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Hermès opens third store in London's Harrods

Hermès opens third store in London's Harrods

​Hermès has opened an entirely new space inside London’s Harrods, dedicated exclusively to women’s product. The store celebrates the “depth and richness” of its female-focused collections”.
Luxury
World's most valuable apparel brands: Nike, Gucci top again, ASOS and Boohoo are buoyant

World's most valuable apparel brands: Nike, Gucci top again, ASOS and Boohoo are buoyant

Nike has once again claimed the title of the world’s most valuable apparel brand. It’s the seventh year in a row that it has taken top spot in the annual Brand Finance ranking.
Fashion
Hermès buoyant in Q1 as Asia, US and online soar

Hermès buoyant in Q1 as Asia, US and online soar

​Hermès had a good first quarter as all of its business lines returned to growth and the company said it saw "a remarkable increase" in ready-to-wear and accessories, as well as watches and other categories. 
Luxury
Gucci rebound drives Kering's sales up 26% in Q1

Gucci rebound drives Kering's sales up 26% in Q1

Sales at Kering rose by 26% in the first quarter of 2021, led by a strong rebound for its star label Gucci, with growth in Asia and the United States more than offsetting new coronavirus lockdowns in much of Europe.
Luxury
Balenciaga winter 2021 pre-collection: Yearning for global travel

Balenciaga winter 2021 pre-collection: Yearning for global travel

With European populations slowly but surely being vaccinated, designers on the Continent are suddenly expressing a new optimism. Few more so than Demna Gvasalia of Balenciaga in Balenciaga's winter 2021 pre-collection.
Fashion
Tmall Luxury Pavilion gives digital boost to Watches and Wonders

Tmall Luxury Pavilion gives digital boost to Watches and Wonders

Alibaba’s luxury e-commerce platform has partnered with the luxury watch fair organized by the Fondation de la Haute Horlogerie in order to enhance the event’s digital capabilities.
Luxury
Bucherer expands into Covent Garden, adds pre-owned in UK

Bucherer expands into Covent Garden, adds pre-owned in UK

​Watches specialist Bucherer is continuing its drive into the UK with the opening of a new flagship boutique in Covent Garden, London.
Luxury
LVMH shares hit record high after strong sales figures

LVMH shares hit record high after strong sales figures

LVMH's shares rose to record highs on Wednesday after the world's biggest luxury goods company posted sales figures that showed it had bounced back far more quickly than expected in early 2021.
Luxury
Stellar Vuitton growth powers LVMH sales in first quarter

Stellar Vuitton growth powers LVMH sales in first quarter

Surging sales at Louis Vuitton and Dior helped French luxury giant LVMH make a very strong start to 2021, with overall revenues returning to growth in the first quarter despite new coronavirus lockdowns in Europe.
Luxury
Swiss watch expo switches to Shanghai after virtual debut

Swiss watch expo switches to Shanghai after virtual debut

Geneva's international expo of fine watches switches to Shanghai on Wednesday for a physical version after staging an online edition to keep the prestigious fair going during the pandemic.
Luxury
Shoppers in England and Wales flock to physical stores on reopening day

Shoppers in England and Wales flock to physical stores on reopening day

They’re back! Shoppers were out in full force up and down the high streets and shopping centres of England and Wales for the grand reopening of non-essential retail on Monday (12 April).
Fashion
StockX valued at $3.8 billion after latest funding round

StockX valued at $3.8 billion after latest funding round

The Detroit-based online resale platform announced on Thursday that it has completed a new funding round, bringing the company’s total valuation up to $3.8 billion.
Fashion
Gucci launches first luxury watch line

Gucci launches first luxury watch line

After stepping into fine jewellery, luxury brand Gucci has diversified into luxury watch-making with a dedicated collection conceptualised by creative director Alessandro Michele and manufactured in Switzerland.
Luxury
Swiss watchmakers go digital to show off new products, revive sales

Swiss watchmakers go digital to show off new products, revive sales

Luxury Swiss watchmakers, usually not fans of online retailing, are launching a new digital Watches & Wonders event on Wednesday to show off their latest products, hoping to revive sales hit by the coronavirus crisis.
Luxury
Net-A-Porter launches entertainment-first global campaign

Net-A-Porter launches entertainment-first global campaign

​Net-A-Porter has launched a new global campaign that not only marks a new season but also a reopening in large parts of the world as vaccinations allow tentative steps back to normality. 
Luxury
Size alone matters as Watchfinder moves into genderless retail

Size alone matters as Watchfinder moves into genderless retail

Watchfinder & Co is going genderless. It claims to be the first UK luxury watch retailer to remove all gender labels from its website and stores.
Luxury