One day after Alessandro Michele, creative director of Gucci, revealed on Instagram that the brand would in future stage only two shows per year, the designer called for a reformulation of the fashion calendar. 

Bernard Arnault, Europe’s richest man, has acquired a one-quarter stake in Arnaud Lagardère’s holding company, in a move that will be seen as an attempt to support the family of his fellow French billionaire.

Gucci’s creative director Alessandro Michele has announced, via Instagram, that the Italian brand will abandon the official runway season, and will instead stage only two shows per year in for the foreseeable future.

As previously announced, Brunello Cucinelli is stepping down from his label's day-to-day running: he remains executive president and creative director, while Luca Lisandroni and Riccardo Stefanelli are the new co-CEOs.

Shulman, who served as editor-in-chief of British Vogue for 25 years, joins the company as it looks to expand its online platform for independent boutiques in the US.

The Moss Bros takeover saga is continuing with its now-unwilling suitor saying it will appeal against a ruling telling it the deal must go ahead.

Burberry was hit hard by the Covid-19 crisis at the end of its last financial year and the impact is continuing in the new year. But it's seeing resurgent demand in key Asian markets and its strategy remains on track.

The digital-first fashion rental service is reportedly seeking $25 million in its latest funding round, which would see the company valued at approximately $750 million, under a previous valuation of $1 billion.

Canada Goose Holdings Inc has laid off about 125 workers, as the Covid-19 pandemic saps demand for the company’s luxury parkas, the Wall Street Journal reported on Wednesday. 

Sebastian Picardo has been named president and chief executive officer of Holt Renfrew, the Canadian luxury retailer announced on Tuesday.

Amid coronavirus uncertainty and a shift towards digital formats, Tbilisi Fashion Week is focusing on the launch of a new 27,000 sq m venue that will combine fashion, art and culture.

Few brands have been more exposed to the retail collapse caused by the pandemic than Swarovski. We caught up with its CEO Robert Buchbauer for a check up on the status of the world's most famous crystal maker.

Moss Bros’s reluctant suitor, Brigadier Acquisition Company, has been told by the UK’s Takeover Panel that it can't walk away from its £22.6 million bid for the menswear company.

Swarovski has named Giovanna Battaglia Engelbert as its first ever company-wide Creative Director. She will “oversee the full creative direction of the company and reimagine the product portfolio across all divisions”.

Following Centric Brands’ bankruptcy filing, Marquee Brands has announced that it is taking back control of the BCBG Max Azria and BCBGeneration licenses, as part of its efforts to launch the Marquee-Direct platform.

On Tuesday, the company said that approximately 180 company-operated stores across all brands are now open in North America, along with 350 in Europe, 1,000 in Asia, 75 in Australia and four in Brazil.