By 2025, 70% of luxury consumers will be aged below 40, forcing labels to revise their approach and values, broadening them to include more culture-based elements, according to the latest study by Bain & Co.
David Beckham retains his status as a top global fashion influencer even though younger celebrities such as Harry Styles are also making a huge impact now. And for women, Billie Eilish is top of a new ranking.
The British Fashion Council has been teasing the content of Monday’s Fashion Awards for some time now, and on Friday it released more information for the TikTok-sponsored event with a focus on the red carpet.
Major retail landlord Landsec has unveiled a new, “customer-centric approach” to accelerate its retail strategy. The Bluewater owner has a new retail structure to build "closer relationships with brand partners".
Hugo Boss has become the latest major fashion name to link its financing to green goals. The German giant — in which Frasers Group owns a large stake — has secured a syndicated loan with a sustainability component.
Burberry has linked up with football star Marcus Rashford (who’s also appeared in its campaigns) to support organisations in the UK and abroad helping disadvantaged children develop their literacy skills.
Dior is the “most trusted” fashion brand for UK consumers, analysis from money.co.uk shows, based on Trustpilot reviews of over 100 worldwide brands. Dior also comes top of the list of the most trusted consumer brands.
Passing through Italy, the LVMH group’s managing director gave details about the group’s sourcing strategy and mentioned various projects, from Pucci’s relaunch to the plan to build a Louis Vuitton factory in Tuscany.