The opening day of Paris haute couture week ended with three experienced designers -- Giambattista Valli, Julie de Libran and Olivier Theyskens at Azzaro -- showing collections that captured the couture's energy.
Selfridges weathered the 2020 storm, despite enduring the toughest retail year in decades. That’s according to company chief Anne Pitcher who admitted that it was the “most difficult” period in its 113 years.
Richemont’s third quarter — the all-important three months to the end of December — saw sales rising only 1%, although currency-neutral, they were up a healthier 5%, despite the “continuously volatile environment”.
It says a great deal about the current Covid confusion in fashion weeks when the Paris menswear season for fall 2021, the biggest annual series of menswear collections in the world, began on Tuesday with a teaser.
Harrods owner Qatar Investment Authority made a gain of around $892 million when it sold shares in Tiffany & Co as part of LVMH’s $15.8 billion acquisition, according to analyst estimates and filing data.
Matchesfashion may have made a loss in the 12 months immediately before the pandemic hit last year, but its directors said they were “satisfied” with the results in the year as sales rose and it invested in the business.
Harvey Nichols has promoted its COO to its top job with Manju Malhotra becoming CEO. She now runs the UK and international stores, plus the online business, at the toughest time for luxury retail in decades.