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Australian fashion week to take place May 15

Australian fashion week to take place May 15

IMG announced on Tuesday its lineup of designer runway shows and programming for Afterpay Australian Fashion Week (AAFW): The Experience, taking place from May 15 – 19 at Sydney's Carriageworks. 
Fashion
Gucci's challenge: reigniting heat while boosting timeless appeal

Gucci's challenge: reigniting heat while boosting timeless appeal

Sabato De Sarno needs to spark heat with a new direction at Guicci, analysts say - a delicate task, given the emphasis executives have also put on the label's timeless appeal.
Luxury
London-based Emperia gets £10m to boost metaverse e-tail

London-based Emperia gets £10m to boost metaverse e-tail

​London-based software start-up Emporia has raised over £10 million of expansion funding “to reimagine the e-commerce space”. It’s aiming to bring retail into the metaverse by providing the tech to build virtual stores.
Fashion
Matchesfashion gets £60m cash injection from owner

Matchesfashion gets £60m cash injection from owner

​Matchesfashion’s owner Apax partners has agreed a £60m funding package for the luxury retailer as it continues to work on its turnaround. The new package comprises £40m of equity and £20m of additional debt.
Luxury
Pure London announces new brands for February, Pure Edge sponsor

Pure London announces new brands for February, Pure Edge sponsor

Hyve Group is hailing next month’s Pure London trade show as “the most pioneering exhibition of international fashion talent yet”. 
Fashion
London's West End success give Shaftesbury a Christmas boost

London's West End success give Shaftesbury a Christmas boost

When central London retail performs, so too does commercial property giant Shaftesbury. After all, it does own a 6.4-acre, 600-building portfolio in the heart of London's West End.
Fashion
UK store vacancies shrink but are still high - report

UK store vacancies shrink but are still high - report

UK retail vacancy rates improved in the final quarter of 2022 to 13.8%. But before you get too excited, it was only better by 0.1% on Q3 and 0.6 percentage points better than the same period last year.
Fashion
Louis Vuitton launches baby collection

Louis Vuitton launches baby collection

The Parisian luxury label has taken its first steps into childrenswear with a collection for new-born babies up to 12 months of age, which will be available at select Louis Vuitton stores from March 3.
Luxury
Bernard Arnault delivers the good and the bad

Bernard Arnault delivers the good and the bad

The LVMH chairman took advantage of the record results presentation to underline the power of the luxury giant in the face of its rivals but also to praise its managers, while avoiding the subject of his succession.
Luxury
Jill Biden’s inauguration outfits added to the official Smithsonian collection

Jill Biden’s inauguration outfits added to the official Smithsonian collection

The designer wore Gabriela Hearst and Markarian ensembles when President Joe Biden was sworn into office.
Fashion
Mila Schön names Marc Audibet creative director in major investment plan

Mila Schön names Marc Audibet creative director in major investment plan

Famed Milanese fashion house Mila Schön has named Marc Audibet to be its new creative director in major investment plan to relaunch the brand, backed by new Italian investors.
Fashion
Valentino dives deeper into creative circularity with La Réserve des Arts

Valentino dives deeper into creative circularity with La Réserve des Arts

​As recycling becomes a key focus of all aspects of a fashion business, Valentino has announced an interesting link-up that aims to re-use its runway show sets for creative purposes.
Luxury
Aelis, Juana Martín and Imane Ayissi's contemporary craftsmanship

Aelis, Juana Martín and Imane Ayissi's contemporary craftsmanship

The last day of Paris Haute Couture Week saw exquisite collections from several international brands, ranging from minimalist and artisanal collections, to Flamenco and African-inspired ones. 
Luxury
Prada appoints former Luxottica chief Guerra as new CEO

Prada appoints former Luxottica chief Guerra as new CEO

Italian fashion group Prada said on Friday it appointed former Luxottica chief Andrea Guerra as its new chief executive officer, taking the place of Patrizio Bertelli and Miuccia Prada as planned.
Luxury
Kering appoints Sabato De Sarno as creative director of Gucci

Kering appoints Sabato De Sarno as creative director of Gucci

French luxury group Kering has appointed Sabato De Sarno as creative director of Gucci, it said on Saturday. He will present his debut runway collection at Milan Women’s Fashion Week in September 2023.
Luxury
LVMH markets level out in 2022, betting on the recovery in China for 2023

LVMH markets level out in 2022, betting on the recovery in China for 2023

The luxury giant's main markets levelled out last year, with Asia, the US and Europe each accounting for around 25-30%, while it is betting on a strong recovery in China in 2023.
Luxury