The Paris haute couture collections, to most fashion aficionados the ultimate expression of creative fashion, debuts in Paris on Monday morning, with the first digital season in the world’s greatest fashion capital.
It may only be digital but the upcoming debut Paris Fashion Week Online - Menswear looks to be very busy, with 68 events crammed into this month’s five-day season, and over a half dozen debutant brands.
Few luxury sectors are in a greater stage of flux than eyewear, where luxury giants like Kering and LVMH have both radically redrawn the business model. Meet Rosario Toscano – who just launched Balmain eyewear.
A group of fashion CEOs, retailers and designers, including luminaries like Dries Van Noten, Tory Burch and Craig Green, have called for a major rethink in fashion deliveries and greater sustainability in an open letter.
Global sales of luxury goods are expected to slump by 50% to 60% in the second quarter despite lockdowns easing in some countries and signs of recovery in the Chinese market, consultancy Bain said on Thursday.
The luxury industry is assessing the first effects of the relaxation of lockdown regulations in China. Most shops have been reopened since around a month and a different market appears to be emerging after the crisis.