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Burberry boosts profit guidance as full-price sales take off

Burberry boosts profit guidance as full-price sales take off

​Burberry’s full-price sales continued to grow in double-digits compared with two years ago in the 13 weeks to December 25, underlining the ongoing recovery both at the company and in the luxury sector as a whole.
Luxury
LVMH Luxury Ventures invests in Aimé Leon Dore

LVMH Luxury Ventures invests in Aimé Leon Dore

LVMH investment arm Luxury Ventures has taken a minority stake in Aimé Leon Dore, the American streetwear brand founded by New York designer, Teddy Santis.
Luxury
Paris menswear opens with Lukhanyo Mdingi, Bluemarble and Egonlab

Paris menswear opens with Lukhanyo Mdingi, Bluemarble and Egonlab

Paris menswear season – showing clothes for winter 2022 - opened Tuesday with an impressive trio of collections from three very disparate young designers, underlining the city's ability to attract dynamic, new talent.
Fashion
Gen Z-focused Heat mystery fashion box platform gets funding from LVMH, Antler

Gen Z-focused Heat mystery fashion box platform gets funding from LVMH, Antler

​High-end streetwear mystery box specialist Heat has received a $5m seed funding investment from a group led by LVMH Luxury Ventures and venture capital firm Antler as it seeks to expand.
Luxury
Prada Group's commercial director Manzatto is new Church & Co CEO

Prada Group's commercial director Manzatto is new Church & Co CEO

​Prada Group’s luxury UK footwear operation, Church & Co, has a new boss. The company has announced the appointment of Denni Manzatto as the firm’s CEO. 
Luxury
Bally names new Creative Director, Rhude's Rhuigi Villaseñor takes the helm

Bally names new Creative Director, Rhude's Rhuigi Villaseñor takes the helm

​Bally has named Rhuigi Villaseñor its new Creative Director, with his first collection for the label set to debut for the SS23 season. He’ll be based between LA and Switzerland.
Luxury
Christophe Cuvillier is named SMCP chairman

Christophe Cuvillier is named SMCP chairman

​SMCP has named Christophe Cuvillier as Chairman of its board of directors following the change in the composition of that board decided at a meeting late last week.
Fashion
Pierre Cardin plans Paris comeback after founder's death

Pierre Cardin plans Paris comeback after founder's death

Luxury label Pierre Cardin is set to return to Paris Fashion Week in a bid to breathe new life into the brand, its new boss told AFP, just over a year after the death of its legendary founder.
Fashion
Fortnum & Mason has strong Christmas, despite making full-year loss

Fortnum & Mason has strong Christmas, despite making full-year loss

​Fortnum & Mason had a strong Christmas period, but its latest accounts for the year to last July also showed it swinging to a pre-tax loss for the first time since 2009.
Luxury
New £300m loan puts green goals at heart of Burberry finances

New £300m loan puts green goals at heart of Burberry finances

​Burberry is the latest big name in fashion to link its finances to its drive to operate a greener and more ethical business. It has refinanced its revolving credit facility to a £300m sustainability-linked loan.
Luxury
Prada: Stasi chic on Hollywood hipsters

Prada: Stasi chic on Hollywood hipsters

A welcome return to ruddy health at Prada, where Miuccia Prada and Raf Simons unveiled their best menswear collection to date, worn by the city’s best cast, on a sunny Sunday in Milan.
Fashion
Etro: The apparel and the ecstasy

Etro: The apparel and the ecstasy

Nothing like a new management to liberate a venerable brand and unleash the potential of a talented designer. Which was very much the case on Sunday, when Kean Etro staged one of his snappiest collections for the house.
Fashion
Michael Kors teams up with emerging accessories brand Ashya

Michael Kors teams up with emerging accessories brand Ashya

American fashion brand Michael Kors has teamed up with emerging accessories brand Ashya to launch a limited-edition collection. 
Luxury
Italian fashion pioneer Nino Cerruti dies

Italian fashion pioneer Nino Cerruti dies

Pioneering Italian fashion designer Nino Cerruti, who introduced "casual chic" into men's fashion and in his heyday dressed Hollywood stars, has died at the age of 91.
Luxury
Dolce & Gabbana: Moda alla Machine Gun Kelly

Dolce & Gabbana: Moda alla Machine Gun Kelly

Right when you were thinking one could drown in all the laudable sustainable menswear on display in Milan, along comes Dolce & Gabbana to wake the whole city up with some moda alla Machine Gun Kelly on Saturday. 
Fashion
Milan Fashion Week: DSquared2 dreams of Deep North dandies

Milan Fashion Week: DSquared2 dreams of Deep North dandies

The brothers Caten returned to their Canadian roots this season with a DSquared2 collection ideal for Deep North dandies and hipster trappers presented Friday, the opening day of the Milan menswear season.
Fashion