Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
Highlights


Designers Luke and Lucie Meier have softened the fast-growing brand’s signature rigour with a newfound dreaminess that is all about them, writes Tim Blanks.


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The luxury e-tailer saw modest growth as aspirational luxury consumers cut back on nonessential spending. In its first quarter of the year that ended in September, Mytheresa’s gross merchandise volume — a measure of goods sold on the platform — rose 3 percent year over year to €204 million ($224 million), against a 13 percent increase in the previous quarter.