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Business

Black Friday's big! Close to £9bn spend expected this year - reports

Black Friday's big! Close to £9bn spend expected this year - reports

​Predictions are all pointing in one direction: this year’s Black Friday spending in the UK is lining up to be one of the biggest (and most important) yet for the start of the Golden Quarter.
Fashion
Business
Luxury: how can sector deal with radical rejuvenation of clientèle?

Luxury: how can sector deal with radical rejuvenation of clientèle?

By 2025, 70% of luxury consumers will be aged below 40, forcing labels to revise their approach and values, broadening them to include more culture-based elements, according to the latest study by Bain & Co.
Luxury
Business

Hugo Boss gets major loan linked to sustainability targets

​Hugo Boss has become the latest major fashion name to link its financing to green goals. The German giant — in which Frasers Group owns a large stake — has secured a syndicated loan with a sustainability component.
Luxury
Business

Fred unveils its 100-carat-plus Soleil d’Or diamond, reveals plans for major retrospective

Paris jeweler Fred welcomed back a key family member of its heritage on Wednesday, the dramatic brilliantly yellow Soleil d’Or diamond, whose 100-plus carats make it one of the rarest stones on the planet.
Luxury
Business

Design

French economy minister trumpets French openness at opening of new IFM fashion school campus

French economy minister trumpets French openness at opening of new IFM fashion school campus

French Economy Minister Bruno Le Maire trumpeted the absolute necessity that France remain a culture open to foreign ideas at the official of new fashion campus IFM, in a pointed political commentary.
Fashion
Design
Woolmark Prize finalists include Ahluwalia and Peter Do

Woolmark Prize finalists include Ahluwalia and Peter Do

​The Woolmark Company has released the list of finalists for the 2022 International Woolmark Prize with seven of the world’s most promising emerging design talents in the running for the accolade.
Fashion
Design

Taesoon Chai of Korea wins 2021 edition of ITS emerging designer competition

With his volumes, quirky cuts and colourful palette, the Korean menswear stylist won the 2021 edition of the young designers’ competition in Trieste, Italy, which launched for the occasion ITS Arcademy, opening in 2022.
Luxury
Design

Virgil Abloh and Mercedes link-up again for electric show car concept

​Virgil Abloh’s additional talents as an architect and artist are resurfacing in the designer’s latest collaboration with luxury car marque Mercedes-Benz.
Luxury
Design

Appointments

Canada Goose appoints new president of APAC

Canada Goose appoints new president of APAC

As it continues to build out its presence in Asia-Pacific, the Canadian outerwear company has announced the appointment of luxury industry vet Paul Cadman as president of its business in the region.
Fashion
Appointments
Burberry appoints Gray as non-exec board member

Burberry appoints Gray as non-exec board member

​Luxury fashion house Burberry Group has expanded its board, appointing Danuta Gray as a non-executive director and member of the Remuneration and Nomination Committees.
Luxury
Appointments

Retail veteran Stuart Rose confirmed as Asda chair

​Stuart Rose has been appointed chairman of UK supermarket giant Asda as of next month. The UK retail veteran, who stepped down as chair of Ocado earlier this year, will lead the board’s search for a new chief executive.
Lifestyle
Appointments

Neiman Marcus Group makes executive appointments

Luxury retailer Neiman Marcus Group (NMG) announced on Monday the appointment of three executive appointments starting with Natalie Lockhart as senior vice president, strategy & execution. 
Luxury
Appointments

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