Euro zone retail sales plunged more than expected in June as prices at factory gates continued to rise, data showed Wednesday, signalling a weakness in consumer demand that could herald a recession in H2.

​Hermès saw a sales boom in Q2 as — like its luxury peers — it enjoyed strong growth in Europe and the US with China also recovering during June towards the end of the quarter.

Shopify Inc on Tuesday announced a partnership with YouTube to allow merchants to sell through the video platform, as it looks to tap into the growing number of content creators launching their own e-commerce stores.

​Homewares may have struggled in recent periods after it boomed during the pandemic, but retailers aren't turning away from it. In fact, many luxe names see it as key to expanding their sales.

Footfall in the renowned Parisian avenue has doubled compared to last year, according to a Cushman & Wakefield/My Traffic study, a stronger rebound than recorded elsewhere in Europe.

The fine dining experience at Daniel has received a gloss up with help from French crystal brand Lalique. 

Online wholesale marketplace Faire announced on Wednesday its entry into Australia, as the U.S. firm expands its global reach beyond North America and Europe. 

​Hermès was the latest luxury group to signal a strong recovery on Friday with the French firm’s Q4 and full-year sales highlighting the resilience of the biggest global luxury names both during and after the pandemic.

​It’s official — Thailand’s Central and Austria’s Signa are buying Selfridges Group from the Weston family. The transaction “will create one of the world’s leading omnichannel luxury department store groups”.

On Friday, luxury crystalware producer Baccarat announced the appointment of Margareth Henriquez, the CEO of Krug Champagne since 2009, as its new managing director effective April 1 2022.

Fast-expanding retailer Next delivered a Q3 trading update on Wednesday and brief though it was, it showed how the business continues to be one of the most successful and best-run in the UK fashion sector. 

The rain from the Bay of Biscay may have engulfed the City of Light, but the mood was sunny and optimistic at Isabel Marant and Leonard, quietly confident at Moynat and effervescent at Baccarat.

Dior went into full court press in the first 48 hours of Paris Fashion Week – unveiling its new Cheval Blanc spa, feting its Dior Home and Kids creator Cordelia de Castellane, and unveiling a Miss Dior floral pop-up. 

​H&M has opened the doors of its first standalone store for its growing H&M Home concept with a debut in Paris at 14, boulevard de Capucines.

​There was some good news coming out of Marks & Spencer for once on Friday as it upgraded its profit outlook after shoppers went online to buy more of its revamped clothing offer and also bought plenty of its foods.

​Hermès became the latest luxury group to announce a rebound on Friday as the upscale leather goods and fashion maker saw its sales soaring during Q2 and the first half as a whole.