​Luxury department store Harrods has released its results for the year to the end of January 2023 with the figures highlighting its bounce-back post-pandemic. 

Watches of Switzerland reporting a dip in revenues? Yes, it can happen. It said that Q1’s “robust” demand for luxury watches exceeded supply in UK/Europe and that stifled sales numbers there, as did tough comparisons.

​Farfetch’s Q2 to June 30 saw digital platform GMV and digital platform services revenue growth accelerating to 7% and 10% year-on-year. And it saw record active consumers of 4.1 million, up 7%.

Finnish company Marimekko continues to expand its business in Asia and has opened two new markets, Vietnam and Malaysia, in a loose-franchise partnership with Jaspal Group.

At the helm of Ralph Lauren, CEO Patrice Louvet is navigating the challenges modern times bring for fashion. That includes a world where hoodies are worn to the office and factoring the metaverse into business planning.

​Coach parent Tapestry, which agreed to buy Capri Holdings last week, forecast fiscal 2024 profit and sales below estimates on Thursday after waning U.S. demand for its luxury handbags hurt fourth-quarter results.

Samsonite International SA is exploring the possibility of a second listing in the US as the luggage maker that also owns Tumi looks to broaden its investor base, according to people familiar with the matter.

US retail sales rose in July by more than forecast, suggesting consumers still have the wherewithal to sustain the economic expansion.

Danish jewelry chain Pandora is expanding sales of lab-grown diamonds, adding the synthetic stones to three product collections and introducing them in three new markets. 

​Manju Malhotra, CEO of Harvey Nichols, has quit the role she’s held for just over three years with Pearson Poon, son of the retailer’s majority owner Sir Dickson Poon, to become vice-chairman until a new CEO is found.

During Copenhagen Fashion Week, held from August 7 to 11, FashionNetwork.com spoke to its CEO, Cecilie Thorsmark, regarding sustainability, synergies, and the future of fashion weeks.

Bestseller is opening three standalone stores for its Evoked Vila plus-size brand with a debut in Danish cities, as well as planning further shop-in-shop expansion.

Capri Holdings, owner of Versace, Jimmy Choo, and Michael Kors, reported revenue of $1.23bn for Q1, a 9.6% fall, underlining the challenges it faces and the rationale behind its deal to be acquired by Tapestry.

China has lifted a ban on group tours to a slew of countries including the US, UK, Australia, South Korea and Japan, in a big test of demand for overseas travel from what was once the world’s biggest source of tourists

China's Alibaba Group Holding reported Q1 revenue that beat analysts' estimates as consumer sentiment bounced back from the same time a year earlier when there were strict pandemic-related lockdowns.

When Coach owner Tapestry Inc. and Michael Kors parent Capri Holdings Ltd. began their individual acquisition sprees, each had an opportunity to become the US equivalent of LVMH.