Ralph Lauren Corp on Wednesday reported a higher-than-expected quarterly profit, as the luxury apparel maker's move to pull products off department store shelves and sell more products at full-price boosted margins.
UK designer resale website BuyMyWardrobe has merged with HEWI London (Hardly Ever Worn It) as resale grows but competition gets tougher. It also comes as resale sites expand faster than the overall retail sector.
The Council of Fashion Designers of America will honor Ralph Lauren at this year's CFDA Fashion Awards, held June 4 in Brooklyn. Announcements are coming thick and fast with the CFDA Awards now just days away.
Tax-free shopping facilitator Global Blue has named Derrick Hardman as the new MD of its UK and Ireland unit as the firm prepares to open London’s first VIP lounge designed specially for the most valued customers.
Men and young millennial shoppers are the main drivers of a sales explosion at Balenciaga, with the storied couture firm turned edgy label now posting the fastest growth rates within the Kering group, its CEO has said.