Luxury brands will increasingly have to court Chinese shoppers on their home turf, as purchases soar among a clientele who are forecast to generate nearly half the industry’s sales by 2025, a study showed on Thursday.
It’s official. After weeks of rumors, Lucas Ossendrijver, the long-time menswear designer of Lanvin, has left France’s oldest couture house, bringing down the curtain on a 14-year-run at the famous marque.
German fashion house Hugo Boss set new targets to accelerate sales growth and lift profitability on Thursday as it seeks to react faster to trends, expand in Asia and quadruple the size of its online business by 2022.
YNAP’s luxury e-tailers Net-A-Porter and Mr Porter have unveiled their Christmas marketing campaigns with a focus for the former on the “ultimate in party dressing” and the latter on the service proposition.
The Middle East, a region with a €13 billion luxury market, didn’t have a single fashion school until this decade. Surprisingly, the first institute was born in Beirut. We visited it to discover its remarkable story.
John Varvatos will return to Pitti next January, as the American designer makes his reentry into the European orbit. He will present all three of his lines inside Pitti’s central nerve system, Fortezza da Basso.
London Fashion Week Men’s has unveiled its provisional schedule for next season and the emphasis is very much on youth and gender fluidity. The three-day season lists 42 separate events, four less than in June 2018.
Royal and fashion fans rejoiced when Meghan Markle sported a bespoke white Stella McCartney gown for her wedding reception, and it turns out the appearance was a taster for the luxury brand’s latest venture: bridal.
August Getty, one of the few couturiers who hails from Los Angeles, is on a mission: to bring glamour back to Paris. His house, August Getty Atelier, stages its French couture debut in January at the Ritz Hotel.
Proenza Schouler has bought control of its own house from Castanea Partners, in the latest change of ownership of the avant-garde New York fashion house; while both the current CEO and CFO are departing immediately.