A new filing by Matches' administrators shows there’s been plenty of interest in buying it but that even if it was sold as a going concern, any new owner would have to deal with its severely dented reputation.

For several weeks now, rumours have been flying around about a possible departure for the French designer from Celine. 

At the 7th edition of the Forum de la Mode in Paris, Arnaud Vaillant, CEO and co-founder of Coperni, explained how the fashion and accessories brand is innovating, in particular with artificial intelligence.

The luxury group suffered in all regions in the first quarter, except in Japan, where retail sales jumped by 16%, and in the Middle East. In Asia, which accounts for a third of Kering's revenues, sales fell by 19%.

Prada SpA’s sales jumped as the Italian fashion group, which also owns Miu Miu, continues to outperform its biggest rivals.

Kering SA shares tumbled after the luxury group warned that profit will plunge in the first half of the year on slumping sales at Gucci, its biggest brand. 

The almost 180-year-old leather goods house famous for its Grace Box bag is leaning in on its rich history.

The house of Dior has unveiled its new Cannage sunglasses, the latest expression of a defining code of the Paris brand, that has become a leit motif of late.

Knitwear specialist John Smedley is betting on UK manufacturing making a comeback in a changed world and is investing millions in making its factory available for third-party manufacturing for the first time in 40 years.

Shanghai-born and Los Angeles-based designer Hanchen Xu has just presented the first collection of his luxury and unisex Xüxü fashion brand, entirely shot on a Californian volcano. 

Saks unveiled on Tuesday the Saks Media Network, a new initiative aimed at assisting brands in reaching Saks' affluent customer base through digital advertising across the shopping journey.

Kering SA warned that profit will plunge in the first half of the year after wealthy shoppers curbed spending on Gucci products.

The French luxury group has unveiled the eight finalist labels for its eleventh LVMH Young Design Awards, from eight countries. The final will be held on September 10. 

The Italian group achieved sales of 463 million euros in the first quarter, driven by the US, where sales jumped by 58%, while they fell by 15% in China. While Zegna made progress, Thom Browne fell back.

The Argentinian designer, who founded the label in 2012, is stepping down at a delicate time of transition for the parent company New Guards Group, on which investment fund Style Capital is said to have set its sights.

Max Mara’s line has opened up its archives to the public for the first time. The label is selling on its e-shop a selection of looks from 2006, available only until April 24.