The streetwear trend has been impacting the luxury sector for a while and a new survey from luxury marketplace and VIP concierge service HushHush shows it has taken over from the opulent luxury of years gone by.
The YNAP buy lit a rocket under Richemont sales last year, but it dented profitability. Yet the group remains strong with jewellery and watches buoyant while Chloé and Dunhill have seen good reactions to new products.
Giorgio Armani has altered the time and location of its signature menswear show on June 17 in the upcoming Milan menswear catwalk season, significantly helping to anchor the final day of Milano Moda Uomo.
Marimekko had good news on Thursday as it reported Q1 net sales that rose 13% and a doubling in comparable operating profit, helped by the timing of Asia Pacific wholesale deliveries and stronger Finnish retail sales.
Farfetch is still loss-making as it invests in growth and that growth is certainly explosive at present with revenue surging as it adds brands and customers, and launches new developments at a frenetic pace.
Barely two years after its launch, the LVMH-owned e-commerce site has already changed its name. The group announced on Wednesday that the brand is now called 24S, in an effort to boost its international development.
Burberry's results may have looked unspectacular on paper but coming in a year of huge change, they showed it's moving in the right direction and building a buzz around its rebirth as an even more luxury-focused brand.
Exclusive capsule collections have become a big focus for retailers and while the large number of them may mean that individual collections are less newsworthy, the latest collab from Saint Laurent is interesting.
The supermodel has been snapped up by the British heritage fashion house for the first time to front the campaign for its new Monogram collection, a "contemporary capsule for everyone" that launches on May 22.
IC Group's latest set of results make it clear that it has been hurt by costs related to its transformation plan, but also that its two core brands have plenty of work to do before they're back to full health.
Maria Grazia Chiuri never really takes a break. Two weeks after her African-inspired Christian Dior cruise show in Marrakech, Chiuri designed the costumes for a phantasmagorical performance at the Tiepolo Ball in Venice.