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UK luxe consumers are buying bags and sneakers online during crisis - report

UK luxe consumers are buying bags and sneakers online during crisis - report

Consumers are continuing to buy luxury items during the international lockdown with online sites in Britain seeing particular interest in designer handbags and expensive sneakers, a report said on Tuesday. 
Fashion
Della Valle family launch Sempre con Voi;  €5 million for bereaved families of health workers

Della Valle family launch Sempre con Voi; €5 million for bereaved families of health workers

The Della Valle family –  the owners of Tod’s and Schiaparelli – have launched a new project, Sempre con Voi, to aid the bereaved family members of health professionals with a €5 million donation.
Fashion
Safilo sales hurt by Covid-19 but supply chain almost back to normal

Safilo sales hurt by Covid-19 but supply chain almost back to normal

Italian eyewear giant Safilo has withdrawn the guidance it issued just a few months ago and said that first-quarter sales were down in double-digits due to the accelerating coronavirus pandemic.
Fashion
Luxury labels launch creative cultural initiatives for these isolation times

Luxury labels launch creative cultural initiatives for these isolation times

Like many brands, some luxury labels are producing online content to dispel the gloom in these times of isolation, for example Bottega Veneta with a multi-media project, and Salvatore Ferragamo with a trivia quiz.
Luxury
Leïla Menchari, France’s most famous window dresser, dies at 92

Leïla Menchari, France’s most famous window dresser, dies at 92

Leïla Menchari, la créatrice tunisienne célèbre pour ses décorations flamboyantes des vitrines d'Hermès, est décédée samedi, a annoncé la maison de Haute Couture française dans un communiqué dimanche.
Fashion
The Modist is latest coronavirus-linked failure, site shuts down

The Modist is latest coronavirus-linked failure, site shuts down

The Modist has closed its doors, not just for the duration of the global lockdown, but permanently. The modest fashion luxury e-tailer said that it’s ceasing operations having taken a huge hit due to Covid-19.
Fashion
Fenwick's leadership team is out, founding family calls in ex-Selfridges exec as MD

Fenwick's leadership team is out, founding family calls in ex-Selfridges exec as MD

Fenwick has been struggling for some time and with its shops now closed and it's still-young online operation also not functioning, the family that owns the retailer has ousted its chairman and managing director.
Luxury
Fashion: creating unique content, not clothes, as a morale booster during the Covid-19 pandemic

Fashion: creating unique content, not clothes, as a morale booster during the Covid-19 pandemic

Fashion houses have begun reaching out to their massive global communities via social media to encourage creativity at home, healthy living and inter-connectivity during the global lockdown caused by coronavirus.
Fashion
European tourist retail dented by Covid-19 says Planet

European tourist retail dented by Covid-19 says Planet

The massive impact of Covid-19 on tourist spending was made clear this week as international payments provide Planet issued figures showing the economic impact of the virus on European retail during February. 
Luxury
EssilorLuxottica says Essilor CEO to retire; halts dividend on AGM delay

EssilorLuxottica says Essilor CEO to retire; halts dividend on AGM delay

EssilorLuxottica is suspending its dividend due to the coronavirus pandemic, it said Monday, adding its annual shareholder meeting has been delayed and its Essilor chief executive officer, Laurent Vacherot, has retired.
Fashion
French luxury group Hermes reduces proposed dividend

French luxury group Hermes reduces proposed dividend

French luxury goods group Hermes said on Monday it has decided to trim its planned 2020 dividend to shareholders in response to the coronavirus outbreak.
Luxury
British Fashion Council launches Covid-19 fund to support designers

British Fashion Council launches Covid-19 fund to support designers

The British Fashion Council (BFC) said on Friday that it's launching a new crisis fund to support creative businesses and individuals during the Covid-19 outbreak. 
Fashion
Fashion e-tailers refute social distancing criticism, Next, Net-A-Porter shut e-stores

Fashion e-tailers refute social distancing criticism, Next, Net-A-Porter shut e-stores

UK fashion e-tail is facing a steady shutdown as some well-known names respond to criticism of the efforts they’re making to keep warehouse staff and other workers safe.
Fashion
Condé Nast pushes luxury conference back three months to end July

Condé Nast pushes luxury conference back three months to end July

The next Condé Nast Luxury Conference, scheduled for April, has been pushed back three months to end July, the latest major postponement in fashion due to impact of the coronavirus pandemic.
Fashion
EssilorLuxottica says Essilor targeted by cyberattack

EssilorLuxottica says Essilor targeted by cyberattack

EssilorLuxottica said on Wednesday Essilor had been subject of a cyberattack on March 21 which disrupted access to some of its group servers and computers.
Fashion
Fogal poised for a renaissance, hunkers down during the pandemic

Fogal poised for a renaissance, hunkers down during the pandemic

There is nothing like a centenary to focus attention on a brand, especially one on the mend, like Fogal, considered by many as the nec plus ultra of legwear. A brand poised for a notable renaissance, post-coronavirus.
Fashion