ANALYSIS New York – In March, news broke on LVMH's project AURA, an application of the blockchain aimed at ensuring fashion and luxury goods authenticity verification at scale. This move positions the world’s largest luxury goods group as the first company to look into blockchain technology applied […]

British fashion and lifestyle brand Joules has stated that the continued expansion of the retailer across channels and international markets has helped fuel sales, with group revenue for the 52-week period to May 26, 2019, increasing by 17.2 percent to 218 million pounds. Joules stated that “strong […]

Afterpay Touch Group, the first digital payments provider allowing people to pay in instalments free of charge on their debit cards, is launching the same service in the UK under the Clearpay brand, following backing from global retail partners including Boohoo and Urban Outfitters. The payment provider […]

Walpole, the trade body for the British luxury sector that counts more than 250 brands including Alexander McQueen, Harrods and Burberry as members, has stated that the sales across the British luxury sector has grown by 49 percent in the four years from 2013 to 2017. According to Walpole’s new research […]

Baby minks, their skin still smooth and furless, snuggle up against one another under a pile of hay, letting out the occasional squeal: this sight will soon be a thing of the past at Norway's fur farms. The Norwegian parliament is due this month to adopt new legislation immediately banning any new fur […]

Jaipur-based home textile and ethnic fashion apparel brand Bella Casa’s profit after tax (PAT) grew 50 per cent compared to previous year. The brand blends design innovation, product quality and affordable pricing. During the year, the company’s pan-India distribution network increased to 2,000 retail […]

Rannvijay Singha’s Mumbai-based fashion brand Disrupt has raised an undisclosed amount from a host of investors including Fynd co-founders Harsh Shah and Farooq Adam. The other investors include: Ambi Parameswaran, former CEO of FCB Ulka; Mumbai-based micro VC firm First Cheque and Anil Gelra, co-founder […]

Luxury secondhand platform The RealReal has filed for an initial public offering (IPO) in which it is looking to raise 100 million dollars. According to filings with the Securities and Exchange Commission, the San Francisco-based company intends to list on the Nasdaq under the ticker symbol ‘Real”. […]

The UK’s leading outdoor clothing retailer Mountain Warehouse has reported its 22nd year of consecutive sales growth, with sales up 13 percent to 255 million pounds for the 12 months to February 24, 2019. Pre-tax profits increased 14 percent to a record 23.7 million pounds, which the outdoor clothing […]

Wellington boot brand Hunter has announced that it has delivered record revenues in its full year to December 29, 2018, with an increase of 9 percent to 113.8 million pounds. Strong growth came from Hunter’s largest market, the US, which increased by 13 percent year-on-year across all channels, added […]

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