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Luxury

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Belstaff sales rose last year but losses persist

Belstaff sales rose last year but losses persist

UK-based luxury brand Belstaff has released its results for the whole of 2020 and it was a decidedly mixed bag with clear improvements in some areas but the INEOS-backed business was still loss-making.
Luxury
Vestiaire Collective valuation rises to $1.7bn as it raises more funds

Vestiaire Collective valuation rises to $1.7bn as it raises more funds

French luxury resale site Vestiaire Collective’s onward march is continuing with news that it has raised a further €178m in new finance, six months after a previous funding round. The firm is now valued at $1.7bn.
Luxury
Centric Brands and Coach expand licensing partnership

Centric Brands and Coach expand licensing partnership

Centric Brands announced on Tuesday an expanded partnership with Coach as the exclusive license partner to design, manufacture, and distribute women’s costume jewelry.
Luxury
Balenciaga makes phygital haute couture with Fortnite

Balenciaga makes phygital haute couture with Fortnite

Four characters from the video game – Doggo, Ramirez, Knight and Banshee – will now be able to don pieces inspired by collections from the French luxury house, which is also releasing physical Fortnite apparel. 
Luxury
Paul & Joe's Sophie Mechaly says London has welcomed the brand with open arms

Paul & Joe's Sophie Mechaly says London has welcomed the brand with open arms

Paul & Joe showed its new collection in London on September 20, a first for the French label and a reflection of its new approach, which its founder has described to FashionNetwork.com in an exclusive interview.
Luxury
Tennis star Emma Raducanu lands Tiffany contract

Tennis star Emma Raducanu lands Tiffany contract

Emma Raducanu is fast becoming one of fashion’s favourite sports stars. Only a week after appearing as a last-minute addition to the Met Gala red carpet in a Chanel dress, she’s been confirmed as a Tiffany ambassador.
Fashion
Matchesfashion names Paolo de Cesare CEO

Matchesfashion names Paolo de Cesare CEO

Matchesfashion has named a new CEO, six months after the departure of its previous leader Ajay Kavan. The new chief executive is Paolo de Cesare, who had run Paris-based department store group Printemps until March 2020.
Luxury
YNAP opens "cutting-edge" distribution centre, boosts Net-A-Porter stock capaity

YNAP opens "cutting-edge" distribution centre, boosts Net-A-Porter stock capaity

Net-A-Porter and Mr Porter have received a major logistics boost as owner Yoox Net-A-Porter has officially opened its new “cutting-edge” logistics hub in Landriano, near Milan.
Luxury
Sergio Tacchini Europe in footwear licence deal with Sugi International

Sergio Tacchini Europe in footwear licence deal with Sugi International

Sergio Tacchini Europe and Sugi International have announced a new long-term footwear licence deal that will see products launching for AW22. Sugi will distribute the branded footwear to retailers across the EMEA region
Fashion
LFW: Simone Rocha, Roksanda, Paul & Joe and Osman

LFW: Simone Rocha, Roksanda, Paul & Joe and Osman

London Fashion Week’s final day of major shows on Monday was the latest tour around the capital, from outdoor Hyde Park art centre to East End church with stops in Mayfair, from gentleman’s club to concept restaurant.
Fashion
Milan prepares for intense fashion week spread around four corners of the city

Milan prepares for intense fashion week spread around four corners of the city

The Milan women’s fashion week starts on Tuesday with a schedule of 173 events, 65of them catwalk shows, featuring the return of Cavalli, Versace and Jil Sander, MM6’s first physicalshow and many interesting new names.
Fashion
Isabel Marant appoints Kim Bekker as artistic director

Isabel Marant appoints Kim Bekker as artistic director

The Parisian fashion house has appointed the Dutch designer, who has worked in its studio for more than ten years, as its new artistic director. She will be responsible for both the brand's men's and womenswear.
Fashion
Emmy Awards 2021: Glamour meets color in a vibrant red carpet cocktail

Emmy Awards 2021: Glamour meets color in a vibrant red carpet cocktail

After the all-out extravagance of the MTV Video Music Awards and the Met Gala, make way for the glamour of the Emmy Awards, with a return to floaty dresses, rhinestones and barely-there sheers.
Luxury
Cavalli to open $545 million luxury skyscraper in Dubai with Damac

Cavalli to open $545 million luxury skyscraper in Dubai with Damac

Italian fashion house Cavalli said on Monday it would open a $545 million ultra-luxurious skyscraper in Dubai in collaboration with real estate developer Damac Properties, aimed at reviving the luxury brand.
Luxury
​Fix UK’s ‘broken’ business rates system or many more stores will shut - BRC

​Fix UK’s ‘broken’ business rates system or many more stores will shut - BRC

Britain’s “broken” business rates system needs urgent reform otherwise over 80% of bricks-and-mortar retailers could permanently close stores, the British Retail Consortium (BRC) warns.
Fashion
Saint Laurent Rive Droite drops magazine dedicated to emerging artists

Saint Laurent Rive Droite drops magazine dedicated to emerging artists

The Parisian concept store opened in 2019 by Anthony Vaccarello and dedicated to art and design has launched FANZINE, a magazine showcasing emerging artists.
Luxury