Luxury shopping in the post-Covid era is seen again as an exclusive gratification, a localised, digital and sensorial experience through authentic, high-added-value products, according to market research firm Ipsos.
The Hut Group has rarely been out of the news in recent months and on Monday it made headlines again as it announced a third-quarter trading update that showed its business continues to go from strength to strength.
The San Francisco-based digital-first luxury consignment platform has opened its first flagship store in the Windy City, its largest location to date, featuring in-store valuation and tailoring services.
The iconic New York-based fashion group has teamed up with non-profit Parity.org and a group of industry peers, including PVH Corp. and Lacoste, to reveal a new roadmap for achieving gender parity in the fashion sector.
French luxury group Kering confirmed a broad recovery in sales of high-end goods in the third quarter as Asian and U.S. demand helped revenues improve, though its star Gucci brand underperformed rivals.
The Italian label too has introduced the role of director in charge of diversity, equity and inclusion. Based in North America, the position has been entrusted to Malika Savell, formerly with French luxury group LVMH.
London destination store Browns is celebrating its 50th anniversary with a major campaign, a raft of exclusives, a webstore redesign and lots more activity to mark the influential store’s half-century.
Burberry continues to burnish its reputation as a tech innovator in luxury fashion with a new initiative to “revolutionise fashion design and engineering”. The first products using the tech are now dropping in-store.
Philipp Plein's former right-hand man is the new general manager of the Florentine luxury label. He succeeds Gian Giacomo Ferraris, who will stay on to ensure a smooth transition until the end of 2020.
The Milan fashion powerhouse has significantly expanded its Prada Re-Nylon selection, offering ready-to-wear, footwear and accessories for men and women, underlining its commitment to a sustainable business model.