Mytheresa has today re-opened its iconic Munich luxury boutique, which has been given a striking make-over in a project led by architect Roberto Baciocchi.
Luxury conglomerate LVMH has invested a significant sum in British-based fashion search engine Lyst, it has been reported today.
Topshop and Topman made a combined loss of £10.8m in the year to 28 August 2017 as they were hit by tough high street trading and exceptional charges relating to leases on loss-making stores.
Legendary designer Philippe Starck is back with a third collection for Brazilian footwear giant Ipanema. This time he has pushed the design of this most simple, and democratic, of products even further still by cutting back on the materials even further still. He talks to The Industry about his approach to design, why he thinks the pace of fashion is crazy and, as someone who is an oft-cited inspiration for others, who inspires him.
If the headlines were to be believed you’d think the high-street was in terminal decline and everybody was withdrawing at the speed of knots. Store closures across the board and brands shrinking to survive, it’s armageddon on the high-street, they scream!
Marks & Spencer has reported pre-tax profits after adjusted items of £66.8m, down -62.1% year-on-year, due to the costs incurred by its radical store restructuring, which yesterday it revealed would involve the closure of 100 stores by 2022.
PrettyLittleThing, the Manchester-based fast fashion etailer is set to open its first US HQ on Melrose Avenue in Los Angeles, as it aims to position itself closer to the influencers and celebrities who drive its business.
Supermarket giant Tesco has announced the closure of its non-food e-commerce business Tesco Direct, after concluding there is “no route to profitability for this small, loss-making part of the business”.
Marks & Spencer has, as anticipated, announced it is ramping up its store closure plan with 100 stores to be closed by 2022 as the business undergoes a radical restructuring of its UK store estate.
Italian luxury house Prada, emerging British fashion talent Richard Quinn and legendary fashion designer Pam Hogg will all be honoured at the second annual Jersey Style Awards which will take place on the island next month.