday, Frasers Group will open a milestone development. It’s the first brand-new Frasers store in the UK with a debut in Wolverhampton.
Fashion
Olympia Le-Tan links with Harper's Bazaar for clutch collection
Paris-based handbag brand Olympia Le-Tan is to launch a limited-edition book clutch collection in partnership with Harper’s Bazaar, the world’s longest-established luxury fashion magazine.
Luxury
Frasers downgrades asset values on fears of third wave
Frasers Group issued a gloomy outlook on Friday warning that further Covid-19 restrictions could mean it taking a hit of more than £200 million as far as the valuation of its assets are concerned.
Fashion
StockX valued at $3.8 billion after latest funding round
The Detroit-based online resale platform announced on Thursday that it has completed a new funding round, bringing the company’s total valuation up to $3.8 billion.
Fashion
Brioni creates collection with Brad Pitt
The American star is strengthening his ties with the Italian luxury brand, collaborating in the creative process of a capsule collection dubbed "BP Signature."
Luxury
Kering overhauls logistics
The French group has unveiled a new logistics hub in Trecate, northern Italy, which will bring together all of its European operations. The logistical reorganization will also affect the U.S., the Middle East and Asia.
Luxury
Gucci launches first luxury watch line
After stepping into fine jewellery, luxury brand Gucci has diversified into luxury watch-making with a dedicated collection conceptualised by creative director Alessandro Michele and manufactured in Switzerland.
Luxury
Berluti unveils Living Together Apart, its winter 2021 collection
Berluti unveiled its latest collection on Thursday, an unlikely blend of natty tailoring and painterly abstraction that nonetheless managed to gel very succinctly.
Luxury
Atterley gets new investment for US growth as sales rise fast
Fashion retailer Atterley.com, which counts Alexandra Shulman as an advisor, has raised £3 million through a funding round backed by Maven Capital Partners, by Scottish Enterprise and existing shareholders.
Fashion
Retailers say no thanks to Covid status certificates
UK retailers seem to be unenthusiastic about the British government’s idea of Covid status certificates to allow people to enter certain locations.
Fashion
Fast Retailing's Uniqlo strong in H1 and March, but Theory struggles
Fast Retailing released H1 results on Thursday, plus its Japanese Uniqlo performance for March. Both reports showed the business is doing well in general, even if the H1 figures showed some smaller brands struggling.
Fashion
US teens still love Nike, embrace 90s trends and clean skincare - report
American teens have been increasing their spending slightly in the past year as the emergence of a female-led spending cycle driven by apparel has made an impact.
Fashion
Saks Fifth Avenue calls end to fur sales
The New York-based department store retailer has announced that it is closing its fur salons and plans to stop selling all products made using animal fur by the beginning of 2023.
Fashion
Swiss watchmakers go digital to show off new products, revive sales
Luxury Swiss watchmakers, usually not fans of online retailing, are launching a new digital Watches & Wonders event on Wednesday to show off their latest products, hoping to revive sales hit by the coronavirus crisis.
Luxury
Reese Witherspoon embraces clean beauty with Biossance
The Biossance brand has chosen American actress and producer Reese Witherspoon as its new global ambassador.
Luxury