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Puig ends 2020 with loss of 72 million euros, 24% pandemic-related reduction in sales

Puig ends 2020 with loss of 72 million euros, 24% pandemic-related reduction in sales

Due to the impact of the Covid-19 pandemic, 2020 was the worst year in the Barcelona-based fashion and fragrance company's history.
Fashion
Luxury: Multibrand e-tailers the winning proposition

Luxury: Multibrand e-tailers the winning proposition

Covid-19 has boosted e-tail, especially for multibrand sites and leading luxury labels, according to a study by Bernstein for Altagamma. An evolution that means other labels need to rethink their commercial strategy.
Luxury
Fashion designer Alber Elbaz buried in Israel

Fashion designer Alber Elbaz buried in Israel

Alber Elbaz, the renowned fashion designer credited with giving classic tailoring a more playful edge, was buried in Israel on Wednesday following his weekend death in Paris aged 59 after a battle with Covid-19.
Luxury
Saint Laurent women winter 2021: Frozen tundra chic

Saint Laurent women winter 2021: Frozen tundra chic

Got to hand it to Anthony Vaccarello, the designer of Saint Laurent, he is not afraid to take a position, as his new frozen tundra show video for his winter 2021 collection trumpeted on Wednesday.
Luxury
Kenzo poised to appoint Charaf Tajer of Casablanca as new designer, sources say

Kenzo poised to appoint Charaf Tajer of Casablanca as new designer, sources say

The house of Kenzo is poised to appoint Charaf Tajer of Casablanca to be its new designer, according to sources in Paris.
Luxury
Grosvenor results dented as property values plunged, retail losses grew

Grosvenor results dented as property values plunged, retail losses grew

As expected, a poor performance from its retail operations hit the Grosvenor Group in its latest trading year as the pandemic caused the high-end property business to swing to its first loss since the financial crisis.
Fashion
LVMH Prize 2021 names nine finalists, three of them American

LVMH Prize 2021 names nine finalists, three of them American

The LVMH Prize 2021 has named its finalists - Bianca Saunders, Charles de Vilmorin, Christopher John Rogers, Conner Ives, Colm Dillane, Kika Vargas, Lukhanyo Mdingi, Nensi Dojaka and Rui Zhou. Three of them are American.
Luxury
Gucci tops Lyst Index again, but Nike and Dior snap at its heels

Gucci tops Lyst Index again, but Nike and Dior snap at its heels

Gucci, Nike and Dior were the hottest names in fashion in Q1 while designer collabs, resale, and consumers getting ready for a return to nromal life also impacted the latest Lyst Index.
Fashion
Mulberry upbeat on profits despite year of lockdowns

Mulberry upbeat on profits despite year of lockdowns

​Mulberry's trading update has revealed that — unlike many companies in the wake of lockdowns in the last year — it will report “a small underlying profit before tax” for the 12 months to the end of last month (FY21).
Fashion
Australian Fashion Week announces full schedule

Australian Fashion Week announces full schedule

Afterpay Australian Fashion Week (AAFW), previously known as Mercedes-Benz Fashion Week Australia, announced on Tuesday the final schedule of events and programming. 
Fashion
Podcast: Alexandre Vauthier, or the artist’s dedication

Podcast: Alexandre Vauthier, or the artist’s dedication

The French designer talks to Godfrey Deeny about a career in the course of which he has dressed many celebrities. In this French-language podcast, Vauthier traces the bold journey of his label’s creation.
Luxury
Gucci, Facebook file joint lawsuit against alleged counterfeiter

Gucci, Facebook file joint lawsuit against alleged counterfeiter

Gucci and Facebook have filed a joint lawsuit in California against an individual who allegedly used the U.S. group's social media platforms to sell fake Gucci products, the two companies said on Tuesday.
Luxury
Will Smith launches Bel-Air Athletics in Selfridges

Will Smith launches Bel-Air Athletics in Selfridges

Will Smith has launched his Bel-Air Athletics label in the UK via Selfridges. And he's signed up the London Lions basketball team to model the collection.
Fashion
Isabel Manns and Taylor Yates open Marylebone pop-up

Isabel Manns and Taylor Yates open Marylebone pop-up

British womenswear designer Isabel Manns and bag brand Taylor Yates have launched a joint pop-up shop at 96 Marylebone High Street with a focus on sustainability and 'giving back'.
Fashion
Frasers opens upgraded Cruise luxury store in Glasgow

Frasers opens upgraded Cruise luxury store in Glasgow

​Frasers Group continues to be one of the most active UK retailers in terms of new store openings and on Monday – as Scottish non-essential stores were allowed to reopen – it unveiled its newly refurbished Cruise store.
Fashion
Concept store Terminal 27 opens in Los Angeles

Concept store Terminal 27 opens in Los Angeles

A new concept store has arrived in Los Angeles offering the community a curated range of products to shop, as well as a creative workshop for pop-ups and rotating exhibits. 
Fashion