Kate Spade New York is among the latest brands preparing for their Hudson Yards debut, with the label set to open its newest boutique – a retail embodiment of Nicola Glass' new vision for the brand – on Friday.
Britain's luxury sector, including names such as fashion house Burberry, could lose up to £6.8 billion in exports a year if the world's fifth largest economy crashes out of the EU without a deal, research indicated.
One brand quietly winning a legion of fans since coming to show in Paris two years ago is Silvia Tcherassi. A highly sophisticated Colombian, Tcherassi was previously named Chevalier des Arts et des Lettres.
Farfetch's first set of results since its IPO showed sales soaring and even though the firm is still loss-making, its growth trajectory is continuing into 2019 as the global appetite for luxury fashion remains strong.
The UK is a magnet for luxury tourists but the potential for spend at its upscale fashion stores is being let down by the country’s ‘Stone Age’ method of refunding VAT, experts claim. And Brexit could make it worse.
Two of the biggest names in luxury retail are now working together with Farfetch saying on Tuesday that it’s linking up with Harrods and will be the luxury department store’s global commerce platform provider.