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70% of Asian luxury consumers prioritizing craftsmanship over brand, design: Bluebell Group

70% of Asian luxury consumers prioritizing craftsmanship over brand, design: Bluebell Group

The fourth volume of the 'Asia Lifestyle Consumer Profile' report, covering consumers across six markets, found that 70% of respondents are prioritizing craftsmanship over brand or design.  
Luxury
Luxury watch thefts surge, impacts shopper confidence

Luxury watch thefts surge, impacts shopper confidence

Around £1.5 billion, and counting. That’s currently the staggering total worth of luxury watches stolen or lost, according to the global Watch Register database.
Luxury
UK luxury is £81bn industry says new report

UK luxury is £81bn industry says new report

​The UK luxury sector is now worth £81 billion a year to the UK economy and supports 450,000 jobs, according to a new report by British luxury body Walpole. 
Fashion
Fossil Group CEO to step down

Fossil Group CEO to step down

Fossil Group announced that Kosta N. Kartsotis will be stepping down from his position as chief executive officer and as a member of the board of directors, effective immediately.
Luxury
Luxury e-tail crisis: Is it game over for sector's biggest names?

Luxury e-tail crisis: Is it game over for sector's biggest names?

Matches, Farfetch, Net-A-Porter -- luxury fashion e-tail's dynamic driving forces are facing a crisis nobody expected just a few years ago. So what caused it and is there still a chance they could bounce back?
Fashion
Matches to go into administration following purchase by Frasers

Matches to go into administration following purchase by Frasers

​In 2017 it was sold by its founder for a price rumoured to be £800m. A few months ago Frasers bought it for £52m. And now luxury e-tailer Matches is set for an administration filing that could come as early as Friday
Fashion
Hugo Boss has record 2023, sees more growth ahead despite tough backdrop

Hugo Boss has record 2023, sees more growth ahead despite tough backdrop

​Hugo Boss’s results report on Thursday showed just how strong the German high-end fashion giant is, with 2023 being a record year for the business and further improvements predicted for FY24.
Fashion
Ferragamo sales improve in February after weak start to year

Ferragamo sales improve in February after weak start to year

Sales at Salvatore Ferragamo continued to weaken year-on-year in January after dragging operating profit down 44% profit in 2023, but stabilised in February, the chief executive of the Italian luxury goods group said.
Luxury
Louis Vuitton closes Paris Fashion Week by going into orbit

Louis Vuitton closes Paris Fashion Week by going into orbit

Bernard Arnault, the patron of Louis Vuitton, loves a big show, and he got an immense one Tuesday night as designer Nicolas Ghesquière closed out the official Paris runway season with a mammoth display before 4,000. 
Luxury
Miu Miu: Classic has rarely looked better

Miu Miu: Classic has rarely looked better

It’s hard to underestimate the importance in fashion of Miuccia Prada, who stages Prada power shows for men and women in Milan four times year, and bookends the Paris women’s wear season with Miu Miu.
Luxury
Monday in Paris: Pierre Cardin and Coperni

Monday in Paris: Pierre Cardin and Coperni

On the 8th day of Paris Fashion Week Fall/Winter 2024, French brand Pierre Cardin took his signature space-girls underwater, while the duo behind Coperni made theirs trace a pathway to the stardust.
Luxury
Paris on Monday looks East with Sacai and Rokh

Paris on Monday looks East with Sacai and Rokh

One looked east on Monday in Paris with two powerful statements by much-admired brands Sacai and Rokh, one by Chitose Abe of Japan, the other by Rok Hwang from Korea.
Luxury
Paris: Valentino and Akris in reflective moods

Paris: Valentino and Akris in reflective moods

A brisk, breezy Sunday saw thousands of fans crowd around the entrance to shows by two of the classiest brands in fashion, Valentino and Akris, where dark reflection was the unifying theme.
Luxury
Balenciaga: From Alpine beauty to nomadic cyber punk

Balenciaga: From Alpine beauty to nomadic cyber punk

Now that’s what we call a great fashion show. A dramatic reworking of Balenciaga’s canon in the thoroughly modern collection staged inside a truly stunning set.
Luxury
Sean McGirr debuts experimentally at Alexander McQueen

Sean McGirr debuts experimentally at Alexander McQueen

Alexander McQueen once staged a show in a garbage incinerator plant along the Thames. Sean McGirr staged his impressive debut for the house on Saturday night inside a scruffy former railway depot in Paris’ Chinatown. 
Luxury
Paris Fashion Saturday: Vivienne Westwood, Hermès and Elie Saab

Paris Fashion Saturday: Vivienne Westwood, Hermès and Elie Saab

In a day of teaming rain, protests marches and traffic, Paris witnessed three shows by designers determined to think out of the box when it came to their brand’s DNA - Vivienne Westwood, Hermès and Elie Saab. 
Luxury