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Matchesfashion gets £60m cash injection from owner

Matchesfashion gets £60m cash injection from owner

​Matchesfashion’s owner Apax partners has agreed a £60m funding package for the luxury retailer as it continues to work on its turnaround. The new package comprises £40m of equity and £20m of additional debt.
Luxury
Mila Schön names Marc Audibet creative director in major investment plan

Mila Schön names Marc Audibet creative director in major investment plan

Famed Milanese fashion house Mila Schön has named Marc Audibet to be its new creative director in major investment plan to relaunch the brand, backed by new Italian investors.
Fashion
Kenzo, Arturo Obegero and Wooyoungmi: three contemporary visions of menswear

Kenzo, Arturo Obegero and Wooyoungmi: three contemporary visions of menswear

Paris Fashion Week for Men, dedicated to the collections for autumn-winter 2023/24, ended on January 22, marked by some spectacular and inspired proposals.
Fashion
Aelis, Juana Martín and Imane Ayissi's contemporary craftsmanship

Aelis, Juana Martín and Imane Ayissi's contemporary craftsmanship

The last day of Paris Haute Couture Week saw exquisite collections from several international brands, ranging from minimalist and artisanal collections, to Flamenco and African-inspired ones. 
Luxury
Saks strengthens men's business online and in-stores

Saks strengthens men's business online and in-stores

Saks is doubling down on its commitment to its men's business starting with an updated in-store men’s shopping experience and expanded online menswear assortment.
Fashion
Bottega Veneta opens new boutique in Palisades Village, Los Angeles

Bottega Veneta opens new boutique in Palisades Village, Los Angeles

After the opening of its store in Melrose Place, West Hollywood, the Italian luxury label is now opening at Pacific Palisades neighborhood. This is the second luxury brand to enter the Palisades Village shopping center.
Luxury
H&M highlights fast-fashion gloom as luxury takes hit in China

H&M highlights fast-fashion gloom as luxury takes hit in China

H&M said costs had slashed its profits, the latest fast-fashion retailer to feel the pinch as consumers cut back, while LVMH and Salvatore Ferragamo reported the damage to luxury caused by China's Covid-19 policies.
Fashion
Prada appoints former Luxottica chief Guerra as new CEO

Prada appoints former Luxottica chief Guerra as new CEO

Italian fashion group Prada said on Friday it appointed former Luxottica chief Andrea Guerra as its new chief executive officer, taking the place of Patrizio Bertelli and Miuccia Prada as planned.
Luxury
LVMH markets level out in 2022, betting on the recovery in China for 2023

LVMH markets level out in 2022, betting on the recovery in China for 2023

The luxury giant's main markets levelled out last year, with Asia, the US and Europe each accounting for around 25-30%, while it is betting on a strong recovery in China in 2023.
Luxury
Canada Goose launches rental via Selfridges

Canada Goose launches rental via Selfridges

Luxury outerwear brand Canada Goose has become the latest in-demand name to launch a rental edit with Selfridges via the department store’s website and its London flagship.
Luxury
Gaurav Gupta creates sculpture-like garments inspired by infinity for his Paris Haute Couture debut

Gaurav Gupta creates sculpture-like garments inspired by infinity for his Paris Haute Couture debut

The Indian designer, favourite of celebrities such as Sharon Stone, Megan Thee Stallion or Kylie Minogue, brought sophistication and seduction to the Parisian catwalk with his signature sculpture-like designs.
Luxury
Patou: Polished, pretty and powerful in Samaritaine

Patou: Polished, pretty and powerful in Samaritaine

Fashion weeks never seem to stop in Paris. On Friday morning, the day after the haute couture season ended, Patou unveiled its Fall/Winter 2023 ready-to-wear collection. Guillaume Henry’s best for the house.
Fashion
Iris van Herpen on the role of women in the fashion industry and the business potential of haute couture

Iris van Herpen on the role of women in the fashion industry and the business potential of haute couture

Coinciding with the presentation of her latest collection at Paris Haute Couture Week, FashionNetwork.com sat down with the Dutch designer to talk about creativity and feminism that goes against the grain.
Luxury
Alexandre Vauthier, Julie de Libran and Zuhair Murad's empowered women

Alexandre Vauthier, Julie de Libran and Zuhair Murad's empowered women

There were three different ways of representing female empowerment during the last few days of haute couture fashion shows: maximalist glamour, explosive sensuality and embracing female communities. 
Luxury
Couture final day: Fendi, Robert Wun and Mugler

Couture final day: Fendi, Robert Wun and Mugler

Paris couture week ended with a stock market display by Roman powerhouse marque Fendi, a Chinese debutant and a cinematic rockin’ ready-to-wear show in a former slaughterhouse from Mugler.
Luxury
Ferragamo sales grow in 2022, but China Covid curbs hit Q4

Ferragamo sales grow in 2022, but China Covid curbs hit Q4

Sales at Italian luxury goods group Salvatore Ferragamo rose by 5.7% at constant exchange rates last year, with a slowdown in the fourth quarter blamed on Covid restrictions in China.
Luxury