Michael Kors parent Capri Holdings Ltd on Friday raised its annual forecasts for the second time after trouncing Wall Street estimates for quarterly results, as shoppers splurge on its high-end clothes and bags.

​Hermès became the latest luxury group to announce a rebound on Friday as the upscale leather goods and fashion maker saw its sales soaring during Q2 and the first half as a whole.

​The 14th edition of the India Couture Week 2021 scheduled to be held from August 24 to 29 will see participation by nineteen of the country’s top couturiers.

Italian fashion group Prada sees sales rising further in the second half of the year after revenues beat market expectations in the first six months, extending a recovery from the worst of the Covid-19 crisis.

​Bengaluru-based silver jewellery brand Giva Jewellery has named Bollywood actor Anushka Sharma as its brand ambassador.

Australia, a country known for punching above its weight in sport, literature, cinema, media, wine and the pursuit of happiness, has tended to underperform when it comes to fashion. One major exception is Zimmermann. 

If there's one sector that doesn't seem to be struggling, it's the market for counterfeit goods with Rolex, Louis Vuitton and Gucci featuring among the brands whose counterfeits are the most popular online.

Revenues at Italian luxury down jacket maker Moncler topped analyst expectations in the second quarter helped by easing COVID-19 restrictions, adding to evidence of a sharp rebound in the sector.

Philipp Plein International AG and WorldTime Watches & Jewelry SA have signed a license deal for the development, production and distribution of Philipp Plein watches and jewellery.

Grace Wales Bonner has launched a very novel Vision Songs collab with musical pioneer Laraaji, in the latest design partnership by the very indie UK designer.

Sales at French luxury group Kering nearly doubled in the second quarter as coronavirus curbs were relaxed in much of the world, with its star fashion label Gucci accelerating sharply.

LVMH, the world's leading maker of luxury goods, said Monday that sales and profits had bounced back strongly in the first six months of 2021 as demand soared after the pandemic-induced slump last year.

At a time when the French luxury industry’s craft trades need to hire over 8,000 new artisans each year, the luxury giant has involved its 75 labels in a drive to promote craftsmanship skills and attract talent.

Selfridges is for sale with a formal auction process about to start. It hasn’t been announced by its owners, the Westons, but a news report said Credit Suisse will be canvassing prospective buyers “imminently”.

Siblings Palak Shah and Aarohi Shah have joined forces to launch a collaboration between their respective brands, Ekaya Banaras, and Arohi. The collaborative collection mixes handloom heritage with a bold modernity. 

The Sitapura Gems and Jewellery Industry Association held a tree planting drive on July 21 at the two local Special Economic Zones to promote sustainability among jewellery manufacturers.