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Luxury

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Capri Holdings names new chief information officer

Capri Holdings names new chief information officer

Capri Holdings announced on Tuesday the appointment of Alejandro Martinez-Galindo as chief information officer of the global fashion luxury group. 
Luxury
Ralph Lauren launches first rental subscription service

Ralph Lauren launches first rental subscription service

The iconic American fashion company is seeking to tap into changing consumer behavior with the launch of The Lauren Look, its first subscription apparel rental initiative.
Fashion
Nordstrom sales beat on off-price clothing channel, online strength

Nordstrom sales beat on off-price clothing channel, online strength

Nordstrom Inc on Tuesday reported better-than-expected revenue for the holiday quarter, aided by a rise in e-commerce sales and growth in its off-price business, Rack.
Fashion
Landsec names data expert as new non-exec director

Landsec names data expert as new non-exec director

Data and analytics expert Manjiry Tamhane has joined property giant Landsec as an independent non-executive director. 
Fashion
West End property still in demand as Reubens buy Armani store

West End property still in demand as Reubens buy Armani store

​Prime real estate will always be in demand, but at what price? Fears the pandemic might have a lasting effect on physical retail and the prices businesses are willing to pay for property look to be overstated, for now.
Luxury
Juergen Teller shoots Burberry SS21 campaign

Juergen Teller shoots Burberry SS21 campaign

​Burberry has just launched its SS21 campaign and given that it was shot in line with social distancing restrictions, it's quite different from many of its previous creatives.
Luxury
Dsquared2, Fila, Pucci showcase sporty-chic winter wear in Milan

Dsquared2, Fila, Pucci showcase sporty-chic winter wear in Milan

On Sunday, Dsquared2, Fila and Emilio Pucci injected a dose of cheerful energy into Milan Fashion Week with their riotous presentations, showcasing sophisticated collections liberally sprinkled with sporty notes.
Luxury
Macy's appoints new chief information officer, streamlines leadership structure

Macy's appoints new chief information officer, streamlines leadership structure

The New York-based department store retailer announced on Monday that it has named Laura Miller as its new chief information officer and made a series of other senior leadership changes as part of its Polaris strategy.
Fashion
Matchesfashion CEO is out, Chiquet steps up for now

Matchesfashion CEO is out, Chiquet steps up for now

​Matchesfashion's CEO of just a year has stepped down with immediate effect. Ajay Kavan has left the firm and director Maureen Chiquet has taken on the role of executive chairwoman as the company looks for a new leader.
Luxury
Kering takes stake in Vestiaire Collective

Kering takes stake in Vestiaire Collective

​If anybody needed confirmation of how important fashion resale has become, it came on Monday with the announcement by France’s Vestiaire Collective of a new €178m financing round backed by Kering, among others.
Luxury
Dolce & Gabbana: It’s party time again

Dolce & Gabbana: It’s party time again

There are two opposing camps this season in fashion. One sees women post-lockdown refusing to sacrifice comfort for future; the other, led by Dolce & Gabbana, insists women are desperate for a night on the dancefloor.
Luxury
More calls for retail tax changes, support for female-focused businesses in budget

More calls for retail tax changes, support for female-focused businesses in budget

Ahead of Wednesday’s key budget, the government has received calls to cut retail taxes and provide extra support for women in business.
Fashion
Former JD Sports exec buys Thomas Pink brand

Former JD Sports exec buys Thomas Pink brand

Failed upscale menswear retailer Pink Shirtmaker is set to make a return. The LVMH-owned brand, which went on the block before Christmas, has been bought by Nick Preston, a former JD Sports Fashion trading director.
Fashion
UK shopper footfall still rising ahead of lockdown easing

UK shopper footfall still rising ahead of lockdown easing

UK shoppers are continuing to flood back to stores, even though most remain closed at present, and this bodes well for non-essential stores reopening next month.
Fashion
Debenhams shuts Scottish stores, won't return for liquidation sales post-lockdown

Debenhams shuts Scottish stores, won't return for liquidation sales post-lockdown

Debenhams is closing its 15 Scottish stores immediately with 647 job losses as a result, its administrator said in an update on the process to wind down the remaining parts of the business that Boohoo didn't buy.
Fashion
Selfridges sales were rising but pandemic meant huge challenges for retailer

Selfridges sales were rising but pandemic meant huge challenges for retailer

​Selfridges had already flagged the fact that its sales rose and its net profits fell in the year to February 2020, but it has now officially filed its annual results and the full extent of that performance can be seen.
Luxury