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Capri sets sights on $8 billion revenue

Capri sets sights on $8 billion revenue

Capri Holdings announced on Wednesday the American luxury company is eyeing $8 billion in future revenues, representing a 40% uptick on fiscal 2022.
Luxury
How Larroudé became the hottest fashion shoe brand despite the pandemic

How Larroudé became the hottest fashion shoe brand despite the pandemic

In just over 18 months, Larroudé has achieved several milestones such as a Launch of the Year award, Jill Biden sporting a Larroudé bag at high-profile international events, and developed four brand collaborations. 
Fashion
Armani revenues up 20% in H1 after 2021 recovery

Armani revenues up 20% in H1 after 2021 recovery

Armani posted a 20% increase in sales at constant currencies in the first half, after swinging to an operating profit in 2021 as revenues returned above pre-pandemic levels in the second part of the year.
Luxury
Live Shopping: Shopify turns to Youtube Shopping

Live Shopping: Shopify turns to Youtube Shopping

Shopify Inc on Tuesday announced a partnership with YouTube to allow merchants to sell through the video platform, as it looks to tap into the growing number of content creators launching their own e-commerce stores.
Fashion
Manolo Blahnik wins landmark China trademark dispute after a two-decade fight

Manolo Blahnik wins landmark China trademark dispute after a two-decade fight

​No wonder Manolo Blahnik calls it “remarkable” and “outstanding”. It’s taken 22 years, but the UK-based luxury footwear designer has won a landmark trademark dispute in China.
Luxury
Matchesfashion names Stuart Hill as COO

Matchesfashion names Stuart Hill as COO

​It’s all change at Matchesfashion with the online luxury retailer having recently named its new CEO and on Tuesday unveiling Stuart Hill as its new COO.
Luxury
Flight Club reopens Los Angeles store

Flight Club reopens Los Angeles store

U.S. sneaker consignment retailer Flight Club announced on Monday the reopening of its newly renovated Los Angeles space, after it was temporarily closed in 2020.
Fashion
Fendi announces special fashion show in New York for September

Fendi announces special fashion show in New York for September

The Roman fashion house will host a fashion show in New York at the opening of Fashion Week on September 9 and will unveil a special collection to celebrate the 25th anniversary of its Baguette bag.
Luxury
Shang Xia names new CEO

Shang Xia names new CEO

Shang Xia, the understated Chinese luxury label, has promoted Sophia Wu to the role of chief executive officer, according to multiple reports.
Luxury
Inside the largest Louis Vuitton men's store in the United States

Inside the largest Louis Vuitton men's store in the United States

On July 14, Louis Vuitton inaugurated its new store dedicated exclusively to menswear, on Rodeo Drive, Beverly Hills, Los Angeles.
Luxury
UK shoppers' clothing spend surges post-pandemic - report

UK shoppers' clothing spend surges post-pandemic - report

​Some much-needed good news for UK fashion (and beauty). While the cost-of-living crisis heats up and consumer slash their budgets, money spent on clothing, footwear and beauty is above pre-pandemic levels.
Fashion
Richemont booms in Q1 but China restrictions dent sales there

Richemont booms in Q1 but China restrictions dent sales there

Richemont said on Friday that the latest quarter saw strength in Europe, Japan, the US and Middle East. But Asia Pacific was hit by Covid issues in China. It was similar to Burberry, which reported on the same day.
Luxury
Q1 sees ups and downs for Burberry

Q1 sees ups and downs for Burberry

​Burberry's Q1 trading update on Friday had both good news and bad as EMEIA's recovery continued impressively, but Mainland China was hit by Covid restrictions and the Americas stuggled against tough comaprisons.
Fashion
Golden Goose unveils new Forward Store in Milan

Golden Goose unveils new Forward Store in Milan

The innovative retail concept, promoting ways of extending the lifecycle of products, has debuted at Golden Goose’s long-established Milanese store in via Cusani, and will soon be deployed in New York and Dubai too.
Luxury
Hugo Boss shines in Q2 as branding refresh pays off

Hugo Boss shines in Q2 as branding refresh pays off

Hugo Boss is having a good year and has just raised its full-year outlook on the back of a strong Q2. It said the strength was fuelled by the “bold branding refresh” of Boss and Hugo from the beginning of 2022.
Luxury
Tommy Hilfiger makes NYFW comeback, show also to be seen via Roblox

Tommy Hilfiger makes NYFW comeback, show also to be seen via Roblox

​PVH’s Tommy Hilfiger label is returning to New York Fashion Week in September for the first time in three years, with an “experiential” runway event built around its latest see-now-buy-now collection for Fall 2022.
Fashion