In its first rollout beyond the US, Tom Ford has launched its webstore in the UK with its complete fashion, accessories and beauty offer available and tools such as a shop the look feature and lipstick shade-finder.
UK leather and luxury products maker Pittards saw rising sales and pre-tax profits in 2017, although its underlying loss expanded on the back of a major one-off stock writedown and currency exchange issues.
Karl Lagerfeld is enriching Chanel's luxury offering with two new collections: Coco Beach, dedicated to the ocean, and Coco Neige, designed for hitting the slopes. Both are set to arrive in store this summer.
By exploring new creative directions at Dior, Louis Vuitton and Céline with three important appointments, the luxury group has deftly reshuffled its hand and is now betting on menswear, sportswear and digital.
The higher end of the UK fashion sector could be hit hard come Brexit as leaving the EU will wipe out a major chunk of copyright protection for British designers and could even endanger London Fashion Week.
LVMH’s Louis Vuitton brand, the biggest revenue driver at the French luxury goods group, said on Monday it had tapped Virgil Abloh, the founder of streetwear label Off-White, to design its menswear collections.
A boom in online luxury goods sales is finally convincing high-end watchmakers, long sceptical that customers would pay thousands to buy intricate timepieces on the web, to step up their investments in e-commerce.
Nike has dominated Brand Finance's most valuable apparel brand ranking in 2018, followed by giants H&M and Zara and Adidas, with luxury labels Hermès, Louis Vuitton, Gucci and Cartier all trailing close behind.