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Luxury watch sales at auctions drop 13% after post-Covid surge
Sales of luxury watches suffered a “severe downturn” last year as well-heeled buyers turned cautious amid geopoli
Luxury
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
900 luxury watches 'go missing' in Japan
Around 900 luxury watches worth almost $13 million are missing in Japan after a site renting them out folded and its owner fled to Dubai, local media reported.
Luxury
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
Hugo Boss has record 2023, sees more growth ahead despite tough backdrop
Hugo Boss’s results report on Thursday showed just how strong the German high-end fashion giant is, with 2023 being a record year for the business and further improvements predicted for FY24.
Fashion
Ferragamo sales improve in February after weak start to year
Sales at Salvatore Ferragamo continued to weaken year-on-year in January after dragging operating profit down 44% profit in 2023, but stabilised in February, the chief executive of the Italian luxury goods group said.
Luxury
Louis Vuitton closes Paris Fashion Week by going into orbit
Bernard Arnault, the patron of Louis Vuitton, loves a big show, and he got an immense one Tuesday night as designer Nicolas Ghesquière closed out the official Paris runway season with a mammoth display before 4,000.
Luxury
Miu Miu: Classic has rarely looked better
It’s hard to underestimate the importance in fashion of Miuccia Prada, who stages Prada power shows for men and women in Milan four times year, and bookends the Paris women’s wear season with Miu Miu.
Luxury
Monday in Paris: Pierre Cardin and Coperni
On the 8th day of Paris Fashion Week Fall/Winter 2024, French brand Pierre Cardin took his signature space-girls underwater, while the duo behind Coperni made theirs trace a pathway to the stardust.
Luxury
Paris on Monday looks East with Sacai and Rokh
One looked east on Monday in Paris with two powerful statements by much-admired brands Sacai and Rokh, one by Chitose Abe of Japan, the other by Rok Hwang from Korea.
Luxury
Paris: Valentino and Akris in reflective moods
A brisk, breezy Sunday saw thousands of fans crowd around the entrance to shows by two of the classiest brands in fashion, Valentino and Akris, where dark reflection was the unifying theme.
Luxury
Balenciaga: From Alpine beauty to nomadic cyber punk
Now that’s what we call a great fashion show. A dramatic reworking of Balenciaga’s canon in the thoroughly modern collection staged inside a truly stunning set.
Luxury
Paris Fashion Saturday: Vivienne Westwood, Hermès and Elie Saab
In a day of teaming rain, protests marches and traffic, Paris witnessed three shows by designers determined to think out of the box when it came to their brand’s DNA - Vivienne Westwood, Hermès and Elie Saab.
Luxury
Sean McGirr debuts experimentally at Alexander McQueen
Alexander McQueen once staged a show in a garbage incinerator plant along the Thames. Sean McGirr staged his impressive debut for the house on Saturday night inside a scruffy former railway depot in Paris’ Chinatown.
Luxury
Friday in Paris: Yohji Yamamoto, Victoria Beckham and Vêtements
Cubist cool in City Hall with Yohji Yamamoto; Picasso and PETA at Victoria Beckham; Cher and confusion at Vêtements, in a jam-packed day of shows in Paris Fashion Week on Friday
Fashion
Paris Fashion Week: Schiaparelli and Chloé
Paris Fashion Week’s main action on Thursday began and ended with two historic marques, Chloé and Schiaparelli, strutting their stuff with brio, the first with a debut, the second with fresh impetus.
Fashion