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Prince Charles on Sustainable Luxury Fashion: ‘Buy Once’ and ‘Buy Well’

Later this month, Modern Artisan's first "graduates" will unveil the inaugural Yoox Net-a-Porter for The…

$1.1 Billion Unites Farfetch, Alibaba and Richemont on China Luxury Push

The trio's strategic tie-up gives premium labels access to China's luxury-loving consumers while accelerating…

Farfetch: Bigger Play in China Ahead?

As Eurazeo exits its investment stake in Farfetch, reports peg Alibaba as a possible new investor in the…

LVMH Gets $400 Million Discount to Acquire Tiffany

LVMH's deal to buy Tiffany will close in early 2021, now that the parties have agreed to lower the $16.2B…

Tapestry Confirms Joanne Crevoiserat as CEO

Joanne Crevoiserat joined the company in August 2019 as chief financial officer, and became interim CEO after…

The Off-Price Inventory Dilemma

Century 21 was the latest operator in the space to file for bankruptcy. What does this mean for the brands…

MadaLuxe Group’s New Investment Arm Leads Luxury App’s Seed Round

MadaLuxe's investment arm SLS Journey led the seed round of a new luxury app that pairs consumers with…

Neiman Exits Bankruptcy. Now What?

After several months in bankruptcy purgatory, Neiman Marcus is embarking on a new chapter with billions less…

Amazon Luxury Is Here—What to Expect

The tech titan confirmed rampant whispers of a premium fashion play early Tuesday with the launch of Amazon…

Neiman Marcus Slated to Exit Bankruptcy in Two Weeks

Neiman Marcus got the nod on its reorganization plan, setting the stage for its exit from bankruptcy before…

Tmall Chases China’s Gen Z Luxury Shopper

Tmall wants to capture China's Gen Z consumer, who spends an average of $3,600 a year on luxury goods…

Canada Goose Talks Footwear Launch Amid 63% Revenue Slump

The luxury label is opening four new stores in Mainland China and revisiting its wholesale strategy.

Hit With $211M First-Half Loss, Prada Sees ‘Recovery’ at Reopened Stores

An uptick in local consumption is helping to buoy the lack of tourists whose spending fuels Prada's business.

Kering Says Gucci Absorbed Biggest Blow in First Six Months of 2020

For the first half, Kering's profits fell 63.4 percent to $667.4 million and Gucci suffered the steepest…

LVMH Sees Profits Tumble 84% in a First Half Crippled by Covid

Revenues fell 27 percent to 17.39 billion euros ($20.43 billion) from 25.08 billion euros ($29.46 billion) a…