Lucy Folk is our ‘Brand of the Week’. The nomadic lifestyle brand was established in 2007 by Founder and Creative Director Lucy Folk as a small jewelry line inspired by her love of precious materials. A trained gold and silversmith from Melbourne’s RMIT University she never...

Handbag maker Michael Kors has announced that it will buy Italian fashion house Versace for about two billion US dollars. Versace which is one of the last independent fashion labels in the market is 80% owned by the Versace family. Since 2014, 20% of the company’s shares have been owned...

Alexa Chung’s eponymous label which she founded in 2017 had its catwalk debut at London Fashion Week. The British designer who is a well-known face in the fashion world presented the Spring / Summer 2019 collection at a show which was titled “Arrivals and Departures”....

British fashion brand Burberry has announced that it will stop using real fur and will also cease the destruction of unsold garments. The announcement comes ahead of Riccardo Tisci’s first runway show for Burberry during London Fashion Week on September 14. It also marks the second...

Luxury jewellery and watch brand Piaget has launched its creations on Net-a-porter. The pieces which are all from ‘Possession’, a signature Piaget collection marks the first time that the swiss maison’s creations will be sold through a luxury global online retailer. As the...

Karl Lagerfeld‘s namesake label which was discontinued in the US after its Fall 06 debut is making a return to the United States. According to WWD, the iconic designer has formed a joint venture with G-III Apparel Group, through which a new Karl Lagerfeld Paris collection for spring...

Fashion house Michael Kors Holdings Ltd posted weak financial results for its fourth-quarter earnings. Shares were down almost 50% from an all-time high of $97.60 a few months ago, with an unexpected 5.8% decline in stores including a 6.7% drop in North America, its biggest market by far. The...

Michael Jeffries, longtime CEO of teen clothing retailer Abercrombie & Fitch has stepped down from his role at the company, effective immediately. The news comes just days after Abercrombie & Fitch sales dropped to 12 percent in the third-quarter. Jeffries, 70, and the board of...

All-American brand GAP Inc saw its sales falling below its expectations. The San Francisco-based apparel retailer said total sales for October fell 9%, to $1 billion compared to $1.1 billion in October 2000. Sales at stores open at least a year plunged 17%, with steep declines at each of its...

Following on its 14 percent growth for October, Swedish Retailer Hennes & Mauritz is said to be launching eight new online stores in 2015. The company said Tuesday that it will go online in Belgium, Bulgaria, Poland, Portugal, Romania, Slovakia, Czech Republic and Hungary next year....

Swedish budget fashion retailer Hennes & Mauritz, posted a 14 percent rise in October sales on Monday, in comparison to the same month last year. The rise beat Analysts forecasts by 4 percent. The company had warned back in September that unusually warm weather had hit sales of its cold...