Luxury fashion news and archive

TikTok creators driving luxury growth for younger consumers

TikTok is continuing to drive growth for luxury brands, especially with younger consumers and first-time buyers, through creator-generated content and peer validation, according to new data from the social media platform and research company AYTM. According to a study of more than 3,000 luxury consumers across the UK, US, France and Italy in May...

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Retail|INTERVIEW

Trent's new Barcelona store: Redefining fashion consumption through rental

Madrid-While fashion rental thrives in established markets like the US and UK, it's still emerging in Spain. However, growing consumer interest in sustainability and flexibility is creating opportunities for businesses seeking to diversify. Trent, an online platform founded by Laia Cuscó and Alejandro Assens in 2022, has gained stylist...

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Business

Puig maintains outlook after opening year with sales increase of 7.8 percent

Madrid – Even with a blackout and unprecedented problems in communications networks in the history of Spain, the fashion and beauty multinational Puig responded to its scheduled meeting with investors. As planned, it presented the sales figures recorded during the first quarter of its new fiscal year of 2025 on Monday, after the markets closed....

Fashion

Tod’s launches digital product passports for its My Gommino collection

Italian luxury brand Tod’s is expanding its digital product passports (DPP) offering in collaboration with the Aura Blockchain Consortium and Temera to include its My Gommino collection. The traceable initiative builds on the successful implementation of DPPs for its custom Di Bag as part of the luxury brand’s commitment to enhancing...

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People

India’s leading designer Rohit Bal remembered

As the fashion world mourns the death of iconic Indian designer Rohit Bal, FashionUnited has collected comments from across the world, as the designer enchanted Hollywood and Bollywood alike, counting celebrities like Cindy Crawford, Naomi Campbell, Deepika Padukone, Aishwarya Rai and Bollywood legend Amitabh Bachchan among his customers and...

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Fashion

New members-only shopping destination Mile launches

The team behind mystery fashion box company Heat has launched a new luxury shopping venture called Mile. The invite-only subscription platform aims to reshape the luxury shopping experience by offering members-only access to curated, seasonless fashion from “the most sought-after luxury brands,” at prices and savings not offered anywhere else....

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Business

Rapidly growing luxury fashion storage company treats garments like fine art

As designers prepare to present their fall 24 collections next month and the days become longer making us anticipate swapping out our winter woolies for spring weights, those of us living in city apartments might wish that our closet space was a little more accommodating. Or how many times do we open up boxes that we thought were well-sealed...

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Retail

London's luxury retail trailing Milan and Paris, warns Harrods boss

London’s luxury retail scene is being outcompeted by rival European cities, the managing director of British department store Harrods has warned. Michael Ward, who has been at the helm of Harrods since 2005, told The Telegraph that the government’s decision to scrap VAT-free shopping for tourists at the start of last year has put overseas...

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Business

Is luxury fashion proving itself recession proof?

Inflation is at an all-time high, peaking at 9.1 percent. Thankfully, the price of gas is going down, easing the burden on customers’ wallets. At the same time, rent and housing prices are at a premium high. There are two schools of economic thought right now, one saying we are in a recession, and one saying we aren’t. There are also those...

Podcast

Podcast: The Glossy Podcast interviews Patrick Henry, aka Richfresh

In this episode, The Glossy Podcast has spoken to Patrick Henry, a L.A based tailor and luxury fashion brand founder, about his career and what first ignited his interest in fashion. Henry also discussed the evolving world of luxury fashion. "The term luxury in itself is evolving," said Henry. "[For clothing] it's all in the details: It's the...

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Business

Luxury retail rebounds despite covid continuing to curtail travel

The luxury sector has flashed back from the Covid-19 pandemic but the crisis is still putting a crimp in travel, a key part of the market. Industry giants have reported results that show the world's well-heeled are splurging on luxury goods as sales surpass even pre-pandemic levels. LVMH -- home to Louis Vuitton, Moet, Fendi, and Kenzo brands...

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Business

Luxury fashion M&A reactivates in 2021 with five deals in March

While it has taken a few months to take off, major investments, merges and acquisitions within the fashion and luxury industry seem to have started to flourish in 2021. From divestments to major acquisitions, these are the five deals that have the industry talking: Dondup, OAMC, Louboutin, Jil Sander and Vestiaire Collection. Confirming the...