Luxury

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Retail

Hermès Goes Big at The Shops at Crystals in Las Vegas

With 13,000 square feet of space, the two-level unit is nearly triple the size of the previous store’s 4,700-square-feet.

clock July 20, 2018Sharon Edelson

Delvaux flagship in Milan Delvaux - Milano Boutique

Fashion Scoops

Delvaux to Open N.Y. Flagship on Fifth Avenue

The store, which will be inaugurated in mid-October, will occupy the space formerly housing art and antique dealer A La Vieille Russie.

clock July 16, 2018Alessandra Turra

Borsalino men's Spring/Summer 2019 collection

Mergers and Acquisitions

Haeres Equita Takes Full Control of Borsalino

The private equity, which won an auction bid on Thursday, aims to expand the brand’s business with a focus on Japan and the U.S.

clock July 13, 2018Alessandra Turra

Inside a Victoria's Secret shop on board a cruise ship.

Retail

Cruise Retail Hospitality Delivers on Experience, Brand Relationships

Starboard Cruise Services, a division of LVMH, is shifting toward mega ships where overall retail spaces average 8,000 to 10,000 square feet.

clock July 11, 2018Vicki M. Young

Hermès' first store in a mall in India, in New Delhi.

Business Features

Think Tank: For the Next Luxury Off-line Store, It’s Back to the Future

Dr. Stéphane J.G. Girod, professor of strategy at IMD, explains.

clock July 9, 2018Stéphane J.G. Girod

Fashion Scoops

Volvo Says Americans Are Shifting Their Luxury Thinking

Less is more means fewer purchases along with a decluttering of the closet.

clock June 28, 2018Vicki M. Young

Borsalino postage stamp

Hats, Gloves and More

Borsalino Public Auction Set for July 12

The binding offers for the insolvent company will start from a minimum amount of 6.4 million euros, but private-equity group Haeres Equita will bid more than 7.8 million euros.

clock June 25, 2018Luisa Zargani

arianee luxury blockchain

Technology

Fighting Luxury Fakes With Blockchain Start-up Arianee

Tech firm Arianee will soon test its blockchain tech solution to help luxury brands with authentication.

clock June 18, 2018Adriana Lee

Edward Enninful after receiving his Officer of the Order of the British Empire (OBE) and Naomi CampbellInvestitures at Buckingham Palace, London, UK - 27 Oct 2016

People

Naomi Campbell Calls for Greater Diversity, Modernity, Redefined Retail Strategies at French-American Luxury Exchange

The emergence of new media provides greater opportunities, audiences and outlets for up-and-coming designers, Campbell said.

clock June 9, 2018Rosemary Feitelberg

Business Features

Personal Luxury Goods Set to Grow 6 to 8% in 2018

The global personal luxury goods market is forecast to reach revenues of 276 billion euros to 281 billion euros this year, according to studies released by Altagamma and by Bain & Co.

clock June 7, 2018Sandra Salibian

Fashion Scoops

Blockchain Can Help Authenticate Ownership of Fashion Goods

Global Blockchain is partnering with Hewlett Packard for a storage marketplace.

clock June 4, 2018Vicki M. Young

Kors completed the acquisition of the Jimmy Choo brand in Q2.

Markets

Kors Shares Down on Fiscal 2019 Outlook; Brand to Enter Fine Jewelry Market

Kors brand exits fashion jewelry for fine jewelry category; accessories will be Jimmy Choo’s key growth area.

clock May 30, 2018Vicki M. Young

online shopping

Fashion Scoops

Half of Global Online Traffic to Luxury E-commerce Sites Are From Where?

SEMrush also examined online traffic patterns to see when and where searches occur.

clock May 30, 2018Arthur Zaczkiewicz

A shopping mall in Hong Kong.

Financial

Steady 6.5% Growth Rate Projected for China for Second Half

Growth of the middle class will boost sales of higher-end goods, including luxury items.

clock May 30, 2018Vicki M. Young

Michael Kors' fall ad campaign.

Markets

Kors’ Q4 Beats Estimates; More Acquisitions Contemplated

The company made progress on its Runway 2020 strategic plan for the Michael Kors brand.

clock May 30, 2018Vicki M. Young

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Essentialist

Today's Must Read

A protest by animal rights activiists CAFT (Coalition to Abolish the Fur trade) against the use of fur by the Fashion industry blockades one of the venues for London Fashion Week in the Aldwych.Anti-Fur Protest, London Fashion Week, UK - 17 Sep 2017

Business

U.K. Government Should Consider Banning Fur, Post-Brexit  

clock 11hSamantha Conti

Social Studies