Luxury
The latest news
Tumi taps Korean actress Mun Ka Young as new global brand ambassador
U.S. luggage maker Tumi revealed actress Mun Ka Young as its new global brand ambassador, with the South Korean star fronting the campaign for its new 'Asra' collection.
Fashion
Kurt Geiger opens Galeries Lafayette pop-up as outperformance continues
Kurt Geiger has opened a pop-up in key Paris department store Galeries Lafayette with a residency that runs until 15 April.
Fashion
Vuitton develops bespoke trunks for Olympic medals and torches
Louis Vuitton has developed a series of bespoke trunks in which to carry and protect the medals and torches of this summer’s upcoming Paris 2024 Olympics and Paralympics.
Fashion
Palm Angels opens revamped Miami flagship boutique
The redesign draws inspiration from Miami's vibrant culture and tropical ambiance, integrating elements of local flair with Palm Angels' signature aesthetic.
Fashion
Vince CEO departs role after two years
Vince Holding Corp announced on Tuesday that Jack Schwefel has resigned from the role of chief executive officer, just two years after the executive took on the top position.
Luxury
Movado Group annual sales plunge 10% on U.S., international declines
Watches firm Movado Group announced on Tuesday revenues for fiscal 2024 fell 10.5% to $672.6 million, on the back of declines in wholesale customers’ brick-and-mortar stores, online retail and Movado company stores.
Luxury
Tod's investor calls for L Catterton to raise buyout offer
Tod investor Tabor Asset Management has published an open letter calling for an increase in the price offered by L Catterton to buy 36% of the Italian luxury shoemaker, saying the price of 43 euros per share is unfair.
Luxury
Copenhagen Fashion Week toughens up sustainability rules
Copenhagen Fashion Week is living up to its reputation as the fashion week with the strictest sustainability requirements and has just announced that it’s making its rules stronger after the next edition.
Fashion
Balenciaga : Friends and family gather in latest campaign
Friends and family gather in latest campaign by the house of Balenciaga, as designer Demna includes his mother Ella; his husband, musician BFRND; and even his former professor Linda Loppa.
Luxury
Paris Fashion Week dominates digital audience, driven by Dior, Louis Vuitton and Saint Laurent shows
In Paris, Women's Fashion Week, which ran from February 26 to March 5, achieved $425.5 million in terms of Media Impact Value (MIV), according to Launchmetrics. Thanks mainly to Asia and celebrities.
Fashion
Canada Goose cuts 17% of roles as consumer pullback persists
Canada Goose Holdings Inc. is cutting 17% of its global corporate workforce as it attempts to support long-term growth amid a slowdown in sales.
Luxury
Slowear CEO Piero Braga on considered growth and building women’s offerings
As it steadily evolves, the Venice-based brand is introducing the American market to its female-targeted product.
Fashion
Karl Lagerfeld's Paris flat sold for €10 million
The couturier's Paris flat, a futuristic 260-square-metre, three-bedroom with a 50-square-metre dressing room, sold for ten million euros at auction in Paris, according to the notary firm in charge of the sale.
Luxury
Returns dilemma stops one in four shoppers from buying internationally
One in four shoppers avoids buying from international retailers due to returns concerns, according to new research, and few UK consumers would be prepared to pay a membership fee for free returns.
Fashion
Versace opens its first palace in Asia, in Macao
The Milanese label has opened its first Palazzo Versace in Asia in Macao, on the south-east coast of China. A luxury hotel with 271 rooms on 12 floors located within the resort-casino managed by SJM in Cotai.
Fashion
Supreme drops MM6 Maison Margiela collaboration
The collection designed by the New York streetwear label in collaboration with Maison Margiela's contemporary line consists of 15 items, and will be launched on March 28 in Europe and the USA, and on March 30 in Asia.
Luxury