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Coperni: Drive-in catwalk show inside the AccorArena
Finally, Paris Fashion Week had an actual live catwalk show. A drive-in runway event witnessed Thursday night by a few score of editors and influencers from inside Citroen DS7s and staged inside the AccorArena.
Fashion
Nordstrom sales beat on off-price clothing channel, online strength
Nordstrom Inc on Tuesday reported better-than-expected revenue for the holiday quarter, aided by a rise in e-commerce sales and growth in its off-price business, Rack.
Fashion
Matchesfashion CEO is out, Chiquet steps up for now
Matchesfashion's CEO of just a year has stepped down with immediate effect. Ajay Kavan has left the firm and director Maureen Chiquet has taken on the role of executive chairwoman as the company looks for a new leader.
Luxury
Kering takes stake in Vestiaire Collective
If anybody needed confirmation of how important fashion resale has become, it came on Monday with the announcement by France’s Vestiaire Collective of a new €178m financing round backed by Kering, among others.
Luxury
Selfridges sales were rising but pandemic meant huge challenges for retailer
Selfridges had already flagged the fact that its sales rose and its net profits fell in the year to February 2020, but it has now officially filed its annual results and the full extent of that performance can be seen.
Luxury
Net loss soars at Farfetch, but it hails sales surge and key EBITDA milestone
Like many other online fashion retailers, Farfetch saw soaring demand last year and said on Thursday that its 2020 gross merchandise value topped $3bn, up 49% year-on-year. Meanwhile revenue rose 64% to $1.7bn.
Luxury
Gucci sales fall in Q4, but Bottega Veneta, Saint Laurent are on a roll
Sales at Kering's leading brand, Gucci, suffered a bigger-than-expected drop in Q4 as Covid continued to dent luxury shopping and crimp tourist spending in particular.
Luxury
Net-A-Porter launches widgets to boost UX on Apple devices
YNAP’s Net-A-Porter and Mr Porter luxury e-tailers have launched new widgets for iPhone and iPad users, that allow customers “to preview and directly access the What’s New pages for both stores from their home screen”.
Luxury
New York Fashion Week Day Two: Pride and Volume
No one could fault the latest crop of designer showing, in New York, for effort. In a busy Monday, with almost 30 collections, their arty videos and polished ideas were a reminder of how hard people have been working.
Fashion
Jason Wu and Imitation of Christ open New York Fashion Week
Jason Wu opened this month’s New York Fashion Week on the Sunday night of Valentine’s Day, with a nostalgic ode to Coca Cola capitalism. Imitation of Christ followed him with pure whimsicality.
Fashion
Opening Ceremony: Humberto and Carol on going to the mattresses
Opening Ceremony may have closed down its destination boutique in Soho last spring, but the brand is very much alive and kicking, as the latest collection from its founders – Carol Lim and Humberto Leon - trumpets.
Fashion
Wanna, with Natalia Vodianova as angel investor, lures luxe partners with unique AR
As many luxury brands struggle, we spoke to Sergey Arkhangelskiy, boss of Reality technology start-up Wanna – which is working with the likes of Gucci, Farfetch and Puma – and aiming for a 200% growth rate this year.
Luxury
LVMH to require US Tiffany staff to return to office
Luxury giant LVMH has directed US administrative employees of jeweler Tiffany to resume working part-time at the office on March 1, a person close to the company told AFP Friday.
Luxury
Tag Heuer inks partnership with Porsche; and launches new Carrera chronograph
Tag Heuer has inked a partnership with automaker Porsche, and launched the link-up by unveiling a new watch, the Tag Heuer Carrera Porsche Chronograph.
Luxury
Luxury demand drives Watches of Switzerland into another strong quarter
Everything’s ticking over nicely for Watches of Switzerland. The UK-listed premium timepiece retailer continued its impressive run of gains into Q3 and, importantly, stood by its full-year guidance.
Luxury
Karl Lagerfeld's right-hand man, Sébastien Jondeau: 'He would be upset with me' for talking about his illness
Sébastien Jondeau, the former bodyguard and personal assistant of Karl Lagerfeld, has written a memoir in collaboration with Virginie Mouzat, called "Ça va, cher Karl ?"* [How are you, dear Karl].
Luxury