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Aeffe sales rise 5.1% in first quarter

Aeffe sales rise 5.1% in first quarter

The Italian fashion group has revealed that its consolidated revenues for the first quarter ended March 31, 2021 totalled 80.1 million euros, up 5.1% from 76.2 million euros in the prior-year period.
Fashion
VIA Outlets reopens complete portfolio across Europe

VIA Outlets reopens complete portfolio across Europe

VIA Outlets has reopened its entire 11-centre portfolio after Covid-19 restrictions were lifted in various markets. And it's seen encouraging trading, new services added and a host of new brands joining the portfolio.
Fashion
Burberry not hurt by Xinjiang cotton row says CEO

Burberry not hurt by Xinjiang cotton row says CEO

​Burberry’s all-important sales in China don’t seem to have been hurt too much by the row over its stance on Xinjiang cotton, it emerged following the release of its full-year results this week.
Luxury
Farfetch revenues leap ahead as 2021 starts with a bang

Farfetch revenues leap ahead as 2021 starts with a bang

Farfetch has reported another big leap forward in terms of gross merchandise value (GMV) and digital platform GMV as it continues benefit from consumers shifting online both generally and due to the pandemic.
Luxury
Tod's sees possible venture with LVMH, but no talks ongoing

Tod's sees possible venture with LVMH, but no talks ongoing

Italy's Tod’s could further strengthen its ties with LVMH but there are no ongoing talks and no decision has been made, a top Tod’s executive said after the French giant increased its stake in the group.
Fashion
John Lewis opens revamped Edinburgh store

John Lewis opens revamped Edinburgh store

​John Lewis unveils its revamped Edinburgh store on Friday after a major refurbishment. The focus is on making the store a must-visit destination, with experiences and expertise that can’t be replicated online.
Fashion
Covid dents Burberry sales but bounce-back has begun

Covid dents Burberry sales but bounce-back has begun

​The last year has been a bruising one for many and Burberry’s results for FY21 have illustrated that perfectly, But they also show how it has learned to navigate the pandemic and is bouncing back strongly.
Luxury
Ferragamo sees sales growth, loss reduction in Q1

Ferragamo sees sales growth, loss reduction in Q1

In Q1 2021, the Italian luxury label reported a better-than-expected net loss of €0.6 million, down from €41 million YOY, as business was “volatile” owing to the Covid-19 pandemic.
Luxury
Lyst raises new cash, mulls IPO - report

Lyst raises new cash, mulls IPO - report

Lyst, the London-based upscale fashion search-to-retail platform, is reportedly mulling an IPO, having raised $85 million from a variety of investors.
Fashion
Selfridges gets licence to host weddings

Selfridges gets licence to host weddings

​After a year in which weddings were cancelled across Britain, they're back on the agenda, so with supreme good timing, Selfridges has just been granted a licence to host the ceremonies and receptions.
Luxury
Debenhams Bournemouth exit gives opportunity for indie replacement

Debenhams Bournemouth exit gives opportunity for indie replacement

​As Debenhams exits the high street, many of its former stores are being converted to non-retail uses. But there appears to be an opportunity opening up for the return of smaller department store operators. 
Fashion
Kurt Geiger's Shoeaholics opens giant Westfield store

Kurt Geiger's Shoeaholics opens giant Westfield store

​Kurt Geiger’s discount Shoeaholics retail brand has opened the biggest shoe shop in the UK at Westfield London, the brand having taken over a massive 25,0000 sq ft space.
Fashion
JD Sports buys Oi Polloi, speculation that Cowgill to step down as JD CEO

JD Sports buys Oi Polloi, speculation that Cowgill to step down as JD CEO

JD sports has been on the acquisition trail again with news that it's bought menswear retailer Oi Polloi. It's also been reported that CEO Peter Cowgill could step back from day-to-day control of JD this year.
Fashion
French Federation planning live Paris menswear shows this summer

French Federation planning live Paris menswear shows this summer

The Federation de la Haute Couture et de la Mode confirmed Friday that it is planning to host live catwalk shows in Paris this summer, during the upcoming menswear season in June.
Fashion
Selfridges offers designer label rental service online for first time

Selfridges offers designer label rental service online for first time

​Selfridges has dived deeper into the rental market with the debut of Selfridges Rental online, moving it from an exclusively store-based offer previously.
Luxury
Mango uses 3D printing for new accessories, shoes collection

Mango uses 3D printing for new accessories, shoes collection

After launching a collection of sustainable jewellery in 2020, Mango has again turned to 3D printing technology to create a seven-item TPU (thermoplastic polyurethane) capsule collection.
Fashion