​UK inflation has continued to fall with the Office for National Statistics saying Wednesday that the Consumer Prices Index (CPI) rose by 3.2% in the 12 months to March 2024, down from 3.4% in February.

One key test of an artist or designer is whether they have a powerful signature style, which explains the remarkable longevity of Jean-Charles de Castelbajac who on Wednesday launched a limited edition watch with MB&F.

Bengaluru-based fashion retailer Myntra has acquired the India distribution rights for UK-based fashion brand Next in a deal that pushes Next towards its goal of greater global expansion. 

Shein made more that $2 billion in profits from around $45 billion in gross merchandise value last year. The China-founded but now Singapore-based business had recorded net income of $700 million in 2022.

PVH Corp. announced on Monday a 2% uptick in revenues to $9.218 billion for the year 2023, held back by a sluggish North America wholesale segment at its Calvin Klein brand.

PLBY Group has reported total revenue from continuing operations for 2023 fell 23% to $143 million, hit by a decline in the company's direct-to-consumer sales and licensing revenues.  

Intimate and apparel brand Knix has announced the appointment of actress, producer, and best-selling author, Gabrielle Union, as its newest brand ambassador.

Dior and UNESCO staged their latest Women@Dior & UNESCO Global Conference Thursday, as over 1,000 women gathered to hear speeches and testimonies from luxury executives, mentees, mentors and even a Nobel Prize winner. 

Fast Retailing has revealed the date of its newest Central London store with the 1,300 sq m flagship set to open on 18 April. It covers two floors with entrances on Charing Cross Road and Oxford Street.

M&S will be launching a TV programme early this autumn, searching nationwide for its next in-house fashion designer.

The French fashion group has named Carole Grandjean as head of human resources, after the MP and former minister for education and professional training decided to return to the private sector.

Bologna-based La Perla Manufacturing, the La Perla group’s production company, is reportedly about to go into administration, while Italy’s authorities are hoping the procedure will apply to the whole group.

​Matalan launched a multi-million pound brand platform on Friday that it said “represents a return to [our] family roots”, showing families across the UK that “we get you, and we’ve got you”.

​UKTights.com has acquired its rival Luxury Legs, which brings with it a turnover of £1.5 million that adds to its new owner’s annual turnover of £1.5 million to £2 million in the past couple of years.

​The UK luxury sector is now worth £81 billion a year to the UK economy and supports 450,000 jobs, according to a new report by British luxury body Walpole. 

​After winning its court case against the government’s refusal to allow it to redevelop its Marble Arch flagship in London, retail giant M&S now has three weeks to formally resubmit its plans for the building.