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Luxury

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Frasers Group secures funding deal worth nearly £1bn

Frasers Group secures funding deal worth nearly £1bn

​Fast-expanding Frasers Group has secured nearly £1 billion in fresh funding, with the deal becoming the largest support package in the UK retail sector this year.
Fashion
Istituto Marangoni links with Katie Grand on mentorship projects

Istituto Marangoni links with Katie Grand on mentorship projects

​Istituto Marangoni London has collaborated with fashion publishing expert and creative consultant Katie Grand. She will stage a series of masterclasses and workshops.
Fashion
De Beers moves into new concept London flagship

De Beers moves into new concept London flagship

​Luxury natural diamond jewellery giant De Beers has exited its flagship store on London’s Bond Street and into a new concept store next door that reflects a new-look blend of heritage, modernity and sustainability.
Luxury
Moncler expands Rome boutique, launches Palm Angels Genius collection

Moncler expands Rome boutique, launches Palm Angels Genius collection

​Moncler has marked the 10th anniversary of its presence in Rome with the expansion of its boutique in Piazza di Spagna. 
Fashion
Valentino moves to Akoni under new eyewear deal that starts in 2022

Valentino moves to Akoni under new eyewear deal that starts in 2022

Valentino has switched eyewear partners in a deal with Akoni Group for the design, manufacture and worldwide distribution of its eyewear after previously working with Luxottica in a partnership that has ended early.
Fashion
Top 100 luxury companies generated $252 billion in 2020

Top 100 luxury companies generated $252 billion in 2020

Following a challenging year, Deloitte’s latest Global Powers of Luxury Goods report shows that the revenues generated by the world’s top 100 luxury companies dropped from $281 billion in 2019 to $252 billion in 2020.
Luxury
Joseph Altuzarra launches 'genderful' brand Altu

Joseph Altuzarra launches 'genderful' brand Altu

Joseph Altuzarra introduced on Thursday a new "genderful" brand, dubbed 'Altu', that aims to reimagine and challenge traditional notions of dress. 
Luxury
Zegna unveils new logo, launches techy Zegna Outdoor capsule collection

Zegna unveils new logo, launches techy Zegna Outdoor capsule collection

Zegna may have just celebrated its 110th anniversary, but this is one brand that keeps on evolving. On Friday, the Italian marque will launch a new collection, Zegna Outdoor Capsule, and also unveils a brand new logo.
Fashion
The RealReal reports 51% GMV increase in November

The RealReal reports 51% GMV increase in November

The luxury resale marketplace announced on Thursday that gross merchandise value on its platform totaled approximately $146 million in November, with growth driven by shopping holidays such as Black Friday.
Fashion
Omicron variant to boost online festive sales says ParcelHero

Omicron variant to boost online festive sales says ParcelHero

​UK consumer concerns over the new Omicron coronavirus variant will mean there will be another £35 billion+ online spend this Christmas, predicts ParcelHero.
Fashion
Thailand's Central denies Selfridges buy after report says it won £4bn race for firm

Thailand's Central denies Selfridges buy after report says it won £4bn race for firm

Thailand’s Central Group has denied it’s in talks to buy Selfridges after it was reported globally that the firm will buy the business, perhaps as soon as this month.
Fashion
Designer Adolfo dies at 98

Designer Adolfo dies at 98

New-York based designer Adolfo Sardinia died at his Manhattan home on Saturday at age 98. 
Luxury
Luxury goods groups Hermes, Richemont enter blue-chip Euro STOXX 50 index

Luxury goods groups Hermes, Richemont enter blue-chip Euro STOXX 50 index

Luxury goods companies Hermes and Richemont won promotion on Wednesday to the blue-chip Euro STOXX 50 equity index, which could increase investment funds' demand for the stocks that have hit all-time highs.
Luxury
LFW's men's event won't happen in January, labels to join women's event again

LFW's men's event won't happen in January, labels to join women's event again

​The fashion events calendar is struggling to get back to some sort of normality as UK lockdowns end while the pandemic rumbles on, and the menswear edition of London Fashion Week is being affected by this.
Fashion
G-III tops guidance with 23% sales rise in third quarter

G-III tops guidance with 23% sales rise in third quarter

The parent company of brands including Donna Karan, DKNY and Sonia Rykiel has reported net sales of $1.02 billion for Q3, reflecting a 22.8% increase from $826.6 million in the same period in the previous year.
Fashion
Jacquemus takes first steps into childrenswear with capsule collection

Jacquemus takes first steps into childrenswear with capsule collection

For the year-end festivities, the French designer has dropped a collection of objects in a pink colour palette, including for the first time a few items for children aged 3-10, a way to test the childrenswear market.
Luxury