A new filing by Matches' administrators shows there’s been plenty of interest in buying it but that even if it was sold as a going concern, any new owner would have to deal with its severely dented reputation.

Kering SA warned that profit will plunge in the first half of the year after wealthy shoppers curbed spending on Gucci products.

​After news that the FTC in the US wants to block Tapestry’s takeover of Capri Holdings on competition grounds, both companies have issued statements defending their plans.

​Middle Eastern and Chinese investors are reportedly eyeing a Selfridges stake as Thailand-based Central Group continues to seek an owner-partner to replace failed co-owner Signa.

For once, Bernard Arnault, CEO of the world's number one luxury goods group, and his teams emphasised the group's social approach at its Annual General Meeting in Paris on Thursday morning.

Monthly Swiss watch exports suffered their biggest decline since 2020 as demand for premium and luxury timepieces in key markets including China and Hong Kong plunged.

As a further measure of Berry’s Jewellers’ ongoing success, the Yorkshire-based luxury jeweller has opened a large monobrand boutique for Swiss luxury watchmaker Breitling in Leeds.

​Valentino has formed a new cultural partnership and has been announced as the sponsor of the International Booker Prize 2024 ceremony.

​Harvey Nichols has faced tough conditions in recent years but it’s now hoping for better times ahead with the announcement of a new CEO from one of luxury's major labels.

Swiss watchmakers are increasingly turning their sights towards India thanks to a new free trade agreement that is due to gradually open the doors for luxury timepiece exports.

​Valentino has opened the doors of a major new flagship on upscale Sloane Street in London, which it said continues the label’s “evolution towards a more intimate, design-led retail dimension”.

The 2024 Geneva watch fair opened on Tuesday amid slower demand in China for fancy Swiss timepieces and timid consumer spending across the board on luxury items.

Yorkshire-based luxury jeweller Berry’s Jewellers has continued its three-year run of positive trading.

The head of Rolex SA said viewing luxury watches as investments is dangerous following a surge in interest from speculators during the pandemic.

Inditex’s Zara continues its UK upsizing programme with the Bullring & Grand Central shopping destination now hosting a significant new flagship for the Spanish fashion brand.

As top brands like Gucci and Prada prepare to report billions in sales this month, luxury fakes on the streets of Naples are also yielding a jaw-dropping cash stream -- for the mafia.