​Q1 figures for Farfetch were more muted than some of its recent results and the company warned about the near-term impact of the macroeconomic backdrop that’s currently hurting fashion businesses at all price levels.

​The next landmark fashion exhibition to be seen at the V&A in London will focus on Gabrielle Chanel. Opening next year, it will be the first time a major UK museum has dedicated an exhibit to the trailblazing designer.

Upbeat profit forecasts from Nordstrom and Ralph Lauren underscore the edge high-end chains have over the wider U.S. retail industry in an inflationary environment, thanks to the deep pockets of their customer base.

​Burberry has unveiled its latest campaign for its TB Summer Monogram collection and has enlisted supermodel Gisele Bündchen to front the imagery that “celebrates the brand’s house code of duality”.

​As the cost of living crisis deepens, Britons have a long list of items they're cutting back on and a new study shows that top of the list is clothing.

​Etro, the luxury Italian label controlled by the L Catterton fund, has named Marco De Vincenzo as its new creative director. Starting early next month, he’ll be in charge of the women's, men's and home collections.

The LVMH-owned brand has launched an ultra-chic pet accessories collection. Its muse is none other than Elvis, creative director Hedi Slimane’s labradoodle. 

Luxury giant Chanel on Tuesday reported 2021 revenues that surged 49.6% year-on-year to $15.6 billion. And it's  confident it will deliver another year of solid growth in 2022.

​Luxury department store Harrods has finally appointed its first chief financial officer in five years. Tim Parker will join the business after 10 years at Hong Kong-based, London-listed conglomerate Jardine Matheson.

​BNPL may be booming but a troubled global economy is still presenting challenges to operators in the segment and news has emerged that one of the biggest operators, Klarna, is cutting 10% of its workforce.

Major global brands will “continue betting on physical retail to drive sales in resilient destination cities”, a Savills report says. And it named New York, Paris and London as “the most attractive cities for retailers”.

Last Friday, Canada announced a ban on trade in luxury goods with Russia, and added 14 other individuals, including known oligarchs, to the list of sanctions imposed in connection with the Russian invasion of Ukraine.

​Grosvenor has delivered a significant improvement in its financial performance in the latest year. The group owns vast tracts of land in key area like London’s Mayfair, as well as the Liverpool One mall.

​Luxury businesses have renewed calls for the UK government to reverse its decision to end VAT-free shopping for tourists, saying Britain is losing out to other European countries as big-spenders go elsewhere.

Louis Vuitton and streetwear brand Nike are presenting an exhibition in honor of Virgil Abloh’s take on the Nike Air Force 1 sneaker from May 20 to 31 in New York City. 

Designer Demna reimagined the excess and greed associated with the Big Apple in the eighties.