Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Two thirds of Burberry products currently bear more than one positive attribute, with a goal for all products by 2022. The high-end brand is inviting customers to learn more about the sustainable credentials of the products through this new labelling programme. As part of its product sustainability programmes, British luxury brand Burberry … Read more
Luxury resale store Vestiaire Collective has transformed the way people consume desirable and luxury fashion with its trusted and inspirational resale model. The company specialized in pre-owned luxury items raised $64 Million. The new round brings on board Korelya Capital, funds managed by Fidelity International, Vaultier7 and Cuir Invest. Existing shareholders Eurazeo … Read more
Coronavirus turned the US housing market upside down. Record-setting declines include a more than 10% decrease in new listings from a year earlier and a 9% drop in total number of home sales in a single month. Home sales slipped and the number of homes listed for sale plunged as the U.S. … Read more
Despite the havoc that COVID-19 is undoubtedly going to wreak on the sector in the coming year, agile brands are likely to fare much better than their inflexible counterparts. With new consumer behaviour habits likely to be borne out of the pandemic, brands will look towards greater innovation in their e-commerce businesses … Read more
According to experts, without significant government intervention, many young designers and freelancers will be in trouble
Staff stand downs and debt-funding facilities detailed, while terms agreed to allow Barangaroo build to continue