Sales of the e-commerce clearance site Showroomprivé fell by more than 21% in the first half of 2022 to €305.4 million.
While millions are fretting whether they can afford another $1,000 on energy this year, others are still splashing out on $10,000 Hermes handbags as soaring prices leave wealthier people relatively unscathed.
Birkin bag maker Hermes is not interested in getting involved in the fast-growing second hand luxury market which has attracted some its rivals, its chief Axel Dumas said on Friday.
Amazon Inc's strong quarterly performance on Thursday offered another sign of a split in shopping patterns between more- and less-affluent Americans dealing with the highest inflation in four decades.
Kidswear pricing is a key selling point for big-name retailers at the moment. And Primark has said it will freeze prices of hundreds of kidswear essentials this season.
Tropic has chosen the London Underground for its first large-scale ad campaign. The British beauty brand has launched the ‘Nice To Meet You’ tube campaign, which aims to share its products with a broader audience.
The UK's Competition and Markets Authority (CMA) is targeting fashion labels that might be indulging in 'greenwashing' and the first ones to be targeted are ASOS, Boohoo and George at Asda.
Companies that supplied goods to Missguided before its administration filing and purchase by Frasers Group will get back less than 2% of the £30 million owed to them.
Luxury eyewear maker EssilorLuxottica reported on Friday a jump in second-quarter revenues, citing sound growth in all regions, despite a challenging environment.
The Italian fashion group, owner of Alberta Ferretti, Moschino and Pollini, closed H1 2022 with a gross operating margin (EBITDA) of €20.9 million and a net profit of €2.9 million, down from €13.3 million in 2021.
Hermès saw a sales boom in Q2 as — like its luxury peers — it enjoyed strong growth in Europe and the US with China also recovering during June towards the end of the quarter.
Direct-to-consumer eyewear brand Warby Parker has teamed up with New-York based casual apparel brand Noah to reinvent its frames.
Even though the Barbie movie is not due to release for about a year, the fashion-centric internet is feasting on the 'Barbiecore' trend, and retailers and brands are fueling it with hot pink merch.
The Council of Fashion Designers of America (CFDA) released on Thursday the preliminary official New York Fashion Week (NYFW) schedule welcoming new and returning brands.
Deckers Brands announced Thursday a strong start to fiscal 2023, reporting a first-quarter revenues uptick of 22%, on the back of strong growth in its portfolio darling, Hoka.
