Luxury
The latest news
Cost-cutting at Frasers Group means around 200 HQ jobs at risk
Retail giant Frasers Group wants to cut up to 200 head office jobs, accounting for around 20% of its staff in London and Shirebrook, to reduce costs and streamline operations.
Fashion
Pandora opens new concept store at Braehead Centre
Jewellery retail giant Pandora has upsized its store at the Braehead Centre, Renfrew, on the outskirts of Glasgow.
Luxury
Maison Margiela names Gaetano Sciuto as CEO, Stefano Rosso as president
Sciuto, formerly with Armani and Fendi, will take charge of the OTB-owned label on July 17, replacing Gianfranco Gianangeli, while Renzo Rosso’s son was appointed president in May.
Luxury
Andreas Melbostad launches signature label
Norwegian designer Andreas Melbostad has launched a label under his own name after years spent at a raft of major brands, with the new limited-edition unisex offer available exclusively via his webstore melbostad.com.
Fashion
Chelsea retailers asked to sign tougher leases as neighbourhood booms
Tenants of Cadogan Estates — the landlord controlling vast swathes of London’s Chelsea — are having to sign inflation-linked leases and put down “hefty deposits”, a newspaper report has claimed.
Fashion
Rallye des Princesses Richard Mille 2023 departs from Paris
With a series of gusty roars, a flotilla of classic vintage cars departed from Place Vendôme on Sunday morning in the most empowering race in luxury, the Rallye des Princesses Richard Mille 2023.
Luxury
Knowledge key for Gen Z who'd return less if they knew about carbon impact
We’ve heard a lot about how returns are causing a major problem for retailers in the fashion sector at present, but a new study suggests that better communication about the impact of returns could make a difference.
Fashion
London's Paolina Russo wins Zalando Visionary Award, to show at CFW
A UK-based label has won the first Zalando Visionary Award in partnership with Copenhagen Fashion Week (CFW) with Paolina Russo scooping the prize.
Fashion
Giorgio Armani Mare starts resort and city pop-up tour
As consumers globally get the travel bug again, Giorgio Armani Mare is backing its SS23 offer via a series of pop-ups in “the most important cities and destinations in Europe and Asia”.
Fashion
Laings to open first monobrand showroom with TAG Heuer in Glasgow
Independent luxury jewellers Laings is opening a new TAG Heuer boutique on Glasgow’s Buchanan Street, creating eight jobs to support the growing partnership it has with the brand.
Luxury
Ebay expands authentication program to streetwear
Global commerce platform Ebay has expanded its authentication program to streetwear.
Fashion
Carolina Herrera holds first-ever fashion show outside New York in Rio de Janeiro
Carolina Herrera selected Rio as the first city outside of New York to host a fashion show for the brand. This decision was driven by the city's vibrant energy, infectious optimism, and "joie de vivre".
Luxury
Retail report: The resale market’s current playing field
The pre-owned goods sector is poised for massive growth in the next five years. FashionNetwork.com looks at some of its key players.
Luxury
Colorful Standard sells stake to ABN Amro Sustainable Impact Fund
The Danish ready-to-wear label, known for its colourful, sustainable made-in-Europe collections, has sold a 49% stake in the company to the ABN Amro bank’s investment fund, and has appointed Tommaso Brusò as CEO.
Fashion
Authentic Brands Group buys Hunter's IP, names license partners
Authentic has acquired rain boots specialist Hunter — or to put it more accurately, it has acquired the “intellectual property” of the brand and named two key partners for the UK/Europe and the US.
Fashion
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.
Fashion