The U.S. threat of tariffs on French goods from handbags to Champagne proved just a glancing blow to giants like LVMH and Kering this week, as investors refused to give up their decade-long love affair with luxury goods.
The owner of Donna Karan and DKNY announced a 5.2% increase in sales for the third quarter on Wednesday, a lower than expected increase, which combined with the company’s lowered full-year guidance, sent shares tumbling.
Aquascutum’s Chinese owner is the subject of a potential lawsuit over unpaid invoices, as fears over a liquidity crisis persist. A Portuguese fabrics firm called Calvelex is expected to take it to court this week.
After inaugurating two permanent stores in Mexico last month, the French luxury label has opened two pop-up shops dedicated to its women's collections in the country’s beach resorts of Cancún and Tulum.
The 18th edition of Art Basel Miami Beach may not start officially until Thursday, but the worlds of art and fashion are already descending on the Magic City for a week of exhibitions, installations and fashion shows.
The British Fashion Council and Fashion Awards have unveiled a collaboration with the United Nations Office for Partnerships to recognise those who are helping deliver the Sustainable Development Goals.