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Saint Laurent and Isabel Marant to open new stores in Los Angeles

Saint Laurent and Isabel Marant to open new stores in Los Angeles

The Palisades Village mall, west of Los Angeles, will see the opening of two new French boutiques in the coming weeks, with Saint Laurent and Isabel Marant making their entrance.
Luxury
Copenhagen Fashion Week: Stamm wins Zalando Sustainability Award

Copenhagen Fashion Week: Stamm wins Zalando Sustainability Award

​Stamm has won the AW23 Zalando Sustainability Award at Copenhagen Fashion Week with the brand having demonstrated “impressive craftsmanship as well as deep understanding and execution of more sustainable practices".
Fashion
Investor Ryan Cohen takes stake in Nordstrom

Investor Ryan Cohen takes stake in Nordstrom

Activist investor Ryan Cohen is racking up a sizable stake in Nordstrom and plans to urge the department-store chain to make changes to its board after a decline in share prices, the Wall Street Journal reported.
Luxury
Cristina Betts bullish for Iguatemi, explains the Brazilian giant’s future M&A roadmap

Cristina Betts bullish for Iguatemi, explains the Brazilian giant’s future M&A roadmap

This past week in Paris, Brazil’s most important luxury retailer Iguatemi feted its rebound from the pandemic, as its CEO Cristina Betts explained its M&A plans and predicted double continued digit growth in 2023.
Fashion
London Fashion Week announces final February schedule including Lee's Burberry debut

London Fashion Week announces final February schedule including Lee's Burberry debut

The British Fashion Council has released its London Fashion Week schedule, taking place 17-21 February. Top billing goes to British luxury brand Burberry on Monday (20th) under the new creative direction of Daniel Lee.
Fashion
Prada tops Lyst Index for first time, Saint Laurent bag is top product

Prada tops Lyst Index for first time, Saint Laurent bag is top product

Prada hit something of a low just a few years ago due to the pandemic. But its impressive recovery was underlined on Thursday as the latest instalment of the Lyst Index showed it as the hottest brand in the world.
Fashion
Tapestry announces new ESG strategy, goals for 2023

Tapestry announces new ESG strategy, goals for 2023

The company’s 10th report introduces the ‘Fabric of Change’, Tapestry’s updated ESG strategy including new goals to match its ambitions, starting with new science-based targets. 
Luxury
Care & repair arrives at Net-A-Porter, Mr Porter and The Outnet in The Seam deal

Care & repair arrives at Net-A-Porter, Mr Porter and The Outnet in The Seam deal

​In another sign that repair is one of the key trends for 2023, YNAP said its in-season and off-price e-tailers Net-A-Porter, Mr Porter and The Outnet are launching their first dedicated customer care & repair offers.
Fashion
UK's competition body investigates Richemont-Farfetch deal for YNAP

UK's competition body investigates Richemont-Farfetch deal for YNAP

The UK’s Competition and Markets Authority (CMA) is looking into Farfetch’s purchase of a stake in Yoox Net-A-Porter, owned by Swiss luxury goods group Richemont, claiming it might reduce competition in the UK market.
Fashion
Lanvin Group CFO resigns ahead of full-year results announcement

Lanvin Group CFO resigns ahead of full-year results announcement

Lanvin Group announced on Tuesday the resignation of its chief financial officer, Shang Koo. David Chan, the Group's executive president, will serve as interim CFO while the luxury group searches for Koo's replacement. 
Luxury
Brand Machine Group buys London tailor Peckham Rye

Brand Machine Group buys London tailor Peckham Rye

BMG has illustrated the importance of its developing menswear ops with news that it has acquired the Peckham Rye label. And it willl make the most of its "strong sense of old-school south London cockiness".
Fashion
Hunter Boot seeks £8m cash boost, sale talks are progressing - report

Hunter Boot seeks £8m cash boost, sale talks are progressing - report

​More detail has emerged around Hunter Boot’s search for new funding with a report saying it's seeking £8 million of working capital and is in talks with financiers including Gordon Brothers.
Fashion
Proenza Schouler introduces the Bar Bag in spring 2023 campaign

Proenza Schouler introduces the Bar Bag in spring 2023 campaign

Proenza Schouler launched on Monday a spring/summer 2023 campaign, featuring models Kendall Jenner and Selena Forrest, as well as the musician, Arca. 
Luxury
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
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