Miscellaneous

The latest news

Tod's investor calls for L Catterton to raise buyout offer

Tod's investor calls for L Catterton to raise buyout offer

Tod investor Tabor Asset Management has published an open letter calling for an increase in the price offered by L Catterton to buy 36% of the Italian luxury shoemaker, saying the price of 43 euros per share is unfair.
Luxury
Balenciaga : Friends and family gather in latest campaign

Balenciaga : Friends and family gather in latest campaign

Friends and family gather in latest campaign by the house of Balenciaga, as designer Demna includes his mother Ella; his husband, musician BFRND; and even his former professor Linda Loppa.
Luxury
Paris Fashion Week dominates digital audience, driven by Dior, Louis Vuitton and Saint Laurent shows

Paris Fashion Week dominates digital audience, driven by Dior, Louis Vuitton and Saint Laurent shows

In Paris, Women's Fashion Week, which ran from February 26 to March 5, achieved $425.5 million in terms of Media Impact Value (MIV), according to Launchmetrics. Thanks mainly to Asia and celebrities.
Fashion
Slowear CEO Piero Braga on considered growth and building women’s offerings

Slowear CEO Piero Braga on considered growth and building women’s offerings

As it steadily evolves, the Venice-based brand is introducing the American market to its female-targeted product.
Fashion
Karl Lagerfeld's Paris flat sold for €10 million

Karl Lagerfeld's Paris flat sold for €10 million

The couturier's Paris flat, a futuristic 260-square-metre, three-bedroom with a 50-square-metre dressing room, sold for ten million euros at auction in Paris, according to the notary firm in charge of the sale.
Luxury
Gift cards drive larger spend especially among family-age Millennials - report

Gift cards drive larger spend especially among family-age Millennials - report

​Positive news for gift card retailers. Their purchase encourages shoppers to spend more than their face value and upgrade their presents, according to the Gift Card & Voucher Association (GCVA) and Global Data.
Fashion
Returns dilemma stops one in four shoppers from buying internationally

Returns dilemma stops one in four shoppers from buying internationally

One in four shoppers avoids buying from international retailers due to returns concerns, according to new research, and few UK consumers would be prepared to pay a membership fee for free returns.
Fashion
Versace opens its first palace in Asia, in Macao

Versace opens its first palace in Asia, in Macao

The Milanese label has opened its first Palazzo Versace in Asia in Macao, on the south-east coast of China. A luxury hotel with 271 rooms on 12 floors located within the resort-casino managed by SJM in Cotai.
Fashion
Kylie Jenner's KHY makes physical retail debut with Selfridges launch

Kylie Jenner's KHY makes physical retail debut with Selfridges launch

​Kylie Jenner’s KHY label has struck its first retail partnership deal after five months of selling direct to consumers online, announcing a fortnight link-up with Selfridges.
Fashion
UK retail sales recover slightly in March but April is set to be weak - CBI

UK retail sales recover slightly in March but April is set to be weak - CBI

​UK retail sales have “stabilised” this month after 10 months of decline. That’s the core message of the latest CBI Distributive Trades Survey that showed sales being “broadly flat”.
Fashion
Selfridges finance chief quits after just four months

Selfridges finance chief quits after just four months

Department store group Selfridges is searching for a second new finance chief in just four months. Preetha McCann quit the job earlier this month after taking on the CFO post in early November.
Fashion
Easter footfall set to jump week on week, not so good year on year

Easter footfall set to jump week on week, not so good year on year

It’s likely to be a busy Easter trading period, especially for retail parks. UK-wide footfall across the seven days (25 March-1 April) is expected to rise  6.6% week on week, according to tracking specialist MRI.
Fashion
Valentino will not be showing in June

Valentino will not be showing in June

The Roman fashion house, which has parted company with its creative director Pierpaolo Piccioli has now announced that it will not be showing its men's and couture collections in June.
Luxury
Stockmann formally changes name to Lindex

Stockmann formally changes name to Lindex

​Stockmann Group has been talking about it for some time and now it’s finally happened. The company originally named after its famous Scandinavian department stores business has become Lindex Group.
Fashion
Lucibel develops two new light-driven beauty devices

Lucibel develops two new light-driven beauty devices

Lucibel, the French LED technology company specializing in advanced regenerative skin products, has developed two new path-breaking devices, which they predict will revolutionize skin appearance.
Luxury
Loro Piana refutes accusations of unfairness towards Peruvian suppliers

Loro Piana refutes accusations of unfairness towards Peruvian suppliers

LVMH-owned Loro Piana has refuted allegations of unfairness towards Peru-based vicuña wool suppliers, after a US congressman asked the label to explain its policies following a news report by Bloomberg.
Luxury