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Fashion, luxury and lifestyle news aggregator - May 2025
Posted: 06/05/2025
The fashion industry is likely to be among the hardest hit by Trump's reciprocal import tariffs, with 98% of clothing sold in the US being imported, in particular from China and Mexico. The tariffs include a 10% duty on all imports to the US, but those countries with whom America has bigger trade deficits (which include China and Vietnam) face a higher......>>
Fashion, luxury and lifestyle news aggregator - March 2025
Posted: 28/03/2025
Luxury shoe designer Steve Madden recently announced that it is set to acquire British brand Kurt Geiger from private equity firm Cinven for approximately £289 million. The transaction is expected to close in the second quarter of 2025. Edward Rosenfield (chair & CEO of Steve Madden) expressed his excitement for the deal, noting that Kurt......>>
Cloudy skies ahead for Aldi – Thatchers reigns victorious over Aldi’s imitation cider
Posted: 11/02/2025
The Court of Appeal recently handed down a decision in which it partly overturned the Intellectual Property Enterprise Court’s (IPEC) judgment and found that Aldi's packaging took unfair advantage of Thatchers' well-known trade mark. Thatchers alleged that its registered trade mark (depicted below) was being infringed by Aldi’s own......>>
Fashion, luxury and lifestyle news aggregator - January 2025
Posted: 03/02/2025
Data from the British Retail Consortium (BRC) painted a muted picture for the retail industry across the festive period, with sales growth of 4% year on year in the three months to December 2024, and total retail sales for the year increasing by a modest 0.7% from 2023. Helen Dickinson, chief executive at the BRC, said it was......>>
Fashion, luxury and lifestyle news aggregator - November 2024
Posted: 03/12/2024
Labour’s Autumn Budget has had a muted reception from the retail sector, the general consensus being one of concern over the increased costs the industry will face. Of the main changes that will impact retailers, the employer National Insurance contribution will rise from 13.8% to 15%, and the threshold at which it applies will also drop from......>>
Fashion, luxury and lifestyle news aggregator - October 2024
Posted: 31/10/2024
The owner of British luxury brand Mulberry has rejected a second acquisition offer from Frasers Group. Challice Limited, Mulberry’s majority shareholder holding a 56% stake, described the offer as an ‘unwanted distraction’ and said it had ‘no interest’ in selling its shares in the fashion brand to the retailer. The £111 million bid follows an earlier £83 million......>>
Fashion, luxury and lifestyle news aggregator - September 2024
Posted: 30/09/2024
The Olympic and Paralympic Games were held in Paris this summer and, as predicted, saw a fusion between the worlds of sport and luxury fashion. French fashion group LVMH was described as ‘dominating’ the 2024 Games in a ‘multifaceted’ deal worth approximately USD $163 million that saw several of its ‘iconic Maisons’ taking on......>>
Fashion, luxury and lifestyle news aggregator - June 2024
Posted: 01/07/2024
Earlier this month ultra-fast-fashion retailer Shein filed for a London listing which could value the company at up to $50 billion. It comes after reports that an initial listing in the US fell through as a result of the giant’s extensive operations in, and links to, China. Shein, known for its affordable, trend-driven fashion, has seen rapid growth in recent years......>>
Fashion, luxury and lifestyle news aggregator - May 2024
Posted: 30/05/2024
Luxury brands are capitalising on artistic strategies to increase sales. Recently, Gucci presented its Cruise 2025 collection at London's Tate Modern, marking the shared history between the fashion house and the capital. Their collaboration has extended to Gucci supporting the Tate's upcoming ‘Electric Dreams’ exhibition and a......>>
Fashion, luxury and lifestyle news aggregator - April 2024
Posted: 30/04/2024
Pre-loved fashion retailer, Luxe Collective, has gone viral on social media for challenging members of the public to distinguish between real and fake designer handbags at its recent pop-up event in Liverpool. Luxe is a resale marketplace known for its ability to identify authentic pre-owned luxury goods and is one of the UK’s ‘fastest......>>
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