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Canada Goose forecasts upbeat annual sales, profit on China recovery hopes

Canada Goose forecasts upbeat annual sales, profit on China recovery hopes

Canada Goose Holdings Inc, on Thursday forecast annual sales and profit above Wall Street expectations on hopes for a recovery in key China market and as demand for its luxury parkas and jackets stays strong.
Luxury
Burberry raises prices, says China recovery is key, bans exotic skins

Burberry raises prices, says China recovery is key, bans exotic skins

​Burberry’s new CEO looks like he won’t be deviating too much from his predecessor’s luxury strategy and if anything, he’s likely to take the label even further upmarket, while also focusing on its British heritage.
Luxury
Jaeger names new product boss with Suzi Avens stepping in

Jaeger names new product boss with Suzi Avens stepping in

​M&S’s premium Jaeger brand has named Suzi Avens as head of product. The ex-Cath Kidston and Boden exec joins as M&S continues its relaunch of Jaeger and puts plenty of support behind it both in-store and online.
Fashion
Kim Jones invites Eli Russell Linnetz to guest design Dior Men spring collection

Kim Jones invites Eli Russell Linnetz to guest design Dior Men spring collection

The French fashion house will unveil its new men's collection this Thursday, May 19, on Venice Beach, as well as on Facebook. Creative Director Kim Jones will also present a collaboration with the label Erl.
Luxury
Shannon Abloh appointed CEO of Virgil Abloh Securities

Shannon Abloh appointed CEO of Virgil Abloh Securities

Virgil Abloh Securities, a creative corporation founded by the late designer has announced Shannon Abloh as CEO and managing director of the organization.
Luxury
Miami Fashion Week returns, Missoni to headline

Miami Fashion Week returns, Missoni to headline

Miami Fashion Week announced on Wednesday its return to the runway circuit this month, after taking a two-year break due to the Covid-19 pandemic that saw many in-person fashion events cancelled in the last 24 months.
Fashion
Bottega Veneta hires footwear designer Safa Sahin

Bottega Veneta hires footwear designer Safa Sahin

The Turkish designer, who had been head of sneaker design at Balmain since 2019, is joining Bottega Veneta as a consultant designer for footwear. He will work alongside creative director Matthieu Blazy. 
Luxury
Private equity firm buys luxe retailer Hervia, has big growth plans

Private equity firm buys luxe retailer Hervia, has big growth plans

​Luxury retailer Hervia has been acquired by Parabellum — the private equity operation controlled by Rami Cassis — for an undisclosed sum, marking its first move outside of B2B investments and into luxe fashion.
Fashion
Burberry annual sales and profits rise, despite Q4 headwinds

Burberry annual sales and profits rise, despite Q4 headwinds

​The year to early April was a largely good one for luxury group Burberry, despite the undeniable challenges that it faced during the 53-week FY22 period and the pandemic causing problems in China during Q4.
Luxury
Michael Kors' latest collaborations steer the brand to new audiences

Michael Kors' latest collaborations steer the brand to new audiences

The American luxury brand steeped in classic glamour has launched several partnerships geared toward new audiences in recent months. 
Luxury
Millennials, Gen Z to drive luxury market growth in APAC: GlobalData

Millennials, Gen Z to drive luxury market growth in APAC: GlobalData

Millennial and Gen Z locals are forecast to drive luxury market growth in the Asia-Pacific region, according to GlobalData, as internet penetration levels and social media brand engagement increases in the region. 
Luxury
Italian luxury group Zegna sees sales above 2 billion euros in mid-term

Italian luxury group Zegna sees sales above 2 billion euros in mid-term

Italy's Zegna is aiming for revenue above 2 billion euros ($2.1 billion) in the medium term, up from the 1.29 billion euros posted last year, the fashion group said on Tuesday.
Luxury
Big Commerce tech brand becomes an official patron of BFC

Big Commerce tech brand becomes an official patron of BFC

​Software-as-a-service e-commerce platform BigCommerce has been named as an official patron of the British fashion Council (BFC).
Fashion
Filippa K unveils first campaign under new creative chief

Filippa K unveils first campaign under new creative chief

​Swedish label Filippa K has unveiled its first campaign under its recently appointed Creative Director, Liisa Kessler, who previously designed for Saint Laurent, Chloé and Y/Project.
Fashion
Browns calls out AW22 trends: think pink, glam, long coats and denim reboot

Browns calls out AW22 trends: think pink, glam, long coats and denim reboot

Farfetch's luxury fashion store Browns has released its AW22 trend report and an overriding theme is a focus on sustainability, while a return to full-on glam party dressing, platform shoes and rebooted denim are key.
Fashion
Disney and Givenchy launch capsule collection

Disney and Givenchy launch capsule collection

Givenchy announced on Monday a collaboration with Disney introducing a limited-edition capsule collection of luxury ready-to-wear designed by creative director Matthew M. Williams.
Fashion