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Post lockdown luxury outlook

Back in April, at the start of a global lockdown in response to the coronavirus pandemic, analysts and experts warned of a new era to come for the fashion and luxury industries. Nine months later, at the onset of a second lockdown forcing retail closures in the U.K. and across Europe, almost no CXOs expect a return to normal, according to a...

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Management

Brexit propels 48 percent dip in global luxury market

London - After being stuck by the immediate aftermath of the EU referendum last month, luxury fashion retailers were among the worst hit sectors. Now, ten days after news of the Brexit broke, it looks as if luxury brands may have to brace themselves for further impact, as they get a taste of what things may feel like post-Brexit. Louis Vuitton:...

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Fashion

Volcom Mod-Tech boardshorts: now made from recycle bottles

London - US sportswear company Volcom has teamed up with Repreve to recreate its Mod-Tech boardshorts using recycled fibre. The boardshorts, said to be a staple in Volcom’s collection, are currently being made from recycled fibre which is produced from recycled materials, including plastic bottles. Approximately 5 plastic bottle are used now...

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Retail

Paris retailers attempt to get back to 'business-as-usual' after attacks

As someone who was planning a shopping trip to Paris this weekend, and canceled, you can imagine the impact on local retailers and brands, who will see their end of year sales affected after Friday's terrorist attacks. The potential cost to Paris, not to mention the rest of France and even Europe in business terms is difficult to quantify, but...