Luxury
The latest news
The Outnet launches localised German language site
Yoox Net-A-Porter’s luxury outlet e-store The Outnet has launched a new localised German-language site for Germany and Austria.
Luxury
Hugo Boss adds to webstore total as it targets €300m in web sales this year
Hugo Boss is diving further into online with a major expansion of its webstore offer. The company has gone online in 12 additional markets.
Luxury
Self-Portrait unveils Kate Moss campaign
Self-Portrait has launched a high-profile campaign with the London-based brand signing up well-known Londoner Kate Moss as it star. The campaign features a series of portraits of Moss shot by Nigel Shafran.
Fashion
Creative director Paul Andrew leaves Salvatore Ferragamo
British designer Paul Andrew, head of all collections at Florentine luxury brand Salvatore Ferragamo since 2019, will leave his role at the business in May. The brand’s in-house team will take over his responsibilities.
Luxury
Kering lays down more roots in Italy with logistics platform in Trecate
With its new logistics centre in Trecate, west of Milan, luxury group Kering is continuing to invest in Italy where it currently counts 44 sites including factories, laboratories, and offices.
Luxury
Selfridges and Primark magnate W. Galen Weston dies
W. Galen Weston, patriarch of one of Canada’s wealthiest families and retail titan, has died at age 80, according to a statement by the family on Tuesday.
Fashion
Stellar Vuitton growth powers LVMH sales in first quarter
Surging sales at Louis Vuitton and Dior helped French luxury giant LVMH make a very strong start to 2021, with overall revenues returning to growth in the first quarter despite new coronavirus lockdowns in Europe.
Luxury
Dior in Shanghai: See-now-buy-now pre-fall 2021 boogie night on the Bund
Just as more and more brands opt for being super digital, Christian Dior is keeping it very real; and live, as it did Monday night, when it unveiled its pre-fall 2021 collection to an audience of 1,000 in Shanghai.
Luxury
BFC announces Changemakers Prize in link with Swarovski
The BFC has launched a new prize that aims to “discover and celebrate the unsung stars who go above and beyond, making outstanding contributions and striving for positive change”.
Fashion
Swiss watch expo switches to Shanghai after virtual debut
Geneva's international expo of fine watches switches to Shanghai on Wednesday for a physical version after staging an online edition to keep the prestigious fair going during the pandemic.
Luxury
Signet ups Q1 and full-year guidance
The international jewelry retailer announced on Monday that it has raised its financial guidance for the current first quarter and full fiscal year, citing stronger than expected conversion and average ticket values.
Luxury
Business digitisation specialist Trax raises $640 million
Singapore-based specialist in the digitisation of retail brands, Trax has announced that it has raised funds totalling €539 million ($640 million) which it will use to develop its services for retailers.
Fashion
Jendaya is a new luxury platform focused on Africa
Prada, Givenchy, and Marine Serre are just some of the labels that will be available on this new luxury platform aimed at African consumers, alongside local labels such as Rich Mnisi, AAKS, and Imad Eduso.
Luxury
Shoppers in England and Wales flock to physical stores on reopening day
They’re back! Shoppers were out in full force up and down the high streets and shopping centres of England and Wales for the grand reopening of non-essential retail on Monday (12 April).
Fashion
Bottega Veneta stages secret show in Berlin nightclub Berghain
Bottega Veneta took its social media distancing position to a new level of aloofness this weekend, when it announced that it had staged a secret show in Berlin nightclub Berghain, while not releasing images of the event.
Fashion
Many Britons to stick to lockdown spending habits - survey
News to dampen non-essential retail reopening day enthusiasm. Don’t expect those who’ve saved money over the past year to hit the spend, spend, spend button.
Fashion