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Ralph Lauren to cut workforce and focus on online sales

Ralph Lauren to cut workforce and focus on online sales

Ralph Lauren Corp said on Tuesday it would cut global workforce by the end of its fiscal year as part of a company-wide restructuring to focus more on online sales.
Luxury
French presidential palace requested LVMH letter - sources

French presidential palace requested LVMH letter - sources

France's presidential palace asked Foreign Minister Jean-Yves Le Drian to send luxury goods company LVMH a letter advising it to defer its acquisition of U.S. jeweller Tiffany, two sources said.
Luxury
BFC makes second round of 'Covid grants' to UK designer labels

BFC makes second round of 'Covid grants' to UK designer labels

The British Fashion Council has announced the second round of recipients of the BFC Foundation Fashion Fund, supporting creative fashion businesses and individuals to help them survive the Covid-19 crisis. 
Luxury
Sergio Rossi unveils new Grazie Sergio collection

Sergio Rossi unveils new Grazie Sergio collection

Five months after the Sergio Rossi passed way, the house he founded has unveiled a new archive driven collection of the famed shoemaker’s greatest hits named Grazie Sergio.
Fashion
Mr Porter spotlights Italian designers in latest edit

Mr Porter spotlights Italian designers in latest edit

Mr Porter has launched Italian Masters, a curated selection of exclusive capsule collections designed by 25 Italian menswear brands.
Luxury
Canada Goose to open first German store in Berlin

Canada Goose to open first German store in Berlin

The outerwear brand is set to open its first flagship store in Germany in Berlin in November. The new outpost will be the fourth for the brand in Europe, joining spaces in London, Milan and Paris.
Luxury
Hugo Boss comms chief exits, promotes Westermann

Hugo Boss comms chief exits, promotes Westermann

​Hugo Boss has announced the imminent departure of its long-standing Head of Corporate Communications, Dr Hjördis Kettenbach. She’ll be replaced by internal candidate Carolin Westermann.
Luxury
UK footfall stays weak, Central London still down more than half

UK footfall stays weak, Central London still down more than half

​Visitor traffic to retail destinations rose in the latest week, up 2.4% compared to the week before. But that wasn't the good news it might have been as the previous week had seen a footfall drop of 6.3%. 
Fashion
Wax London opens first shop with Carnaby debut

Wax London opens first shop with Carnaby debut

Contemporary menswear label Wax London has opened its first ever permanent physical shop with a debut at 13 Newburgh Street, just off Carnaby Street in Soho’s Newburgh Quarter.
Fashion
J.Crew shuts UK stores, opts for online focus

J.Crew shuts UK stores, opts for online focus

J.Crew is closing all six of its UK locations, including the massive flagship on Regent Street, calling in liquidators to its British operation and will serve the British market via its global webstore.
Fashion
Saks hires premiere VP of diversity and inclusion

Saks hires premiere VP of diversity and inclusion

Hudson's Bay Company subsidiary Saks Fifth Avenue has named Lori Spicer Robertson as its first VP of diversity and inclusion.
Fashion
Delaware judge fast-tracks Tiffany's case on $16 billion LVMH deal, setting January trial

Delaware judge fast-tracks Tiffany's case on $16 billion LVMH deal, setting January trial

A Delaware Chancery Court justice on Monday agreed to fast-track Tiffany & Co's lawsuit against French luxury goods conglomerate LVMH for trying to back out of its $16 billion deal to acquire the U.S. jeweler.
Luxury
Mytheresa's e-commerce revenues jump 20%

Mytheresa's e-commerce revenues jump 20%

The German luxury retailer has reported annual revenues of 450 million euros, up from 377 million euros in the previous year, growth driven by a 20% rise in the company's e-commerce sales. 
Fashion
Emmys style: gowns, pajamas and... hazmat tuxedos

Emmys style: gowns, pajamas and... hazmat tuxedos

The Emmys on Sunday basically turned into the world's most glamorous Zoom call, with Hollywood A-listers beaming into an empty Staples Center in Los Angeles from their locations in 10 countries.
Luxury
London Fashion Week: Day Five, from Emma Hamilton to Frantz Fanon

London Fashion Week: Day Five, from Emma Hamilton to Frantz Fanon

“Limitations can be liberating. Working remotely for this collection we reacted spontaneously. We were instinctive,” opined Victoria Beckham, perched on a massive patchwork quilt sofa inside a London art gallery. 
Fashion
Zalando launches pre-owned in two markets, more to come next month

Zalando launches pre-owned in two markets, more to come next month

​Zalando shoppers in Germany and Spain can now buy and trade-in pre-owned fashion directly on the platform with Belgium, France, the Netherlands and Poland to follow next month, the company said on Monday.
Fashion