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Watches of Switzerland has another strong period as watch demand rises

Watches of Switzerland has another strong period as watch demand rises

​The Watches of Switzerland Group update on Thursday was another strong one with the fast-growing company reporting buoyant trading for Q3 and the first nine months of the year up to the end of January.
Luxury
Spain's PdPaola to open first international store in London

Spain's PdPaola to open first international store in London

​Spanish jewellery brand PdPaola is opening its first international store on Thursday with the debut of its previously flagged boutique in London's Covent Garden.
Fashion
Mason Rothschild loses Hermes lawsuit over NFT handbags

Mason Rothschild loses Hermes lawsuit over NFT handbags

American artist Mason Rothschild was ordered to pay $130,000 in damages to Hermes Wednesday for selling virtual bags in the form of NFTs without the luxury brand's permission.
Luxury
Michael Kors, Versace owner Capri cuts forecasts as demand slows, shares plunge 24%

Michael Kors, Versace owner Capri cuts forecasts as demand slows, shares plunge 24%

Michael Kors and Versace owner Capri Holdings on Wednesday cut its annual profit forecast and provided a dour outlook for 2024, blaming a slowdown in demand from department stores for its luxury handbags and apparel.
Luxury
Matchesfashion names John Mooney its creative director

Matchesfashion names John Mooney its creative director

​Luxury retailer Matchesfashion has continued to boost its top team, and has named a new executive creative director, finding him – like current Matches CEO Nick Beighton – among the ranks of ASOS execs.
Fashion
Luxury leather goods brand GRAF PARIS finds a home at Paris's Four Seasons Hotel

Luxury leather goods brand GRAF PARIS finds a home at Paris's Four Seasons Hotel

Luxury leather goods brand GRAF PARIS, designed by illustrious architect and decorator François-Joseph Graf, has opened a boutique within Paris's Four Seasons hotel. 
Luxury
China's luxury market shrank 10% in 2022 -Bain

China's luxury market shrank 10% in 2022 -Bain

China's luxury market contracted 10% in 2022 on the year, snapping a five-year streak of high growth, as Beijing's zero-COVID policy and a slowing economy hit spending, Bain & Company said in a report on Tuesday.
Luxury
Me+Em opens at Battersea Power Station

Me+Em opens at Battersea Power Station

​Me+Em is the latest fashion name to open a store in the prestigious Battersea Power Station mall that opened last autumn.
Fashion
Hush names Coach's Melissa Dick as new creative chief

Hush names Coach's Melissa Dick as new creative chief

Womenswear and lifestyle brand Hush has named Melissa Dick as its new Chief Creative Officer. She joins from Tapestry’s Coach brand, where she spent five years and was VP Global Head of Creative Strategy & Studio. 
Fashion
Rhude returns to Los Angeles for its fall 2023 collection

Rhude returns to Los Angeles for its fall 2023 collection

Rhuigi Villasenor, founder of Rhude's brand, and also creative director of the Swiss house Bally, presented last Friday, his brand's next fall/winter collection in Los Angeles -- a leathery and streetwear atmosphere. 
Fashion
Hermes, NFT creator spar over 'MetaBirkins' in trademark trial

Hermes, NFT creator spar over 'MetaBirkins' in trademark trial

Hermes International SCA urged a U.S. jury on Monday to find that a creator of non-fungible tokens violated its trademark for Birkin bags, while lawyers for the "MetaBirkins" maker countered that the images were art.
Luxury
Burberry reveals Daniel Lee's "first creative expression" for label

Burberry reveals Daniel Lee's "first creative expression" for label

​The Burberry show at London Fashion Week is set to be the hottest ticket in town as the industry gets to see what new creative director Daniel Lee has up his sleeve. But first it's released a taster campaign.
Luxury
Hugo unveils "daring and defiant" SS23 campaign

Hugo unveils "daring and defiant" SS23 campaign

​Hugo Boss has unveiled the SS23 campaign for its Hugo label saying “individuality, attitude and breaking the rules – Hugo takes this anthem to new altitudes in the brand’s most daring and defiant campaign yet”.
Fashion
Affluent Gen-Zers are actively more eco-conscious when buying fashion - report

Affluent Gen-Zers are actively more eco-conscious when buying fashion - report

​Brands ignore environment, social and governance (ESG) issues at their peril with Gen Z’s fashion choices now being increasingly divine by a label’s ESG stance.
Fashion
Moncler Genius collaborators to include Alicia Keys, Pharrell Williams, Mercedes-Benz

Moncler Genius collaborators to include Alicia Keys, Pharrell Williams, Mercedes-Benz

​We’re used to the big-name luxe designers that Moncler works with for its Genius offer. But for 2023 it had said it will be taking a new approach. And now the names of its latest collaborators have been revealed. 
Luxury
Adidas by Stella McCartney kicks-off Grammy weekend festivities with A-List, young Hollywood crowd bash

Adidas by Stella McCartney kicks-off Grammy weekend festivities with A-List, young Hollywood crowd bash

The designer used the occasion to show her spring/summer 2023 collection, which marks 18 years with the German sports giant.
Luxury