These Are the Most Expensive Streets in the World
By Jessica Bumpus
According to a new report by the property consultancy Cushman & Wakefield, New Bond Street is the...
By Jessica Bumpus
According to a new report by the property consultancy Cushman & Wakefield, New Bond Street is the most expensive street in Europe when it comes to retail rents. It is also the third most expensive globally.Rent is reportedly $1,714 (£1,335) per square foot, increasing by 2.3 per cent in the last...
According to a new report by the property consultancy Cushman & Wakefield, New Bond Street is the most expensive street in Europe when it comes to retail rents. It is also the third most expensive globally.Rent is reportedly $1,714 (£1,335) per square foot, increasing by 2.3 per cent in the last 12 months. The renowned London street is home to a prestigious selection of global luxury flagship...
Closing the Gender Gap
By Sofia Celeste
“If women entrepreneurs participated equally in the economy, the GDP would go up by $5 trillion....
By Sofia Celeste
By Sofia Celeste
“If women entrepreneurs participated equally in the economy, the GDP would go up by $5 trillion. That is good for business; that is good for our economy, and that’s common sense,” said designer Tori Burch in her acceptance speech at the 2019 Glamour Woman of the Year awards on Monday.Burch, who...
“If women entrepreneurs participated equally in the economy, the GDP would go up by $5 trillion. That is good for business; that is good for our economy, and that’s common sense,” said designer Tori Burch in her acceptance speech at the 2019 Glamour Woman of the Year awards on Monday.Burch, who recently launched Embrace Ambition, an image series that shines a spotlight on the ways women are...
Shop Till You Digitally Drop
By NOWFASHION
‘Tis the season to be (online) shopping: the upcoming holiday season is responsible for as much...
By NOWFASHION
‘Tis the season to be (online) shopping: the upcoming holiday season is responsible for as much as 30 percent of a retailer’s sales for the year, and, according to official data published by McKinsey & Co., this percentage is likely to rise.A recent retail report published by the company shows...
‘Tis the season to be (online) shopping: the upcoming holiday season is responsible for as much as 30 percent of a retailer’s sales for the year, and, according to official data published by McKinsey & Co., this percentage is likely to rise.A recent retail report published by the company shows almost a third of shoppers are expected to spend more this year than last – with digital-savvy...
Chanel: Creating an Empire
By Sofia Celeste
As speculation continues to swirl that luxury goods maker Chanel is pondering an IPO or a merger...
By Sofia Celeste
By Sofia Celeste
As speculation continues to swirl that luxury goods maker Chanel is pondering an IPO or a merger with one of its larger peers (a rumour that the house has continuously denied), it is expanding at an accelerated rate into new territories.Over the last two years, Chanel has also gone on a buying...
As speculation continues to swirl that luxury goods maker Chanel is pondering an IPO or a merger with one of its larger peers (a rumour that the house has continuously denied), it is expanding at an accelerated rate into new territories.Over the last two years, Chanel has also gone on a buying spree, expanding its portfolio outside its fashion & accessories, eyewear, fragrance, skincare,...
Virtual Fashion: From Gaming to the Runway
By Sofia Celeste
When a startup known as The Fabricant sold a diaphanous $9500 virtual dress to Richard Ma, the...
By Sofia Celeste
When a startup known as The Fabricant sold a diaphanous $9500 virtual dress to Richard Ma, the CEO of Quantstamp, as a present to his wife, its founder Kerry Murphy, knew that they were really on to something. “If you think about what is happening in the art world, it really makes sense. Some...
When a startup known as The Fabricant sold a diaphanous $9500 virtual dress to Richard Ma, the CEO of Quantstamp, as a present to his wife, its founder Kerry Murphy, knew that they were really on to something. “If you think about what is happening in the art world, it really makes sense. Some people justify these purchases because they see them as the Mona Lisa of the future,” said Murphy in an...
Is Kering's Fashion Pact Making Headway?
By Aarushi Saxena
As scrutiny over the fashion industry’s wasteful practices intensifies and eco-anxiety grows, the...
By Aarushi Saxena
As scrutiny over the fashion industry’s wasteful practices intensifies and eco-anxiety grows, the Fashion Pact forged by Kering’s François-Henri Pinault is gaining steam. On October 24th, the 32-member union welcomed 24 new signatories. With 56 co-operations involving more than 250 brands, the...
As scrutiny over the fashion industry’s wasteful practices intensifies and eco-anxiety grows, the Fashion Pact forged by Kering’s François-Henri Pinault is gaining steam. On October 24th, the 32-member union welcomed 24 new signatories. With 56 co-operations involving more than 250 brands, the initiative by Pinault is a challenge accepted by French President, Emmanuel Macron. Set in motion in...
Shopping at the Next Level
By Gianluca Cantaro
Michael Kliger, president and CEO of Mytheresa, the Munich-based e-tailer, reveals the secret...
By Gianluca Cantaro
By Gianluca Cantaro
Michael Kliger, president and CEO of Mytheresa, the Munich-based e-tailer, reveals the secret to dealing with the speed of consumption and how to have a global (and happy) consumer base in the luxury market. “In today’s fashion world, we must be aware that our customers don’t need what...
Michael Kliger, president and CEO of Mytheresa, the Munich-based e-tailer, reveals the secret to dealing with the speed of consumption and how to have a global (and happy) consumer base in the luxury market. “In today’s fashion world, we must be aware that our customers don’t need what we sell, but with our experience we make them desire that,” Kliger explained exclusively to Nowfashion...
By Sofia Celeste
Tiffany & Co., the ultimate American luxury brand that was made forever famous when Audrey...
By Sofia Celeste
Tiffany & Co., the ultimate American luxury brand that was made forever famous when Audrey Hepburn nibbled on a croissant before its store window, might shortly become a French possession.  Perhaps that croissant was more of an omen than a prop in the 1961 romantic comedy “Breakfast at Tiffany’s”...
Tiffany & Co., the ultimate American luxury brand that was made forever famous when Audrey Hepburn nibbled on a croissant before its store window, might shortly become a French possession.  Perhaps that croissant was more of an omen than a prop in the 1961 romantic comedy “Breakfast at Tiffany’s” ... after all. And today, the US risks losing one of its most valuable luxury jewels of all.  Media...
Will Gen Z-ers Reshape Luxury?
By Elisabeta Tudor
Most likely. According to various recent studies held by trend forecasters, Gen Zers – the...
By Elisabeta Tudor
By Elisabeta Tudor
Most likely. According to various recent studies held by trend forecasters, Gen Zers – the demographic cohort of people born between people 1995 to 2010 – are likely to "go back to basics," with mobilization, pragmatism, and physical contact, winning over individualism, idealism, and...
Most likely. According to various recent studies held by trend forecasters, Gen Zers – the demographic cohort of people born between people 1995 to 2010 – are likely to "go back to basics," with mobilization, pragmatism, and physical contact, winning over individualism, idealism, and ever-growing digitalization. The luxury industry is currently obsessed with catering to the needs of...
Carlings Enhances AR Offering
By Sofia Celeste
MILAN--Norway-based retailer Carlings, which released its first digital clothing collection in...
By Sofia Celeste
MILAN--Norway-based retailer Carlings, which released its first digital clothing collection in 2018, will unveil a new virtual clothing project in the next three weeks.According to Ronny Mikalsen, the company’s CEO, Carlings will unfurl a new product that uploads physical clothing into a digital...
MILAN--Norway-based retailer Carlings, which released its first digital clothing collection in 2018, will unveil a new virtual clothing project in the next three weeks.According to Ronny Mikalsen, the company’s CEO, Carlings will unfurl a new product that uploads physical clothing into a digital space, with Snapchat-like filtering features.“We are taking artificial reality technology into...
Porsche is More Valuable Than Fashion
By Aarushi Saxena
Luxury car maker Porsche accelerated to the top rank in the Brand Finance Luxury &...
By Aarushi Saxena
Luxury car maker Porsche accelerated to the top rank in the Brand Finance Luxury & Premium 50 list, becoming the world's most valuable brand, while Louis Vuitton was knocked off the second spot by Cartier. Cementing itself as front-runner in the luxury sector, Porsche has increased its brand...
Luxury car maker Porsche accelerated to the top rank in the Brand Finance Luxury & Premium 50 list, becoming the world's most valuable brand, while Louis Vuitton was knocked off the second spot by Cartier. Cementing itself as front-runner in the luxury sector, Porsche has increased its brand value by 54 percent to US$29.3 billion, according to the latest report by Brand Finance, an...
e-P Summit Charts Fashion’s Future
By Jessica Bumpus & Sofia Celeste
The 7th edition of the e-P Summit kicked off in Milan Wednesday under the aegis of the theme...
By Jessica Bumpus & Sofia Celeste
By Jessica Bumpus & Sofia Celeste
The 7th edition of the e-P Summit kicked off in Milan Wednesday under the aegis of the theme “Next Level Now,” tackling key subjects like omnichannel retail and marketing, direct-to-consumer retailing, and 3D digital fashion design. Organized by Pitti Immagine, the one-day power networking event...
The 7th edition of the e-P Summit kicked off in Milan Wednesday under the aegis of the theme “Next Level Now,” tackling key subjects like omnichannel retail and marketing, direct-to-consumer retailing, and 3D digital fashion design. Organized by Pitti Immagine, the one-day power networking event brought together international leaders and key players who are developing the strategies currently...
Decoding Fashion's 2.0 Buying Trends
By Anissa Draa
In an ever-changing digital age and saturated luxury industry, modern-day customers who shop for...
By Anissa Draa
In an ever-changing digital age and saturated luxury industry, modern-day customers who shop for designer clothes and accessories – both on- and offline – are constantly on the look-out for authenticity and want to be engaged in new, unique ways. Anissa Draa, e-buyer at French department store...
In an ever-changing digital age and saturated luxury industry, modern-day customers who shop for designer clothes and accessories – both on- and offline – are constantly on the look-out for authenticity and want to be engaged in new, unique ways. Anissa Draa, e-buyer at French department store Printemps, discusses the status quo of fashion buying and its challenges and what it takes to perfect...
American Shoppers Stimulate EU Retail
By NOWFASHION
The latest edition of the Planet Shopper Index (PSI) – a quarterly rundown of the top 25 most...
By NOWFASHION
The latest edition of the Planet Shopper Index (PSI) – a quarterly rundown of the top 25 most lucrative source markets for European retailers – reveals that international shopper activity across Europe accelerated in the second quarter of the year, mainly driven by US shopper activity and a...
The latest edition of the Planet Shopper Index (PSI) – a quarterly rundown of the top 25 most lucrative source markets for European retailers – reveals that international shopper activity across Europe accelerated in the second quarter of the year, mainly driven by US shopper activity and a bounce-back of visiting nations’ currencies against the pound and euro.  In fact, a strengthened dollar...
IPOs: Waiting for a Tech Unicorn
By Sofia Celeste
Just over a decade ago, investors with a penchant for luxury goods were reeling over the slew of...
By Sofia Celeste
Just over a decade ago, investors with a penchant for luxury goods were reeling over the slew of IPOs that rocked the markets – family-run businesses like Salvatore Ferragamo and Prada among them, following in the steps of Bulgari and Tod’s.That all changed after the financial crisis. Today,...
Just over a decade ago, investors with a penchant for luxury goods were reeling over the slew of IPOs that rocked the markets – family-run businesses like Salvatore Ferragamo and Prada among them, following in the steps of Bulgari and Tod’s.That all changed after the financial crisis. Today, trade woes, weak EU banks, Italy’s bad debt crisis, and political malaise continue to toss cold water on...