The New York-based lifestyle group announced the resignation of the Italian designer from its Stuart Weitzman footwear brand on Monday, citing unspecified workplace misconduct as the reason for the departure.
Luxury goods group Richemont said on Friday it could target strategic investments and divestments after buoyant jewelry sales made up for still sluggish watch sales, helping sales rise 8% in its fiscal year to March.
Upscale department store operator Nordstrom Inc’s shares dropped more than 7% on Thursday after the retailer reported same-store sales that missed analysts’ estimates, including a weak quarter for its shoe business.
Just after opening its new permanent LA store, Glossier has been sued in NY by a visually impaired customer claiming the cult digital-first brand's website is not accessible under the Americans with Disabilities Act.
Online luxury retailer Yoox Net-a-Porter (YNAP) will be delisted from the Milan Stock Exchange on June 20 after Cartier owner Richemont reached nearly 95 percent of YNAP’s ordinary shares after a takeover.
CVAs are ‘the new black’ in the UK this year but it seems that while House of Fraser is-on trend in this respect, it might struggle to get its CVA through as landlords prove uniquely resistant to its plans.
Major global brands Nike, H&M, Burberry and Gap have signed up to an initiative that aims to improve the industry's record on sustainability after a study found less than one percent of clothing is recycled.
Richemont has launched a new watch brand, Baume, offering trendy time pieces priced in the hundreds rather than the thousands of dollars to lure young people away from using their smartphones to tell the time.