UK retail footfall continues to lag pre-pandemic levels by a large margin with February footfall down 23% compared to the last normal month before Covid hit, the latest data from Datscha, analysed by RSM shows.
The return to physical shows has boosted the online platform dedicated to Paris Women's Ready-to-Wear Week, whose number of unique visitors more than doubled this season, according to data crunched by Launchmetrics.
Switzerland's top luxury watch fair will resurface this week in Geneva after two years of pandemic-induced virtual shows, but Ukraine's raging conflict and Covid lockdowns in China could dampen the mood.
Cartier-owner Richemont has stepped down from the Responsible Jewellery Council (RJC) after the industry body had failed to cut ties with Russia, Richemont chief financial officer Burkhart Grund told reporters Wednesday.
Mytheresa and Vestiaire Collective have extended their resale collaboration, which means Mytheresa’s UK luxury customers with items to sell will be able to take advantage of the French pre-owned marketplace’s services.
The Austrian company has signed a five-year partnership agreement with the Swiss carbon dioxide removal specialist. Founded in 2009, the company already collaborates with Microsoft, Shopify and Coldplay.
Tapestry’s US luxury fashion and leathergoods retailer Coach has opened an upsized store in Edinburgh’s £1 billion retail and entertainment destination St James Quarter, taking a new 3,140 sq ft space.
PVH Corp. announced on Tuesday strong fourth quarter revenue and earnings that surpassed expectations, capping off a year that saw annual revenues lift 28% and operating margins beat out 2019 pre-pandemic levels.