The Parisian luxury brand has opened its first location in Michigan, at the Somerset Collection mall, in the northern suburb of Metro Detroit, Troy, revealing a store design that channels the landscape of the Midwest.

Daniel Wellington this week debuted its new Quadro collection, as it unveiled a brand-new ambassador, Tina Kunakey, for its watches in the latest moves from one of Scandinavia’s fastest growing accessories marques.

One of fashion’s biggest names has issued a warning to the fashion sector not to get too complacent about current green drives as there’s a lot more work to be done, with legislation also needed. 

​Selfridges is reportedly up for sale — or at least its owners are exploring their options — after a mystery buyer approached the business with an offer, reports claimed on Friday.

The fashion sector's trend-setting status can help influence change in other industries, but fashion companies also need to ensure that eco and ethical thinking are front of mind for their own commercial health.

​Burberry said on Thursday that it would be “climate positive by 2040”, the new sustainability ambition making it the first luxury brand to aim for that target, it added

​Luxury e-tailer Mytheresa unveiled a partnership with upscale resale specialist Vestiaire Collective on Wednesday, the latter operating a resale service for the webstore’s customers. 

​Canadian e-tailer and tech platform Ssense has received a major funding boost with investment firm Sequoia Capital taking a minority stake in a deal that values the business at more than C$5 billion.

Young people having saved money during the pandemic lockdowns are helping to drive the sneaker resale market and are buying such products as investments, specialist reseller StockX said this week.

Copenhagen Fashion Week’s return to a physical format for SS22 comes with a strong line-up of labels showing at the event from August 10-13. There will be 38 labels showing, including established names and new talent.

After successful runs in Paris, London and Shanghai, the Christian Dior: Designer of Dreams exhibition touches down in New York this September, bringing over 200 haute couture garments to the Brooklyn Museum.

The New York-based non-profit has announced that entries are now open for the third annual Design Excellence Awards, a competition that seeks to recognize outstanding products in the fashion accessories sector.

​LVMH-owned luggage brand Rimowa has launched a collab with London-based accessories label Chaos. The company said the two labels are “united by their common appreciation for luxurious design and innovative solutions”.

The online marketplace is seeking to cement its position as a top destination for shopping luxury products with the introduction of an authentication service for new and pre-owned handbags sold for more than $500.

The stock market is bullish, the economy is recovering, consumer confidence is growing: all indicators are positive, fuelling luxury purchases on a North American market that is highly dynamic and promising for labels.

Expect Farfetch’s content to be all about super-sustainability this month with the online luxury fashion retailer offering an “unrivalled selection of more sustainable pieces, pre-owned styles and circular services”.