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A Common Thread names Bode, Rodarte, Brother Vellies and Rachel Comey among first round of grant recipients

A Common Thread names Bode, Rodarte, Brother Vellies and Rachel Comey among first round of grant recipients

The CFDA and Vogue's Covid-19 relief fund announced that $2.13 million will be distributed to 44 businesses in the fund's first round.
Luxury
Famed Paris store Galeries Lafayette to reopen

Famed Paris store Galeries Lafayette to reopen

Paris's famed Galeries Lafayette department store, which receives some 37 million visitors every year, will reopen this weekend after being shuttered for nearly three months by the coronavirus pandemic, it said Friday.
Luxury
Prada sees 10%+ sales rise in China, but Europe will stay slow

Prada sees 10%+ sales rise in China, but Europe will stay slow

Prada has seen a double-digit increase in comparable sales in China this month, although there's still some way to go before the company can say its China business is back to full health following the lockdown.
Fashion
Nordstrom sales plunge nearly 40% on pandemic-led store closures

Nordstrom sales plunge nearly 40% on pandemic-led store closures

Upscale department store chain Nordstrom Inc on Thursday reported a nearly 40% slump in quarterly sales, as lockdowns to contain the Covid-19 pandemic shut stores.
Luxury
Italy's Intesa Sanpaolo to boost financing for Gucci supply chain

Italy's Intesa Sanpaolo to boost financing for Gucci supply chain

Italy's biggest retail bank Intesa Sanpaolo has signed an accord with Gucci to ease financing for the small businesses that supply the Florentine luxury goods group owned by France's Kering.
Luxury
Farfetch partners with Portuguese universities to develop ultimate chatbot

Farfetch partners with Portuguese universities to develop ultimate chatbot

Farfetch has launched a €2.3m project to create the next generation of chatbots in partnership with Universidade Nova de Lisboa and Instituto Superior Técnico.
Luxury
Harrods Outlet to open in Westfield to thin out clearance sale crowds

Harrods Outlet to open in Westfield to thin out clearance sale crowds

Luxury department store Harrods will open a new Outlet branch in Westfield London for its clearance sale, relieving pressure on its flagship and allowing it to focus on new collections in the Knightsbridge store.
Luxury
Salvatore Ferragamo rehires former CEO Michele Norsa

Salvatore Ferragamo rehires former CEO Michele Norsa

As the Ferragamo family steps down from its executive roles, the Florentine label has appointed Michele Norsa, who led the company from 2006 to 2016, as executive deputy chairman, alongside CEO Micaela le Divelec Lemmi.
Luxury
Dolce & Gabbana on DGfattoincasa; handling the lockdown; and their next runway steps

Dolce & Gabbana on DGfattoincasa; handling the lockdown; and their next runway steps

Few fashion designers have had as much impact in the past three decades as Domenico Dolce and Stefano Gabbana. With FashionNetwork.com the duo discuss DGfattoincasa; handling the lockdown and their next runway steps
Fashion
John Lewis to take reopenings slowly in mid-June, no news on London flagships

John Lewis to take reopenings slowly in mid-June, no news on London flagships

John Lewis has issued official details about its store opening plans and, like retail peer Next, it's planning to take it very cautiously. It's also considering new ideas like virtual queueing and returns drop boxes.
Fashion
Intu plans gradual reopening of shopping centres

Intu plans gradual reopening of shopping centres

Intu has outlined the safety measures it plans to implement across its 14 shopping centres to support the gradual reopening of non-essential retail stores.
Fashion
UK stores to reopen on June 15, but have consumers turned against fast fashion?

UK stores to reopen on June 15, but have consumers turned against fast fashion?

UK ‘non-essential’ stores have a specific date for when they’ll be able to reopen, June 15, if they have safety measures in place. The question is, whether consumers will return or are they now anti-fashion?
Fashion
Marie-Antoinette's travel bag goes for royal ransom

Marie-Antoinette's travel bag goes for royal ransom

A travel bag belonging to the ill-fated French queen Marie-Antoinette sold for more than five times its estimate in an auction of royal memorabilia near her one-time home at the Palace of Versailles.
Luxury
Alessandro Michele calls for reformulation of fashion season; and says Gucci will stage digital show in Milan in July, but not in September

Alessandro Michele calls for reformulation of fashion season; and says Gucci will stage digital show in Milan in July, but not in September

One day after Alessandro Michele, creative director of Gucci, revealed on Instagram that the brand would in future stage only two shows per year, the designer called for a reformulation of the fashion calendar. 
Fashion
Bernard Arnault buys one-quarter stake in fellow French patron Arnaud Lagardère’s holding company

Bernard Arnault buys one-quarter stake in fellow French patron Arnaud Lagardère’s holding company

Bernard Arnault, Europe’s richest man, has acquired a one-quarter stake in Arnaud Lagardère’s holding company, in a move that will be seen as an attempt to support the family of his fellow French billionaire.
Fashion
Gucci’s Alessandro Michele announces, via Instagram, that brand is abandoning official runway season

Gucci’s Alessandro Michele announces, via Instagram, that brand is abandoning official runway season

Gucci’s creative director Alessandro Michele has announced, via Instagram, that the Italian brand will abandon the official runway season, and will instead stage only two shows per year in for the foreseeable future.
Luxury