The brand, founded in 2003 by Israeli-American designer Nili Lotan, is about to open its first store in Los Angeles, in the Sycamore District. An opening that meets the strong demand of its e-commerce business.
Despite the pandemic, the LVMH-owned luxury label has been experiencing strong growth since 2018. FashionNetwork.com has obtained detailed results for Celine S.A., which hint at the label’s fine global performance.
Consumers have taken a “direct hit” as the cost-of-living crisis eats into their Christmas finances and that’s going to dent their fashion spend, a new study from tax, audit and consultancy firm RSM claims.
Rent the Runway announced on Wednesday record quarterly revenues for the three months ending October 31, on the back of double-digit growth in subscriber numbers, helping the rental platform narrow earnings losses.
Philipp Plein has unveiled, in his new villa in Beverly Hills to present, alongside the rapper Snoop Dogg, an exclusive collaboration called' Pleindogg'. Two ultra-luxury sneakers including one sold for over $5,000.
Elon Musk lost his title as the world's richest person on Wednesday, following his expensive bets to buy the social media firm and selling stocks of his electric-car company to fund the $44 billion deal.
The Italian label’s October and November results are driving it towards a 28% revenue increase this year, while the orders received so far for the Spring/Summer 2023 collection herald a 12% rise next year.
Drawing on the community spirit of its founder Thomas Burberry, luxury fashion house Burberry has formed a long-term partnership with youth charity OnSide “to help alleviate the impact of the cost-of-living crisis”.
London’s Savile Row is showing its charitable side again this festive season. The upscale menswear retail area has reintroduced ‘Crisis at the Cop Shop’, a Christmas charity fundraiser hosted at a former police station.