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Mytheresa's e-commerce revenues jump 20%

Mytheresa's e-commerce revenues jump 20%

The German luxury retailer has reported annual revenues of 450 million euros, up from 377 million euros in the previous year, growth driven by a 20% rise in the company's e-commerce sales. 
Fashion
UK retail in shock as government to end tax-free shopping for non-EU tourists

UK retail in shock as government to end tax-free shopping for non-EU tourists

The UK government is being urged to reconsider its decision to almost completely opt out of tax-free shopping at the end of the year with retailers and the bodies that represent them saying it would be a catastrophe.
Fashion
London Fashion Week day four: Hats off to Lulu Kennedy

London Fashion Week day four: Hats off to Lulu Kennedy

It felt a little like a repeat season in London this Sunday, with a series of largely digital displays where many designers actually repackaged collections they had shown in January or February.
Fashion
Simone Rocha: Hand-embroidered castles in Hauser & Wirth

Simone Rocha: Hand-embroidered castles in Hauser & Wirth

Leave it to Simone Rocha to present the most brilliant collection this weekend at London Fashion Week: high ethereal romanticism located somewhere between Jane Austen and Catherine de' Medici.
Fashion
London Fashion Week day three: Messages, not just more mode

London Fashion Week day three: Messages, not just more mode

An almost completely digital day at London Fashion Week on day three this Saturday, marked by multiple energetic videos and political messages and the almost complete absence of actual runway models.
Fashion
Edward Crutchley’s Yakuza wives confirm him as a truly major talent

Edward Crutchley’s Yakuza wives confirm him as a truly major talent

Few designers in London today pack as much punch and panache as Edward Crutchley, whose latest collection was an ode to a beautifully histrionic Yakuza gangster film, and all the better for that.
Fashion
Marimekko issues improved guidance, but uncertainty remins

Marimekko issues improved guidance, but uncertainty remins

​Finnish textiles-to-fashion firm Marimekko has updated its guidance saying net sales will be lower for the full year while comparable operating profit could be at a similar level to last year, but might also be lower.
Fashion
Aspinal of London CVA to mean store closures

Aspinal of London CVA to mean store closures

​Aspinal of London is the latest British retailer to launch a CVA proposal as the effects of a pandemic have made its current business model unviable.
Fashion
Rent the Runway cuts unlimited membership plan

Rent the Runway cuts unlimited membership plan

The designer clothing rental service has announced that it is discontinuing its unlimited membership in favor of a new pricing structure allowing subscribers to rent four, eight or 16 pieces a month.
Fashion
On its final day, NYFW fuses fun and activism

On its final day, NYFW fuses fun and activism

The final day of this New York fashion season concluded with a surprise collaboration between Christian Cowan and Lil Nas X, a voter registration campaign from Tanya Taylor, and a backyard party from Christian Siriano.
Luxury
Italian leather goods, footwear sectors post dire H1 results

Italian leather goods, footwear sectors post dire H1 results

On the eve of the Mipel and Micam trade shows, data from Confindustra Moda's Research Centre spelled out the severe difficulties faced by the Italian leather goods and footwear industries due to the Covid-19 crisis.
Luxury
Hard-edged, performance-art chic by Burberry opens London Fashion Week

Hard-edged, performance-art chic by Burberry opens London Fashion Week

Hard-edged chic at Burberry; where a cool cult met for an alternative ceremony inside a soaring forest, in a work of performance art created by Anne Imhof and unveiled Thursday lunchtime, opening London Fashion Week.
Luxury
Hermès to open another leather goods workshop in France

Hermès to open another leather goods workshop in France

A few weeks after announcing the future opening of factories in the French regions of Normandy and the Ardennes, the luxury label said that it will open a new leather goods workshop in the Auvergne region by 2023.
Luxury
Harrods opens first standalone H Beauty store in Lakeside, Essex

Harrods opens first standalone H Beauty store in Lakeside, Essex

​It’s been a long time coming since the announcement last year, but Harrods has finally opened its first standalone beauty store, H Beauty, at Lakeside in Essex. A second store will open in Milton Keynes in 2021. 
Luxury
Tom Ford climaxes New York Fashion Week with Flower Power elegance

Tom Ford climaxes New York Fashion Week with Flower Power elegance

Ending a New York Fashion Week obsessed with escapism and optimism, as designers struggled to make sense of their role amid the pandemic, nobody harked back quite as much to a happier era as Tom Ford. 
Fashion
Erykah Badu and Bella Hadid 'host' Burberry fashion show

Erykah Badu and Bella Hadid 'host' Burberry fashion show

Burberry has announced more details about its Thursday SS21 fashion show that is being livestreamed via Twitch as a way to create an impactful event in the era of social distancing. 
Luxury