Miscellaneous
The latest news
Farfetch collaborates with 12on12 to celebrate 50 years of Hip Hop
Not all fashion collabs are about fashion. Farfetch's latest link-up comes with music at its heart. It has collaborated with lifestyle brand 12on12 to celebrate 50 Years of Hip Hop for Farfetch Beat 010.
Luxury
Kendall Jenner makes major impact as face of Stella McCartney winter campaign
The more famous the face fronting a campaign, the less adventurous that campaign often is. But nobody could accuse Stella McCartney of playing it safe with her Kendall Jenner-fronted winter 23 imagery.
Fashion
Paul Smith links with Matt Smith for new campaign
Paul Smith’s AW23 and SS24 campaigns will be fronted by British actor “and friend of the brand” Matt Smith, wearing classic tailoring and the label’s Signature Stripe.
Luxury
Harding-Rolls to lead new Eco-Age Advisory Division
Eco-Age, the integrated strategy consultancy founded by Livia Firth, has named George Harding-Rolls to lead its new Advisory Division, focusing on policy and regulation in the fashion sector.
Fashion
BFC links with key groups for diversity census
The British Fashion Council has linked with The Outsiders Perspective and the (Fashion) Minority Report to launch what they say is “a comprehensive review of diversity, equity and inclusion in the UK fashion industry”.
Fashion
Cindy Crawford stars in new MCM heritage campaign as it continues revamp
Nineties supermodels are riding high at present with the new British Vogue cover underling that fact. And they’re scoring plenty of major ad campaigns. The latest is Cindy Crawford fronting MCM’s AW23 heritage campaign.
Luxury
Princess Diana's 'black sheep' jumper to be auctioned
A jumper worn by Britain’s late Princess Diana and depicting a black sheep is headed for auction later this summer with a price estimate of up to $80,000.
Luxury
Stella McCartney launches first luxe bags using Mirum leather alternative
Stella McCartney has launched two key bags in leather alternative Mirum, making them the world’s first luxury handbags made from this new vegan, plastic-free material made by Natural Fiber Welding (NFW).
Luxury
Harrods rebounds in latest year as pandemic becomes more distant memory
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.
Luxury
Farfetch hails progress on key metrics but revenue drops, reports net loss
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%.
Luxury
Coach parent Tapestry forecasts weak 2024 on soft U.S. demand
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.
Fashion
Harvey Nichols chief quits, will leave later this year
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.
Luxury
Michael Kors, Versace owner Capri says revenue fell almost 10% in Q1
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.
Fashion
China allows group tours to US, UK, boosting luxury sector
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
Luxury
Alibaba beats quarterly revenue estimates
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.
Fashion
Analysis: Louis Vuitton's owner may finally see a US challenger
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.
Luxury