Fashion

Although Millennials and Gen Z have had their differences, they have one major thing in common for the luxury industry – they are both making up more and more of luxury brands’ customer bases. Millennials are expected to make up to 50% of…

Burberry revealed that  first-quarter sales dipped 35% in the country which is a vital market for its clothing. Prior to the pandemic, approximately one-third of the global luxury industry was reliant on Chinese spending, both at home and…

According to a Monday report by Bloomberg, luxury fashion brand Tom Ford is in talks with investment bank Goldman Sachs about a company valuation. The potential sale could put the company’s worth at several billion dollars, though as the…

Helen Connolly, who has been at New Look since 2020 as chief commercial officer, will now step into the role. She has previously served as chief executive at women’s clothing brand Bonmarche and as head of buying at Dorothy Perkins. In a…

In 2021, luxury French fashion house Chanel recorded $15.6 billion in sales, according to figures it shared with Business of Fashion. The figure marks a 50% increase over its 2020 sales, and a 23% increase over its 2019 sales. The…

Dear Evan Hansen, the Tony, Grammy, Olivier-Award winning Broadway musical, is partnering with leading digital fashion brand Blueberry Entertainment to launch an innovative metaverse fundraising event this month.  Commencing on May 13,…

Victoria Stapleton, Founder & Creative Director of Brora, wearing a Spring '22 cashmere cardigan  - Image courtesy of Brora CEO Today speaks to Victoria Stapleton, Founder & Creative Director of Brora, about the importance of…

Italian jewellery maker Bulgari is marking the 10th anniversary of its Octo collection with an extraordinary world record. Its latest watch, the Octo Finissimo Ultra, is the thinnest mechanical watch ever created— the eighth occasion on…

Hermes and Cartier were the first brands to announce such moves, shortly followed by Chanel, Kering, and LVMH.  Via a LinkedIn post, French fashion house Chanel said, "Given our increasing concerns about the current situation, the…

Bucherer, which acquired Tourneau and its 30 retail outlets in the US in 2018, has just opened a new Rolex shop, located on Chicago’s Magnificent Mile on North Michigan Avenue, just two blocks away from the previous Rolex boutique. The new…

LVMH, which owns brands from Fendi to Hennessy Cognac and Sephora, said on Thursday that its fourth-quarter sales growth accelerated, hitting €20.02 billion overall. The growth was primarily led by the group’s largest earners, Louis Vuitton…

Study after study shows that younger generations of consumers are more environmentally and socially conscious than their elders. More importantly for brands perhaps, is that their disquiet with the current state of the world colours their…