Footwear
The latest news
Global labels among Matches creditors to get back very little, offers come in
A new filing by Matches' administrators shows there’s been plenty of interest in buying it but that even if it was sold as a going concern, any new owner would have to deal with its severely dented reputation.
Luxury
Loop Generation opens Chelsea store, carries host of big-name labels
Loop Generation, the e-tailer for pre-loved designer fashion, has opened a physical store in London’s Chelsea.
Fashion
R.M. Williams opens refurbished Melbourne store
Luxury bootmaker R.M.Williams has opened the doors to its Melbourne Central store, unveiling a full refurbishment that serves as an immersive and creative experience for shoppers.
Fashion
Kering warns profit to tumble following Gucci woes in China
Kering SA warned that profit will plunge in the first half of the year after wealthy shoppers curbed spending on Gucci products.
Luxury
Vivienne Westwood's own clothing to be auctioned in June
Vivienne Westwood’s personal wardrobe is going up for auction in London, including ballgowns, tweed suits and more.
Fashion
Tapestry and Capri Holdings defend merger plans after FTC bombshell
After news that the FTC in the US wants to block Tapestry’s takeover of Capri Holdings on competition grounds, both companies have issued statements defending their plans.
Luxury
US FTC sues to block $8.5 billion takeover of Capri by Tapestry
The U.S. Federal Trade Commission on Monday sued to block Tapestry's $8.5 billion deal to buy Capri saying it would eliminate "direct head-to-head competition" between the brands of the two luxury handbag makers.
Luxury
Central's search for new Selfridges partner goes on, reportedly in talks with possible buyers
Middle Eastern and Chinese investors are reportedly eyeing a Selfridges stake as Thailand-based Central Group continues to seek an owner-partner to replace failed co-owner Signa.
Fashion
News analysis: could troubled Dr Martens be taken over as potential buyers circle?
Dr Martens is heavily focused on its recovery, but that turnaround may not happen under its current ownership structure with a report saying it’s being eyed for a takeover by a number of major non-UK firms.
Fashion
TikTok announces Preowned Luxury category, UK's 'big 5' resellers sign up
TikTok Shop has just launched a Preowned Luxury category in the UK and US, which it said will “enable the community to browse and purchase authentic luxury fashion without ever having to leave TikTok”.
Fashion
LVMH highlights its socio-economic impact at its Annual General Meeting
For once, Bernard Arnault, CEO of the world's number one luxury goods group, and his teams emphasised the group's social approach at its Annual General Meeting in Paris on Thursday morning.
Luxury
Valentino is new International Booker Prize event sponsor
Valentino has formed a new cultural partnership and has been announced as the sponsor of the International Booker Prize 2024 ceremony.
Luxury
Boss Bali activation adds unique experience to SS24 launch
The Boss brand is opening the doors of Boss House Bali to a “select group” of Hugo Boss Experience members, as well as VIP customers, media, and “key tastemakers” from Asia-Pacific with an online global element too.
Luxury
Harvey Nichols names Alexander McQueen exec Goddard as its new CEO
Harvey Nichols has faced tough conditions in recent years but it’s now hoping for better times ahead with the announcement of a new CEO from one of luxury's major labels.
Fashion
Nicki Minaj x LØCI sneaker collab reports record sales conversion
Two weeks ago we reported on the unveiling of the Nicki Minaj x LØCI sneaker collab and it seems that the launch a few days ago was a big success.
Fashion
Hermes can surpass Vuitton as luxury’s biggest brand, Citi says
Hermes has potential to surpass LVMH’s flagship Louis Vuitton in the coming years as the luxury industry’s biggest brand by turnover, according to Citigroup Inc. analysts.
Luxury