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Luxury

The latest news

Black Friday UK fears unfounded as shopping discounts continue to hit the mark

Black Friday UK fears unfounded as shopping discounts continue to hit the mark

Well, that was a surprise. After dire warnings about how weak Black Friday might be given consumer nervousness over spending and the World Cup distracting their attention, it actually turned out to be quite an event.
Fashion
Louis Vuitton ups its bet on the Spanish market, opens third store in Madrid

Louis Vuitton ups its bet on the Spanish market, opens third store in Madrid

The French luxury brand, which first landed in Madrid in 1988, has opened a boutique in the Galería Canalejas shopping center in the Spanish city, where other brands such as Cartier and Hermès are also present.
Luxury
Leather goods group Piquadro narrows losses significantly in H1

Leather goods group Piquadro narrows losses significantly in H1

In the first half, Piquadro recorded losses for €0.1 million, an improvement on the €1.4 million loss posted last year, confirming a revenue forecast of €170-175 million, and adjusted EBITDA of €15 million.
Luxury
Elizabeth Taylor's 'lucky charm' Oscar dress found in suitcase in London

Elizabeth Taylor's 'lucky charm' Oscar dress found in suitcase in London

A "lucky charm" Christian Dior dress worn by Elizabeth Taylor on the night she won best actress at the 1961 Oscars is to be sold at auction next month, after being stored in a suitcase in London for over 50 years.
Luxury
Louis Vuitton tests its first home store in Shanghai

Louis Vuitton tests its first home store in Shanghai

Louis Vuitton announced on Friday the opening of a furniture and interior design store in Shanghai, a first for the French luxury brand.
Luxury
Christian Dior takes over Italian leather treatment specialist Art Lab

Christian Dior takes over Italian leather treatment specialist Art Lab

The LVMH luxury group’s star label is strengthening its manufacturing capabilities, having reportedly acquired Tuscan company Art Lab, specialised in digital printing and special treatments on leather.
Luxury
EY UK Future Consumer Index: shoppers cut back spending for Christmas

EY UK Future Consumer Index: shoppers cut back spending for Christmas

​Consumer intentions are always closely watched at this time of year and in 2022 even more so as studies come thick and fast informing us that shoppers will be reining-in their spending.
Fashion
Carlos Crespo exits Inditex after 20 years with the company

Carlos Crespo exits Inditex after 20 years with the company

The chief operating officer and head of sustainable and digital transformation, as well as former CEO of the group between 2019 and 2021, will be leaving Inditex at the end of this year.
Luxury
Palm Angels launches first fine jewellery collection

Palm Angels launches first fine jewellery collection

The Italian luxury streetwear label has unveiled a fine jewellery line consisting of four unique pieces, made by London jeweller Duffy and sold exclusively at the label's newly opened Los Angeles pop-up store.
Luxury
Frasers Group is new Gieves & Hawkes owner

Frasers Group is new Gieves & Hawkes owner

​Frasers Group has emerged as the winner in the race to buy upscale tailor Gieves & Hawkes, as expected. A purchase price hasn’t been disclosed.
Fashion
Kaia Gerber stars in new Alexander McQueen 'Slash bag' campaign

Kaia Gerber stars in new Alexander McQueen 'Slash bag' campaign

British fashion brand Alexander McQueen has introduced the 'Slash bag' in a new campaign starring Kaia Gerber. 
Luxury
Luxury: wealthy customers ready to spend more in 2023

Luxury: wealthy customers ready to spend more in 2023

Nearly 65% of the world's most wealthiest consumers intend to increase their luxury spending in 2023, especially for fashion in ready-to-wear and leather goods, according to a study by Kantar Insights and Altiant.
Luxury
Genuinely-loved jewels: Missoma's founder Marisa Hordern on "authentic relationships" as key to success

Genuinely-loved jewels: Missoma's founder Marisa Hordern on "authentic relationships" as key to success

Jewelry brand Missoma's founder Marisa Hordern gives insight on how building genuine relationships with brand ambassadors and VIP clients helped grow her brand into one of the UK's fastest-growing private companies.
Fashion
Caviar Kaspia launches into fashion, reveals new skis and debuts in Saint Moritz

Caviar Kaspia launches into fashion, reveals new skis and debuts in Saint Moritz

The latest fashionable restaurant to reinvent itself as a fashionable fashion destination is Caviar Kaspia, which has just launched a signature cashmere knitwear collection, and debuted couture-worthy alpine skis.
Luxury
Prada Group CEO Lorenzo Bertelli says wages need to rise to avoid popular discontent

Prada Group CEO Lorenzo Bertelli says wages need to rise to avoid popular discontent

The luxury group's CEO has warned against falling living standards among workers, whose purchasing power has been eroded by inflation’s recent spike, and asked the Italian government for economy-boosting measures.
Luxury
Oxford Street footfall dropped more than UK average last month - report

Oxford Street footfall dropped more than UK average last month - report

​London’s Oxford Street is having a tough time since the pandemic ended. The UK capital’s major retail thoroughfare saw footfall dip by 37% month-on-month in October, hit harder than the overall decline across the UK.
Fashion