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  • Paris-based Spanish designer Johnny Coca has been named the director of women’s fashion leather goods at Louis Vuitton after his stint at British brand Mulberry.Image Courtesy: youtube.comHe will become one of the primary creative linchpins for the luxury brand alongside Virgil Abloh, director of menswear and Nicolas Ghesquiere.Johnny will oversee the handbags, bespoke orders, eyewear and luxury leather products for women.He has had a long history working with LVMH, starting his career with a pr
  • The British luxury brand, Burberry, has suffered enormous losses due to the global pandemic and consequently, the brand announced the plans to skip dividend payment to its shareholders.Image Courtesy: www.cnbc.comThe brand reportedly saw a 27 per cent slump in sales for Q4 as almost 60 per cent of its stores across the globe remained closed during the month of March.The brand also received mediocre response after some of its Chinese stores reopened following 3 months of shutdown.Burberry conside
  • Iconic luxury fashion house Gucci is stepping outside the norms of the fashion world to change the way designers have functioned till now.Image Courtesy: gq.comThe pandemic has jolted fashion world back to reality and they realise doing away with older practices is the way forward. Hence, Gucci has announced that it is going “seasonless.”Gucci will be organising shows twice a year instead of the usual plethora of events that they used to run from Autumn/Winter and Spring/Summer to Cruise and Pre
  • Burberry Group plc, a British luxury fashion house, posted 3 per cent revenue decline to £2,633 million for fiscal year 2020 ended on March 28, 2020 compared to revenue of £2,720 million in previous year. Gross profit for the year fell 5 per cent to £1,774 million (FY19: £1,861 million). Operating profit were £189 million (£437 million).“Prior to Covid-19, we were delivering strong momentum across our brand and product, with sales ahead of our expectations. Since then, the global health emergenc
  • French luxury maison Chanel has come under investigation by the Korean Free Trade Commission (KFTC) for the alleged breach of South Korea’s Free Trade Act.Image Courtesy: thecurrentdaily.comThe KFTC has launched a probe into allegations that the brand is placing unfair restrictions on duty-free operators who distribute its products to retailers in the country.Due to the negative impact of the outbreak of COVID-19, Korea has relaxed certain regulations for duty-free operators to distribute goods
  • LovetheSales e-commerce portal, which allows consumers to shop all sales in one place, says demand for luxury fashion has shot up in the past quarter, with searches for luxury brands up 27 per cent year-on-year. Although celebrity fashion choices were less important, one main influencer keeps making an impact. The Duchess of Cambridge — whose Boden Aurora midi wrap dress, worn in the second part of the interview, in the last week on the LovetheSales marketplace drove searches for Boden dresses u
  • Ted Baker, the UK retail giant, has announced the appointment of Arcadia’s Anthony Cuthberston as company’s Global Creative Director.Image Courtesy: ww.fashionnetwork.comThis is the first time the company has created the role of Global Creative Director.Anthony, who is presently working as Topshop’s Global Design Director, will be joining Ted Baker in the second half of 2020. Until then, Michael Bastion would work as interim creative officer.The British retailer, reportedly, said Anthony will be
  • Italian Marzotto Group, a leading textile company, has announced to partner with Sweden-based Polygiene to use ViralOff application in its natural fibre textiles.The ViralOff treatment offered by Polygiene will now be used in wool, linen and cotton products of Marzotto Group with an aim to ‘relaunch’ the fashion industry.ViralOff Treatment is claimed to kill over 99 per cent of viruses in around 2 hours as per an ISO 18184:2019 test. This anti-viral treatment will now be used by all the division
  • Whistles, the premium high-street retailer, joins hands with British luxury workwear label L.F. Markey to launch the Spring/Summer (S/S) 2020 collection.And when is it going to be out!Image Courtesy: fashionunited.inThe much-awaited 16-style limited-edition collection will be launched on 29 May atWhistles.com. The collection will include L.F. Markey’s signature indigo denim.Besides, the soft summery colours of blush pink, pale dusk blue and ivory complement Whistles’ S/S 2020 colour palette.Pric
  • American conglomerate and owner of Victoria’s Secret and Bath & Body Works, L Brands, has reported a glaring 37.1 per cent decline in revenues for the first quarter ended 2 May.Image Courtesy: indulgexpress.comThe net sales for the company were down to US $ 1.654 billion from US $ 2.62 billion for the same period last year. The shrinking of sales can be credited to the closure of stores throughout the world and the rapidly reducing consumer spending.The largest decline came from lingerie bra
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