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Richemont sales edge up, but fashion struggles while jewellery surges

Richemont sales edge up, but fashion struggles while jewellery surges

​Richemont’s third quarter — the all-important three months to the end of December — saw sales rising only 1%, although currency-neutral, they were up a healthier 5%, despite the “continuously volatile environment”.
Fashion
Highsnobiety announces 'Not in Paris II' digital exhibition

Highsnobiety announces 'Not in Paris II' digital exhibition

The exhibition's program features projects and exclusive content from fashion contributors including Dior, Bottega Veneta, Hermès, Fenty and Rick Owens, among other luxury and independent brands. 
Fashion
Vogue to release new Kamala Harris cover after controversy

Vogue to release new Kamala Harris cover after controversy

Vogue will publish a limited edition of its latest issue featuring a different photo of Vice-President-elect Kamala Harris after the original cover image sparked controversy, the magazine said Tuesday.
Fashion
Ebay appoints Charis Márquez as VP of fashion

Ebay appoints Charis Márquez as VP of fashion

The American e-commerce giant has appointed the Levi Strauss alum to the newly created role of vice president of fashion, effective immediately.
Fashion
India plans foreign investment rule changes that could hit Amazon

India plans foreign investment rule changes that could hit Amazon

India is considering revising its foreign investment rules for e-commerce, three sources and a government spokesman told Reuters, a move that could compel players, including Amazon.
Fashion
Paris menswear season opens with a Berluti teaser

Paris menswear season opens with a Berluti teaser

It says a great deal about the current Covid confusion in fashion weeks when the Paris menswear season for fall 2021, the biggest annual series of menswear collections in the world, began on Tuesday with a teaser.
Fashion
Sweaty Betty's pre-pandemic results are strong

Sweaty Betty's pre-pandemic results are strong

​Sweaty Betty has filed a strong set of results for its latest financial year - 2019 - and also said it continued to grow in 2020, although it shared few details about its pandemic performance.
Fashion
Hammerson hammered: enforced store closures hit rent collections

Hammerson hammered: enforced store closures hit rent collections

The knock-on effect of the pandemic on its tenants has hit commercial property giant Hammerson - which owns the Bullring among other major malls - pretty hard.
Fashion
Arcadia to shut 31 stores, Outfit chain is axed

Arcadia to shut 31 stores, Outfit chain is axed

More bad news for Arcadia staff came on Tuesday as it emerged that the company’s administrators are closing the 21-store Outfit chain along with 10 other shops.
Fashion
Tmall Global adds extra support for new sellers targeting China

Tmall Global adds extra support for new sellers targeting China

​Alibaba Group’s cross-border business-to-consumer marketplace Tmall Global has increased its support for international brands, unveiling a new suite of solutions at the 2021 Tmall Global New Seller Virtual Summit.
Fashion
Anine Bing launches into sport category

Anine Bing launches into sport category

​Anine Bing, the Danish influencer-turned-fashion-entrepreneur, has this week announced a move into a new category with the launch of Anine Bing Sport.
Fashion
Lockdowns hit Superdry sales again, losses widen, but e-tail is strong

Lockdowns hit Superdry sales again, losses widen, but e-tail is strong

Superdry continued to see falling sales in the first half and lockdowns mean the second half has started the same way, But e-commerce is rising and it remains focused on its long-term full-price strategy.
Fashion
Adolfo Domínguez posts 47% drop in sales, net loss of 15 million euros

Adolfo Domínguez posts 47% drop in sales, net loss of 15 million euros

The Galician company posted sales of 40.5 million euros in the nine-month period ended November 2020, representing a 47.1% decline compared to the same period in the previous year. 
Fashion
Elie Saab skips couture presentation in Paris

Elie Saab skips couture presentation in Paris

Elie Saab has called off his haute couture presentation scheduled for the Paris season next week, as the couturier delays shooting any look-book video in the wake of the crisis in Lebanon. 
Fashion
Amazon to open two new hubs in Italy this year

Amazon to open two new hubs in Italy this year

Amazon will open two new logistics centres in Italy this year, investing over 230 million euros ($278 million), the world's largest online retailer said on Monday.
Fashion
​UK footfall down, but rate slows in second lockdown week - Springboard

​UK footfall down, but rate slows in second lockdown week - Springboard

Footfall across all UK retail destinations last week continued to make tough reading as the ongoing country-wide lockdown still depresses and frustrates in equal measures.
Fashion