British department store group Selfridges warned Tuesday that it plans to axe 450 jobs after sales slumped due to the coronavirus and the aftermath of the nationwide lockdown.

Talk about a concise couture concept. Chanel unveiled its latest haute couture collection on Tuesday online, a stylish video that referenced the legendary Paris nightclub Le Palace in just one minute and 22 seconds.

Set to open in early fall, the new 7,000 square-foot store will stock Monique Lhuillier’s entire ready-to-wear, bridal and accessories collections, as well as exclusive items.

The Tax Free World Association has cancelled its flagship World Exhibition that was due to take place in Cannes in September and October.

Giorgio Armani has decided to temporarily close down its luxury hotel, restaurants and all its boutiques in Milan, the company announced Tuesday evening, in reaction to the rapid spread of coronavirus in Italy.

Emmanuel Macron fêted fashion creativity with a gilded dinner inside the Élysée Palace on Monday night, praising the imaginative foreign elements in the industry, but picking out Jean-Paul Gaultier for special praise.

Former Luxottica boss Andrea Guerra is set to join LVMH to head the French luxury goods giant's hospitality and restaurant business, two sources familiar with the matter said.

He could be sipping cocktails in his silk slippers yet fashion legend Kenzo is back at the age of 80, throwing himself into the world of interior design Friday with the launch of his new brand, K3.

Through Rent the Runway’s new ‘Rent the Runway Closet Concierge’ service, W Hotel guests as select W hotels can rent four styles for $69 upon booking their room.   

British retailer Arcadia Group will name the former head of De Vere hotel and leisure group Andrew Coppel as the chairman, Sky News reported on Wednesday. He will replace Jamie Drummond Smith on Thursday.

The owner of the Ikea furniture brand expects sales to grow this fiscal year as online trade expands, but profits will be tempered by increased investment as the brand battles web specialists like Amazon and Made.

Fashion labels seem to have a fresh appetite for investing in hotels, as Zadig & Voltaire, Maison Kitsuné and Bensimon, among others, are seeking new ways of expressing their brand identity.

​Simone Rocha's inspiration was obscure but her creations exceptionally illuminating, as she presented a particularly memorable collection in Alexandra Palace on Sunday evening in London.

The Milanese label is opening a pop-up store from September 6 to October 20 in the Parisian hotel’s hall, showcasing La Double J’s ready-to-wear and lifestyle collections.

Texfusion New York will present a program of seminars and talks dedicated to sustainability for its event at the Penn Plaza Pavilion in Manhattan from July 24 through 25.

Canadian retailer Le Château reported a sales loss for its first quarter, following a year of store closures.