The global personal luxury goods market is highly fragmented

The global personal luxury goods market is highly fragmented, with the presence of both global vendors and local players, says the recent global personal luxury goods market report by Technavio. This market research report also lists 14 other prominent vendors that are expected to impact the market from 2017 to 2021. With rising competition, manufacturers are bringing in innovative new products to meet the changing demands of customers in accordance with the latest fashion and lifestyle trends. Celebrity endorsements and fashion events are important marketing techniques used by manufacturers to showcase [...]

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Victorinox to stop clothing line

By the end of 2017 Victorinox will close its clothing division. With this the S/S 2017 collection will be the last of the traditional brands from Ibach-Schwyz, with the exception of Japan, where the A/W 2017 collection will be closed. The brand with this focuses on its core business and thus supports sustainable development. “For more than ten years, the garment line has been a valuable asset for our brand,” said Carl Elsener, CEO of the Victorinox Group. “Our priority, however, is to strengthen Victorinox’s position in a constantly changing [...]

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London’s luxury retail sector has the highest growth potential

London continues to be the most promising city for the growth of the luxury retail sector, regardless of the Brexit vote, according to a recent report. The long-term growth potential of London as a luxury destination is more than that of other fashion hubs like New York and Hong Kong in terms of retail property and breadth of international luxury brands. According to the Luxury and Location report conducted by CBRE and Walpole, focusing on the luxury markets in London, New York and Hong Kong, all three of these cities [...]

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Tod’s opens new store in Miami at Miami Design District

Tod’s has opened a new store in Miami´s Design District. The 2400 sq ft space which houses men’s and women’s ready-to-wear and accessories was designed by Bonetti/Kozerski Architecture, the New York-based firm. Polished concrete floors and steel fixtures are juxtaposed against luxurious details, including panelled walls clad in tanned Vachetta leather, a signature fabrication of the house. In keeping with the fashion house’s classical heritage, the bespoke leather sofas in the space were also handcrafted in Italy. Taking cues from the art and design culture of its location, the store’s walls also [...]

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Simone Rocha opens first U.S. store in Soho, New York

London-based fashion designer Simone Rocha has opened her first U.S. store in Soho, New York at Wooster Street, surrounded by neighbours like Céline, Chanel, Thakoon and Byredo. ‘This neighbourhood is perfect for my label, because there are lots of very interesting people within it,’ Rocha explains. ‘It’s creative as well as being commercial, so it really felt like the right fit for me.’ ‘I wanted a space that was filled with my inspirations, but also somewhere that the collections could evolve,’ Rocha says of her approach to the 2,400 sq ft space, [...]

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Marc Jacobs: catwalk re-invented

Staged in the Park Avenue Armory, Marc Jacobs´ Fall Winter 2017 stole the limelight of the New York Fashion Week. Models walked the very long length of the venue past attendees who sat in two single rows (and weren’t allowed to snap photos during the show), then straight out the door and onto the street, where photographers were waiting. With no music, the only sound was the thud of models prowling the scuffed wooden floor. For the finale, attendees rushed out onto the sidewalk to finally take Instagram-worthy shots of the models while [...]

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