France-based malls giant Unibail-Rodamco-Westfield (URW) has reported “continued recovery across all business divisions” and on Thursday said that Q2 tenant sales are exceeding pre-Covid levels.
Luxury outerwear giant Moncler has reported a currency-neutral 46% surge in sales for the first half of 2022, helped by growth in both the US and Europe even though key luxury market China saw a slowdown.
Luxury consignment retailer The RealReal announced on Wednesday a partnership with Beckett Collectibles to offer comic book and trading card grading services.
Luxury e-commerce platform Mytheresa announced on Wednesday the expansion of its partnership with Vestiaire Collective, the global luxury fashion resale destination, into the U.S. market.
After recently acquiring Byredo, the Spanish group has once again reached for its wallet and acquired a majority stake in the natural cosmetics firm founded by Johana Sanint, who will remain at the helm of the brand.
Sales at French luxury group Kering's top brand Gucci rose by just 4% in the second quarter, the group said on Wednesday, as a new round of lockdowns weighed on revenues in the key Chinese market.
Fast-growing luxury retailer Watches of Switzerland is ensuring its existing store portfolio maintains its prestige status. So its flagship showroom on London’s Regent Street has undergone a major refurbishment.
UK retail sales volumes continued to fall month-on-month, albeit slightly, in the year to July, according to the latest CBI Distributive Trades Survey. Online sales volumes also painted a similar picture.
Burberry has partnered with global esports organisation Gen.G for the launch of a four-part educational content series “to champion women and the importance of inclusivity within gaming”.
Moss Bros is extra busy with the menswear specialist opening four new stores, including a concept store on London’s Jermyn Street. It’s rolling out its casual offer to all of its locations too.
Stylus has released a new platform and refreshed its branding “to signal a new phase of growth under CEO Victoria Rennie”. It worked with Re Design on its brand strategy, and Matter Of Form on the new platform.
Designer Jimmy Choo’s JCA/London Fashion Academy is to host its first-ever London Fashion Week show on 19 September, along with its ‘designer-in-residence’ Patrick McDowell.
The Japanese group recently bought the Parisian luxury label, and intends to accelerate its expansion across Asia, especially in China and Korea, while maintaining its links with Paris to capitalise on its brand image.
Italy’s Camera Nazionale della Moda Italiana and Valentino are continuing their link-up with guest designers and have chosen Galib Gassanoff and Luca Lin of ACT N°1 for a guest spot during the next Milan Fashion Week.
Gucci was back in top spot in Q2 as the Lyst Index showed a surge in popularity on the back of its Adidas collab. In fact, collaborations were hot this quarter, while summer items, Diesel and 'naked' dresses also surged.
