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Ralph Lauren rebounds in Q1, N America sales jump 300%

Ralph Lauren rebounds in Q1, N America sales jump 300%

With a strong performance across North America and Europe, American fashion company Ralph Lauren Corporation has bounced back with 182% growth in revenue to $1.4bn.
Luxury
Hugo Boss expects recovery to continue through 2021

Hugo Boss expects recovery to continue through 2021

German fashion house Hugo Boss said it expected a rebound in its business to continue in the second half of the year as sales almost recovered to pre-pandemic levels in the second quarter.
Luxury
Guichot becomes SMCP chief as Lalonde quits for new opportunity

Guichot becomes SMCP chief as Lalonde quits for new opportunity

​Big change is coming at SMCP. On Monday, the Sandro, Maje, Claudie Pierlot and Fursac owner named Isabelle Guichot as its new CEO, to replace Daniel Lalonde who’s off to pastures new.
Fashion
Aeffe sees first-half profits soar compared to 2019

Aeffe sees first-half profits soar compared to 2019

The Italian group achieved revenue of 155 million euros in the first six months of 2021, up 30% year over year, but down 10% compared to 2019, while net earnings tripled in the two years, totaling 17.4 million euros. 
Fashion
Hermès bounces back as H1 beats both 2020 and 2019

Hermès bounces back as H1 beats both 2020 and 2019

​Hermès became the latest luxury group to announce a rebound on Friday as the upscale leather goods and fashion maker saw its sales soaring during Q2 and the first half as a whole.
Luxury
Saks Off 5th appoints Amazon alum as chief operating officer

Saks Off 5th appoints Amazon alum as chief operating officer

Hot on the heels of its spin-off as a standalone company, the Saks Off 5th e-commerce business has announced the appointment of former Amazon exec Shivi Shankaran as its new COO.
Fashion
Tapestry reveals new environmental, social and compensation initiatives

Tapestry reveals new environmental, social and compensation initiatives

The American luxury group has announced a series of new initiatives, including the launch of the Tapestry Foundation, the expansion of its corporate responsibility agenda, and the implementation of a $15 minimum wage.
Luxury
Nicky Zimmermann on 'The Postcard' resort 2022; opening in Cannes and making it from Australia

Nicky Zimmermann on 'The Postcard' resort 2022; opening in Cannes and making it from Australia

Australia, a country known for punching above its weight in sport, literature, cinema, media, wine and the pursuit of happiness, has tended to underperform when it comes to fashion. One major exception is Zimmermann. 
Fashion
Steve Madden sees strong recovery in retail channel; sales still not at pre-Covid levels

Steve Madden sees strong recovery in retail channel; sales still not at pre-Covid levels

The group announced a 178.6% increase in Q2 revenue on Wednesday, growth driven by the retail channel, which was, nonetheless, still not able to bring the company’s sales in line with pre-pandemic levels.
Fashion
BFC maintains charitable giving despite lower funding in latest year

BFC maintains charitable giving despite lower funding in latest year

​The British Fashion Council has released its annual report for 2020/21 in which it shared some of the achievements of what was one of the most challenging years ever.
Fashion
Bally's AW 21 campaign celebrates Swiss modernism and natural landscapes

Bally's AW 21 campaign celebrates Swiss modernism and natural landscapes

​Bally has unveiled the AW21 campaign for its Legacy Continua collection that “pays tribute to 170 years of excellence in design and leather craftsmanship since 1851”.
Fashion
Safilo expands Blenders Eyewear to UK and Ireland

Safilo expands Blenders Eyewear to UK and Ireland

​Eyewear giant Safilo is investing heavily in the US-based Blenders business that it acquired a year ago and has launched in the UK and Ireland via e-commerce.
Fashion
Rolex tops list of most searched for fakes

Rolex tops list of most searched for fakes

​UK consumers are continuing to search for fake luxury brands in large numbers and some have more appeal to label-hungry shoppers than others. In fact, Rolex is the most wanted label for those seeking fakes online.
Luxury
Versace opens new SoHo boutique

Versace opens new SoHo boutique

Italian luxury fashion house Versace inaugurated this month a new boutique in New York City’s SoHo neighborhood. 
Luxury
LVMH first-half profits soar on rebound from pandemic

LVMH first-half profits soar on rebound from pandemic

LVMH, the world's leading maker of luxury goods, said Monday that sales and profits had bounced back strongly in the first six months of 2021 as demand soared after the pandemic-induced slump last year.
Luxury
Bally is latest arrival on Regent Street with new concept

Bally is latest arrival on Regent Street with new concept

Bally has gone for big and bold with its new London flagship store. Situated on Regent Street, the latest Bally Haus concept store comes with a high degree of historical and contemporary artistic content.
Luxury