Having been purchased by Eric and Michaël Dayan in 2019, the Sonia Rykiel brand is set to change hands again, joining the portfolio of American fashion group G-III Apparel, owner of labels including Donna Karan.
Luxury handbag subscription business Cocoon has launched a new service “in response to growing consumer demand”. The new Flexi Membership will allow subscribers to tap into Cocoon's collection for a week at a time.
Alberta Ferretti and Fausto Puglisi for Cavalli showed contrasting visions of femininity; one based on crochet and craftsmanship, the other on posh-punk rebellion, as Milan Fashion Week suddenly gathers major momentum.
The understated Chinese luxury label, bought by the Exor holding company at the end of 2020, has taken a more directional turn by naming young designer Yang Li as creative director, and will show in Paris on October 4.
Wembley’s London Designer Outlet said on Wednesday that Tommy Hilfiger is set to “significantly upsize in the centre following the success of its pop-up store in LDO one year after it opened its doors”.
Jaden Smith has just launched a pop-up at Selfridges in London via the his MSFTSrep label. The products are also available via the Selfridges webstore and pop-ups at its branches in Birmingham and Manchester.
Finland’s Marimekko said on Wednesday that it has upgraded its profit guidance for the full year as pandemic uncertainties reduce, although they haven't gone away and supply chain disruption could still cause problems.
Covid-19 was no friend to cash. The pandemic saw retail transactions via payment cards rocket in 2020, according to the British Retail Consortium (BRC). Cash now accounts for just 15% of total spending in retail.
Luxury lifestyle brand BALR is relaunching in Britain and Ireland this season and has appointed Start agency as its UK sales partner. The label launches in lHarvey Nichols, Selfridges, and the expanding Flannels chain.