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Gucci rebound drives Kering's sales up 26% in Q1

Gucci rebound drives Kering's sales up 26% in Q1

Sales at Kering rose by 26% in the first quarter of 2021, led by a strong rebound for its star label Gucci, with growth in Asia and the United States more than offsetting new coronavirus lockdowns in much of Europe.
Luxury
LVMH, Prada and Cartier join forces on blockchain

LVMH, Prada and Cartier join forces on blockchain

Luxury groups LVMH and Prada along with Richemont-owned Cartier announced Tuesday they are joining forces on a blockchain that will allow consumers to authenticate their goods.
Luxury
Michael Kors fetes 40th anniversary with homage to Broadway

Michael Kors fetes 40th anniversary with homage to Broadway

Michael Kors feted his 40th anniversary with a performance by Rufus Wainwright; a video show shot outside and inside the Shubert Theatre; a vintage-with-a-twist collection and guest appearances by Broadway show legends.
Fashion
Thierry Andretta on Mulberry’s new Made to Last Manifesto

Thierry Andretta on Mulberry’s new Made to Last Manifesto

Can a bag save the world? Possibly not, but it can at least prevent it from becoming more polluted. At Mulberry the new goal is a farm-to-finished product supply chain. The house’s CEO Thierry Andretta explains how.  
Luxury
Mulberry unveils new Sustainability Manifesto

Mulberry unveils new Sustainability Manifesto

​What better way to celebrate your 50th anniversary year than the launch of an “ambitious” sustainability manifesto.
Luxury
Burberry embraces augmented reality for SS21 Pocket Bag launch

Burberry embraces augmented reality for SS21 Pocket Bag launch

Burberry is continuing its deep dive into technology and said that it's marking the SS21 launch of the Pocket Bag with an augmented reality experience.
Fashion
Elsa Lanzo takes over as president of the Chambre Syndicale de la Mode Masculine

Elsa Lanzo takes over as president of the Chambre Syndicale de la Mode Masculine

The French men's fashion institution has elected the Rick Owens CEO to the head of its governing board. She succeeds Celine's Séverine Merle, while Maison Margiela CEO Gianfranco Gianangeli has become vice president. 
Fashion
Italy's Etro is considering interest from L Catterton - source

Italy's Etro is considering interest from L Catterton - source

Italian fashion group Etro is considering an expression of interest from buyout firm L Catterton, a source close to the matter said on Monday.
Fashion
Valentino puts Mitchell Bacha in charge of Greater China

Valentino puts Mitchell Bacha in charge of Greater China

The luxury label has appointed Mitchell Bacha, experienced in Asian markets and the luxury industry, to oversee its business in China, previously run by a director for the entire Asia-Pacific region.
Luxury
West End bounce-back starts, Saturday gets closer to pre-pandemic norm

West End bounce-back starts, Saturday gets closer to pre-pandemic norm

​Reopening week seems to have been a good one for retailers in England and Wales, and especially for the hard hit West End of London, even though international tourists are still absent.
Fashion
Hugo Boss names Sullivan to key marketing role

Hugo Boss names Sullivan to key marketing role

​Hugo Boss has named a new marketing and comms chief with the appointment of Miah Sullivan. She joins on May 1 after having previously worked at Luxottica, Furla and St John Knits. 
Fashion
Hammerson cuts store rents by 30% as it continues retailer support

Hammerson cuts store rents by 30% as it continues retailer support

Hammerson is to slash rents for its retail tenants by around 30% as UK stores reopen post-Lockdown 3. UK & Ireland MD Mark Bourgeois said that “typically, we're resetting our rents to more affordable levels”.
Fashion
Balenciaga winter 2021 pre-collection: Yearning for global travel

Balenciaga winter 2021 pre-collection: Yearning for global travel

With European populations slowly but surely being vaccinated, designers on the Continent are suddenly expressing a new optimism. Few more so than Demna Gvasalia of Balenciaga in Balenciaga's winter 2021 pre-collection.
Fashion
UK approves extradition of Indian celebrity jeweller Nirav Modi

UK approves extradition of Indian celebrity jeweller Nirav Modi

Britain's interior ministry said Friday it had approved the extradition of fugitive Indian jeweller Nirav Modi to his homeland, where he is accused of defrauding one of the largest banks of $1.8 billion.
Luxury
Tmall Luxury Pavilion gives digital boost to Watches and Wonders

Tmall Luxury Pavilion gives digital boost to Watches and Wonders

Alibaba’s luxury e-commerce platform has partnered with the luxury watch fair organized by the Fondation de la Haute Horlogerie in order to enhance the event’s digital capabilities.
Luxury
CFDA launches network connecting regional fashion organizations

CFDA launches network connecting regional fashion organizations

The Council of Fashion Designers of America has announced the launch of CFDA Connects, a programming network aiming to support regional fashion weeks and organizations across the United States.
Fashion