Telfar said Wednesday that next week’s Bag Security Program drop would be its last.
Inditex SA, which owns the Zara clothing chain, is considering setting up a vehicle to invest in startups and technologies that it hopes could help green its business, according to people familiar with the matter.
Prada and Ermenegildo Zegna on Tuesday said they have acquired a minority stake in Luigi Fedeli e Figlio, highlighting the importance of high-quality knitwear in the luxury segment.
London-based designer Grace Wales Bonner has won this year’s British Fashion Council/GQ Designer Fashion Fund, the BFC said Wednesday.
The online personalized styling service firm said on Tuesday it would explore exiting the UK market in its fiscal year 2024, blaming a weakening macro environment and increasing costs.
The company said on Wednesday sales of its spring-summer collection gathered pace to jump 16 percent in May, as the retailer mitigates higher wage costs and keeps customers onside during a cost of living crisis.
The luxury brand launched its first saleable NFTs, and at €39,000, consumers can purchase one of Louis Vuitton's Via Treasure Trunks.
The luxury marketing and communications group — parent to Karla Otto and influencer marketing firm Lefty — raised $400 million in a round led by TowerBrook Capital Partners and media, gaming and online sports betting company, FL Entertainment.