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UK stores to reopen on June 15, but have consumers turned against fast fashion?

UK stores to reopen on June 15, but have consumers turned against fast fashion?

UK ‘non-essential’ stores have a specific date for when they’ll be able to reopen, June 15, if they have safety measures in place. The question is, whether consumers will return or are they now anti-fashion?
Fashion
Marie-Antoinette's travel bag goes for royal ransom

Marie-Antoinette's travel bag goes for royal ransom

A travel bag belonging to the ill-fated French queen Marie-Antoinette sold for more than five times its estimate in an auction of royal memorabilia near her one-time home at the Palace of Versailles.
Luxury
Harlem's Fashion Row launches nonprofit in support of designers of color during Covid-19

Harlem's Fashion Row launches nonprofit in support of designers of color during Covid-19

HFR will host a virtual fundraiser in order to build funds for Icon 360, a nonprofit made to provide relief to designers of color who are pivoting their businesses in response to Covid-19 and need funding to scale. 
Luxury
Alessandro Michele calls for reformulation of fashion season; and says Gucci will stage digital show in Milan in July, but not in September

Alessandro Michele calls for reformulation of fashion season; and says Gucci will stage digital show in Milan in July, but not in September

One day after Alessandro Michele, creative director of Gucci, revealed on Instagram that the brand would in future stage only two shows per year, the designer called for a reformulation of the fashion calendar. 
Fashion
Bernard Arnault buys one-quarter stake in fellow French patron Arnaud Lagardère’s holding company

Bernard Arnault buys one-quarter stake in fellow French patron Arnaud Lagardère’s holding company

Bernard Arnault, Europe’s richest man, has acquired a one-quarter stake in Arnaud Lagardère’s holding company, in a move that will be seen as an attempt to support the family of his fellow French billionaire.
Fashion
Moose Knuckles names Rob Zeidel new joint CFO, COO

Moose Knuckles names Rob Zeidel new joint CFO, COO

Canadian outdoor lifestyle brand Moose Knuckles has appointed Rob Zeidel as its joint chief financial officer and chief operating officer, effective immediately.
Luxury
Gucci’s Alessandro Michele announces, via Instagram, that brand is abandoning official runway season

Gucci’s Alessandro Michele announces, via Instagram, that brand is abandoning official runway season

Gucci’s creative director Alessandro Michele has announced, via Instagram, that the Italian brand will abandon the official runway season, and will instead stage only two shows per year in for the foreseeable future.
Luxury
Brunello Cucinelli: two co-CEOs join founder at Italian fashion label's helm

Brunello Cucinelli: two co-CEOs join founder at Italian fashion label's helm

As previously announced, Brunello Cucinelli is stepping down from his label's day-to-day running: he remains executive president and creative director, while Luca Lisandroni and Riccardo Stefanelli are the new co-CEOs.
Luxury
Atterley secures Alexandra Shulman as strategic adviser

Atterley secures Alexandra Shulman as strategic adviser

Shulman, who served as editor-in-chief of British Vogue for 25 years, joins the company as it looks to expand its online platform for independent boutiques in the US.
Fashion
Moss Bros reluctant suitor appeals Takeover Panel ruling

Moss Bros reluctant suitor appeals Takeover Panel ruling

The Moss Bros takeover saga is continuing with its now-unwilling suitor saying it will appeal against a ruling telling it the deal must go ahead.
Fashion
Burberry profits fall, but China demand recovers

Burberry profits fall, but China demand recovers

Burberry was hit hard by the Covid-19 crisis at the end of its last financial year and the impact is continuing in the new year. But it's seeing resurgent demand in key Asian markets and its strategy remains on track.
Fashion
Rent the Runway seeking $25 million in funding round

Rent the Runway seeking $25 million in funding round

The digital-first fashion rental service is reportedly seeking $25 million in its latest funding round, which would see the company valued at approximately $750 million, under a previous valuation of $1 billion.
Fashion
Make-up e-sales rise but jewellery is down in latest week says new data

Make-up e-sales rise but jewellery is down in latest week says new data

Demand for make-up globally is at a high while consumers are in lockdown, but jewellery seems to be off their radar for now. That’s the conclusion of new data from Emarsys covering the past week.
Luxury
Gareth Pugh buys back trademark from Rick Owens, plans return to runway as soon as September

Gareth Pugh buys back trademark from Rick Owens, plans return to runway as soon as September

The ​famed English fashion designer is gearing up to reintroduce audiences to his namesake brand, and has bought back his trademark from former mentor Rick Owens. 
Fashion
Canada Goose reportedly lays off 125 workers

Canada Goose reportedly lays off 125 workers

Canada Goose Holdings Inc has laid off about 125 workers, as the Covid-19 pandemic saps demand for the company’s luxury parkas, the Wall Street Journal reported on Wednesday. 
Luxury
Holt Renfrew names Sebastian Picardo new CEO

Holt Renfrew names Sebastian Picardo new CEO

Sebastian Picardo has been named president and chief executive officer of Holt Renfrew, the Canadian luxury retailer announced on Tuesday.
Luxury