Expect Farfetch’s content to be all about super-sustainability this month with the online luxury fashion retailer offering an “unrivalled selection of more sustainable pieces, pre-owned styles and circular services”.
This week, following in the footsteps of mighty conglomerates like LVMH and Kering, New Guards launched its own eyewear division, spearheaded by Francesco Ragazzi, the creative director and founder of Palm Angels.
The trading environment may have been volatile but luxury giant Richemont still managed to see net profit rising almost 40% in the financial year to the end of March, beating forecasts by a wide margin.
Farfetch has reported another big leap forward in terms of gross merchandise value (GMV) and digital platform GMV as it continues benefit from consumers shifting online both generally and due to the pandemic.
Browns relaunched its incubator Browns Focus brand on Thursday with a series of unique collections by emerging talent being marked with an installation in the Focus area at Browns Brook Street and Browns East.
Covid-19 has boosted e-tail, especially for multibrand sites and leading luxury labels, according to a study by Bernstein for Altagamma. An evolution that means other labels need to rethink their commercial strategy.