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Luxury

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Amsterdam brand Daily Paper opens first international store in New York

Amsterdam brand Daily Paper opens first international store in New York

Opened on October 24, the NYC flagship is located on the Lower East Side of Manhattan and marks Daily Paper's first permanent retail space outside of Amsterdam.
Luxury
Galeries Lafayette to open its third store in China in 2022

Galeries Lafayette to open its third store in China in 2022

Despite the global health crisis, Galeries Lafayette is continuing to pursue expansion in China. Following Beijing and Shanghai, the French department store will open a store in Guiyang in 2022.
Luxury
The RealReal opens biggest store yet in Chicago

The RealReal opens biggest store yet in Chicago

The San Francisco-based digital-first luxury consignment platform has opened its first flagship store in the Windy City, its largest location to date, featuring in-store valuation and tailoring services.
Luxury
NRF expects above-average spending on gifts this holiday

NRF expects above-average spending on gifts this holiday

According to a study carried out by NRF, consumers will be spending more than usual on gifts this holiday season as they look to distract themselves from the stress of the Covid-19 pandemic.
Fashion
Roberto Cavalli puts Fausto Puglisi in charge of design

Roberto Cavalli puts Fausto Puglisi in charge of design

The Sicily-born, Milan-based stylist is taking charge with immediate effect as design consultant, but his first collection for Roberto Cavalli will be unveiled in January 2021.
Fashion
Ralph Lauren unveils gender parity roadmap for the fashion industry

Ralph Lauren unveils gender parity roadmap for the fashion industry

The iconic New York-based fashion group has teamed up with non-profit Parity.org and a group of industry peers, including PVH Corp. and Lacoste, to reveal a new roadmap for achieving gender parity in the fashion sector.
Fashion
Expect tough winter as UK consumer confidence tumbles, luxury could suffer

Expect tough winter as UK consumer confidence tumbles, luxury could suffer

UK retail took a big hit on Friday with negative news that consumer confidence plummeted in October with GfK’s index delivering worsening figures ahead of what could be a dismal Christmas selling period.
Fashion
Harvey Nichols Mailbox store finally reopens Friday

Harvey Nichols Mailbox store finally reopens Friday

​Harvey Nichols is finally reopening its department store in Birmingham's Mailbox shopping centre, months after it closed due to the UK lockdown.
Luxury
Calvin Klein names Linh Peters as global chief marketing officer

Calvin Klein names Linh Peters as global chief marketing officer

Peters will drive brand experience, product marketing and data-driven marketing innovation for the Calvin Klein brand, and will oversee all aspects of Calvin Klein’s consumer marketing organization. 
Fashion
Moncler pledges carbon neutrality by 2021, recycling in new plan

Moncler pledges carbon neutrality by 2021, recycling in new plan

Luxury puffer jacket maker Moncler committed on Thursday to making production sites carbon-neutral by 2021 and said it would start using certified recycled down, in a process requiring 70% less water than before.
Luxury
Kering luxury brands recover from virus hit, though Gucci lags

Kering luxury brands recover from virus hit, though Gucci lags

French luxury group Kering confirmed a broad recovery in sales of high-end goods in the third quarter as Asian and U.S. demand helped revenues improve, though its star Gucci brand underperformed rivals.
Luxury
London landlord Shaftesbury raises £307m, Capco invest further £65m

London landlord Shaftesbury raises £307m, Capco invest further £65m

​Shaftesbury became the latest London landlord on Thursday to announce that it's raising extra capital with the company issuing new shares in order to raise £307 million.
Fashion
Prada appoints Malika Savell as chief diversity, equity and inclusion officer

Prada appoints Malika Savell as chief diversity, equity and inclusion officer

The Italian label too has introduced the role of director in charge of diversity, equity and inclusion. Based in North America, the position has been entrusted to Malika Savell, formerly with French luxury group LVMH.
Luxury
Hermès echoes luxury sales rebound amid online surge

Hermès echoes luxury sales rebound amid online surge

Hermès' comparable sales picked up in the third quarter, rising 7%, and the Birkin bag maker said this positive momentum had extended into October after a strong rebound in Asia and surging online revenues.
Luxury
Browns marks 50 years with exclusives, retro-modern campaign and webstore revamp

Browns marks 50 years with exclusives, retro-modern campaign and webstore revamp

​London destination store Browns is celebrating its 50th anniversary with a major campaign, a raft of exclusives, a webstore redesign and lots more activity to mark the influential store’s half-century.
Luxury
Dover Street Market to launch new store and concept in Paris

Dover Street Market to launch new store and concept in Paris

After opening its first Paris store dedicated to beauty in 2019, Rei Kawakubo and Adrian Joffe’s established brand Dover Street Market is preparing to open a store in the French capital dedicated to emerging designers.
Luxury