The Geneva watch fair opened Monday buoyed by booming growth in the watchmaking industry, but insiders warily eyed the banking sector turmoil, evoking painful memories of the 2008 financial crisis.

Luxurynsight has released its annual Global Luxury Brand Analysis report and found an unsurprising double-digit rise in overall activity for fashion and leather goods last year as the world 'normalised post'-pandemic.

​The UK may have failed to offer the hoped-for Vat-free shopping for EU tourists post-Brexit, but British tourists are taking advantage of their ability to shop tax-free within the EU, and Gen Z is leading the charge.

Movado Group, Inc. announced on Thursday net sales increased 2.7% to $751.9 million for the fiscal 2023 year, on growth in the watchmaker's international wholesale business and own stores. 

While waiting for the Chinese to start traveling again, brands are betting on a rebound in domestic demand following the end of the anti-Covid measures, increasing their prices, reported a study by Retviews by Lectra.

The house of Moschino announced on Monday afternoon that Jeremy Scott is stepping down as creative director of the Milan-based marque, after a decade long rein. 

French luxury conglomerate Kering announced on Friday a new commitment to reduce its absolute greenhouse gas emissions by 40% by 2035.

Guess Inc. announced on Tuesday revenues for the fiscal 2023 increased 4% to $2.69 billion, upheld by sales gains in the fashion brand's European and Asian markets, offsetting sluggish growth in the Americas. 

London's luxury retailers fear the city is losing its pull as a shopping destination, with tourists from the United States, China and the Gulf flocking instead to Paris and Milan where there are still tax breaks.

Italian fashion group Tod's said on Monday it had an excellent start of the season as it posted higher-than-expected operating profits for last year.

From New York to London, Milan and Paris, designers have created high quality collections for Autumn-Winter 2023-2024, marking a return to formal elegance without losing sight of uninhibited sexyness.

Faced with the challenge of reinventing fashion, niche brands opted to collaborate with other international firms, master their tailoring skills or focus on environmental responsibility. 

The runway season just ended marking a restoration of reined in chic, with brands and designers keen to capture new followers after the dark grind of the pandemic. We select the 12 most memorable fashion statements.

Resilience and adapting to a bleak backdrop mark the Ukrainian mindset and its fashion collections. FashionNetwork.com discuss business in times of war with firm Bevza and the newly launched brand Di Stavnitser. 

​An upbeat Harrods’ boss Michael Ward said in an interview that he’s confident the luxury department store would continue to prosper in an economic downturn because “the rich get richer in a recession”.

Kevin Germanier is a Swiss with an Irish name who happens to be bursting with talent. As his zany, surrealist yet also commercial collection shown Monday in Christie’s Paris auction house fully displayed.