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Luxury news and archive

Europe is seeing a boost in tax free shopping

Europe is seeing a boost in tax free shopping with a 726 percent jump in May compared to 2021. As European borders re-opened and travel without quarantine is possible, tax free shopping is rising, despite being 37 percent below 2019 levels. The figures were released in an intelligence report by Planet, a payment solutions company that offers...

17 hours ago

Fashion

Jil Sander to return to co-ed catwalk format for September fashion week

Jil Sander will present its spring summer 2023 collections in a co-ed men's and women's catwalk presentation in September. The OTB-owned brand confirmed the news to WWD. Jil Sander first moved to a co-ed approach in 2017 but in a bid to shine a separate light on its menswear it opted for different calendars and shows. Jil Sander’s co-creative...

18 hours ago

Business

Luxury brands are back to pre-pandemic growth levels, with APAC driving sales

Luxury apparel will recoup its losses from the pandemic this year, according to a new report by Research and Markets. The growth in sales is largely driven by heightened demand in APAC and the Americas. Growth in APAC has been boosted by the rising number of middle class consumers and the shift to domestic purchasing due to international travel...

5 Jul 2022

Fashion

Gucci expands lifestyle range with pet collection

When Gucci unveiled its latest pet collection it was a decidedly broader range than simply clothes for animals. The Italian luxury house has expanded the category with accessories, fashion and homeware, betting its well-heeled customers will be happy to splurge on those they love: their pets. Gucci said it is continuing the narrative of surprise...

5 Jul 2022

Fashion

Rahul Mishra, the first Indian designer to take Paris couture by storm

Rahul Mishra is the first international design talent from India who has shown his haute couture collection in Paris. Championing slow fashion using traditional Indian craftsmanship, Mishra’s latest collection is called The Tree of Life. Achingly slow processes of hand-weaving and hand embroidery give a livelihood to over 1000 artisan in India....

5 Jul 2022

Business

Gucci to begin construction on new Italian production facility

A member of Gucci’s industrial platform, Pigini, is set to begin construction of a new production plant in Italy’s Marche region, covering an area of 10,000 square metres. The new “sustainable” structure will be dedicated to the production of sport and formal shoe uppers for the Gucci brand. According to a release, the facility, which is...

5 Jul 2022

People

France's fashion body Fédération de la Haute Couture Elects Bruno Pavlovsky as president

France’s official fashion body, Fédération de Haute Couture et de la Mode (FHCM), has elected Bruno Pavlosky as president. Pavlosky succeeds Ralph Toledano and was elected by the Federation’s governing board and executive committee. The role of president is a term of four years. The committee is the FHCM's decision-making body, administered by 6...

4 Jul 2022

Fashion

Prada drops second NFT collection

Prada has released its second Timecapsule NFT Collection, a monthly online event where for 24 hours exclusive items are dropped on its website in limited quantities and in selected markets. The collection follows the collaboration with artist Cassius Hirst, which was dropped in early June and sold out, according to Prada. Sustainability Some...

1 Jul 2022

Business

Is Chanel raising its handbag prices again?

Luxury fashion consumers may have to brace themselves for further price hike as brands remain confronted with rising raw material and fuel costs as well as a shortage of both. Chanel increased prices on some of its handbags by 10 percent on its Hong Kong website, according to WWD, however the Paris-based luxury house said it was an error and...

29 Jun 2022

Fashion

Valentino selects Neiman Marcus as exclusive retailer for Escape collection

Luxury label Valentino has announced that it has launched its Valentino Escape 2022 collection through Neiman Marcus, which it has selected as the line’s exclusive brick-and-mortar retailer. In celebration of the launch, the duo hosted an event at Neiman Marcus’ NorthPark location, as part of the department store’s plans to build on its “...

27 Jun 2022

BusinessFeatured

Amazon and Cartier team up in the fight against counterfeit goods

The global fight against counterfeit goods has seen an unimaginable pairing up of businesses, namely Cartier, the French haute jeweller, and online behemoth Amazon. The companies announced two joint lawsuits against a social media influencer and eight other entities for advertising, promoting, and facilitating the sale of counterfeit luxury...

23 Jun 2022

BusinessFeatured

Sustainable goods see decline due to high cost, yet luxury sales grow

With inflation rates at a forty year high as recession predictions swirl around the financial sphere, it would make sense to see a decline in discretionary spending as the cost of gas and daily essentials rise. While Morning Consult did find that consumers cut back on spending from February to March this year—with US apparel registering a one...

23 Jun 2022