Footwear
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Juergen Teller shoots Burberry SS21 campaign
Burberry has just launched its SS21 campaign and given that it was shot in line with social distancing restrictions, it's quite different from many of its previous creatives.
Luxury
Matchesfashion CEO is out, Chiquet steps up for now
Matchesfashion's CEO of just a year has stepped down with immediate effect. Ajay Kavan has left the firm and director Maureen Chiquet has taken on the role of executive chairwoman as the company looks for a new leader.
Luxury
Kering takes stake in Vestiaire Collective
If anybody needed confirmation of how important fashion resale has become, it came on Monday with the announcement by France’s Vestiaire Collective of a new €178m financing round backed by Kering, among others.
Luxury
Selfridges sales were rising but pandemic meant huge challenges for retailer
Selfridges had already flagged the fact that its sales rose and its net profits fell in the year to February 2020, but it has now officially filed its annual results and the full extent of that performance can be seen.
Luxury
Mytheresa rides growth wave in Q2, profits continue to climb
Mytheresa was yet another luxury e-tailer seeing its sales soaring during the pandemic with the newly-listed German company saying it enjoyed a sales uplift of 32.9% in its second quarter.
Luxury
Net loss soars at Farfetch, but it hails sales surge and key EBITDA milestone
Like many other online fashion retailers, Farfetch saw soaring demand last year and said on Thursday that its 2020 gross merchandise value topped $3bn, up 49% year-on-year. Meanwhile revenue rose 64% to $1.7bn.
Luxury
Birkenstock 'to be sold' to L Catterton for €4bn - report
It looks like the long rumoured private equity takeover of family-owned Birkenstock could actually be happening soon. L Catterton, the group with close links to LVMH, is said to be “nearing an agreement” to buy it.
Fashion
Kith opens first European store in Paris
The American brand founded by Ronnie Fieg is opening a store in the French capital. Spread over three floors, the 16,000-square-foot location not only offers the label's latest collections, but also a restaurant.
Fashion
Selfridges and Louboutin launch upcycled denim capsule
Sustainability is a strand running through almost every product launch these days and that’s very clear from the latest Selfridges debut as the luxe department store unveils a collab with shoe label Christian Louboutin.
Luxury
McArthurGlen Designer Outlet West Midlands signs major name brands
McArthurGlen Designer Outlet West Midlands has announced some major new names with Coach, Kate Spade, Hugo Boss, Levi’s and Lacoste having signed up for the opening this spring.
Fashion
Farfetch and Restory join forces for aftercare push
The Restory and Farfetch have announced a new link-up to power the luxury e-tailer’s aftercare offer. Called Farfetch Fix, it will be provided directly by The Restory, to repair and restore shoes, bags and leather goods.
Luxury
Gucci sales fall in Q4, but Bottega Veneta, Saint Laurent are on a roll
Sales at Kering's leading brand, Gucci, suffered a bigger-than-expected drop in Q4 as Covid continued to dent luxury shopping and crimp tourist spending in particular.
Luxury
Net-A-Porter launches widgets to boost UX on Apple devices
YNAP’s Net-A-Porter and Mr Porter luxury e-tailers have launched new widgets for iPhone and iPad users, that allow customers “to preview and directly access the What’s New pages for both stores from their home screen”.
Luxury
Vestiaire Collective links with Alexander McQueen for sustainable luxe resale deal
Alexander McQueen and Vestiaire Collective have unveiled the first designer partnership for the resale site's pioneering new luxury label Brand Approved programme.
Fashion
New York Fashion Week Day Two: Pride and Volume
No one could fault the latest crop of designer showing, in New York, for effort. In a busy Monday, with almost 30 collections, their arty videos and polished ideas were a reminder of how hard people have been working.
Fashion
Moss Bros struggles in pandemic, but e-sales rise
The latest results from now-privately-held Moss Bros saw it reporting a pre-tax loss for the year to last January. And the pandemic has been a problem since then, although its online sales have risen.
Fashion