Mr Porter and Roger Dubuis are launching a collab collection on the menswear site with the luxe price tag also including a big experience element as they work with Lamborghini to add a strong USP to the products.
Young Chinese fashion entrepreneur Wendy Yu, an investor in British fashion brand Mary Katrantzou, aims to build a fashion empire and plans to invest on average in two fashion brands a year, she told FashionNetwork.com.
Hong Kong has taken over from New York as the city with the most expensive street as far as retail rents are concerned but Paris and London rents are growing fastest for luxury labels, two new reports show.
The “Pink Legacy”, a diamond weighing just under 19 carats, fetched a record 50.375 million Swiss francs ($50 million), purchased by U.S.-based luxury jeweler Harry Winston, Christie’s said on Tuesday.
Fashion brands need to put their foot down and take action to prevent “a race to the bottom” in terms of discounts that threaten whole fashion retail eco-system, Farfetch CEO José Neves told FashionNetwork.com.