Rihanna’s Fenty label aims to rip up fashion industry rules
Singer’s new clothing line, on sale this week, has ditched traditions such as catwalk shows
Luxury Fashion
Sikhs call headpiece sold by Gucci disrespectful mimicry
Hat made by Italian fashion house criticised for not respecting religious sensitivities
Farfetch’s rapid growth exceeds the growth of the online luxury industry
José Neves, Farfetch Founder, CEO and Co-Chair, announced that the global technology platform for the luxury fashion industry enjoyed excellent growth in first quarter 2019 with Platform GMV rising 44% to $415 million, or approximately 50% growth on a constant currency basis. The rapid growth of Farfetch exceeds the growth of the online … Read more
Louis Vuitton, Chanel, and Hermès among BrandZ Top 10 Most Valuable Retail Brands 2019
Luxury brands are becoming more relatable and responsible, says BrandZ Top 75 Most Valuable Global Retail Brands ranking and report. Innovative use of technology such as artificial intelligence and data analytics has helped e-commerce deliver numerous human benefits, fuelling a 33% growth in brand value for the most powerful players in retail, … Read more
Neiman Marcus Group – the first major luxury retailer to directly invest in pre-owned luxury
The exclusive partnership will serve as a catalyst for Neiman Marcus to enable its existing customers to participate in pre-owned, while also reaching new, younger shoppers ahead of their peak spending years. Neiman Marcus Group has agreed to acquire a minority stake in Fashionphile, a leading pre-owned e-commerce company focused exclusively on ultra-luxury … Read more
Harrods eyes massive online expansion via Farfetch global e-commerce platform
Harrods and Farfetch to work together to provide Harrods a global e-commerce platform. Achieving the highest level of customer service in a digital world can be difficult, which is why Harrods, one of the world’s most famous department stores, has chosen to partner with Farfetch, one of the leading global technology platforms for the luxury … Read more