The latest news
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.
Dior opens its Dioriviera pop-up boutique and spa at Beverly Hills Hotel
On May 26, the French luxury brand took over the iconic Beverly Hills Hotel in Los Angeles and opened its Dioriviera pop-up boutique and a poolside Spa. The event will run until September.
Butler Industries acquires majority stake in fashionable restaurant L’Ambroisie
Walter Butler and his group Butler Industries announced on Thursday the acquisition of a majority stake in the fashionable Parisian restaurant L’Ambroisie.
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.
Joe Fresh, Life at Home launch co-branded collection with Jillian Harris
Joe Fresh has teamed up with Loblaw's in-house homeware brand Life at Home to launch their first co-branded collection with lifestyle maven, Jillian Harris.
Furniture brand Cassina opens largest store worldwide in Los Angeles
After recently buying Zanotta, another premium Italian furniture and design brand, Cassina has opened on North Robertson Boulevard in West Hollywood a 1,200 square-metre store on two levels, its largest worldwide.
Angelina Jolie ventures into sustainable fashion design with Atelier Jolie
Atelier Jolie aims to empower customer creativity by utilising surplus garments, promoting a fashion movement rooted in recycling, and actively involving refugees.
M5, Museum of Peace and Quiet, Alchemy Works to join new Free Market Los Angeles Arts District
Free Market Los Angeles opened its first space with the opening of a pop-up art gallery. Several brands including M5, Museum Peace and Quiet, and concept store Alchemy Works should be part of the project.
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.
Burberry upbeat as growth continues, Q4 shines and China recovers
Burberry’s preliminary results for the year to 1 April saw more growth with its CEO calling it “a strong performance, supported by good progress in core leather goods and outerwear". And revenue accelerated in Q4.
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).
Mixing old and new, Gucci hosts show in 14th century Seoul palace
With sparkling lights and beating drums, Italian luxury label Gucci took over a 14th century Seoul Palace to showcase its cruise collection, blending Korean heritage and modern fashion.
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.