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Hermès opens first Michigan store in Troy

Hermès opens first Michigan store in Troy

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.
Luxury
Selfridges owners reportedly mull sale with £4bn price tag

Selfridges owners reportedly mull sale with £4bn price tag

​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.
Luxury
Accessories Council opens applications for 2021 Design Excellence Awards

Accessories Council opens applications for 2021 Design Excellence Awards

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.
Fashion
Could the USA be luxury's next El Dorado after China?

Could the USA be luxury's next El Dorado after China?

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.
Luxury
Cartier reveals Women’s Initiative 2021 laureates

Cartier reveals Women’s Initiative 2021 laureates

Cartier has unveiled the names of the eight laureates in this Cartier Women’s Initiative, revealed in an entirely digital ceremony, the climax of a three-day gathering evolving around the concept of a Ripple Effect.
Luxury
Nike, Tag Heuer show support for Osaka after French Open withdrawal

Nike, Tag Heuer show support for Osaka after French Open withdrawal

Naomi Osaka received support from several avenues on Tuesday after the world number two withdrew from the French Open in a row about media duties, saying she had been suffering from depression and anxiety. 
Fashion
Gucci returns to the Hamptons with permanent store

Gucci returns to the Hamptons with permanent store

The Italian luxury brand has announced the opening of a new store in East Hampton, New York, marking the company’s return to the Hamptons in a permanent capacity following a series of pop-ups in recent years.
Luxury
Capri's power brands trio are bouncing back despite Q4 loss, says CEO

Capri's power brands trio are bouncing back despite Q4 loss, says CEO

Capri Holdings may have made a loss in Q4, but the company remains upbeat that in a post-pandemic world, its trio of power brands can be a profits-generating machine.
Fashion
Dior Men Spring 2022: from Bohan to big cats

Dior Men Spring 2022: from Bohan to big cats

For his latest collection for Christian Dior, creative director of menswear Kim Jones has channelled multiple ideas by the brand’s former creative director, Marc Bohan, the longest-reigning designer at the couture house.
Luxury
Fashion's green future of seaweed coats and mushroom shoes

Fashion's green future of seaweed coats and mushroom shoes

From making algae-sequin dresses, dyeing clothes with bacteria to planting trackable pigments in cotton, an emerging tide of innovations offers the fashion industry a chance to clean up its woeful environmental record.
Fashion
Richemont profits surge despite sales dip, fashion labels get online boost

Richemont profits surge despite sales dip, fashion labels get online boost

​The trading environment may have been volatile but luxury giant Richemont still managed to see net profit rising almost 40% in the financial year to the end of March, beating forecasts by a wide margin.
Luxury
Watches of Switzerland ends year on a high, US and UK performances strong

Watches of Switzerland ends year on a high, US and UK performances strong

How’s this for an end-of-year trading statement, given the 12 months retail’s had? Watches of Switzerland Group enjoyed “robust” UK trading together with an “outstanding” US performance for both Q4 and the full year.
Luxury
Farfetch revenues leap ahead as 2021 starts with a bang

Farfetch revenues leap ahead as 2021 starts with a bang

Farfetch has reported another big leap forward in terms of gross merchandise value (GMV) and digital platform GMV as it continues benefit from consumers shifting online both generally and due to the pandemic.
Luxury
Covid dents Burberry sales but bounce-back has begun

Covid dents Burberry sales but bounce-back has begun

​The last year has been a bruising one for many and Burberry’s results for FY21 have illustrated that perfectly, But they also show how it has learned to navigate the pandemic and is bouncing back strongly.
Luxury
Lyst raises new cash, mulls IPO - report

Lyst raises new cash, mulls IPO - report

Lyst, the London-based upscale fashion search-to-retail platform, is reportedly mulling an IPO, having raised $85 million from a variety of investors.
Fashion
Selfridges gets licence to host weddings

Selfridges gets licence to host weddings

​After a year in which weddings were cancelled across Britain, they're back on the agenda, so with supreme good timing, Selfridges has just been granted a licence to host the ceremonies and receptions.
Luxury