Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
travel-retail
China
The China Edit | Millennial Spending Poses Debt Risk, Michael Jordan Scores Legal Win
Spending and borrowing by Chinese millennials poses a risk to China's fast-growing debt, and basketball player Michael Jordan scores a legal win for his Chinese name.
The China Edit | Millennial Spending Poses Debt Risk, Michael Jordan Scores Legal Win
Spending and borrowing by Chinese millennials poses a risk to China's fast-growing debt, and basketball player Michael Jordan scores a legal win for his Chinese name.
Luxury
Tag Heuer CEO Say New Models Helping to Buck Downturn
Tag's new models are helping it offset the wider challenges of a downturn in the Swiss watch industry.
Tag Heuer CEO Say New Models Helping to Buck Downturn
Tag's new models are helping it offset the wider challenges of a downturn in the Swiss watch industry.
China
The China Edit | Hong Kong's Homegrown Talent, Rise of Domestic Shopper
This week, China looks to its homegrown talent in Hong Kong to drive the future growth of its fashion industry, and the owners of outlet park Bicester Village take a bet on growing demand from domestic Chinese consumers by opening a second outlet park.
The China Edit | Hong Kong's Homegrown Talent, Rise of Domestic Shopper
This week, China looks to its homegrown talent in Hong Kong to drive the future growth of its fashion industry, and the owners of outlet park Bicester Village take a bet on growing demand from domestic Chinese consumers by opening a second outlet park.
News & Analysis
Luxury For Less: Tourists Are Winners in Pound's Drop
The pound has lost almost a fifth of its value against the dollar since the June 23 referendum on EU membership because of uncertainty about Britain's economic prospects.
Luxury For Less: Tourists Are Winners in Pound's Drop
The pound has lost almost a fifth of its value against the dollar since the June 23 referendum on EU membership because of uncertainty about Britain's economic prospects.
Global Markets
After Death of Thai King, Luxury Market Wavers
With a year-long mourning period and a possibly less-than-smooth transition planned, what does the future hold for Thailand's luxury sector?
After Death of Thai King, Luxury Market Wavers
With a year-long mourning period and a possibly less-than-smooth transition planned, what does the future hold for Thailand's luxury sector?
China
The China Edit | ZTO Express Eyes IPO, Alibaba's Payment By Nodding
This week, logistics company ZTO Express set terms for what could be the largest US initial public offering this year and Alibaba introduced a new payment system that allows shoppers to make a payment by nodding.
The China Edit | ZTO Express Eyes IPO, Alibaba's Payment By Nodding
This week, logistics company ZTO Express set terms for what could be the largest US initial public offering this year and Alibaba introduced a new payment system that allows shoppers to make a payment by nodding.
News & Analysis
Chinese Shoppers to Make Asia Surpass Europe for Duty-Free Market Share by 2020
"As more Chinese consumers embark on international trips, their effect on the global duty-free retail market is becoming more apparent."
Chinese Shoppers to Make Asia Surpass Europe for Duty-Free Market Share by 2020
"As more Chinese consumers embark on international trips, their effect on the global duty-free retail market is becoming more apparent."
News & Analysis
In Venice, Duty-Free Shopping Takes on a Whole New Look
"The Fondaco is being rechristened T Fondaco dei Tedeschi and turned into a 72,355-square-foot luxury emporium for the Hong Kong-based DFS
In Venice, Duty-Free Shopping Takes on a Whole New Look
"The Fondaco is being rechristened T Fondaco dei Tedeschi and turned into a 72,355-square-foot luxury emporium for the Hong Kong-based DFS
News & Analysis
Chinese Tourists in Asia are Spending Less But Travelling More
"Average spending dropped by a whole 30 percent across all nationalities in August, with lower spending among Chinese travellers."
Chinese Tourists in Asia are Spending Less But Travelling More
"Average spending dropped by a whole 30 percent across all nationalities in August, with lower spending among Chinese travellers."
Retail
The Potential of Pilgrim Retail
New retail developments in Jeddah and Mecca are evidence of the opportunity presented by increasing numbers of pilgrims travelling to Saudi Arabia.
The Potential of Pilgrim Retail
New retail developments in Jeddah and Mecca are evidence of the opportunity presented by increasing numbers of pilgrims travelling to Saudi Arabia.
Luxury
224-Year-Old Goyard Seduces Luxury Giants
Goyard is among the last of its kind not swallowed up by a larger peer, however Kering chief executive officer Francois-Henri Pinault would not be averse to adding it to his company’s stable of brands, a person familiar with the matter said.
224-Year-Old Goyard Seduces Luxury Giants
Goyard is among the last of its kind not swallowed up by a larger peer, however Kering chief executive officer Francois-Henri Pinault would not be averse to adding it to his company’s stable of brands, a person familiar with the matter said.
News & Analysis
Tapping Travel Retail Amidst Terror
In an increasingly volatile world, retailers must build a global footprint, be flexible and tap travelling consumers at their point of departure.
Tapping Travel Retail Amidst Terror
In an increasingly volatile world, retailers must build a global footprint, be flexible and tap travelling consumers at their point of departure.
The News in Brief
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
Marco De Vincenzo Exits Etro
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.
Exclusive: Akt London Enters Sephora
The UK label will roll out its hero deodorant to Sephora US doors and launch its full assortment online as the LVMH-owned retailer expands its body care offering.
Zalando Forecasts 2026 Profit Jump Driven by AI Boost
The European retailer forecast a rise in full-year adjusted operating profit and announced a share buyback, citing the productivity and cost-saving benefits of AI.
Lululemon Founder Warns CEO Candidates That Board Needs Overhaul
Chip Wilson wrote an open letter to potential candidates for the activewear brand’s next chief executive warning them of problems at the company.