Dior will launch a highly anticipated capsule collection with Stone Island, an apparel brand based in Lavarino, Italy.
Retail
U.S. luxury department store Nordstrom launched its online marketplace at the end of April. The…
On April 30, Hermès opened a new store in the Marassi Galleria, a new shopping…
On April 25, the Hermès Group reported consolidated sales of €3,805 million for the first quarter of 2024.
On April 23, Kering, one of France’s giant luxury conglomerates, announced that it expects a 40%-45% decline in operating income for the first half of the year, following a drop in first-quarter sales for its flagship Gucci brand.
Swarovski Opens First Italian Flagship Store in Milan
KIKI World, a Los Angeles-based company that sells beauty products such as temporary hair paint and a liquid makeup pen, recently raised $7 million in funding from investors including New Incubation Ventures (NIV), the investment arm of Estee Lauder Inc.
Thom Browne recently collaborated with Saks Fifth Avenue, a luxury department store in the United States, to launch a limited edition capsule collection.
British luxury e-commerce site Matches is set for an administration filing, about two months after being acquired by the Frasers Group led by Mike Ashley.
Burberry, the iconic British luxury brand, has launched a new Texas store and a limited-time pop-up in California.