The catwalks are humming and buyers are still trawling the stands at London Fashion Week, but behind the scenes luxury clothing retailers are considering the knock-on effects of a global financial crisis.
How do you take a 155-year-old raincoat maker with a staid image and transform it into a global luxury fashion and retail force? The answer, according Aquascutum President and CEO Kim Winser, is to market the heritage...
British fashion retailer Jaeger followed the success of its first show in February with an airy display of colour and a hint of vintage in its Spring/Summer 2009 collection at London Fashion Week on Monday.
Fashion favourite Luella Bartley dazzled audiences with jarring, psychedelic colours, while London's Jaeger presented a collection that mixed fitted with floaty pieces on Monday at London Fashion Week.
Luxury goods group Richemont said it was well positioned to cope with the economic downturn as the rich still spent lavishly, but a softening in the United States weighed on its stock. By 0826 GMT (9:26 a.m.
Richemont, the world's second-biggest luxury goods group, recorded Friday, november 16th a 28 percent increase in net profit for the first half of the financial year, up to 824 million euros (1.201 billion dollars).