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Steve Madden revenues creep back into growth in Q1

Steve Madden revenues creep back into growth in Q1

The American footwear and accessories group announced on Wednesday that its revenues for the fourth quarter ended March 31, 2021, totaled $361.0 million, an increase of 0.5% from $359.2 million in the prior-year period.
Fashion
Luxury: Multibrand e-tailers the winning proposition

Luxury: Multibrand e-tailers the winning proposition

Covid-19 has boosted e-tail, especially for multibrand sites and leading luxury labels, according to a study by Bernstein for Altagamma. An evolution that means other labels need to rethink their commercial strategy.
Luxury
Gucci tops Lyst Index again, but Nike and Dior snap at its heels

Gucci tops Lyst Index again, but Nike and Dior snap at its heels

Gucci, Nike and Dior were the hottest names in fashion in Q1 while designer collabs, resale, and consumers getting ready for a return to nromal life also impacted the latest Lyst Index.
Fashion
Mulberry upbeat on profits despite year of lockdowns

Mulberry upbeat on profits despite year of lockdowns

​Mulberry's trading update has revealed that — unlike many companies in the wake of lockdowns in the last year — it will report “a small underlying profit before tax” for the 12 months to the end of last month (FY21).
Fashion
Isabel Manns and Taylor Yates open Marylebone pop-up

Isabel Manns and Taylor Yates open Marylebone pop-up

British womenswear designer Isabel Manns and bag brand Taylor Yates have launched a joint pop-up shop at 96 Marylebone High Street with a focus on sustainability and 'giving back'.
Fashion
Frasers opens upgraded Cruise luxury store in Glasgow

Frasers opens upgraded Cruise luxury store in Glasgow

​Frasers Group continues to be one of the most active UK retailers in terms of new store openings and on Monday – as Scottish non-essential stores were allowed to reopen – it unveiled its newly refurbished Cruise store.
Fashion
LVMH raises Tod's stake to 10%

LVMH raises Tod's stake to 10%

French luxury goods group LVMH will increase its stake in fashion company Tod’s to 10%, Tod’s said, in a move which sources described as “friendly support” for the Italian struggling leather goods maker.
Luxury
'Gucci Beloved' launches with talk show-inspired campaign

'Gucci Beloved' launches with talk show-inspired campaign

Gucci launched a new campaign for Gucci Beloved on Thursday that takes a string of well-known stars on The Beloved Show, a version of a late-night "Hollywood” talk show.
Luxury
Pandemic impact: Farfetch says consumers shop more sustainably now

Pandemic impact: Farfetch says consumers shop more sustainably now

​Farfetch has just published its first annual Conscious Luxury Trends Report, examining how luxury consumers are shopping more responsibly.
Fashion
Hermès opens third store in London's Harrods

Hermès opens third store in London's Harrods

​Hermès has opened an entirely new space inside London’s Harrods, dedicated exclusively to women’s product. The store celebrates the “depth and richness” of its female-focused collections”.
Luxury
World's most valuable apparel brands: Nike, Gucci top again, ASOS and Boohoo are buoyant

World's most valuable apparel brands: Nike, Gucci top again, ASOS and Boohoo are buoyant

Nike has once again claimed the title of the world’s most valuable apparel brand. It’s the seventh year in a row that it has taken top spot in the annual Brand Finance ranking.
Fashion
Hermès buoyant in Q1 as Asia, US and online soar

Hermès buoyant in Q1 as Asia, US and online soar

​Hermès had a good first quarter as all of its business lines returned to growth and the company said it saw "a remarkable increase" in ready-to-wear and accessories, as well as watches and other categories. 
Luxury
Heather Kaminetsky joins Mytheresa as president for North America

Heather Kaminetsky joins Mytheresa as president for North America

The German luxury e-tailer announced on Wednesday that, as part of its aggressive expansion strategy in the U.S. and Canada, Heather Kaminetsky will be joining the company as president for North America on June 1, 2021.
Luxury
Fourth edition of Loewe Foundation’s Craft Prize will be 100% digital, opening on May 25

Fourth edition of Loewe Foundation’s Craft Prize will be 100% digital, opening on May 25

The showcase features 30 finalists whose works are made out of materials as diverse as textiles, ceramics, wood, copper and resin, among others, and will use 3D technology and augmented reality.
Luxury
Burberry Autumn/Winter 2021: Warrior-woman feminism with flags

Burberry Autumn/Winter 2021: Warrior-woman feminism with flags

Burberry’s chief creative officer Riccardo Tisci dedicated his latest collection to warrior women like his mother; a homage to feminine power featuring all manner of flags, unveiled online on Wednsday.
Luxury
Robert Buchbauer announces new sustainability goals for Swarovski

Robert Buchbauer announces new sustainability goals for Swarovski

Just short of a year after his appointment as the crystal maker’s CEO, Robert Buchbauer has reaffirmed the 126-year old company’s dedication to sustainability with the announcement of six new key commitments.
Fashion