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Leather goods group Piquadro narrows losses significantly in H1

Leather goods group Piquadro narrows losses significantly in H1

In the first half, Piquadro recorded losses for €0.1 million, an improvement on the €1.4 million loss posted last year, confirming a revenue forecast of €170-175 million, and adjusted EBITDA of €15 million.
Luxury
Carlos Crespo exits Inditex after 20 years with the company

Carlos Crespo exits Inditex after 20 years with the company

The chief operating officer and head of sustainable and digital transformation, as well as former CEO of the group between 2019 and 2021, will be leaving Inditex at the end of this year.
Luxury
Frasers Group is new Gieves & Hawkes owner

Frasers Group is new Gieves & Hawkes owner

​Frasers Group has emerged as the winner in the race to buy upscale tailor Gieves & Hawkes, as expected. A purchase price hasn’t been disclosed.
Fashion
Kaia Gerber stars in new Alexander McQueen 'Slash bag' campaign

Kaia Gerber stars in new Alexander McQueen 'Slash bag' campaign

British fashion brand Alexander McQueen has introduced the 'Slash bag' in a new campaign starring Kaia Gerber. 
Luxury
Luxury: wealthy customers ready to spend more in 2023

Luxury: wealthy customers ready to spend more in 2023

Nearly 65% of the world's most wealthiest consumers intend to increase their luxury spending in 2023, especially for fashion in ready-to-wear and leather goods, according to a study by Kantar Insights and Altiant.
Luxury
Cricket to open giant Liverpool One anchor store

Cricket to open giant Liverpool One anchor store

​Landlord Grosvenor has announced that luxury Boutique cricket is to open a 21,000 sq ft flagship store at the the premium Liverpool One shopping mall that it part-owns and manages.
Luxury
Loewe opens new Los Angeles flagship on Rodeo Drive

Loewe opens new Los Angeles flagship on Rodeo Drive

Behind a turquoise ceramic facade, the new flagship of the luxury brand Loewe opened in Los Angeles a few days ago, as an art gallery in the middle of Rodeo Drive. 
Luxury
Mytheresa and Dolce & Gabbana launch ski collection

Mytheresa and Dolce & Gabbana launch ski collection

Luxury online retailer Mytheresa and Italian fashion house Dolce & Gabbana have teamed up once again to launch a ski-inspired collection. 
Fashion
IMG names winners of 2022 Australian Fashion Laureate

IMG names winners of 2022 Australian Fashion Laureate

IMG announced on Tuesday the winners of the Australian Fashion Laureate 2022, an awards ceremony honouring individuals who have played a significant role in the growth and cultural impact of Australian fashion.  
Fashion
Gucci confirms it is parting ways with Alessandro Michele

Gucci confirms it is parting ways with Alessandro Michele

After seven years Alessandro Michele is stepping down as Gucci's creative director. The brand's design office will continue to carry the direction of the House until a new creative organization is announced.
Luxury
Theory to debut on London's Floral Street next year

Theory to debut on London's Floral Street next year

​After its debut in two key London locations this year, 2023 will see Fast Retailing’s Theory brand opening another store in a major London shopping hub.
Fashion
Borsalino appoints Jacopo Politi as head of style

Borsalino appoints Jacopo Politi as head of style

The long-established Italian high-end hatmaker has strengthened its design office by naming Jacopo Politi as head of style. Politi has been with Borsalino since April, based between Milan and the factory in Alessandria.
Luxury
Balenciaga apologizes for “depraved” kids ad campaign

Balenciaga apologizes for “depraved” kids ad campaign

Balenciaga has apologized – via Instagram – for its latest kids ad campaign seen as “depraved” by many commentators on social media for featuring dolls with black leather bondage gear.
Luxury
PixelPool win fashion tech contest sponsored by Bally

PixelPool win fashion tech contest sponsored by Bally

Dutch tech firm PixelPool has won the Fashion Innovation Award sponsored by Bally for its software-as-a-service platform Dtail and other technologies.
Fashion
In-season/evergreen collection demand rises says JOOR, wholesale bounces back

In-season/evergreen collection demand rises says JOOR, wholesale bounces back

Demand for and supply of in-season and ‘evergreen’ collections is rising fast globally, a new survey from online wholesale management specialist JOOR has shown.
Fashion
New Bond Street rents no longer Europe's highest as Milan tops the list

New Bond Street rents no longer Europe's highest as Milan tops the list

​New Bond Street in the heart of London's West End has lost its crown as the most expensive shopping street in Europe as far as rents are concerned. That title goes to Milan’s Via Monte Napoleone, new figures show.
Luxury