Shares in LVMH fell in early trading on Wednesday even as its fashion and leather goods unit did better than expected in Q3, with the broader luxury sector also rattled by lingering fears of a Chinese slowdown.
The importance of the resale market has been highlighted by news that Designer Exchange is opening a King's Road flagship this month. Buying and selling luxury fashion, it's the biggest in the brand's portfolio.
Watch brands Audemars Piguet and Richard Mille will withdraw from the Geneva watch fair from 2020 to focus on selling directly to consumers rather than via third-party retailers they would meet at the show.
There are few more fertile imaginations in European fashion today than Marine Serre. Her clothes are hybrid and experimental; don’t really follow mainstream trends and were shown with zest and novelty Tuesday in Paris.
A major credit insurer has cut the cover it will give for Arcadia suppliers with Euler Hermes reportedly writing to clients in the past fortnight as the fashion sector sees a wave of credit insurance cuts.