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Retail
UK inflation hits 40-year high of 9%, could derail fashion and beauty recovery
British inflation surged last month to its highest annual rate since 1982, piling pressure on finance minister Rishi Sunak to step up his help for households facing a worsening cost-of-living crisis.
Fashion
Retail
Chanel Watch and Fine Jewelry President Frédéric Grangié on the brand’s experiential super boutique; helming talent and brainstorming at high speed
This Wednesday, Chanel unveiled its new experiential super-boutique in Place Vendôme, the mecca of the fine jewelry industry, and like the house’s founding designs, it feels both luxurious and yet iconoclastic.
Luxury
Retail
Private equity firm buys luxe retailer Hervia, has big growth plans
Luxury retailer Hervia has been acquired by Parabellum — the private equity operation controlled by Rami Cassis — for an undisclosed sum, marking its first move outside of B2B investments and into luxe fashion.
Fashion
Retail
U.S. secondhand market to double by 2026: ThredUp
Online resale platform ThredUp launched on Tuesday the results of its 2022 'Resale Report' revealing that secondhand shopping is becoming a global phenomenon led by North America.
Fashion
Industry
