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"Slow Love" Knitwear Opens Its First Store in Cirencester
Slow Love, the £300 Hand-Knit Jumper Label, Opens Its First Shop in Cirencester
Slow Love, the Cotswolds knitwear label whose Young Hearts jumper once sold £70,000 in a day, opens its first permanent shop in Cirencester on 21 November. Its hand-knits cost £275... Read more...
Coach Sales Rise 16% as Its Handbag Prices Keep Climbing
Coach Sales Jump 16% as Handbag Prices Rise and Kate Spade Falls 10%
Tapestry’s Coach grew sales 16% to $1.66bn in its first fiscal quarter as handbag prices rose at a double-digit rate and unit sales barely moved. Kate Spade fell 10%. What... Read more...
Carmina Shoemaker Opens Its First German Store in Munich
Carmina, the Majorca Shoemaker Since 1866, Opens Its First Store in Germany
Carmina Shoemaker, the family workshop in Inca on Majorca with roots in 1866, has opened its first standalone store in Germany, in Munich. Its Goodyear-welted shoes cost €310 to €434,... Read more...
Joseph Sale: Modella Capital Reportedly Eyes the Label
Joseph Owner Explores Sale as Modella Capital Weighs a Bid; Sales at £45m
Modella Capital, the investor behind TG Jones and former owner of Claire’s UK, is reportedly considering a bid for Joseph, the London label owned by Onward Kashiyama. Joseph’s sales fell... Read more...
Jimmy Choo Up 11.5% as Michael Kors Halves Discount Days
Jimmy Choo Sales Rise 11.5% as Michael Kors Cuts Its Discount Days by Half
Capri Holdings said Jimmy Choo sales rose 11.5% to $146m in the quarter to 26 September while Michael Kors fell 8.6% to $663m, as Capri cut markdowns, raised some prices... Read more...
Troubadour Raises £3.2m to Grow in the US and Europe
Troubadour, the London Bag Brand, Raises £3.2m to Grow in the US and Europe
Troubadour, the London maker of work and travel bags, has raised £3.2m in a round led by Harlo Equity Partners to expand in North America and Europe, launch a first... Read more...
Marc Jacobs Licenses China to I.T Group After LVMH Sale
Marc Jacobs Signs First Licence Since LVMH Sale, Handing China to I.T Group
Hong Kong retailer I.T Group has taken over Marc Jacobs in Greater China under a long-term licence, the first since WHP Global and G-III bought the label from LVMH. Marc... Read more...
Mulberry Sales Rise 18% at Full Price as the Luxury Giants Shrink
Mulberry Sales Rise 18% at Full Price as the Luxury Giants Shrink
Mulberry’s sales rose 18.1% in the 26 weeks to 26 September, with US sales up 28% and growth in every region, while promotional sales fell by 300 basis points. Full... Read more...
Sheth London Debuts With Gujarati Handweaving and Runs Capped at 30 a Style
Sheth London Debuts With Gujarati Handweaving and Runs Capped at 30 a Style
Designer Dimple Sheth has announced Sheth London, a womenswear label built with a 12-person artisan family in Gujarat. The debut has seven ready-to-wear styles and 19 accessories, runs of about... Read more...
Swaine, London’s 1750 Leather House, Is Opening Its First Paris Boutique
Swaine, London’s 1750 Leather House, Is Opening Its First Paris Boutique
Swaine, the London accessories house behind Swaine & Adeney leather goods, Brigg umbrellas and Herbert Johnson hats, is opening its first standalone Paris boutique on Avenue George V. With about... Read more...
Oversized Bags
Giant Bags Are Back on Every Runway — But the Oversized Tote Is the Clearest Lesson in Fashion About Where Value Actually Lives, and How to Buy the Look Without the Logo
Oversized bags are back on the runway at Chanel, Bottega Veneta, and Acne Studios. But the giant tote is fashion’s clearest lesson in where value lives: it is one of... Read more...
Coach Just Caught Up With Gucci on Wall Street — The Accessible-Luxury Tier That Is Quietly Beating Conglomerate Fashion
Coach Just Caught Up With Gucci on Wall Street — The Accessible-Luxury Tier That Is Quietly Beating Conglomerate Fashion
On May 7 Coach grew thirty-one percent to one point seven billion dollars in a single quarter. Greater China grew sixty-one percent. Europe grew thirty-one percent. The brand's parent company... Read more...