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Price rise strategies deployed by US premium labels

Price rise strategies deployed by US premium labels

The strategies of Coach, Michael Kors and Kate Spade have been scrutinised by Lectra’s data analysis solution Retviews, as inflation is pushing all three labels to revise their plans for price rises and promotions.
Luxury
Mackage’s Tanya Golesic on the opening of Paris flagship, linking with site specific artist Letha Wilson

Mackage’s Tanya Golesic on the opening of Paris flagship, linking with site specific artist Letha Wilson

Mackage, the uber luxury outerwear label, opens its first Paris store on Saturday, and its picked the city’s busiest prestige shopping thoroughfare – the rue St Honoré. 
Fashion
Farfetch shares plummet as cost of ambitious investment is revealed

Farfetch shares plummet as cost of ambitious investment is revealed

​Farfetch shares are more than a quarter down from where they were this time last week. And the reason? The company held a capital markets day Thursday and the cost of its ambitious plans didn’t please its investors.
Luxury
Marchon Eyewear names new chief brand officer, product officer

Marchon Eyewear names new chief brand officer, product officer

Marchon Eyewear announced on Thursday the appointment of Gabriele Bonapersona as chief brand officer and Gabriele Cappelli as chief product officer.
Fashion
Gucci to stage menswear show in Milan in January

Gucci to stage menswear show in Milan in January

Gucci is to stage a dedicated menswear runway show in Milan in January, in the first major change in strategy at the house since last week’s departure of Alessandro Michele.
Fashion
Jacquemus unveils its home universe with Tekla

Jacquemus unveils its home universe with Tekla

Simon Porte Jacquemus is venturing into the world of bedding and homewear via a collaboration with Danish home textiles brand Tekla available on their e-commerce and its Paris boutique.
Luxury
Re-SEE: ex leader of Showroomprivé and "Emily in Paris" producer become shareholders

Re-SEE: ex leader of Showroomprivé and "Emily in Paris" producer become shareholders

Founded in Paris in 2013 by Sabrina Marshall and Sofia Bernardin, the high-end second-hand site welcomes Michael Dayan (ex-Showroomprivé), producer Darren Star and entrepreneur Shari Glazer to its capital.
Luxury
Inspecs new CEO and non-execs take up their posts

Inspecs new CEO and non-execs take up their posts

​British eyewear specialist Inspecs has announced that its new CEO has taken over as of today and two key non-executive directors have been appointed with a former M&S and Superdry exec among them.
Fashion
Ludovic de Saint Sernin is new Ann Demeulemeester Creative Director

Ludovic de Saint Sernin is new Ann Demeulemeester Creative Director

​Ann Demeulemeester has named Ludovic de Saint Sernin as its new Creative Director with his first collection for the label to be unveiled in March 2023 during Paris Fashion Week. 
Luxury
G-III sales growth slows on 'logistical challenges'

G-III sales growth slows on 'logistical challenges'

G-III Apparel Group announced on Wednesday a 6% sales uptick for the third quarter, as higher inventory levels caused logistical challenges within the U.S. company's distribution centers, hindering its bottom line. 
Fashion
Tod’s new collab with Palm Angels is Best in Class linkup says Francesco Ragazzi

Tod’s new collab with Palm Angels is Best in Class linkup says Francesco Ragazzi

Tod’s has revealed its latest collab, a link-up with Palm Angels. A blend of Italian craftmanship with American sports that stars Naomi Campbell in its ad campaign, that launches this Wednesday.
Fashion
Mulberry H1 sales dip, CEO begs for tax-free tourist shopping U-turn

Mulberry H1 sales dip, CEO begs for tax-free tourist shopping U-turn

​Luxury accessories brand Mulberry reported its results for the 26 weeks up to 1 October on Wednesday and seemed upbeat, calling the performance “resilient”, despite a small sales dip and a swing to a pre-tax loss.
Luxury
Dr Martens launches boot and bag Hokusai collab with The Met

Dr Martens launches boot and bag Hokusai collab with The Met

​The latest collab from Dr Martens isn’t with a designer label, it’s with the Metropolitan Museum of Art to celebrate Hokusai’s 36 Views of Mount Fuji series.
Fashion
Giving Tuesday initiatives implemented by swath of luxury, apparel brands

Giving Tuesday initiatives implemented by swath of luxury, apparel brands

Giving Tuesday saw brands engage in and discover unique ways to give back to organizations devoted to helping people and the environment. 
Fashion
LVMH awards 40 virtuoso artisans its Métier d’Excellence award

LVMH awards 40 virtuoso artisans its Métier d’Excellence award

Praising them as “the beating heart” LVMH’s CEO Bernard Arnault celebrated, at a distance, the latest virtuoso artisans to win the luxury conglomerate’s Métier d’Excellence award on Wednesday.
Fashion
Former Luxottica CEO Guerra to join Prada to ease succession

Former Luxottica CEO Guerra to join Prada to ease succession

Italian fashion group Prada is set to hire former Luxottica chief executive Andrea Guerra in a top management role to ease a transition at the helm to the next generation of the founding family, as said by a source.
Luxury