Fayed Abuse Victims Seek Up to £150 Million From Harrods
The retailer currently has a £62 million provision set aside for redress payments, but victims’ lawyers say more is likely needed.
accessible-luxury
Luxury
Op-Ed | How Premium Mediocre Conquered Fashion
Brands are giving the masses the illusion that they are consuming luxury, when in reality they are doing nothing of the sort, argues Eugene Rabkin.
Op-Ed | How Premium Mediocre Conquered Fashion
Brands are giving the masses the illusion that they are consuming luxury, when in reality they are doing nothing of the sort, argues Eugene Rabkin.
China
Shandong Ruyi Has Ambitious Plans to Dethrone LVMH
The Chinese company reveals plans to target affordable luxury with LVMH as its dream competitor.
Shandong Ruyi Has Ambitious Plans to Dethrone LVMH
The Chinese company reveals plans to target affordable luxury with LVMH as its dream competitor.
Luxury
Tapestry, One Year In
Chief executive Victor Luis talks China, challenges at Stuart Weitzman and high hopes for Kate Spade New York.
Tapestry, One Year In
Chief executive Victor Luis talks China, challenges at Stuart Weitzman and high hopes for Kate Spade New York.
Luxury
Jason Wu Parts Ways with Hugo Boss
The designer's Autumn/Winter 2018 show will be his last collection for the German house, which is shifting focus away from its womenswear business.
Jason Wu Parts Ways with Hugo Boss
The designer's Autumn/Winter 2018 show will be his last collection for the German house, which is shifting focus away from its womenswear business.
Luxury
Coach Shares Sink After Kate Spade Acquisition Weakens Forecast
Coach Inc's weaker-than-expected annual forecast sent shares down by the most in four-and-a-half years. Projected earnings were hurt in part by efforts to pull Kate Spade from many department stores.
Coach Shares Sink After Kate Spade Acquisition Weakens Forecast
Coach Inc's weaker-than-expected annual forecast sent shares down by the most in four-and-a-half years. Projected earnings were hurt in part by efforts to pull Kate Spade from many department stores.
Luxury
How Ganni Reinvented Scandinavian Style
What began as a niche cashmere line has blossomed into a brand with almost $60 million in annual revenue and plans to take the quintessential Copenhagen girl global.
How Ganni Reinvented Scandinavian Style
What began as a niche cashmere line has blossomed into a brand with almost $60 million in annual revenue and plans to take the quintessential Copenhagen girl global.
Luxury
Can Anyone Really Build an American LVMH?
Both Coach Inc. and Michael Kors have signalled their ambitions to build a homegrown version of the European luxury conglomerate. Can they succeed where others have failed?
Can Anyone Really Build an American LVMH?
Both Coach Inc. and Michael Kors have signalled their ambitions to build a homegrown version of the European luxury conglomerate. Can they succeed where others have failed?
Luxury
How Bella Freud Is Sustaining Success in Her Second Act
Bella Freud's first fashion business was a victim of the 'murderous' recession. Now, as she launches a collection with J Brand, she tells Tim Blanks how her career was reactivated almost by accident.
How Bella Freud Is Sustaining Success in Her Second Act
Bella Freud's first fashion business was a victim of the 'murderous' recession. Now, as she launches a collection with J Brand, she tells Tim Blanks how her career was reactivated almost by accident.
News & Analysis
The Perennially Difficult Paradox of Accessible Luxury
"Brands like Michael Kors and Coach have long ridden a delicate line — is it sustainable?"
The Perennially Difficult Paradox of Accessible Luxury
"Brands like Michael Kors and Coach have long ridden a delicate line — is it sustainable?"
News & Analysis
Stuart Vevers on Selena Gomez as His New Campaign Girl
"For the uninitiated, Gomez is the most followed person on Instagram with 122 million followers."
Stuart Vevers on Selena Gomez as His New Campaign Girl
"For the uninitiated, Gomez is the most followed person on Instagram with 122 million followers."
Luxury
Mulberry Profit Rises 21 Percent Helped By Online Sales
The British luxury brand said it had benefitted from well received new products and increased online sales, reporting annual pretax profit of £7.5 million.
Mulberry Profit Rises 21 Percent Helped By Online Sales
The British luxury brand said it had benefitted from well received new products and increased online sales, reporting annual pretax profit of £7.5 million.
Retail
J. Crew Seeks Debt Swap Amid Declining Sales
J.Crew, which is struggling to adjust as shoppers flock to online commerce amid changing tastes, announced a debt swap on Monday, in addition to a fall in its quarterly sales.
J. Crew Seeks Debt Swap Amid Declining Sales
J.Crew, which is struggling to adjust as shoppers flock to online commerce amid changing tastes, announced a debt swap on Monday, in addition to a fall in its quarterly sales.
The News in Brief
Puig Acquires Sun Care Brand Isdin
The conglomerate bought its former partner’s 50 percent share to take full ownership of the Spanish skincare label.
Hugo Boss Chairman to Step Down Amid Frasers Group Pressure
Stephan Sturm is stepping down, as the German fashion house's largest shareholder seeks to beef up its board representation alongside its takeover bid for the brand.
CFDA’s Steven Kolb Involved in Altercation with PETA Protestors
The trade body’s president physically restrained animal rights activists after they stormed a Cos runway show at New York Fashion Week.
GQ Philippines Names Danyl Geneciran Editor in Chief
The former Vogue Man Philippines editor will helm GQ’s 23rd international title, whose debut issue features covers starring Darren Criss, Jordan Clarkson and Erwan Heussaff.
Human Made Discloses $3.6 Million Undercover Purchase Price and Long-Term Financial Targets
The Tokyo-listed company will pay $3.6 million in cash for 100 percent of Undercover, with founder Jun Takahashi relinquishing corporate duties to focus solely on design.
Arizona Accuses L’Oréal of Concealing Cancer Risks Linked to Hair Relaxers
The beauty conglomerate faces over 12,000 similar lawsuits filed by individuals that have been consolidated in a Chicago federal court.
Space NK Names New CEO, Andy Lightfoot Steps Down
Chief marketing officer Emma Simpson-Scott will succeed Lightfoot, who is leaving the UK retailer after seven years at the helm.