Yet more strong numbers from the commercial property sector on Thursday. Major London landlord Great Portland Estates joined its peers British Land and Landsec this week in delivering an upbeat performance for the year.
Burberry’s new CEO looks like he won’t be deviating too much from his predecessor’s luxury strategy and if anything, he’s likely to take the label even further upmarket, while also focusing on its British heritage.
M&S’s premium Jaeger brand has named Suzi Avens as head of product. The ex-Cath Kidston and Boden exec joins as M&S continues its relaunch of Jaeger and puts plenty of support behind it both in-store and online.
Malls giant Unibail-Rodamco-Westfield (URW) is continuing to roll out its Westfield brand to more locations and has announced that it’s rebranding three flagship centres under that name.
Landlord Grosvenor has launched an interesting project, unveiling “an innovation challenge seeking to find new technologies and partners that are putting customer experience at the heart of bricks and mortar retail”.
Kering is launching the third tranche of its stock repurchase program, covering a volume of nearly 0.5% of its share capital. Meanwhile, LVMH is launching a similar program worth “a maximum amount of one billion euros."
The French fashion house will unveil its new men's collection this Thursday, May 19, on Venice Beach, as well as on Facebook. Creative Director Kim Jones will also present a collaboration with the label Erl.
Virgil Abloh Securities, a creative corporation founded by the late designer has announced Shannon Abloh as CEO and managing director of the organization.
Miami Fashion Week announced on Wednesday its return to the runway circuit this month, after taking a two-year break due to the Covid-19 pandemic that saw many in-person fashion events cancelled in the last 24 months.
British Land became the second UK property giant in two days to report that the sector’s post-pandemic trading is thriving again, delivering “a strong performance across all parts of our business” for the year.
The designer launched his first couture collection for the Italian fashion house. The capsule consists of 15 couture looks, most of which will be presented at the Cannes Film Festival.
The Turkish designer, who had been head of sneaker design at Balmain since 2019, is joining Bottega Veneta as a consultant designer for footwear. He will work alongside creative director Matthieu Blazy.
British inflation surged last month to its highest annual rate since 1982, piling pressure on finance minister Rishi Sunak to step up his help for households facing a worsening cost-of-living crisis.
This Wednesday, Chanel unveiled its new experiential super-boutique in Place Vendôme, the mecca of the fine jewelry industry, and like the house’s founding designs, it feels both luxurious and yet iconoclastic.
Luxury retailer Hervia has been acquired by Parabellum — the private equity operation controlled by Rami Cassis — for an undisclosed sum, marking its first move outside of B2B investments and into luxe fashion.
