Luxury
The latest news
Macy's appoints new chief information officer, streamlines leadership structure
The New York-based department store retailer announced on Monday that it has named Laura Miller as its new chief information officer and made a series of other senior leadership changes as part of its Polaris strategy.
Fashion
Matchesfashion CEO is out, Chiquet steps up for now
Matchesfashion's CEO of just a year has stepped down with immediate effect. Ajay Kavan has left the firm and director Maureen Chiquet has taken on the role of executive chairwoman as the company looks for a new leader.
Luxury
Kering takes stake in Vestiaire Collective
If anybody needed confirmation of how important fashion resale has become, it came on Monday with the announcement by France’s Vestiaire Collective of a new €178m financing round backed by Kering, among others.
Luxury
Dolce & Gabbana: It’s party time again
There are two opposing camps this season in fashion. One sees women post-lockdown refusing to sacrifice comfort for future; the other, led by Dolce & Gabbana, insists women are desperate for a night on the dancefloor.
Luxury
Former JD Sports exec buys Thomas Pink brand
Failed upscale menswear retailer Pink Shirtmaker is set to make a return. The LVMH-owned brand, which went on the block before Christmas, has been bought by Nick Preston, a former JD Sports Fashion trading director.
Fashion
Selfridges sales were rising but pandemic meant huge challenges for retailer
Selfridges had already flagged the fact that its sales rose and its net profits fell in the year to February 2020, but it has now officially filed its annual results and the full extent of that performance can be seen.
Luxury
Gucci names second round of changemakers grant recipients
First launched in 2019, the fund awards $1 million annually in grants to support community organizations focused on increasing inclusion and diversity across communities and cities.
Luxury
A Tale of Three Cities, with collections from MM6, Pucci, Tom Ford and Sonia Rykiel
Serious editors had to open Sunday watching an MM6 show video in Milan, tune into New York for Tom Ford’s latest ideas, and finish in Paris, where Sonia Rykiel unveiled its first collection since insolvency in 2019.
Fashion
At Giorgio Armani, lush iridescence; at Sportmax, femme fatale fun
A study in contrasts on Saturday morning at Milan Fashion Week, as two key fashion marques played against their reputations. Giorgio Armani showing evening ideas but as daywear, Sportmax revolutionizing its DNA.
Fashion
Paris Fashion Week: 92 shows this March, a Tik Tok collab and a V&A linkup
Pandemic or not, Paris Fashion Week, which starts a 10-day season on Monday, March 1, can boast a schedule with 92 women’s ready-to-wear brands, almost a dozen newcomers and several important debuts.
Fashion
Margaret Zhang named editor-in-chief of Vogue China
The 27-year-old Chinese-Australian fashion influencer has been appointed as editor-in-chief of Vogue China, becoming the youngest person to hold the position at any of the magazine’s international editions.
Fashion
Louis Vuitton drops out of Parisian calendar this season
LVMH's star label, which was set to show at the close of Paris Fashion Week, has postponed its virtual presentation by one day. The house will now unveil its collection for Fall/Winter 2021-22 on Wednesday, March 10.
Fashion
Wes Gordon, the adopted Native New Yorker, on designing for Carolina Herrera
It’s hard to think of a designer more in synch with a great fashion house than Wes Gordon, the creative director of Carolina Herrera. We Zoomed Wes to discuss creating for an iconic house and designing in the pandemic.
Luxury
Birkenstock steps into big league with new luxury owners
Germany's flat sandal maker Birkenstock stepped into the luxury league on Friday, with an LVMH-backed company and the French group's billionaire owner Bernard Arnault snapping up the iconic brand.
Fashion
Boss unveils first Chris Hemsworth campaign under new deal
After the announcement by Hugo Boss that Chris Hemsworth would go from fronting fragrance to become the key international face of the Boss brand from SS21, it has unveiled its first fashion campaign featuring the actor
Fashion
Mytheresa rides growth wave in Q2, profits continue to climb
Mytheresa was yet another luxury e-tailer seeing its sales soaring during the pandemic with the newly-listed German company saying it enjoyed a sales uplift of 32.9% in its second quarter.
Luxury