​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. 

Designer Peter Do is launching a Banana Republic collab with a capsule collection that will drop in selected stores and online  in October. It feeds into the quiet luxury trend and is available with only unisex sizing. 

Honest Co. hired Carla Vernón, a veteran of Amazon.com Inc., to guide the consumer-products startup out of rough waters. Her turnaround bid relies largely on the e-commerce giant’s biggest rival: Walmart Inc.

A too-little, too-late approach helps explain why Lauder execs have cut their annual outlook in the last three quarters. It's grappling with sluggish sales in Asia, supply-chain missteps and product miscues.

​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.

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

​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.

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.

Coach owner Tapestry Inc. needs to turn around the struggling Michael Kors brand to get the most out of its $8.5 billion deal for the line’s parent company, Capri Holdings Ltd. 

​Rumours that Farfetch will exit its beauty business appear to be correct with reports that it will be shut down as soon as 31 August.

Michael Kors owner Capri will be bought by Coach parent Tapestry in an $8.5bn deal, the companies have said, creating a top US fashion house that can better compete with larger European rivals in global luxury.

CVC Capital Partners is exploring a potential stock market listing of German perfume and cosmetics retailer Douglas, people familiar with the matter told Reuters.

L'Occitane International's controlling shareholder is in advanced talks on a potential deal to take the skincare company private ahead of a possible European listing, two people with direct knowledge of the matter said.