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.
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.
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.
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.
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.
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.
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.