The Parisian luxury brand has opened its first location in Michigan, at the Somerset Collection mall, in the northern suburb of Metro Detroit, Troy, revealing a store design that channels the landscape of the Midwest.
Speculation over the future of Italian fashion group Armani came to the fore on Wednesday after the Milanese brand said it had no interest in a tie-up with car maker Ferrari, as proposed in a plan by investment banks.
The stock market is bullish, the economy is recovering, consumer confidence is growing: all indicators are positive, fuelling luxury purchases on a North American market that is highly dynamic and promising for labels.
Venice, with its Biennale exhibition, is the focus of a great deal of attention. Saint Laurent will show the summer 2022 menswear collection in the city on July 14, a day ahead of Valentino’s haute couture show.
John Lobb has unveiled a new store concept in Paris that feels as much an art gallery or gentleman’s club as a traditional shoe shop; part of a global expansion that includes openings in California and the Middle East.
Luxury Oslo department store Steen & Strøm has reopened after a €29.5m upgrade. The historic store has a new entrance on Norway’s busiest shopping street, a state-of-the-art beauty hall and upgraded architecture.
The luxury goods sector could shrug off the hit from the coronavirus crisis as early as this year as Chinese and U.S. shoppers help sales recover to pre-pandemic levels, consultancy Bain said on Monday.