Luxury
The latest news
After the sales come the returns, and fashion tops list of most likely items
Returns season is upon us, and it’s going to be a particularly busy period, especially for the fashion and beauty sectors, a survey says. Gifts worth £232 million will be returned in the UK, a poll of 2,000 people shows,
Fashion
Thom Browne takes control of its South Korean operations
The luxury brand of the eponymous designer has reached an agreement with its partner Samsung C&T Corporation to take over direct operation of its business in South Korea through the creation of a new company.
Fashion
Boss unveils new ad campaign, announces Miami show in March
The German label has enlisted top model Gigi Hadid and Colombian pop singer Maluma for the ad campaign for the Spring/Summer 2023 collection, which will be unveiled at a ‘see now, buy now’ show in Miami on March 15.
Luxury
Inspecs revenue growth stalls, but order book is strong
British eyewear specialist Inspecs’ full-year trading update on Thursday highlighted a challenging year that saw 2022 group revenue dipping to $246 million (it reports in US dollars) from $246.5 million in 2021.
Fashion
Retail footfall improved in 2022, but pre-pandemic gap is "long-term trend"
Following an increasingly tough 2022 for UK retail, footfall this year won’t return to pre-pandemic levels and the gap from 2019 and will settle at between -5% and -10%, according to retail experts Springboard.
Fashion
Two UK shopping centres are first to achieve net zero carbon status
Sustainability hats off to two retail destinations. Quayside MediaCity in Salford and Gloucester Quays have become the first shopping centres to achieve ‘Net Zero Carbon – Operational Energy’.
Fashion
Busy Brand Machine Group creates new menswear buying chief role
Brand owner and licensing house Brand Machine Group (BMG) has been very busy of late and just a month after announcing a new technology chief and welcoming a new CFO, it has unveiled another key role.
Fashion
Clare Vivier on her next store opening and strategy for her brand Clare V.
Los Angeles-based designer Clare Vivier will open her fourteenth Clare V.'s boutique in Washington D.C. at the end of spring. FashionNetwork.com sat down with her to talk about strategies and projects with her brand.
Luxury
Tod's sales exceed 1 billion euros in 2022
Sales at Tod's came just over 1 billion euros at current exchange rates last year, up 10% compared to pre-pandemic level, pushed by the strong growth of its main homonymous brand despite Covid curbs in China.
Luxury
The RealReal names John Koryl as CEO
Luxury resale platform The RealReal announced on Wednesday the appointment of John E. Koryl as its chief executive officer and as a member of its board of directors, effective February 6, 2023.
Luxury
Valentino’s 'Impossible Rendez Vous' between couture and clubbing
Valentino’s Pierpaolo Piccioli went back to the 80s for inspiration this season in couture, blending the euphoria of that decade with today’s greater sense of inclusivity.
Luxury
Jean Paul Gaultier haute couture by Haider Ackermann: More H than JP
Lots of Haider and not a huge quantity of Jean Paul at Jean Paul Gaultier haute couture By Haider Ackermann, the fourth edition of the project of inviting other designers to create one-off Gaultier couture collections.
Luxury
Elie Saab and Viktor & Rolf: Golden Dawn in Thailand; Surrealist ball in Europe
Two influential couture houses concentrated on ball room clothes this season. Though where Elie Saab focused on a royal wedding soirée in Thailand, Viktor & Rolf sent their cast to a contemporary surrealist ball.
Fashion
Ermenegildo Zegna's performance slows down in 2022 due to China
The Italian luxury group reached 1.49 billion euros in 2022 with an increase of 15.5%, but it sees its progress slowing down in particular in the fourth quarter (-0.5%) penalized by the anti-Covid policy in China.
Fashion
DMIx launches photo-realistic virtual models
It’s billed as “groundbreaking” in the world of digitalisation. Germany’s ColorDigital is launching DMIx StudioAvatars and DMIx 3D-Studio “for a full end-to-end digital product development workflow”.
Fashion
Stéphane Rolland’s totem dresses celebrate Brazil’s gold in Paris
On Tuesday January 24, French couturier Stéphane Rolland presented his Spring/Summer 2023 haute couture collection at the Palais de Chaillot in Paris, featuring lavish dresses decorated with gold and Brazilian symbols.
Luxury