Lifestyle
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UK luxury is £81bn industry says new report
The UK luxury sector is now worth £81 billion a year to the UK economy and supports 450,000 jobs, according to a new report by British luxury body Walpole.
Fashion
Recreating Paris in Phnom Penh -- for the rich
In downtown Phnom Penh, a huge high-end development mimicking the buildings and boulevards of Paris embodies a move to cash in on the "new frontier" for luxury -- in the capital of one of Asia's poorest countries.
Lifestyle
Inditex's growth strategy: Efficiency, profitability, and responsible expansion
On the occasion of the presentation of Inditex's financial results for 2023, the CEO of the Galician conglomerate shed some light on the past fiscal year and unveiled its schemes for future expansion.
Fashion
Meghan Markle launches new lifestyle brand
Meghan Markle, the wife of Britain's Prince Harry, is launching a new lifestyle brand seemingly named after the couple's oceanside California home.
Lifestyle
Shift to online/TV marketing helps improve 4imprint results
US-based BtB promotional merchandiser 4imprint continues to see healthy demand from the medium-sized companies it supplies, its results for the year ended 30 December show.
Fashion
Global communications giant The Independents acquires English agency Kennedy
A month after absorbing Atelier Athem, the consortium of creative agencies has taken over Kennedy, an English entity active in strategic consulting and the creation of brand, culture, and entertainment projects.
Lifestyle
John Lewis back in profit, fashion sales rise
John Lewis is one of the most closely watched retail giants in the UK at the moment, mainly because of its many problems in recent years. But at least its annual results managed to show it returning to profit.
Fashion
New Zalando strategy targets B2C and B2B transformation, includes more lifestyle categories
Zalando had big news Wednesday, saying it has evolved its strategy to cover a “larger share of [the] fashion and lifestyle e-commerce market” with a “pan-European ecosystem for customers and partners”.
Fashion
Otto Group unveils leadership succession plan
Otto Group has announced a succession plan that will see Benjamin Otto succeeding his father Prof. Dr. Michael Otto as head of the group, but not until 2026, with other key changes happening from next year.
Fashion
Luxury e-tail crisis: Is it game over for sector's biggest names?
Matches, Farfetch, Net-A-Porter -- luxury fashion e-tail's dynamic driving forces are facing a crisis nobody expected just a few years ago. So what caused it and is there still a chance they could bounce back?
Fashion
Matches to go into administration following purchase by Frasers
In 2017 it was sold by its founder for a price rumoured to be £800m. A few months ago Frasers bought it for £52m. And now luxury e-tailer Matches is set for an administration filing that could come as early as Friday
Fashion
Selfridges opens pop-up 'joke shop' complete with designer products
The latest concept to take over the Selfridges Corner Shop pop-up space is an unusual one, with the luxury retailer opening The Joke Shop.
Luxury
Karl Lagerfeld and Taraf unveil luxurious villas in Dubai
Karl Lagerfeld and property developer Taraf unveiled on Wednesday an exclusive residential enclave comprising of villas, in Dubai.
Luxury
Karl Lagerfeld's Paris home up for auction
Karl Lagerfeld's Paris apartment will go up for auction with a guide price of 5.3 million euros ($5.8 million), the notary responsible for the sale said Tuesday.
Lifestyle
Luxury hotels owned by French businessman Michel Ohayon exit receivership
The Bordeaux trade court has approved the recovery plan for the three luxury hotels owned by businessman Michel Ohayon, despite opposition from their main creditor.
Fashion
Amazon opens applications for 2024 UK, Europe Sustainability Accelerator
Digital giant Amazon is again on the hunt for start-ups with unicorn potential “to help solve the world's most challenging sustainability issues”.
Fashion