The latest news
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.
Chanel to double London HQ space
News last week that Chanel’s sales rose in double digits in 2022 was followed by the company saying it would double the size of its global HQ in London’s Mayfair and will move in during 2025.
New official figures show UK tourist visits still well behind 2019
The Office for National Statistics International Passenger Survey has shown that tourist visitors to the UK are well below 2019 levels with the New West End Co directly blaming the abolition of tax-free tourist shopping.
Happy Armani buoyant in 2022, says China bounces back in Q1 2023
Armani Group’s 2022 results have shown ongoing progress at one of the world’s best-known luxury names as net revenues jumped 16.5% to €2.35 billion and profit rose even faster.
M&S sales continue to rise as fashion stays strong
M&S’s annual results offered more evidence of the strength of its turnaround with the retail giant reporting higher sales and headline profits, although operating profits were hit by tough comparisons and higher costs.
YNAP names new Middle East GM
Online fashion giant Yoox Net-A-Porter (YNAP) has named Celine Lefebvre as its General Manager for the Middle East, effective 23 May.
The Loewe Foundation unveils 2023 craft prize winner
Inazaki, an artist from Takamatsu, Japan, was chosen from 30 finalists by a distinguished jury, including Loewe creative director, Jonathan Anderson.
TfL links with IMG in licensing deal
We can expect to see more products on sale globally carrying the distinctive roundel and moquette fabric designs used by London’s public transport system Transport for London (TfL).
Affluent and younger shoppers are most eco-focused says ESW
It may not come as a surprise, but research seems to have confirmed that the highest value e-shoppers are the most sustainability-focused in a world of consumers who are generally prioritising eco-awareness more often.
Stockmann names new CEO, Lindex chief steps up
Finnish retail giant Stockmann, which owns its namesake department stores as well as the internationally available Lindex brand, has named a new CEO. Susanne Ehnbåge has stepped up to the role, effective immediately.
THG ends Apollo talks, says performance continues to improve
THG shares continued their rollercoaster ride Friday, dropping 13% after it said that it's no longer in talks with private equity giant Apollo about a possible takeover as the proposal undervalued the e-commerce firm.
Google tests AI for fashion shopping
Search giant Google is to test artificial intelligence (AI) technology for shopping with what it has dubbed “Search Generative Experience”, or SGE.
Chinese company earnings reveal lopsided economic recovery
People in China splashed out on dining, travel and luxury goods after emerging from three years of pandemic restrictions but are still not spending freely on routine consumer items.
Farfetch and Outlier reveal next cohort for Dream Assembly Base Camp
Luxury e-tailer Farfetch and Outlier Ventures, the global Web3 accelerator and investor, have chosen a second cohort of start-ups for their Dream Assembly Base Camp accelerator programme.
Patchy Mothercare performance shows both challenges and underlying progress
Mothercare’s full-year trading update on Thursday showed further evidence that the company’s turmoil and reinvention of itself in recent years is both yielding rewards and presenting ongoing challenges.
Karl Lagerfeld documentary: a fascinating spotlight on a fashion phenomenon
Michael Waldman's Karl Lagerfeld documentary, The Mysterious Mr Lagerfeld, aired on the BBC in the UK late last week (and will be rolling out globally) and has been chalking up five-star ratings.