Luxury

Luxury

Dior goes back to basics as Chiuri waits in wings

Dior goes back to basics as Chiuri waits in wings With Italian designer Maria Grazia Chiuri expected to take the reins at Christian Dior within days, the French fashion house went back to its eminently wearable roots in its Paris haute couture show Monday. Christian Dior 2016-2017 fall/winter Haute Couture – ©François Guillot / AFP

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Moncler opens San Francisco store

Moncler opens San Francisco store Moncler has added a new branch to its international retail network, by opening its first store in San Francisco, and more precisely in Union Square, a choice shopping location in the heart of the city. Moncler A large display-window to the right of the entrance opens up on the Moncler

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Gucci takes fashionistas to Westminster Abbey for catwalk show

Gucci takes fashionistas to Westminster Abbey for catwalk show London’s Westminster Abbey has hosted royal weddings as well as burials and memorials for numerous famous British subjects. On Thursday, its cloisters were the setting for a rather different gathering — a fashion show. Italian luxury label Gucci took fashionistas to the famed venue, where Britain’s

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Wal-Mart sues Visa for resisting use of PIN-based transactions

Wal-Mart sues Visa for resisting use of PIN-based transactions Wal-Mart Stores Inc filed a lawsuit against Visa Inc, saying the payments network operator was resisting the use of personal identification numbers (PINs) by customers for purchases made on debit cards at its stores. Wal-Mart and other U.S. retailers have pushed their payment partners to allow

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Ailing Hugo Boss to cut rent costs, focus on menswear

Ailing Hugo Boss to cut rent costs, focus on menswear Germany’s Hugo Boss will seek to cut costs by renegotiating rents, shutting stores and shifting marketing spending back to its core menswear business after quarterly sales and profits fell short of expectations.

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Dover Street Market reopens in London

Dover Street Market reopens in London On March 19, Dover Street Market, Rei Kawakubo’s multi-brand retail concept, reopened in a new location in London. Dover Street Market – Cajsa Carlson The new Dover Street Market has five floors and feels spacious and open. At 31,384 sqft., it’s three times the size of its former space

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Hermes posts 8.1 pct rise in 2015 sales

Hermes posts 8.1 pct rise in 2015 sales Hermes posted an 8.1 percent rise in full-year sales at constant exchange rates on Wednesday, one of the highest growth levels in the luxury goods industry but marking a clear slowdown from 2014. The French luxury brand added that 2016 sales growth could be below its medium-term

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Bulgari targets Chinese shoppers with mainland boutiques

Bulgari targets Chinese shoppers with mainland boutiques Bulgari is investing more than ever in China, aiming to tap in to the growing reluctance of Chinese shoppers to buy abroad due to security fears, stricter customs checks and a devaluation of its currency. The world’s third-largest watch and jewellery brand, part of luxury goods powerhouse LVMH,

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Michael Kors announces plans to open Men’s store in Moscow this month

Michael Kors announces plans to open Men’s store in Moscow this month American designer of apparel, shoes and accessories, Michael Kors announced the opening the first Michael Kors Men store in Moscow, Russia this December. Located in the Metropolis Mall, the almost 1,200 square-foot store plans to offer apparel, sportswear, watches, eyewear, and leather bags,

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Ralph Lauren expanding in Europe

Ralph Lauren expanding in Europe On 13th November Ralph Lauren opened its first European Polo store in Rome. The opening is part of the brand’s new strategy of clearly segmenting its offering, distinguishing between its premium collections and the more commercial Polo Ralph Lauren line. Polo is set to become one of the growth vectors

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Hermes’ Q3 sales growth slows less than expected

Hermes’ Q3 sales growth slows less than expected French luxury group Hermes’ sales beat expectations in the third quarter, despite a slowdown in the rate of growth, helped by demand for leather goods and ready-to-wear fashion. Hermes stuck to its target of increasing annual sales by 8 percent at constant exchange rates on Thursday, after

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Dundas brings fresh take on Cavalli in debut line

Dundas brings fresh take on Cavalli in debut line Peter Dundas presented his debut collection as creative director of Italian fashion house Roberto Cavalli on Saturday, offering a youthful take on a brand known for bold animal prints. Dundas takes on the main designer role from founder Roberto Cavalli, 74, and his wife, Eva. Roberto

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