The luxury fashion brands that were once the biggest users of fur are now at the forefront of the drive to replace it. And LVMH and Fendi have announced a link-up with London-based institutions to develop lab-grown fur.
UK Retail sales volumes fell by 1.4% in March 2022 following a fall of 0.5% in February, the Office for National Statistics said on Friday. That said, sales volumes were 2.2% above their pre-Covid February 2020 levels.
Eurofund Group launched a UK arm last autumn and this week, the international real estate investment and development company has announced that Alex Coffey has joined its leadership team as the new Commercial Director.
European retail may have been disrupted for a few years, but key shopping streets retain their appeal for consumers. A new ‘Popularity Index' shows the UK is home to three of the most popular shopping streets in Europe.
Hugo Boss is taking a big step with the announcement of Pre-Loved. The fashion giant said customers will be able “to buy pre-owned items as they would new”, with the launch of a premium resale platform happening in Q3.
Riding the success of ‘Le Cagole’, Balenciaga is opening 12 pop-up stores for the line featuring the eponymous shoulder bag and other bags and shoes in a succession of cities all over the world, between now and July.
For the summer, the French luxury label is opening four resort stores in Saint-Tropez, Capri, Marbella and Bodrum, Turkey. They will stay open until the autumn, showcasing Chanel’s ready-to-wear and accessories lines.