Aritzia Seeks to More Than Double Sales by 2032
New categories and brick-and-mortar expansion beyond North America are set to drive Aritzia’s quest to hit $10.5 billion CAD ($7.5 billion).
accessories
Financial Markets
Handbags, Apparel Hit as Trump Tariffs Target Consumers
The new list of products subject to duties has been expanded to target categories such as sporting goods and apparel items.
Luxury
Bottega Veneta Names Daniel Lee New Creative Director
The British designer, who was most recently director of ready-to-wear at Céline, begins July 1.
Financial Markets
Mansur Gavriel to Launch Men’s Line
Floriana Gavriel and Rachel Mansur are expanding their cult label into men’s clothing and accessories.
News & Analysis
Richemont in Talks to Sell Lancel
The luxury-goods group is in talks to sell Lancel to Italian briefcase maker Piquadro, to put its struggling fashion and accessories business back on track.
News & Analysis
Claire's Plans Bankruptcy, With Creditors Taking Over
The fashion accessories chain is preparing to file for bankruptcy in the coming weeks, according to sources.
Luxury
The Handbag Battlefield: Louis Vuitton, Gucci and Prada
How are luxury megabrands Louis Vuitton, Gucci and Prada evolving their strategies in the all-important women’s handbag war?
News & Analysis
Is Wandler the Next Street Style ‘It-Brand’?
This month, our Spotlight shines on Wandler, an Amsterdam-based leather goods brand whose bold, architectural handbags have attracted interest from global retailers in its first season.
Retail
The Psychology of Designer Handbags
Alexandra Shulman reflects on why shoppers invest so much emotionally and financially in one of the luxury industry's most powerful products.
Technology
With Lab-Grown Leather, Modern Meadow Is Engineering a Fashion Revolution
The New Jersey-based start-up is bringing the awesome potential of synthetic biology to the fashion industry, unlocking powerful business, creative and public relations benefits.
News & Analysis
Three Instagram-Famous Bag Brands with a New Formula for Success
Uniqueness, accessible pricing and a strong social media presence are buoying niche bag brands like Cult Gaia, Staud and Danse Lente.
News & Analysis
Socks, Fashion's New Secret Weapon
Once the preserve of mass-market retailers and specialised hosiery firms, socks have become an accessible staple on fashion’s new frontier.
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."
The News in Brief
Pop Mart Quarterly Sales Fall Up to 50% as Labubu Fad Cools
Sales in the Americas fell 70 to 75 percent.
Zegna to Take Summer Fashion Show to Beijing
The Italian label has continued to enjoy solid growth in China, defying a wider downturn in demand for European luxury. The June 11 presentation of its summer collection will be the latest in a series of travelling shows.
Beiersdorf Sales Slightly Miss Expectations on Nivea Weakness
The German consumer goods maker marginally missed market expectations for third-quarter sales growth on Tuesday, with its key Nivea brand posting a third straight quarterly sales decline.
Audemars Piguet to Certify Its Pre-Owned Watches Following Rolex
Whereas Rolex is both a buyer and seller of its second-hand watches through official retail partners, Audemars is setting up a marketplace where sellers set prices.
Mike Ashley’s Frasers Says It’s Taken Control of Hugo Boss
The British retail group has pushed its stake in the German apparel brand above 50 percent in a move that will turn Hugo Boss into a subsidiary of Frasers.
Shein Agrees to Pay $100 Million to Settle US FTC Probe
The settlement, equivalent to 44 percent of the ultra fast-fashion company’s second-quarter profit, is the latest blow amid regulatory and tax crackdowns in Europe and the US that have hampered Shein’s growth.
Kering Drops 12% as Luxury Braces for Tough Winter
The recovery long promised by luxury brands seems nowhere in sight, as the expansion of war in the Middle East, along with China’s tax crackdown on the wealthy, piled further pressure on the world’s biggest luxury conglomerates in the third quarter, and executives buckled in for a tough winter.