Cosmetics maker Coty Inc raised its full-year profit outlook on resilient demand for its high-end fragrances and skincare products even at a time inflation in most countries has soared to multi-year highs.
UK mall centre:mk Milton Keynes has been recognised for its sustainability achievements over the last 24 months. It’s been presented with the Green World Award, the top tier of the Green Apple Awards.
Hermès is considering using the metaverse for communications although the maker of Birkin bags and other luxury goods remains focused on craftsmanship, Executive Chairman Axel Dumas told shareholders on Wednesday.
Two major UK fashion movers and shakers have invested in designer resale start-up Loop Generation. The London-based venture offers pre-loved, luxury fashion in womenswear, menswear, accessories and footwear.
Luxury giant Hermès was the latest big name to update on recent trading on Thursday and it reported what we’ve seen elsewhere so far this year — “strong sales momentum across all business lines in all areas”.
The Woolmark Company is pulling out all the stops to support this year’s International Woolmark Prize with the latest news being a collab with FKA twigs and the Isamu Noguchi Foundation and Garden Museum.
Robust demand for Louis Vuitton and Dior products boosted first-quarter sales at the world's largest luxury goods conglomerate LVMH, kicking off earnings season for the industry with a show of resilience.
Online reseller StockX LLC said in a court filing Thursday that images of Nike sneakers it sells as NFTs do not violate Nike Inc trademarks, arguing that Nike had shown a "fundamental misunderstanding" of NFTs.