The latest news
Edward Enninful to exit British Vogue, taking on global advisory role
And another one bites the dust. Edward Enninful is to exit British Vogue the magazine has made known, making him the latest editor-in-chief of a Vogue in the past several years to exit their position.
Stella McCartney adds more new materials, makes first bag from banana plants
As interest in leather alternatives and other eco-friendly materials for accessories grows, Stella McCartney has launched its first-ever bag made from banana plants as part of its autumn 2023 collection.
ASOS, Fashion Minority Report launch incubator for ethnic minority-owned brands
ASOS and Fashion Minority Report (FMR) have joined forces to launch an inaugural incubator programme "to help bridge the gap between the industry and ethnic minority-owned brands – who continue to face barriers".
Farfetch names new Off-White CEO, New Guards chair as founders depart
Farfetch announced on Thursday that Cristiano Fagnani has been appointed to the role of CEO of Off-White, while remaining in charge of New Guard Group's Reebok business as CEO of NGG++.
Sources say LVMH chief Bernard Arnault to visit China in June
LVHM chief Bernard Arnault is set to visit China, two sources told Reuters on Thursday, as European luxury goods makers closely track the pace of recovery of the key market following three years of COVID disruptions.
Luxury circular club More launched as "savvier" way to own luxury
A timeshare for luxury goods? Sort of. It’s called More, and its model is based on co-ownership of personal luxury goods. It's positioned as “the world’s first Circular Luxury Club”.
Prada group names Francesca Secondari as Group General Counsel, Chief Legal Officer
The Prada group has announced it has appointed Francesca Secondari as Group General Counsel and Chief Legal Officer. In her role, she will be in charge of corporate legal affairs and compliance for the group.
LVMH’s Métiers d’Art division buys majority stake in Italian leather specialist Nuti Ivo
LVMH has recently acquired a majority stake in Italian leather specialist Nuti Ivo S.p.A, which has now become part of the world's number-one luxury group's Métiers d’Art division.
Appeal of quiet luxury trend confirmed by JOOR wholesale data
The quiet luxury trend has been making a big impact this year, despite some scepticism about its durability, but wholesale data appears to show it’s being backed by retail buyers.
YMC announces death of co-founder
YMC — the London-based independent retail brand whose initials stand for You Must Create — has announced the death of its co-founder Fraser Moss. The company said Moss died on 27 May.
Sneaker marketplace Laced raises new funding
Laced — the British sneaker marketplace — is aiming to make access to in-demand products fairer and has raised £10 million/€11.2 million to help it do that.
Physical stores boom, but don't neglect omnichannel says retail think tank
The members of the KPMG/Ipsos Retail Think Tank (RTT) have been looking at the retail market again and are questioning whether an online-only model is still viable.
UK consumers are festival-focused, fashion is key says eBay research
As festival season gets under way in the UK, new research shows that consumers are more focused on festivals this year than on holidays, and this is a key development for the fashion sector.
Cavalli kicks off summer collection tour with Selfridges show and pop-up
There are special collections and really special collections and the latest from Roberto Cavalli, that’s set to make waves at Selfridges, is undeniably one of the latter.
Nordstrom delivers surprise profit as inventory woes ease
Nordstrom Inc posted a surprise first-quarter profit on Wednesday as better inventory control and demand from wealthy shoppers helped the company defy an inflation-driven slump in retail spending.
Michael Kors owner Capri cuts revenue forecast as US demand wavers
Michael Kors parent Capri Holdings Ltd on Wednesday cut its annual sales forecast as demand for its handbags and shoes weakens in the United States, sending its shares down nearly 9% in early trading.