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CHANEL opens two pop-up stores in Paris in the Marais district

Chanel has opened two pop-up boutiques in Paris, in the Marais district on rue Vieille-du-Temple within landmark mansion known as the Hôtel Amelot de Bisseuil. They are slated to remain open through May 2017. One of the boutiques covers 127 sqm showcasing ready-to-wear and accessories, headlined by the Coco Cuba resort collection that was unveiled in Havana last May. The other boutique is smaller covering only 37 sqm being entirely dedicated to shoes. Bruno Pavlovsky, president of Chanel fashion, said about the openings that they “test to see if there [...]

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Ralph Lauren shuts down flagship store in Hong Kong

Ralph Lauren has recently closed its 20,000 sq ft flagship store in Hong Kong at the Lee Gardens Complex on Causeway Bay. The store was opened in 2014. Ralph Lauren still operates a store dedicated to menswear at Landmark Prince’s in Hong Kong’s Central district. Contacted for comment, a representative of the brand said the closure was “part of our strategic and financial plan”, adding: “We are redeploying assets to focus on new concept stores and transition away from unprofitable formats and locations.”

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Farfetch to create a revolutionary new Store of the Future concept

Farfetch, the online platform to shop the world’s largest selection of luxury, will be hosting an event in London to unveil Store of the Future, a unique suite of emerging technologies set to revolutionise luxury fashion. According to the company, the Store of the Future concept will change the way brands and retailers interact with their customers online and offline. José Neves, Founder and CEO of Farfetch commented: “The e-commerce model that most companies embraced until now needs to change to become much more customer-centric. The future of luxury fashion [...]

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Mulberry reports revenues up 7% in the first half of 2016

Mulberry posted a pre-tax loss of £0.5m in the first half of 2016 but it wasn’t a return to the bad old days as the company’s recovery curve still seems to be heading upwards under new creative chief Johnny Coca. The loss in the six months to September 30 may have compared badly to a tiny pre-tax profit in the previous year’s first half, but there was plenty of good news too. Revenues leapt 10% to £74.5m with comparable sales up 7%. And digital sales surged 32%, to account for [...]

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Harry Winston opens new store in Moscow

Located at Stoleshnikov, 7, the new Harry Winston store in Moscow covers 313 sqm salon and houses Harry Winston’s most exquisite fine jewelry and timepiece collections, including the rarest diamonds and gemstones available today. “Russia has long played an integral role in the luxury market,” said Nayla Hayek, CEO of Harry Winston Inc. “The country’s prestigious Stoleshnikov Lane, in historic central Moscow, is regarded as one of the most luxurious shopping avenues in the world and faces increasing demand for fine goods and exclusive offerings from both local residents and [...]

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MCM opens new flagship store in London’s Mayfair

German luxury brand MCM has recently opened a new flagship store in London. Covering 2,690 square feet the new MCM store is located at 16 Conduit Street midway between Bond Street and Regent Street. MCM is set to officially celebrated its new store opening on December 6, in honour of the brand’s 40th anniversary. “We’re in Harrods and already have a larger space there but we need to upgrade our wholesale distribution in stores like Selfridges. We are also opening in Flannels [the UK luxury chain].” said Global CEO Paolo Fontanelli. [...]

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