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Slowear CEO Piero Braga on considered growth and building women’s offerings
As it steadily evolves, the Venice-based brand is introducing the American market to its female-targeted product.
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Karl Lagerfeld's Paris flat sold for €10 million
The couturier's Paris flat, a futuristic 260-square-metre, three-bedroom with a 50-square-metre dressing room, sold for ten million euros at auction in Paris, according to the notary firm in charge of the sale.
Люкс
Gift cards drive larger spend especially among family-age Millennials - report
Positive news for gift card retailers. Their purchase encourages shoppers to spend more than their face value and upgrade their presents, according to the Gift Card & Voucher Association (GCVA) and Global Data.
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Returns dilemma stops one in four shoppers from buying internationally
One in four shoppers avoids buying from international retailers due to returns concerns, according to new research, and few UK consumers would be prepared to pay a membership fee for free returns.
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Versace opens its first palace in Asia, in Macao
The Milanese label has opened its first Palazzo Versace in Asia in Macao, on the south-east coast of China. A luxury hotel with 271 rooms on 12 floors located within the resort-casino managed by SJM in Cotai.
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Kylie Jenner's KHY makes physical retail debut with Selfridges launch
Kylie Jenner’s KHY label has struck its first retail partnership deal after five months of selling direct to consumers online, announcing a fortnight link-up with Selfridges.
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UK retail sales recover slightly in March but April is set to be weak - CBI
UK retail sales have “stabilised” this month after 10 months of decline. That’s the core message of the latest CBI Distributive Trades Survey that showed sales being “broadly flat”.
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Selfridges finance chief quits after just four months
Department store group Selfridges is searching for a second new finance chief in just four months. Preetha McCann quit the job earlier this month after taking on the CFO post in early November.
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Easter footfall set to jump week on week, not so good year on year
It’s likely to be a busy Easter trading period, especially for retail parks. UK-wide footfall across the seven days (25 March-1 April) is expected to rise 6.6% week on week, according to tracking specialist MRI.
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Valentino will not be showing in June
The Roman fashion house, which has parted company with its creative director Pierpaolo Piccioli has now announced that it will not be showing its men's and couture collections in June.
Люкс
Stockmann formally changes name to Lindex
Stockmann Group has been talking about it for some time and now it’s finally happened. The company originally named after its famous Scandinavian department stores business has become Lindex Group.
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Lucibel develops two new light-driven beauty devices
Lucibel, the French LED technology company specializing in advanced regenerative skin products, has developed two new path-breaking devices, which they predict will revolutionize skin appearance.
Люкс
Loro Piana refutes accusations of unfairness towards Peruvian suppliers
LVMH-owned Loro Piana has refuted allegations of unfairness towards Peru-based vicuña wool suppliers, after a US congressman asked the label to explain its policies following a news report by Bloomberg.
Люкс
Christie’s, Sotheby’s announce opening dates for new Hong Kong spaces
Major auction houses Christie’s and Sotheby’s have announced opening dates for their new spaces in Hong Kong.
Люкс
Elite World Group appoints Flavio Facincani as director of brand, licensing, and partnerships
In early March, Elite World Group, the network of modeling agencies, welcomed Flavio Facincani, previously associated with Swinger and Blufin, to the position of director of brand, licensing, and partnerships.
Люкс
Fenwick SS24 campaign mixes harmonious opposites
Department store chain Fenwick has launched its SS24 campaign. Dubbed A Beautiful Balance, it was shot by fashion photographer Morgan Roberts and features models Wendy Huang and The Flag Twins.
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