Luxury Web Battle Looms as LVMH, Hugo Boss Develop E-Commerce

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(Bloomberg) — As department stores and publishers join the ranks of those offering luxury goods online, they’re running into a new breed of competitor: makers of the designer clothing, handbags and accessories they sell. The shift is making the Internet … Read More

Yoox gets go-ahead to create world’s largest luxury goods website as Italian authorities allow it to buy Net-A-Porter

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The Italian Securities and Exchange Commission has given its approval for a merger that will create the world’s largest online luxury goods website. Italian e-retailer Yoox has been given the green light to buy Net-A-Porter, which was founded by the … Read More

Ferragamo CEO sticks to core profit guidance despite China slowdown

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The chief executive of Italian luxury goods maker Salvatore Ferragamo (SFER.MI) stuck on Sunday to last month’s profit guidance despite slowing growth in Asia, its biggest market. Speaking to analysts in late August, the chief financial officer of Ferragamo said … Read More

You’ll Never Guess The Most Instagrammed Fashion Brand

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Instagram isn’t only just a tool to show our friends — and sometimes complete strangers — all the fabulous things we’re doing. It’s also a big business. Companies are leveraging the social media platform to increase brand recognition and ultimately … Read More

Alexander Wang Opens its Largest Flagship Store in London

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Luxury fashion house Alexander Wang has opened its largest branded flagship store worldwide in the prestigious London district of Mayfair. Located on Albemarle Street and spread across 6,460 square feet, the opening represents the American brand’s 25th store across the … Read More

Hong Kong second-hand fashion websites change shopping habits

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The second-hand fashion market has never taken off in Hong Kong. Its limited retail presence contrasts sharply with the city’s luxury shopping scene. Hongkongers have always favoured the new, the sleek and the modern; anything old or last-season was quickly scrapped. But attitudes are … Read More

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