Richemont sales unexpectedly jumped by double digits during the holiday shopping season as consumers splurged on Cartier jewellery, a tentative sign that demand for luxury goods may be recovering. Sales soared 10 percent during the three

Heading into 2025, consumers, it seems, are a bit confused. Economic strife and political uncertainty are constant conversation fixtures, and even though inflation has slowed, shoppers are still lamenting prices much higher than those they paid

The Louvre Museum is set to open its premier exhibition dedicated to fashion this month. Celebrating the institution’s department of decorative arts’ masterworks as well as key pieces chronicling the history of contemporary fashion, the presentation

When Harvey Spevak took the helm of Equinox Group in 1999, its properties consisted of five well-appointed gyms. Since then, he has overseen its move into spas, hotels and healthcare to meet its affluent customer base’s

Grace Ling, the New York-based designer known for sleek 3D-printed pieces and structural gowns, will open her first retail store in early February, located between Hudson Yards and Times Square in Manhattan. The 2,000-square-foot space will

What do a hand sanitiser and a beauty product have in common? Not much, until Andrea Lisbona founded the personal care brand Touchland in 2010, which distilled sanitisers enhanced with moisturising ingredients and fragrances into pocket-sized

Kering SA will sell a majority stake in three Paris properties to French private equity firm Ardian, a deal that will net the struggling owner of the Gucci fashion label €837 million ($861 million). A new

Christie’s named a new chief executive officer as part of a wider shakeup in the management of the billionaire Pinault family’s art-related investments. Bonnie Brennan, who’s been at the auction house for the past 13 years,

Proenza Schouler founders Jack McCollough and Lazaro Hernandez are stepping down from their role as creative directors, effective Jan. 31. “Our twenty-year anniversary was a moment of deep reflection for us. The time feels right to

Chinese social media app RedNote has been thrust into the limelight after more than half a million TikTok users recently joined the platform in protest against a likely imminent ban on the short video app in

TikTok plans to shut its app for US users from Sunday, when a federal ban on the social media app could come into effect, unless the Supreme Court moves to block it, people familiar with the

It’s time for AI to get physical. At the National Retail Federation’s annual conference in New York this week, one opportunity discussed by both brands and start-ups was bringing AI analytics into stores, which remain the

From FaceApp to TikTok’s “Aged” filter, it’s clear that people are obsessed with using AI to peer at their older selves. Now, beauty brands are trying to inject some actual science into the technology and turn

India aims to boost its textile and garments industry in next month’s budget with financial support, tariff cuts on key inputs and incentives to produce locally, two government sources said. An ongoing political crisis in neighbouring

“Due to shifting needs at local donation centers, please note that we will only be accepting clothing donations that are new/unused.” “What not to bring: personal clothing donations.” “We’re FULL.” These were a few of the

Opens in new window After years of struggling to parley its fashion authority into topline growth, Prada Group reported its best-ever year in business in 2022. Since then, it’s continued to outperform rivals, reporting surging sales

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The United States has banned imports from another tranche of Chinese companies over alleged human-rights abuses involving the Uyghurs, targeting 37 textile, mining and solar companies, the Department of Homeland Security said on Tuesday. The companies

A pair of Chinese-made social apps, Xiaohongshu and Lemon8, have taken over the top two positions on Apple Inc.’s iPhone download charts in the US as users seek out alternatives to TikTok ahead of an imminent

🇷🇺 Russian billionaire founders feud over e-commerce giant Wildberries. Tatyana Kim, formerly known as Tatyana Bakalchuk before her divorce from Vladislav Bakalchuk, looks to have won the dispute over the future of the $2.7 billion company

On a freezing Monday night in Madrid’s upscale Salamanca neighbourhood, a long line of shoppers wait outside Spain’s only Sézane store. The scene – reminiscent of shoppers queuing outside luxury boutiques post-pandemic – is not unique

In the five years since I played my last professional tennis match, women’s sports have enjoyed an unprecedented surge in mainstream recognition and investment. Today, female athletes are commanding attention and respect on par with their

GQ and Bode are joining forces to host the GQ Bowl, a fashion event at the intersection of sports, style and culture ahead of the biggest weekend in American football. On Feb. 7, two days before

“We need a revolution,” said Japanese e-commerce giant Rakuten’s head of fashion Ryo Matsumura. “Brands need to express their image and identity to consumers, but if the digital solution is limited to video, photo and text,

According to market research firm Fact View Research, accusations that the metaverse was more hype than reality are found to be false. Their recent analysis found that the global fashion metaverse market, which was valued at

Abercrombie & Fitch Co. raised its fourth-quarter sales outlook on better-than-expected holiday sales, but the increase wasn’t enough to reassure investors the retailer could keep up the fast pace of growth. Shares of Abercrombie were down