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Balenciaga makes historic show on Wall Street in New York

Balenciaga makes historic show on Wall Street in New York

Designer Demna reimagined the excess and greed associated with the Big Apple in the eighties. 
Luxury
Louis Vuitton and Nike Air Force 1 present new exhibition

Louis Vuitton and Nike Air Force 1 present new exhibition

Louis Vuitton and streetwear brand Nike are presenting an exhibition in honor of Virgil Abloh’s take on the Nike Air Force 1 sneaker from May 20 to 31 in New York City. 
Luxury
Mercedes-Benz joins the Aura Blockchain Consortium

Mercedes-Benz joins the Aura Blockchain Consortium

The German group is the fifth founding member, and the only car manufacturer, to join the global blockchain platform dedicated to the luxury industry, formed by heavyweights LVMH, Prada, Cartier and the OTB Group.
Luxury
It's bad: UK consumer confidence falls to its lowest since 1974

It's bad: UK consumer confidence falls to its lowest since 1974

​UK consumer confidence tumbled again in May — this time to its lowest level in almost 50 years — after the cost-of-living crisis deepened and concerns over the economy and personal finances grew.
Fashion
Adidas x Gucci and the $1,600 umbrella that's being ridiculed in China

Adidas x Gucci and the $1,600 umbrella that's being ridiculed in China

After going viral in a matter of hours, the much anticipated collaboration between Adidas and Gucci is a hot topic right now in China, but not necessarily for the right reasons.
Luxury
Kim Jones and Eli Russell Linnetz: A perfect match for Dior Men's 2023 capsule

Kim Jones and Eli Russell Linnetz: A perfect match for Dior Men's 2023 capsule

Kim Jones, artistic director of the Dior house, chose Los Angeles and the Venice district to present his 2023 capsule collection, produced in collaboration with Californian designer Eli Russell Linnetz.
Luxury
ONS says UK retail sales moved up in April, fashion did well

ONS says UK retail sales moved up in April, fashion did well

​Official retail sales figures for the UK in April were released on Friday and they showed volumes ticking upwards again after they’d fallen during March.
Fashion
Klarna to mark 150m consumers milestone with global Dream Days sales event

Klarna to mark 150m consumers milestone with global Dream Days sales event

​BNPL giant Klarna has been growing fast and clearly wants to grow even faster with the payments firm about to launch a three-day event targeting its many millions of consumers around the world.
Fashion
Good news for cycling apparel as consumers continue to embrace bikes

Good news for cycling apparel as consumers continue to embrace bikes

​There was good news for the growing UK cycling clothing and accessories market on Friday with a new Mintel report showing that Britons are continuing to switch on to cycling in large numbers.
Fashion
Hugo Boss COO to leave this month

Hugo Boss COO to leave this month

Hugo Boss has announced that its chief operating officer Heiko Schäfer is to leave the managing board of the business on May 31, “to pursue a new professional assignment outside the group”.
Luxury
Richemont strong as fashion ops improve, but delayed YNAP deal dents share price

Richemont strong as fashion ops improve, but delayed YNAP deal dents share price

Richemont's year to 31 March saw a “strong performance”, with a “step change in sales and operating profit”. Its fashion ops improved, but the share price fell as a deal to sell a YNAP stake to Farfetch is not agreed.
Luxury
Mytheresa.com celebrates growth in the American market alongside Loro Piana

Mytheresa.com celebrates growth in the American market alongside Loro Piana

The global luxury online retailer this week celebrated its long partnership with Loro Piana, and its excellent form in the American market, a territory where the brand has recorded strong growth. 
Luxury
Pakistan bans import of luxury items to boost economy

Pakistan bans import of luxury items to boost economy

Pakistan's new government on Thursday said it would ban the import of over 30 luxury items including cars and fruit jams in an austerity move to help boost the country's faltering economy.
Luxury
London leasing boom sees GPE return to profit

London leasing boom sees GPE return to profit

Yet more strong numbers from the commercial property sector on Thursday. Major London landlord Great Portland Estates joined its peers British Land and Landsec this week in delivering an upbeat performance for the year.
Fashion
Burberry raises prices, says China recovery is key, bans exotic skins

Burberry raises prices, says China recovery is key, bans exotic skins

​Burberry’s new CEO looks like he won’t be deviating too much from his predecessor’s luxury strategy and if anything, he’s likely to take the label even further upmarket, while also focusing on its British heritage.
Luxury
URW rolls out Westfield brand to trio of European flagship locations

URW rolls out Westfield brand to trio of European flagship locations

​Malls giant Unibail-Rodamco-Westfield (URW) is continuing to roll out its Westfield brand to more locations and has announced that it’s rebranding three flagship centres under that name.
Fashion