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Salvatore Ferragamo revenue up in 2019 despite big Q4 Hong Kong slump

Salvatore Ferragamo revenue up in 2019 despite big Q4 Hong Kong slump

Italian luxury label Salvatore Ferragamo recorded a 2.3% rise in revenue in 2019, reaching €1.37 billion, despite plummeting sales in Hong Kong in the third and fourth quarter of the year.
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Ready-to-wear
LVMH scores 15% increase in annual sales to €53.7 billion, Bernard Arnault predicts profitable 2020

LVMH scores 15% increase in annual sales to €53.7 billion, Bernard Arnault predicts profitable 2020

LVMH, the world’s largest luxury group, posted yet another year of record sales, racking up global turnover of €53.7 billion in 2020, a 15% increase on the previous year.
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Luxury
Jeremy Scott cancels his RTW show in NYC, and plans to show at Paris couture

Jeremy Scott cancels his RTW show in NYC, and plans to show at Paris couture

Jeremy Scott has cancelled his upcoming runway show in New York, in a move that will significantly weaken the American fashion catwalk season. Instead, the designer will show during haute couture in Paris in July.
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Fashion
Allbirds, Joseph Cheaney and Martel + Ram open in Marylebone Village

Allbirds, Joseph Cheaney and Martel + Ram open in Marylebone Village

Marylebone is becoming a hub for footwear brands with news of more openings there, including a trio of key names that seem to be attracted by its neighbourhood feel, proximity to London's West End and upscale image. 
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Footwear
CEO Scott Cutler keen to expand StockX by deploying IPO-for-products concept

CEO Scott Cutler keen to expand StockX by deploying IPO-for-products concept

The US e-tail site has been applying stock market-inspired concepts to the sale of sneakers for three years. CEO Scott Cutler told FashionNetwork.com he wants to go further in deploying the IPO-for-products model.
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Footwear
Alessandra Facchinetti named creative director of Harlan + Holden

Alessandra Facchinetti named creative director of Harlan + Holden

Alessandra Facchinetti has been named creative director of Harlan + Holden, an Asian fashion company that defines itself as the world’s first “time-saving” clothing brand.
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Fashion
Jigsaw to open new concept store in Shop at Bluebird's ex-home

Jigsaw to open new concept store in Shop at Bluebird's ex-home

A major landlord in London’s Covent Garden has announced a number of new openings in the area with one of the most interesting being a forthcoming flagship/concept store from Jigsaw.
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Ready-to-wear
China virus is threat to European luxury ahead of New Year shopping fest, says Planet

China virus is threat to European luxury ahead of New Year shopping fest, says Planet

The spread of the deadly coronavirus in China could mean the world’s luxury industry seeing sales dented by fewer Chinese shoppers travelling abroad, tax-free payments specialist Planet said on Thursday.
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Textile
Maison Margiela: Defiant deconstruction, back home in the Marais

Maison Margiela: Defiant deconstruction, back home in the Marais

John Galliano marked a return to his old neighbourhood on a crisp Wednesday morning, with an impressive statement of his signature deranged beauty in the Marais, where he has resided for almost two decades in Paris.
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Ready-to-wear
Burberry hails strong Q3, sales rise despite Hong Kong halving

Burberry hails strong Q3, sales rise despite Hong Kong halving

Burberry’s Q3 update offered further signs of the strength of the firm’s growth strategy. It had “a good quarter” and “continued to shift consumer perceptions of our brand and align the network to our new vision”.
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Ready-to-wear
Chanel’s austere Aubazine spiritual chic

Chanel’s austere Aubazine spiritual chic

Chanel couturier Virginie Viard went back to the roots of the house for inspiration this couture season, back before Coco imagined she would be a designer – all the way to her convent school deep in rural France.
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Ready-to-wear
Tiger of Sweden creative chief exits, replacement search starts now

Tiger of Sweden creative chief exits, replacement search starts now

Premium-contemporary brand Tiger of Sweden has announced the departure of its creative director Christoffer Lundman, saying the company and the designer “have mutually agreed to part ways after two years”.
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Ready-to-wear
Jigsaw to close luxe emporium The Shop at Bluebird this weekend

Jigsaw to close luxe emporium The Shop at Bluebird this weekend

The Jigsaw-owned luxury multi-brand store The Shop at Bluebird is to close on Sunday, a further sign of the challenges in the UK retail sector at present.
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Ready-to-wear
StockX reports over $1 billion in GMV in 2019

StockX reports over $1 billion in GMV in 2019

The Detroit-based “stock market of things” has announced that it surpassed $1 billion in gross merchandise value in 2019 alone, as the platform pushed forward with international expansion, especially in Europe and Asia.
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Ready-to-wear
Paul Smith: a half-century and still standing

Paul Smith: a half-century and still standing

Sir Paul Smith celebrated his 50th Anniversary on Sunday night in Paris, and the stars came out to fete fashion’s best-loved knight.
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Ready-to-wear
Olivier Saillard fêtes the new Weston Vintage project

Olivier Saillard fêtes the new Weston Vintage project

Leave it to Olivier Saillard and J.M. Weston to fête the debut of their new vintage project – a neat example of the circular economy – with a moment of Parisian performance art.
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Footwear