The general manager of the Italian luxury group will step down on March 31, though he will remain on the board of directors, and will continue as president of Armani-owned Olimpia Milano basketball club.
Polo Ralph Lauren has opened its first store in Lyon, France, with retail entrepreneur Jacques Vuillermet. The store extends over 150 square metres on two levels, and is located in the city’s old town.
Richemont’s former CEO is the first guest of the FashionNetwork.com/Luxurynsight podcast series, in a striking interview with Godfrey Deeny on the meaning of luxury and on de Quercize's vision of the industry.
Celebrities are a huge influence on spending in the UK and Britons spend around £6bn a year as a direct result of their desire to tap into celeb lifestyles, a new report claims. Fashion and beauty are key beneficiaries.
There appears to be a question mark around the space given over to fashion in M&S’s physical stores in the future as the company appears to be preparing to focus even more heavily on food than it has done until now.
UK physical stores fashion retail is caught up in a cycle of closures leading to locations declining, followed by even more closures, an analyst said at the weekend, on news that Arcadia is planning store closures.