Luxury
The latest news
LVMH’s Métiers d’Art division buys majority stake in Italian leather specialist Nuti Ivo
LVMH has recently acquired a majority stake in Italian leather specialist Nuti Ivo S.p.A, which has now become part of the world's number-one luxury group's Métiers d’Art division.
Luxury
Appeal of quiet luxury trend confirmed by JOOR wholesale data
The quiet luxury trend has been making a big impact this year, despite some scepticism about its durability, but wholesale data appears to show it’s being backed by retail buyers.
Fashion
Sneaker marketplace Laced raises new funding
Laced — the British sneaker marketplace — is aiming to make access to in-demand products fairer and has raised £10 million/€11.2 million to help it do that.
Fashion
Dr Martens admits US mistakes but stays confident for future growth
Results from Dr Martens contained a mix of good news and bad, but too much of the latter. However, the company is generally headed in the right direction on many fronts despite areas of weakness that must be addressed.
Fashion
Cavalli kicks off summer collection tour with Selfridges show and pop-up
There are special collections and really special collections and the latest from Roberto Cavalli, that’s set to make waves at Selfridges, is undeniably one of the latter.
Luxury
Rebag partners with Christie’s auction house
Rebag, the digital-first resale platform for designer handbags and accessories, has partnered with Christie’s auction house on an exclusive auction offering.
Luxury
PVH sales meet Q1 guidance, affirms full-year outlook
PVH Corp. announced on Wednesday first-quarter revenue increased 2% to $2.158 billion, prompting the owner of Calvin Klein and Tommy Hilfiger brands to affirm its full-year guidance.
Fashion
Michael Kors owner Capri cuts revenue forecast as US demand wavers
Michael Kors parent Capri Holdings Ltd on Wednesday cut its annual sales forecast as demand for its handbags and shoes weakens in the United States, sending its shares down nearly 9% in early trading.
Luxury
Nordstrom delivers surprise profit as inventory woes ease
Nordstrom Inc posted a surprise first-quarter profit on Wednesday as better inventory control and demand from wealthy shoppers helped the company defy an inflation-driven slump in retail spending.
Luxury
Hermès fetes year of Astonishment in the Camargue
To thine own self be true, which Hermès certainly was with Astonishing Hermès - a performance art, equestrian ballet homage to the noble horses in the Camargue, Europe’s greatest wetland, on Tuesday evening.
Luxury
Sportswear rules! Surge continues as data shows what's driving media impact
The latest data report from Launchmetrics shines the spotlight on sportswear and the headlines story is — perhaps unsurprisingly — that athleisure and sneakers continue to be key drivers while luxury is also important.
Fashion
Swarovski launches 'other-worldly' campaign, works with Meisel, McGrath
High-profile jewellery brand Swarovski has launched a new campaign, Metamorphosis, to celebrate “joyful self-expression and the transformative power of crystals”.
Fashion
Simone Bellotti is new Bally Design Director after Villaseñor's exit
Swiss luxury brand Bally on Wednesday named Simone Bellotti as its Design Director leading its design studio. It’s an internal promotion with Bellotti having joined the firm back in October after 16 years at Gucci.
Fashion
Valentino strikes deal with unions for results bonus
The 2023-2025 three-year agreement stipulates that a result-based bonus will be awarded to all the luxury label's workers employed at its fashion division in Italy.
Luxury
Balenciaga transforms Paris into "Capital B" for spring 2024
Balenciaga unveiled its Spring 2024 collection with a digital catwalk show at 3pm on Tuesday May 30, a celebration of everyday life that took place in the capital filmed in front of its Avenue George V boutique.
Luxury
Alberta Ferretti showcased her Resort 2024 collection in Rimini
The renowned designer took to the runway near the Sismondo castle to present a collection that pays tribute to her birthplace and to the Rimini-born director of "La Dolce Vita."
Luxury