Luxury\
ABC Carpet & Home Files for Bankruptcy
ABC's 2021 sales through July were half what it generated in the same 2018 period, it said, a sign of its…
Vestiaire Collective Just Achieved a B Corp First
The European secondhand luxury platform has scooped up B Corp certification, the world's first resale…
Revolve’s Sales Spike Shows Shoppers Are Ready to Spend on Luxury Fashion
Customers placed 1.8 million orders in the quarter, up 52 percent year-over-year, for Revolve's highest…
Cash-Flush Kering Sees ‘Sharp Rebound’ in Revenue
Despite its strong financials, the French luxury purveyor is keeping a close eye on Covid infections and…
LVMH is Firing on All Cylinders
The French conglomerate hopes luxury spending trends in China will hold up as other markets rebound from the…
In Bigger LVMH Role, Virgil Abloh to Launch New Brands, Foster Inclusion
The fashion designer is selling a 60 percent stake in Off-White to LVMH, with an eye to expanding diversity…
Italian Fashion Brings in the Big Bucks: Zegna Going Public, Etro Sells Majority Stake
In a big week for Italian luxury fashion, two top-name brands unveiled significant news on the financial…
Burberry’s Q1 Sales Rebound on Leather Goods, Outerwear and Shoes
The British luxury house said it pulled back on promotions last year as consumers opted to purchase at full…
Ralph & Russo Cofounder: ‘I Have Done Nothing Wrong’
"These ill-founded claims" are the latest part of a "campaign to bully, silence and coerce me," the designer…
Harrods Enters Rentals With Service Backed by Boris Johnson’s Wife
The premium retailer says this kind of sustainability initiative increases "product circularity across the…
Neiman Addresses Bergdorf Sale Speculation
The luxury retailer spoke out about rumors that it's planning to part ways with its beloved Bergdorf brand.
Couturier to Rihanna, Meghan Markle Bought Out of Bankruptcy
The company that's revived Stein Mart, Pier 1 and Dressbarn swooped in to give the couturier to Beyoncé and…
Riri Group’s New Acquisition Shows Demand for ‘Conscious Luxury’ Extends to Trims
Swiss trims company Riri Group acquired Italian manufacturer Amom, extending its offerings to conscious…
Burberry CEO Marco Gobbetti Heading to Ferragamo ‘to Be Closer to His Family’
'We understand and fully respect his desire to return to Italy after nearly 20 years abroad," said Burberry…
LVMH Brings Century-Old Parisian Department Store Back to Life
The fully renovated seven-story, historic complex is home to 600 brands, two concept stores, 12 restaurants…