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Harrods and Printemps owner in talks to buy Selfridges

Harrods and Printemps owner in talks to buy Selfridges

​Could London's two top luxury department stores end up with the same owner? That's the question being asked on Monday as it has emerged that the owner of Harrods is possibly front-runner to buy up-for-sale Selfridges.
Luxury
Saks Fifth Avenue e-commerce unit said to be aiming for IPO at $6 bln valuation

Saks Fifth Avenue e-commerce unit said to be aiming for IPO at $6 bln valuation

The e-commerce business of luxury department store Saks Fifth Avenue is preparing for an initial public offering and targeting a $6 billion valuation, the Wall Street Journal reported Sunday, citing sources. 
Luxury
Hermès handbags continue to retain most value at resale; Bottega Veneta climbs

Hermès handbags continue to retain most value at resale; Bottega Veneta climbs

According to the second Clair Report on retained brand value from resale marketplace Rebag, the strongest handbag labels in 2021 were once again Hermès, Louis Vuitton and Chanel. But Bottega Veneta is hot on their heels.
Luxury
The Egyptian modelling agency 'decolonising beauty standards'

The Egyptian modelling agency 'decolonising beauty standards'

Between the frenzied rush of wardrobe changes and photographers readying for shoots, Iman Eldeeb's agency is slowly breaking new ground for Egypt's fashion scene by hiring a diverse line-up of models.
Fashion
Miss Dior exhibition opens in Monsieur’s Provençal chateau

Miss Dior exhibition opens in Monsieur’s Provençal chateau

Parfums Christian Dior has opened the Miss Dior Exhibition 12 Women Artists featuring interpretations of the fragrance in Monsieur Dior’s Chateau de la Colle Noire, opening it for the first time to the general public.
Fashion
Watches of Switzerland adds more monobrand stores

Watches of Switzerland adds more monobrand stores

​High-flying omnichannel retailer Watches of Switzerland  is continuing to grow its UK monobrand boutique strategy with a difference. It’s opening another three destinations side-by-side in one shopping centre.
Luxury
Ted Baker heads new premium brands line-up at Highcross

Ted Baker heads new premium brands line-up at Highcross

​Ted Baker is the headline addition for Hammerson as the property giant welcomes four new brands to its Highcross flagship destination in Leicester this autumn.
Fashion
Luxury giant LVMH says third quarter sales grew by 20%

Luxury giant LVMH says third quarter sales grew by 20%

Sales at French luxury group LVMH's fashion and leather goods division rose strongly in the third quarter even though overall revenue growth in Asia and the United States eased from their stellar first-half performance.
Luxury
'I've always been a feminist': Jean-Paul Gaultier becomes curator

'I've always been a feminist': Jean-Paul Gaultier becomes curator

The former "enfant terrible" of French fashion has curated an exhibition in Paris on the power of women, taking in screen icons from Marilyn Monroe to this year's shocking Palme d'Or winner "Titane".
Luxury
Louis Vuitton names Squid Game star Jung Ho-Yeon new global ambassador

Louis Vuitton names Squid Game star Jung Ho-Yeon new global ambassador

Luxury fashion house Louis Vuitton took to Instagram on Wednesday to announce Squid Game star Jung Ho-Yeon as its latest global ambassador.
Luxury
Tag Heuer names Ryan Gosling as new brand ambassador

Tag Heuer names Ryan Gosling as new brand ambassador

​Tag Heuer has unveiled its latest brand ambassador with actor Ryan Gosling stepping up in a world first for him.
Luxury
Paris Fashion Week ends with Love Brings Love farewell to Alber Elbaz

Paris Fashion Week ends with Love Brings Love farewell to Alber Elbaz

The fashion industry bade farewell on Tuesday night to Alber Elbaz in exactly the way he would have wanted, with a legendary runway show.
Fashion
Goldsmiths, Watches of Switzerland open new and refurbished stores

Goldsmiths, Watches of Switzerland open new and refurbished stores

​Luxury watch and jewellery purchases have been among the big retail success stories throughout the pandemic, and that’s driven Watches of Switzerland Group’s store growth and upgrade programme.
Luxury
Altagamma says young consumers to account for 180% of luxury market growth by 2025

Altagamma says young consumers to account for 180% of luxury market growth by 2025

Eight years ago, luxury consumers were chiefly American, European and middle aged, but now they are becoming much younger and, by 2025, half of them are forecast to be Asia-based.
Luxury
Battersea Power Station mall announces big name signings

Battersea Power Station mall announces big name signings

​The upscale retail development at the converted Battersea Power Station in London has announced a number of new brand signings with a clutch of international and UK labels on the list.
Fashion
Net-A-Porter enters resale segment with Reflaunt deal

Net-A-Porter enters resale segment with Reflaunt deal

Net-A-Porter, Mr Porter and The Outnet have become the latest luxury retailers to embrace resale, saying a link-up with resale technology provider Reflaunt will “offer unique breadth in the online luxury fashion market”.
Luxury