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Bottega Veneta denies it's destocking after Daniel Lee items spotted at TK Maxx

Bottega Veneta denies it's destocking after Daniel Lee items spotted at TK Maxx

​Bottega Veneta has denied destocking inventory created under its now-departed creative chief Daniel Lee after items appeared on the rails of TJX’s UK discount retail chain TK Maxx.
Fashion
Luxury sportswear growing faster than traditional high-end fashion, says Deloitte

Luxury sportswear growing faster than traditional high-end fashion, says Deloitte

Luxury sportswear brands, such as Golden Goose, Stone Island and Barbour, dominate Deloitte's global ranking of the top 20 fastest-growing labels, in which Moncler is making an appearance for the sixth consecutive year. 
Fashion
Burberry opens Imagined Landscapes Selfridges pop-up for outerwear collection

Burberry opens Imagined Landscapes Selfridges pop-up for outerwear collection

​Burberry is putting plenty of support behind its outerwear this season and has opened its latest Imagined Landscapes pop-up with a debut at Selfridges in London where it already has a large concession.
Luxury
London Designer Outlet sales and footfall recover, names new GM

London Designer Outlet sales and footfall recover, names new GM

​Thriving London Designer Outlet in Wembley Park is securely on the recovery trail as the centre “sees sales approach pre-pandemic levels, having taken on a raft of new brands over the course of the past two years."
Fashion
Valentino in gaming link with Drest for party collection

Valentino in gaming link with Drest for party collection

​The importance of gaming and virtual reality continues to be reinforced among high-end brands with Valentino last week linking up with Drest to showcase its new party collection. 
Luxury
Elie Saab links with UK's Astound and Shopify to launch new, improved D2C site

Elie Saab links with UK's Astound and Shopify to launch new, improved D2C site

​Luxury label Elie Saab has launched a new direct-to-consumer (D2C) transactional site, offering “a content-rich, immersive brand experience that recreates the VIP in-store customer journey virtually”.
Luxury
Malmö Designer Village planned for 2025 debut, to be Scandinavia's largest

Malmö Designer Village planned for 2025 debut, to be Scandinavia's largest

​Sweden is to host Scandinavia’s largest designer outlet village with the project’s first phase set to open in summer 2025 while phase two will follow in autumn 2027.
Fashion
Balenciaga planning launch of department dedicated to metaverse

Balenciaga planning launch of department dedicated to metaverse

Following an incursion into gaming last year, the Parisian label has announced plans to take a deep dive into the virtual world with the creation of a dedicated metaverse service. 
Fashion
Chanel unveils arty new boutique in Miami

Chanel unveils arty new boutique in Miami

The iconic French fashion house opened a new boutique in Miami’s Design District on Thursday, revealing a two-floor couture destination designed by architect and longtime brand collaborator Peter Marino.
Luxury
Celine unveils Drone 'n' Roll Baie des Anges spring collection in Nice

Celine unveils Drone 'n' Roll Baie des Anges spring collection in Nice

Celine’s creative director Hedi Slimane unveiled the house’s latest women’s collection on Friday afternoon, via a fast-action video shot entirely in the Baie des Anges, the huge bay of Nice.
Luxury
Frasers Group secures funding deal worth nearly £1bn

Frasers Group secures funding deal worth nearly £1bn

​Fast-expanding Frasers Group has secured nearly £1 billion in fresh funding, with the deal becoming the largest support package in the UK retail sector this year.
Fashion
Moncler expands Rome boutique, launches Palm Angels Genius collection

Moncler expands Rome boutique, launches Palm Angels Genius collection

​Moncler has marked the 10th anniversary of its presence in Rome with the expansion of its boutique in Piazza di Spagna. 
Fashion
Top 100 luxury companies generated $252 billion in 2020

Top 100 luxury companies generated $252 billion in 2020

Following a challenging year, Deloitte’s latest Global Powers of Luxury Goods report shows that the revenues generated by the world’s top 100 luxury companies dropped from $281 billion in 2019 to $252 billion in 2020.
Luxury
Joseph Altuzarra launches 'genderful' brand Altu

Joseph Altuzarra launches 'genderful' brand Altu

Joseph Altuzarra introduced on Thursday a new "genderful" brand, dubbed 'Altu', that aims to reimagine and challenge traditional notions of dress. 
Luxury
Zegna unveils new logo, launches techy Zegna Outdoor capsule collection

Zegna unveils new logo, launches techy Zegna Outdoor capsule collection

Zegna may have just celebrated its 110th anniversary, but this is one brand that keeps on evolving. On Friday, the Italian marque will launch a new collection, Zegna Outdoor Capsule, and also unveils a brand new logo.
Fashion
The RealReal reports 51% GMV increase in November

The RealReal reports 51% GMV increase in November

The luxury resale marketplace announced on Thursday that gross merchandise value on its platform totaled approximately $146 million in November, with growth driven by shopping holidays such as Black Friday.
Fashion