Hot on the heels of its spin-off as a standalone company, the Saks Off 5th e-commerce business has announced the appointment of former Amazon exec Shivi Shankaran as its new COO.

The American luxury group has announced a series of new initiatives, including the launch of the Tapestry Foundation, the expansion of its corporate responsibility agenda, and the implementation of a $15 minimum wage.

Australia, a country known for punching above its weight in sport, literature, cinema, media, wine and the pursuit of happiness, has tended to underperform when it comes to fashion. One major exception is Zimmermann. 

The fashion group, which has owned 70% of its flagship brand since 1999, has purchased the remaining 30% from Italy's Siny, taking complete control of the business. The value of the transaction was 66.5 million euros. 

​The British Fashion Council has released its annual report for 2020/21 in which it shared some of the achievements of what was one of the most challenging years ever.

​Bally has unveiled the AW21 campaign for its Legacy Continua collection that “pays tribute to 170 years of excellence in design and leather craftsmanship since 1851”.

Men's and women's contemporary fashion brand Theory is set to collaborate with Dutch fashion designer and former Lanvin menswear designer, Lucas Ossendrijver. 

Revenues at Italian luxury down jacket maker Moncler topped analyst expectations in the second quarter helped by easing COVID-19 restrictions, adding to evidence of a sharp rebound in the sector.

Grace Wales Bonner has launched a very novel Vision Songs collab with musical pioneer Laraaji, in the latest design partnership by the very indie UK designer.

​UK consumers are continuing to search for fake luxury brands in large numbers and some have more appeal to label-hungry shoppers than others. In fact, Rolex is the most wanted label for those seeking fakes online.

Italian luxury fashion house Versace inaugurated this month a new boutique in New York City’s SoHo neighborhood. 

The CFDA has unveiled the schedule for this September’s New York Fashion Week, revealing a five-day program of in-person shows and presentations from 91 national and international brands.

LVMH, the world's leading maker of luxury goods, said Monday that sales and profits had bounced back strongly in the first six months of 2021 as demand soared after the pandemic-induced slump last year.

And another Vogue editor-in-chief bites the dust. Emanuele Farneti, the editor-in-chief of Vogue Italia, has announced he is leaving the title after four years at the helm.

​LK Bennett is launching the fashion rental service that was flagged earlier in the year. LK Borrowed, its first monthly subscription rental service, lets shoppers “rent some of our most popular pieces”, it said. 

Selfridges is for sale with a formal auction process about to start. It hasn’t been announced by its owners, the Westons, but a news report said Credit Suisse will be canvassing prospective buyers “imminently”.