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True Fit raises $30m as revenue soars

True Fit raises $30m as revenue soars

True Fit has raised new funding with a $30m cash injection as it also reported impressive revenue growth. The data and software firm said it has raised the finance as the $2trn apparel market has shifted online fast.
Fashion
UK retail sales rise, fashion is key driver, say BRC and Barclaycard

UK retail sales rise, fashion is key driver, say BRC and Barclaycard

​More evidence came through on Tuesday showing that fashion was a key driver of retail spending in the UK last month. Two regular monthly reports (from the BRC and Barclaycard) called out fashion as a star category.
Fashion
Bottega Veneta denies it's destocking after Daniel Lee items spotted at TK Maxx

Bottega Veneta denies it's destocking after Daniel Lee items spotted at TK Maxx

​Bottega Veneta has denied destocking inventory created under its now-departed creative chief Daniel Lee after items appeared on the rails of TJX’s UK discount retail chain TK Maxx.
Fashion
Chanel’s Bruno Pavlovsky predicts strong 2022 growth, as house unveils latest collection in 19M

Chanel’s Bruno Pavlovsky predicts strong 2022 growth, as house unveils latest collection in 19M

Chanel Fashion President Bruno Pavlovsky is predicting strong growth in 2022, as the house unveils its latest Métiers d’Art collection in its brand-new crafts center 19M on Tuesday.
Fashion
Luxury sportswear growing faster than traditional high-end fashion, says Deloitte

Luxury sportswear growing faster than traditional high-end fashion, says Deloitte

Luxury sportswear brands, such as Golden Goose, Stone Island and Barbour, dominate Deloitte's global ranking of the top 20 fastest-growing labels, in which Moncler is making an appearance for the sixth consecutive year. 
Fashion
Burberry opens Imagined Landscapes Selfridges pop-up for outerwear collection

Burberry opens Imagined Landscapes Selfridges pop-up for outerwear collection

​Burberry is putting plenty of support behind its outerwear this season and has opened its latest Imagined Landscapes pop-up with a debut at Selfridges in London where it already has a large concession.
Luxury
London Designer Outlet sales and footfall recover, names new GM

London Designer Outlet sales and footfall recover, names new GM

​Thriving London Designer Outlet in Wembley Park is securely on the recovery trail as the centre “sees sales approach pre-pandemic levels, having taken on a raft of new brands over the course of the past two years."
Fashion
Electronic payments rule as cash-carrying narrows in UK - report

Electronic payments rule as cash-carrying narrows in UK - report

More than half of Britons (52%) now claim they never take notes or coins with them on routine trips, instead using their mobile phone to make payments, according to a nationwide survey. 
Fashion
Valentino in gaming link with Drest for party collection

Valentino in gaming link with Drest for party collection

​The importance of gaming and virtual reality continues to be reinforced among high-end brands with Valentino last week linking up with Drest to showcase its new party collection. 
Luxury
West End footfall "flatlines" despite busy Saturday, other cities are weak

West End footfall "flatlines" despite busy Saturday, other cities are weak

​Footfall in London’s West End was flat in the week starting November 29, The New West End Company said on Monday. That was despite NWEC reporting a big week-on-week increase on Saturday.
Fashion
Elie Saab links with UK's Astound and Shopify to launch new, improved D2C site

Elie Saab links with UK's Astound and Shopify to launch new, improved D2C site

​Luxury label Elie Saab has launched a new direct-to-consumer (D2C) transactional site, offering “a content-rich, immersive brand experience that recreates the VIP in-store customer journey virtually”.
Luxury
Malmö Designer Village planned for 2025 debut, to be Scandinavia's largest

Malmö Designer Village planned for 2025 debut, to be Scandinavia's largest

​Sweden is to host Scandinavia’s largest designer outlet village with the project’s first phase set to open in summer 2025 while phase two will follow in autumn 2027.
Fashion
Balenciaga planning launch of department dedicated to metaverse

Balenciaga planning launch of department dedicated to metaverse

Following an incursion into gaming last year, the Parisian label has announced plans to take a deep dive into the virtual world with the creation of a dedicated metaverse service. 
Fashion
Chanel unveils arty new boutique in Miami

Chanel unveils arty new boutique in Miami

The iconic French fashion house opened a new boutique in Miami’s Design District on Thursday, revealing a two-floor couture destination designed by architect and longtime brand collaborator Peter Marino.
Luxury
Celine unveils Drone 'n' Roll Baie des Anges spring collection in Nice

Celine unveils Drone 'n' Roll Baie des Anges spring collection in Nice

Celine’s creative director Hedi Slimane unveiled the house’s latest women’s collection on Friday afternoon, via a fast-action video shot entirely in the Baie des Anges, the huge bay of Nice.
Luxury
Signet boosts full-year outlook on solid third quarter

Signet boosts full-year outlook on solid third quarter

The parent company of jewelry retail chains including Kay, Jared and Zales lifted its full-year financial outlook on Thursday, after reporting a year-over-year increase of 18.3% in its third-quarter sales.
Luxury