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Luxury

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Luxury brands that reject resale risk losing out, says study

Luxury brands that reject resale risk losing out, says study

According to a new report from McKinsey, exploring the rapidly growing resale market not only opens a new revenue stream for luxury labels but could also have a positive effect on brand loyalty and desirability.
Luxury
House of Gucci: The label's clothes and accessories ride high after movie release

House of Gucci: The label's clothes and accessories ride high after movie release

Released in theaters on November 24, the "House of Gucci" movie has caused searches for clothing and accessories from the luxury fashion house to soar.
Luxury
Gucci heirs say "House of Gucci" portrays family as 'thugs'

Gucci heirs say "House of Gucci" portrays family as 'thugs'

The heirs of Aldo Gucci, the man who transformed the Florentine label into a global phenomenon, are not happy at the way their family is portrayed in Ridley Scott's "House of Gucci" film.
Luxury
Shaftesbury on speedy road to recovery as business bounce quickens in H2

Shaftesbury on speedy road to recovery as business bounce quickens in H2

​How’s this for a positive trading statement opening: “Confidence, footfall, trading recovering; rebound in occupier demand driving vacancy down towards pre-pandemic levels; valuation recovery in second half”.
Fashion
Buy now pay later numbers leap in UK

Buy now pay later numbers leap in UK

​Around 15 million people in the UK are using buy now, pay later (BNPL) credit, a rise of 23% year-on-year, a new study has shown.
Fashion
JW Anderson and xydrobe unveil #harrystylescardigan as their first NFT for auction

JW Anderson and xydrobe unveil #harrystylescardigan as their first NFT for auction

​The first non-fungible token (NFT) from the recently revealed link-up between JW Anderson and xydrobe has been unveiled as the #harrystylescardigan with proceeds being donated to LGBTQ+ charity, akt.
Luxury
African designers say fashion icon Abloh helped 'open door'

African designers say fashion icon Abloh helped 'open door'

African fashion designers on Monday paid tribute to American star designer Virgil Abloh for helping "open the door" and allowing them to be seen and heard in the global industry.
Luxury
Gucci heirs threaten legal action over Ridley Scott film

Gucci heirs threaten legal action over Ridley Scott film

The heirs of Italian fashion house Gucci on Monday threatened to take legal action over Ridley Scott's new film "House of Gucci" for depicting members of the family as "hooligans".
Luxury
Reborn Fashion Awards lives up to the hype, but has a sombre edge too

Reborn Fashion Awards lives up to the hype, but has a sombre edge too

​The BFC promised a new and different experience for The Fashion Awards on Monday night and it justified the hype. Yet it was also a sad event given the news of the death of 'leaders of change' honouree Virgil Abloh.
Fashion
Final Virgil Abloh show in Miami following shock death

Final Virgil Abloh show in Miami following shock death

Louis Vuitton will present the final collection by designer Virgil Abloh in Miami on Tuesday, following his death from cancer at the age of 41.
Luxury
​Early Christmas shoppers boost Black Friday UK store traffic - report

​Early Christmas shoppers boost Black Friday UK store traffic - report

A good week-on-week gain, but still well below pre-pandemic numbers. That was Black Friday (26 November) shopper traffic numbers across the UK. Footfall was 35% higher week-on-week, but still down 23% on two years ago.
Fashion
West End footfall numbers struggle, still heavily down on pre-pandemic comparisons - NWEC

West End footfall numbers struggle, still heavily down on pre-pandemic comparisons - NWEC

London West End footfall in the seven shopping days from 22-28 November inched up 2% week-on-week, and rose 11% over last year's Black Friday, latest figures from the New West End Company (NWEC) showed on Monday.
Fashion
MCM links with British artists in London flagship project

MCM links with British artists in London flagship project

​As part of its international Upcycling Project, luxury accessories specialist MCM has launched a collaboration with five forward-looking UK artists.
Fashion
Hammerson confirms Silverburn £140m sale talks

Hammerson confirms Silverburn £140m sale talks

​Retail landlord Hammerson confirmed on Monday that it’s in talks to sell the major Silverburn shopping mall in Glasgow with a potential price of £140 million.
Fashion
Erdem Moralioglu, with MBE in hand, mulls coming to Paris

Erdem Moralioglu, with MBE in hand, mulls coming to Paris

This month Erdem Moralioglu, a Turkish-Canadian designer, was made a Member of the Order of the British Empire. This week he has been in Paris, mulling a show in the French capital.
Luxury
Fred Perry weathers the pandemic storm despite profits drop

Fred Perry weathers the pandemic storm despite profits drop

​Fred Perry has filed its 2020 results and while comparisons are skewed due to changes in its financial year dates during 2019, they show that the pandemic was clearly a tough time for the business.
Fashion