Luxury news and archive

Aritzia's U.S. sales drive record Q2, defying tariff headwinds

Aritzia, the design house offering Everyday Luxury, announced strong financial results for the second quarter of fiscal year 2026, driven by impressive growth in the United States. Net revenue surged 31.9 percent to 812.1 million Canadian dollars (58 million dollars), with comparable sales growing by 21.6 percent. The company’s performance was...

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Business

Vestiaire Collective report: Second-hand market grows three times faster than new goods

According to a new study by the resale platform Vestiaire Collective and the Boston Consulting Group (BCG), second-hand fashion and vintage luxury products are projected to reach a market volume of up to 360 billion dollars by 2030, compared to the current 210 to 220 billion dollars. This represents an annual growth of 10 percent, a rate three...

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Between attraction and speculation: The real return on It-bags on the secondhand market

Pre-owned luxury handbags now represent a potentially profitable asset for consumers. But which models are the safest for investment? In a recent report, vintage fashion platform Vestiaire Collective revealed the current resale prices of iconic luxury handbags and compared them to their original retail prices. • Chanel Timeless/Classic Bag:...

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Over quarter of a million pounds worth of stock stolen from Break Archive store

Resale company Break Archive has reported what is now its second break in, this time at its London showroom where around 350,000 pounds of stock was stolen. A total of 120 luxury vintage bags from brands including Louis Vuitton, Chanel and Gucci were among the products taken from the retailer’s store in Mayfair on Monday night. Speaking to ITV...

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Deloitte: Despite import tariffs, 90 percent of investors remain active in fashion and luxury

According to Deloitte’s ‘Fashion & Luxury Private Equity and Investors Survey 2025’ report, 90 percent of investors remain active in the fashion and luxury sector. This is despite eight out of ten respondents expecting import tariffs to negatively impact the market. North America (35 percent), Europe (33 percent) and Asia (29 percent) are seen...

Fairs

New luxury fabric show to debut in London

A new exhibition dedicated to showcasing British textiles is set to take place in London this October. The Luxury Fabric Show will debut in Shoreditch’s The Box Office Studio, where a curated selection of luxury fabrics and accessories suppliers will exhibit to industry professionals. Spanning October 14 to 15, the event says it will focus on...

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Business

Hype products, collaborations and outerwear: What chinese consumers want

Chinese consumers have been faced with an unstable economy and ever-new challenges since the pandemic. This is also reflected in their shopping behaviour. Although uncertainties such as the trade dispute with the US and the real estate crisis are putting additional strain on consumers and dampening consumer sentiment, private households seem to...

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Richemont chairman hopeful of negotiated solution on US tariffs

Zurich - Richemont chairman Johann Rupert expressed optimism for a negotiated solution regarding US tariffs on Swiss goods. He stated on Wednesday that the luxury group remains "well-positioned" for the long term. "I am in contact with the Swiss government and the heads of the negotiations in the US", Rupert said at the annual general meeting in...

Retail

HSBC Luxe Avenue launches on Tata CLiQ Luxury

HSBC Luxe Avenue, an exclusive online boutique on the Tata CLiQ Luxury platform will offer a curated selection of luxury brands across categories like fashion, beauty, and home. The collaboration is designed to provide special benefits to HSBC Premier Credit and Debit Card holders, as well as HSBC Taj Credit Card holders. These benefits include...

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Fashion |Opinion

Luxury fashion at a crossroads ahead of key designer debuts

If the Venice Film Festival’s red carpet is any guide, the luxury sector is entering the womenswear season in a state of uncertainty. Following a long summer and the July haute couture shows, celebrity dressing has returned with renewed significance, as catwalk presentations risk becoming increasingly predictable and uninspiring. The festival...

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Fashion

Loewe and Jacob & Co. elevate wearable tech to High Fashion

The merger of fashion and technology has been a bumpy ride. The fashion industry has often approached it with the question: “What can tech do for us?” The answers have not always been inspiring. Jackets with built-in heating panels, compression wear with biometric sensors, or LED-lit outerwear may be useful in theory, but have rarely translated...

Fashion |Interview

Janet Mandell expands luxury rental model with consignment service and AI try-on

In a rental market dominated by convenience and price, Janet Mandell has carved out a niche: a couture-level service paired with a circular fashion ethos. From her showrooms in New York, Los Angeles and Chicago, Mandell has built a business that not only provides access to over 6,000 designer pieces, but also strives to care for clients as...