The stakes are high for the luxury brands, which for years have relied on brisk sales in China to fuel their global growth, and ambitions, but are now facing a slowdown in demand in the world’s second-biggest economy. Read More
Parvus Asset Management, a hedge fund registered in Britain, has raised its stake in Kering, a filing by France’s financial regulator showed on Friday, now holding around 5% of the group’s share capital. Read More
Jacquemus closed Paris Men’s Fashion Week on Sunday by taking over the Château de Versailles, with a Spring-Summer 2026 collection that drew on his farming roots. Read More
Saks Global Enterprises has reached a $600 million debt deal with a number of its existing investors that would force some creditors to accept losses and push them back in the repayment priority line. Read More
Harrods’ fashion buying chief has been pulling together his thoughts on Paris Fashion Week’s menswear and in a week with “a rare sense of cohesion”, his top collections included Jonathan Anderson’s Dior debut. Read More
Walpole has named Fortnum & Mason CEO Tom Athron as its new chair, succeeding Harrods MD Michael Ward who moves to a new advisory role. Read More
2024 was a year of “transition” within the Clarks business “as internal and external factors created a variety of challenges”, its owner said in its latest results filing at Companies House. Read More
Karl Lagerfeld’s discreet villa outside Paris will be auctioned Tuesday in a traditional candle auction. Once a personal retreat, it reflects his love for privacy, design, and entertaining. Read More
Asda may be struggling on some fronts but the supermarket giant is clearly succeeding as far as its George clothing and homewares brand is concerned and this is what it plans to use to win major market share in the UK. Read More
New Look’s owners are reportedly lining up bankers to handle a sale of the business in the months ahead as they review their options. Read More
