Luxury shopping

Business

Brexit sends Brits to Europe for Louboutins in a blow to UK luxury

British shoppers are heading to Europe for ‘cheaper’ luxury, while the UK loses its competitive edge as the only major destination with no VAT-free shopping for international visitors.

09/08/2025

Lifestyle

Jane Birkin’s original Hermès bag sells for €8 million at auction

Born out of a chance encounter, Jane Birkin's original Hermès bag has surpassed all expectations and sold for €8.6 million in Paris to become the second most valuable fashion item ever bought at an auction.

10/07/2025

Lifestyle

What will Jonathan Anderson bring to Dior as new creative director?

After stepping down from the role as creative director of luxury fashion house Loewe, Northern Ireland-born Jonathan Anderson has been appointed as creative director of both the women's and men's collections at Dior – becoming the first person to take on the dual role since Christian Dior himself.

08/06/2025

Lifestyle

Stars shine at French château as Louis Vuitton unveils new collection

Louis Vuitton unveiled its Cruise 2025 collection in front of a star-studded audience inside a medieval castle, blending regal silhouettes with futuristic flair.

28/05/2025

Business

How Trump’s tariffs are dampening hopes of a luxury sector revival

The global luxury sector, which has been facing slowing demand and an eroding customer base in the last several months, could be further hit by the escalating trade war between China and the US.

18/04/2025

Business

Hermès leaves wealthy clients to pay for cost of Trump tariffs

The luxury company, based in France, announced that it would be hiking prices in the US to offset the impact of US President Donald Trump’s 10% tariffs against the EU.

17/04/2025

Lifestyle

Eileen Gu and Derrick Rose bring the noise to Watches and Wonders 2025

Watches and Wonders, the premier fine watchmaking event, has opened in Geneva with a record 60 brands participating. High-profile attendees include freestyle ski champion Eileen Gu and former NBA star Derrick Rose.

03/04/2025

Lifestyle

Paris Fashion Week review: Sex, seduction and powerful silhouettes

Facing a luxury spending slump, designers are pushing ‘beyond’ on all levels. Paris Fashion Week A/W 25 was awash with an array of concepts and intricate craftsmanship that defy neat trend buckets.

14/03/2025

Lifestyle

In pictures: Here's everything you missed at London Fashion Week 2025

London Fashion Week wrapped up with a mix of opulent collections and star-studded moments, with designers like Burberry, Erdem, and Emilia Wickstead stealing the show.

25/02/2025

Business

LVMH earnings highlight uneven recovery in the luxury goods sector

LVMH posted subdued quarterly results due to continued weakness in the fashion and leather goods segment. The results slightly exceeded analysts' estimates for overall performance.

29/01/2025

Business

LVMH sells Stella McCartney minority stake as luxury sector struggles

LVMH has already sold the streetwear fashion brand Off-White recently, as well as its stake in Cruise Line Holdings amid dampened global demand for luxury goods and falling Chinese sales.

28/01/2025

Business

European luxury stocks rally as Richemont posts record quarterly sales

Richemont reported strong quarterly results, driven by festival sales, despite ongoing weak demand in China. The robust earnings lifted rival share prices, buoying the European luxury sector on Thursday.

17/01/2025

Lifestyle

Castlecore, mocha mousse and aliens: The biggest 2025 fashion trends

From "rocket heels" to chainmail tops - and a hefty dose of nostalgia, the fashion of 2025 is all about playful curiosity and comfort.

09/01/2025

Culture news

Gucci, Valentino, Versace, and Balenciaga headline Rome exhibition

"Memorabile. Ipermoda" at Rome’s MAXXI Museum Rome showcases iconic fashion designs and explores their evolution and impact on culture.

28/11/2024

Lifestyle

GPHG 2024: IWC Schaffhausen wins the Aiguille d’Or Prize

The Grand Prix d’Horlogerie de Genève award ceremony is the most hotly anticipated event of the Swiss watch industry calendar, where the crème de la crème of watchmakers presents their best timepieces.

13/11/2024

Business

Will the luxury goods market shrink in 2025 due to Trump tariffs?

A study says the global luxury goods market will shrink in 2025 and Trump tariffs could make it worse.

13/11/2024

Lifestyle

GPHG 2024: Luxury watchmakers fight for new 'eco innovation' award

Cactus leather, recycled carbon fibre and vegetal rubber: low-impact materials are the new prestige in luxury watches. Chopard won the brand new "eco-innovation" prize at this year's GPHG awards.

12/11/2024

Business

Hermès bags support from super-wealthy despite China slowdown

The French firm is outflanking rivals LVMH, Kering, and Burberry as demand for handbags remains strong.

24/10/2024

Business

LVMH misses expectations as luxury stocks experience growth slowdown

Major European luxury stocks have experienced a slowdown in growth, primarily due to softened global purchasing power, particularly in China.

16/10/2024

Business

Austria's embattled Signa Holdings sells stake in Selfridges

Saudi Arabia's Public Investment Fund is to take a 40% share in the iconic London department store in what will be Selfridges' second change of ownership in two years.

09/10/2024