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Celine's sales have skyrocketed since Hedi Slimane's arrival

Celine's sales have skyrocketed since Hedi Slimane's arrival

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.
Luxury
The Mission acquires Influence Sports & Media for £1.5m

The Mission acquires Influence Sports & Media for £1.5m

​Digital marketing and communications group Mission’s agency Mongoose has acquired Influence Sports & Media for an initial consideration of £1.5 million.
Fashion
Half of UK consumers to spend less on fashion this Christmas - report

Half of UK consumers to spend less on fashion this Christmas - report

​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.
Fashion
Acquisitions drive Flannels owner Frasers Group revenue upwards, has big plans for 2023

Acquisitions drive Flannels owner Frasers Group revenue upwards, has big plans for 2023

​Frasers Group’s results for the six month to late October showed the company continuing to prosper, even against a tough backdrop, with overall revenue up 12.7% at £2.638 billion. 
Fashion
Rent the Runway posts record sales quarter, continues to narrow losses

Rent the Runway posts record sales quarter, continues to narrow losses

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. 
Luxury
Elon Musk loses title of world's richest man to LVMH's Arnault

Elon Musk loses title of world's richest man to LVMH's Arnault

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.
Luxury
Last Corner Shop of 2022 goes silver and sustainable at Selfridges

Last Corner Shop of 2022 goes silver and sustainable at Selfridges

Selfridges has opened a silver-themed Reselfridges pop-up at the London flagship store until 8 January. It's part of the fashion retailer’s wider Project Earth mission "to change the way people shop".
Luxury
Burberry in long-term tie-up with youth charity OnSide

Burberry in long-term tie-up with youth charity OnSide

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”.
Luxury
Crisis charity event is back on Savile Row for festive season

Crisis charity event is back on Savile Row for festive season

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.
Fashion
Louis Vuitton wants to recruit 9,000 people by 2025 through its new career site

Louis Vuitton wants to recruit 9,000 people by 2025 through its new career site

New image, expanded content, easy access... LVMH's flagship company is revitalizing its Louis Vuitton Jobs recruitment site with the goal of hiring 9,000 people by 2025.
Luxury
Éric Pfrunder, Karl Lagerfeld’s photography right-hand man, dies at 74

Éric Pfrunder, Karl Lagerfeld’s photography right-hand man, dies at 74

Éric Pfrunder, Karl Lagerfeld’s right-hand-man for his all photography projects, has died at 74. He was ever present at shoots Karl did for Chanel, Fendi and his own eponymous label, and all his editorial projects.
Fashion
Retail "most resilient real estate asset class" in 2022 - Savills report

Retail "most resilient real estate asset class" in 2022 - Savills report

​Retail may have had it tough in recent years, with lots of negative headlines. But a new report says it's turning out to be the most resilient real estate asset class this year, enjoying major investment.
Fashion
Burberry links with Leeds 2023 to celebrate culture in West Yorkshire

Burberry links with Leeds 2023 to celebrate culture in West Yorkshire

Burberry is expanding its cultural and community credentials, announcing a partnership with Leeds 2023, tying itself into a year-long celebration with the city and the wider West Yorkshire region.
Luxury
Department and fashion stores suffer most from pandemic's high street impact - report

Department and fashion stores suffer most from pandemic's high street impact - report

Just how major the changes have been on Britain's high streets after two years of lockdowns and trading restrictions can be seen in a new report, with department stores and fashion retail hit the hardest.
Fashion
Prada hires former Luxottica chief Andrea Guerra as new CEO

Prada hires former Luxottica chief Andrea Guerra as new CEO

Italian fashion group Prada, confirmed on Tuesday that it would name former Luxottica chief Andrea Guerra as its new chief executive officer to ease a transition at the helm to the next generation of the founding family.
Luxury
Battersea Power Station makes senior promotions, launches Christmas makeover

Battersea Power Station makes senior promotions, launches Christmas makeover

​Battersea Power Station has named Sam Cotton Head of Asset Management and Kate Boothman Meier Head of Communications and Marketing following its reopening as a major London mall in October.
Fashion