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Coats Group weathers turbulent year with improving H2, outlook positive

Coats Group weathers turbulent year with improving H2, outlook positive

After a “turbulent” trading year, it certainly wasn’t all bad news for Coats Group despite delivering mostly negative numbers in its 12-month trading statement to 31 December on Thursday.
Fashion
Nicolas Di Felice breathes new life into Courrèges

Nicolas Di Felice breathes new life into Courrèges

The brand's new creative director unveiled a promising first collection on Wednesday, reimagining the house's codes with a contemporary twist, through graphical effects and ultra-short silhouettes. 
Fashion
Paris Fashion Week Day Three: Hearst debuts at Chloé; Patou looks polished; Acne goes avant-garde and Thebe Magugu wows

Paris Fashion Week Day Three: Hearst debuts at Chloé; Patou looks polished; Acne goes avant-garde and Thebe Magugu wows

Lockdown notwithstanding, Wednesday was a very busy multinational day in Paris Fashion Week, with the season’s key debut, the first collection by Gabriela Hearst for the house of Chloé.
Luxury
​Caledonia Park designer village refurb reaches major milestone

​Caledonia Park designer village refurb reaches major milestone

Heralded as becoming “Scotland’s premier designer village” the Caledonia Park redevelopment in Gretna has completed a “significant” first phase, according to the project’s investor RPMI Railpen.
Fashion
Budget 2021: Help for retail but no online sales tax

Budget 2021: Help for retail but no online sales tax

Chancellor Rishi Sunak has unveiled what has been touted as the most important budget statement in decades. And there's plenty in the latest announcement that directly impacts the fashion and retail sectors.
Fashion
UK in top three for cross-border e-shopping popularity

UK in top three for cross-border e-shopping popularity

Britain’s size is immaterial when it comes to e-commerce. The UK is the third most shopped market for international online purchases, only behind China and the US, according to a report.
Fashion
Capri Holdings names new chief information officer

Capri Holdings names new chief information officer

Capri Holdings announced on Tuesday the appointment of Alejandro Martinez-Galindo as chief information officer of the global fashion luxury group. 
Luxury
Ralph Lauren launches first rental subscription service

Ralph Lauren launches first rental subscription service

The iconic American fashion company is seeking to tap into changing consumer behavior with the launch of The Lauren Look, its first subscription apparel rental initiative.
Fashion
Nordstrom sales beat on off-price clothing channel, online strength

Nordstrom sales beat on off-price clothing channel, online strength

Nordstrom Inc on Tuesday reported better-than-expected revenue for the holiday quarter, aided by a rise in e-commerce sales and growth in its off-price business, Rack.
Fashion
Landsec names data expert as new non-exec director

Landsec names data expert as new non-exec director

Data and analytics expert Manjiry Tamhane has joined property giant Landsec as an independent non-executive director. 
Fashion
West End property still in demand as Reubens buy Armani store

West End property still in demand as Reubens buy Armani store

​Prime real estate will always be in demand, but at what price? Fears the pandemic might have a lasting effect on physical retail and the prices businesses are willing to pay for property look to be overstated, for now.
Luxury
Juergen Teller shoots Burberry SS21 campaign

Juergen Teller shoots Burberry SS21 campaign

​Burberry has just launched its SS21 campaign and given that it was shot in line with social distancing restrictions, it's quite different from many of its previous creatives.
Luxury
Dsquared2, Fila, Pucci showcase sporty-chic winter wear in Milan

Dsquared2, Fila, Pucci showcase sporty-chic winter wear in Milan

On Sunday, Dsquared2, Fila and Emilio Pucci injected a dose of cheerful energy into Milan Fashion Week with their riotous presentations, showcasing sophisticated collections liberally sprinkled with sporty notes.
Luxury
Macy's appoints new chief information officer, streamlines leadership structure

Macy's appoints new chief information officer, streamlines leadership structure

The New York-based department store retailer announced on Monday that it has named Laura Miller as its new chief information officer and made a series of other senior leadership changes as part of its Polaris strategy.
Fashion
Matchesfashion CEO is out, Chiquet steps up for now

Matchesfashion CEO is out, Chiquet steps up for now

​Matchesfashion's CEO of just a year has stepped down with immediate effect. Ajay Kavan has left the firm and director Maureen Chiquet has taken on the role of executive chairwoman as the company looks for a new leader.
Luxury
Kering takes stake in Vestiaire Collective

Kering takes stake in Vestiaire Collective

​If anybody needed confirmation of how important fashion resale has become, it came on Monday with the announcement by France’s Vestiaire Collective of a new €178m financing round backed by Kering, among others.
Luxury