The latest news
Retail report: The resale market’s current playing field
The pre-owned goods sector is poised for massive growth in the next five years. FashionNetwork.com looks at some of its key players.
Authentic Brands Group buys Hunter's IP, names license partners
Authentic has acquired rain boots specialist Hunter — or to put it more accurately, it has acquired the “intellectual property” of the brand and named two key partners for the UK/Europe and the US.
Edward Enninful to exit British Vogue, taking on global advisory role
And another one bites the dust. Edward Enninful is to exit British Vogue the magazine has made known, making him the latest editor-in-chief of a Vogue in the past several years to exit their position.
Farfetch names new Off-White CEO, New Guards chair as founders depart
Farfetch announced on Thursday that Cristiano Fagnani has been appointed to the role of CEO of Off-White, while remaining in charge of New Guard Group's Reebok business as CEO of NGG++.
Eraldo Poletto named new CEO of Italian footwear brand Santoni
The former CEO of Furla and Ferragamo, and board member of the Italian luxury footwear brand, will take over from Giuseppe Santoni, who is staying on as board chairman and executive president.
Appeal of quiet luxury trend confirmed by JOOR wholesale data
The quiet luxury trend has been making a big impact this year, despite some scepticism about its durability, but wholesale data appears to show it’s being backed by retail buyers.
YMC announces death of co-founder
YMC — the London-based independent retail brand whose initials stand for You Must Create — has announced the death of its co-founder Fraser Moss. The company said Moss died on 27 May.
Sneaker marketplace Laced raises new funding
Laced — the British sneaker marketplace — is aiming to make access to in-demand products fairer and has raised £10 million/€11.2 million to help it do that.
Dr Martens admits mistakes but stays confident for future growth
Results from Dr Martens contained a mix of good news and bad, but too much of the latter. However, the company is generally headed in the right direction on many fronts despite areas of weakness that must be addressed.
Cavalli kicks off summer collection tour with Selfridges show and pop-up
There are special collections and really special collections and the latest from Roberto Cavalli, that’s set to make waves at Selfridges, is undeniably one of the latter.
Nordstrom delivers surprise profit as inventory woes ease
Nordstrom Inc posted a surprise first-quarter profit on Wednesday as better inventory control and demand from wealthy shoppers helped the company defy an inflation-driven slump in retail spending.
Michael Kors owner Capri cuts revenue forecast as US demand wavers
Michael Kors parent Capri Holdings Ltd on Wednesday cut its annual sales forecast as demand for its handbags and shoes weakens in the United States, sending its shares down nearly 9% in early trading.
Sportswear rules! Surge continues as data shows what's driving media impact
The latest data report from Launchmetrics shines the spotlight on sportswear and the headlines story is — perhaps unsurprisingly — that athleisure and sneakers continue to be key drivers while luxury is also important.
Simone Bellotti is new Bally Design Director after Villaseñor's exit
Swiss luxury brand Bally on Wednesday named Simone Bellotti as its Design Director leading its design studio. It’s an internal promotion with Bellotti having joined the firm back in October after 16 years at Gucci.
Rene Caovilla opens Selfridges pop-up
Late spring and summer are favourite times for pop-ups and with event season getting under way in the UK, many of them focus on the dressier end of the fashion story.
Chanel to double London HQ space
News last week that Chanel’s sales rose in double digits in 2022 was followed by the company saying it would double the size of its global HQ in London’s Mayfair and will move in during 2025.