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Eurozone retail sales drop more than expected in June as prices rise

Eurozone retail sales drop more than expected in June as prices rise

Euro zone retail sales plunged more than expected in June as prices at factory gates continued to rise, data showed Wednesday, signalling a weakness in consumer demand that could herald a recession in H2.
Fashion
Sales and profit boom at Hermès in H1, China bounces back at end of period

Sales and profit boom at Hermès in H1, China bounces back at end of period

​Hermès saw a sales boom in Q2 as — like its luxury peers — it enjoyed strong growth in Europe and the US with China also recovering during June towards the end of the quarter.
Luxury
Live Shopping: Shopify turns to Youtube Shopping

Live Shopping: Shopify turns to Youtube Shopping

Shopify Inc on Tuesday announced a partnership with YouTube to allow merchants to sell through the video platform, as it looks to tap into the growing number of content creators launching their own e-commerce stores.
Fashion
Net-A-Porter launches new curation, campaign as bridge between fashion and homewares

Net-A-Porter launches new curation, campaign as bridge between fashion and homewares

​Homewares may have struggled in recent periods after it boomed during the pandemic, but retailers aren't turning away from it. In fact, many luxe names see it as key to expanding their sales.
Luxury
Champs-Elysées avenue in Paris again the most attractive high street in Europe

Champs-Elysées avenue in Paris again the most attractive high street in Europe

Footfall in the renowned Parisian avenue has doubled compared to last year, according to a Cushman & Wakefield/My Traffic study, a stronger rebound than recorded elsewhere in Europe.
Fashion
Lalique teams up with upscale French eatery Daniel in New York City

Lalique teams up with upscale French eatery Daniel in New York City

The fine dining experience at Daniel has received a gloss up with help from French crystal brand Lalique. 
Lifestyle
N.Irish businesses urge UK against potentially damaging unilateral plans

N.Irish businesses urge UK against potentially damaging unilateral plans

Northern Irish businesses urged Britain to tackle disruption to post-Brexit trade through negotiations with the European Union rather than pursuing unilateral plans published on Monday.
Fashion
Missoni launches tableware line in collaboration with Arnolfo di Cambio

Missoni launches tableware line in collaboration with Arnolfo di Cambio

At Milan Design Week, the Italian fashion label has made its official entry into the table art segment, dropping the Missoni tableware line, made and distributed under license by Siena-based producer Arnolfo di Cambio.
Lifestyle
Seraphina is back on King's Road for seasonal pop-up

Seraphina is back on King's Road for seasonal pop-up

In what’s obviously a very good fit, luxury fashion retailer Seraphina is returning to London’s King’s Road to fulfil another early summer season in a pop-up store there.
Fashion
Made.com says current trading is tough, unveils new CFO

Made.com says current trading is tough, unveils new CFO

​Made.com — the digital lifestyle brand that last week announced it’s buying Trouva — released a trading update on Monday and also revised its guidance for the year ahead.
Fashion
Tough April for UK e-tail points to 'end of digital boom' - report

Tough April for UK e-tail points to 'end of digital boom' - report

​Good news for UK online fashion sales. Not so good news for digital beauty sales. Even worse for the e-tail industry as a whole. And after weak April numbers, it suggests the digital boom could well be over.
Fashion
Faire heads downunder with Australia entry

Faire heads downunder with Australia entry

Online wholesale marketplace Faire announced on Wednesday its entry into Australia, as the U.S. firm expands its global reach beyond North America and Europe. 
Fashion
Philippe Brocart steps down as managing director of Maison&Objet

Philippe Brocart steps down as managing director of Maison&Objet

Philippe Brocart has stepped down as managing director of SAFI, which organizes the Maison&Objet trade show scheduled to kick off on Thursday, March 24. Philippe Delhomme acts as interim director.
Fashion
Hermès booms in 2021, couldn't meet demand in Q4

Hermès booms in 2021, couldn't meet demand in Q4

​Hermès was the latest luxury group to signal a strong recovery on Friday with the French firm’s Q4 and full-year sales highlighting the resilience of the biggest global luxury names both during and after the pandemic.
Luxury
Next creates 'department store' as it merges and expands Watford presence

Next creates 'department store' as it merges and expands Watford presence

​Next is to open a department store in all but name as it transforms its existing sites in the Atria centre in Watford and also adds a Victoria’s Secret, the lingerie brand for which it holds the UK licence.
Fashion
Central and Signa win Selfridges, Holt Renfrew not included

Central and Signa win Selfridges, Holt Renfrew not included

​It’s official — Thailand’s Central and Austria’s Signa are buying Selfridges Group from the Weston family. The transaction “will create one of the world’s leading omnichannel luxury department store groups”.
Fashion