A silent panic is spreading around the luxury world due to the current epidemic, and it is forcing executives to search for a strategic framework that puts new, innovative concepts at the forefront.
U.S. department store chain is shuttering its standalone Trunk Club service after buying the try-at-home retailer for $350 million in August 2014 and giving it much runway for growth. The news comes the same week as fashion rental retailer Armarium’s decision to close.
British luxury trade association Walpole has debuted the list of the next generation of marketers selected as its Brands of Tomorrow Class of 2020.
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Apparel designer Carole Bamford, locals-supporting hotel chain and U.K. department store Selfridges won top gongs at the inaugural Positive Luxury Awards.
The Vogue Yoox Challenge – The Future of Responsible Fashion, as the scheme is called, seeks to offers support and mentorship to designers, creative and startups that are investing in a responsible and sustainable approach to their fashion.
British online retailer Farfetch will start selling a curated collection of unique fashion merchandise as part of its new weekly Farfetch Beat service that debuts in April.
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The handbag was made from a new fabric created from recycled plastic bottles and coated with recycled plastic windshields.
Online retailer Matchesfashion has nabbed Amazon executive Ajay Kavan to lead the company as CEO, filling a vacancy since the August departure of Ulric Jerome.
