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Farfetch revenues leap ahead as 2021 starts with a bang

Farfetch revenues leap ahead as 2021 starts with a bang

Farfetch has reported another big leap forward in terms of gross merchandise value (GMV) and digital platform GMV as it continues benefit from consumers shifting online both generally and due to the pandemic.
Luxury
John Lewis opens revamped Edinburgh store

John Lewis opens revamped Edinburgh store

​John Lewis unveils its revamped Edinburgh store on Friday after a major refurbishment. The focus is on making the store a must-visit destination, with experiences and expertise that can’t be replicated online.
Fashion
Covid dents Burberry sales but bounce-back has begun

Covid dents Burberry sales but bounce-back has begun

​The last year has been a bruising one for many and Burberry’s results for FY21 have illustrated that perfectly, But they also show how it has learned to navigate the pandemic and is bouncing back strongly.
Luxury
Lyst raises new cash, mulls IPO - report

Lyst raises new cash, mulls IPO - report

Lyst, the London-based upscale fashion search-to-retail platform, is reportedly mulling an IPO, having raised $85 million from a variety of investors.
Fashion
Selfridges gets licence to host weddings

Selfridges gets licence to host weddings

​After a year in which weddings were cancelled across Britain, they're back on the agenda, so with supreme good timing, Selfridges has just been granted a licence to host the ceremonies and receptions.
Luxury
French Federation planning live Paris menswear shows this summer

French Federation planning live Paris menswear shows this summer

The Federation de la Haute Couture et de la Mode confirmed Friday that it is planning to host live catwalk shows in Paris this summer, during the upcoming menswear season in June.
Fashion
Billie Eilish and Timothee Chalamet among young Met Gala co-chairs

Billie Eilish and Timothee Chalamet among young Met Gala co-chairs

New York's star-studded Met Gala will focus on youth and diversity this year, with four co-chairs under the age of 30 -- actor Timothee Chalamet, poet Amanda Gorman, singer Billie Eilish and tennis player Naomi Osaka.
Luxury
Keeping it real: appraisers sift China second-hand luxury market for fakes

Keeping it real: appraisers sift China second-hand luxury market for fakes

It's the world's biggest market for luxury goods -- and their counterfeits -- so an expert eye for telling a bona fide Chanel handbag from a bogus one is a skill set in hot demand across China.
Luxury
Hermès unveils new Beijing flagship

Hermès unveils new Beijing flagship

​Ultra-luxe label Hermès has unveiled a newly transformed flagship in Beijing's China World Trade Centre. It covers two floors and more than 900 sqm with an “eye-catching façade that beckons from afar”.
Luxury
Margot Robbie is the new face of Chanel’s J12 watch

Margot Robbie is the new face of Chanel’s J12 watch

Australian actress Margot Robbie is the new face of Chanel’s J12 watch campaign.
Luxury
Luxury: Multibrand e-tailers the winning proposition

Luxury: Multibrand e-tailers the winning proposition

Covid-19 has boosted e-tail, especially for multibrand sites and leading luxury labels, according to a study by Bernstein for Altagamma. An evolution that means other labels need to rethink their commercial strategy.
Luxury
Gucci tops Lyst Index again, but Nike and Dior snap at its heels

Gucci tops Lyst Index again, but Nike and Dior snap at its heels

Gucci, Nike and Dior were the hottest names in fashion in Q1 while designer collabs, resale, and consumers getting ready for a return to nromal life also impacted the latest Lyst Index.
Fashion
Hermès opens third store in London's Harrods

Hermès opens third store in London's Harrods

​Hermès has opened an entirely new space inside London’s Harrods, dedicated exclusively to women’s product. The store celebrates the “depth and richness” of its female-focused collections”.
Luxury
World's most valuable apparel brands: Nike, Gucci top again, ASOS and Boohoo are buoyant

World's most valuable apparel brands: Nike, Gucci top again, ASOS and Boohoo are buoyant

Nike has once again claimed the title of the world’s most valuable apparel brand. It’s the seventh year in a row that it has taken top spot in the annual Brand Finance ranking.
Fashion
Hermès buoyant in Q1 as Asia, US and online soar

Hermès buoyant in Q1 as Asia, US and online soar

​Hermès had a good first quarter as all of its business lines returned to growth and the company said it saw "a remarkable increase" in ready-to-wear and accessories, as well as watches and other categories. 
Luxury
Gucci rebound drives Kering's sales up 26% in Q1

Gucci rebound drives Kering's sales up 26% in Q1

Sales at Kering rose by 26% in the first quarter of 2021, led by a strong rebound for its star label Gucci, with growth in Asia and the United States more than offsetting new coronavirus lockdowns in much of Europe.
Luxury