Latest Articles in News

The 2025 luxury market outlook

As we approach 2025, the luxury market faces significant challenges that could reshape its trajectory. A mix of economic, political, and consumer-driven factors are likely to influence demand, innovation, and growth in this highly competitive sector. Market uncertainty The global luxury industry is navigating a period of considerable economic...

Business

LVMH invests in experiential luxury with 50m euro villa in Cannes

The world's largest luxury goods conglomerate has made a strategic move into premium real estate on the French Riviera, underscoring a broader trend of high-end brands investing in experiential marketing assets. LVMH has acquired a historic 12-bedroom villa in Cannes for 46.5 million euros, according to Bloomberg, in what represents one of the...

Retail

Clothing markets and stalls among fastest-growing industries

As British consumers navigate their Christmas shopping lists this season, new data suggests a shift in clothing retail dynamics across the UK's high streets. Analysis by payment solutions provider SumUp, drawing on Office for National Statistics data, reveals an unexpected transformation in consumer shopping patterns over the past five years....

BusinessFeatured

Boohoo shareholders deny Frasers’ board pursuit: Is the end in sight for the boardroom battle?

Shareholders of Boohoo Group have voted against the appointment of Frasers Group founder Mike Ashley and its proposed director, Mike Lennon, to the fast fashion giant’s board of directors. The decision was made during a general meeting requisitioned by Frasers, which had carried out a campaign to gain representation amid declining sales at...

Fashion Featured

Calvin Klein returns to New York Fashion Week under new creative vision

After a hiatus of nearly seven years, Calvin Klein is making a highly anticipated return to New York Fashion Week. The PHV-operated brand will show its first runway collection under new creative director Veronica Leoni. The last collection it showed was under Raf Simons in September 2018. “This debut represents a new era of innovation and...

Fashion Featured

Levi’s defends iconic tab trademark in legal battle with Philipp Plein

Levi Strauss & Co., the denim giant, has long safeguarded its trademarks with the fervour of a company that understands the vital role of intellectual property in fashion. Now, the company has launched a case against Philipp Plein, alleging that the designer's use of a tab on garments infringes on Levi’s iconic and trademarked label, which has...

Business

The Body Shop ‘back for good’ as profits reportedly rise

The new owners of The Body Shop have said that the once flailing cosmetics retailer was “back for good” as it reportedly garnered a profit over its initial three months under new leadership. The company was bought out of administration in September by an investor consortium led by Mike Jatania’s Aurea Group, which has since been leading the...

Business

N Brown receives FCA approval to go private

N Brown has received watchdog approval in its pursuit of becoming a private company through a proposed acquisition by Bidco, a newly formed company owned and controlled by Joshua Alliance, a non-executive director of the British fashion group. The takeover has been given backing by the Financial Conduct Authority (FCA), allowing for proceedings...

Fashion

Kering Eyewear becomes subject of Havard case study

Kering Eyewear, the optical subsidiary of the luxury fashion giant, has become a case study at the prestigious Harvard Business School, ending its 10th anniversary on a high note. The story of Kering Eyewear has been written out by members of the company’s team as well as faculty from the school, with the intention to provide both Harvard...

Retail

Industry insiders give their reaction to latest ONS figures

British clothing and footwear retailers suffered their sharpest year-on-year decline since January 2022, with sales falling 2.6 per cent in November, marking the second consecutive monthly decrease. The Office for National Statistics' (ONS) latest retail monitor, which concluded on November 23, captured only a partial picture of consumer...

Business

Strikes and blockades at Amazon sites in the US and Germany

New York - On Thursday, a strike at several US and German sites of the American online retail giant Amazon began just a few days before the end-of-year holidays, to specifically demand wage increases. The industrial action began at 11:00 GMT in the US on Thursday due to Amazon management's refusal to negotiate with the Amazon Labor Union (ALU),...

Fashion

Jacquemus returns to Paris Fashion Week

2025 will be the year of Jacquemus' big return to Paris, with the French brand set to show during the autumn/winter 2025 men's fashion week. After a few months of hiatus, the Paris Fashion Week season will resume next January. From January 21 to 26, 2025, the fashion capital will host the AW25 men's fashion week, during which many surprises are...