MBS Intelligence
Fashion & Luxury
Does homeware represent the biggest opportunity in retail today?
In the last few months, people have connected with their homes in a way their pre-Covid lives had never allowed. During lockdown, our homes became multi-functional spaces: providing a curated and comforting living...
Why risk aversion to digital will be the death…
Last week, a fashion retailer told me that they’d had to complete a full digital transformation in the space of just four weeks. This feat is part of a wider trend: when it comes to innovation and truly embedding a...
The fast-growing, science-led health and wellness trend: in conversation…
Over the last few months, every one of us has had to reconsider our approach to health and wellness. The Covid-19 crisis has not only posed a physical threat to our health, but also shaken up our daily...
Lessons from Asia: Optimism amid the disruption – Interview…
The very first time that I went to China, one of my first ports of call was Lane Crawford, where the boutiques are world class, very forward thinking and respected across the industry. It was therefore to the President...
Why do luxury pop-ups work and who’s doing them…
At the beginning of July, Louis Vuitton announced New York as the next location in its global pop-up tour. The 6,000-square-foot monochromatic space covered entirely in neon green ran from 12th until 21st July and...
Artisanal Movements: Luxury watches in the age of ecommerce
Luxury, steeped in years of tradition, is a sector that has resisted the allure of ecommerce. However, the industry appears to be experiencing a change of heart. Disruptive technology has been rolled out by major brands...
Out of Africa: Reviving and accelerating luxury in Africa
Any excuse for me to go home to South Africa and as luck would have it, this year the Condé Nast International Luxury conference was held in Cape Town in a fabulous venue overlooking the Atlantic Ocean. What started...
Looking ahead to Copenhagen in the Extinction Rebellion era
Last week, the UK became the first country to declare a climate emergency - one of the key demands put to the Government by Extinction Rebellion after haranguing London last month. But, the fact that it’s the 10th...
The rise of the Asian consumer – Pt II…
In our first column on the rising influence of Asian consumers, we touched on the region’s growing affluence and whether brands are adapting fast enough. Despite some companies failing to connect with Asia’s middle...
Latest Fashion & Luxury News
Ralph Lauren reports reduction of greenhouse gas emissions in latest report The US fashion brand saw a 33% reduction in greenhouse gas emissions and a 24% reduction in total water use in its Global Citizenship and Sustainability Report. This shows progress towards its goal of 100% sustainably sourced materials by the end of 2025. Read more.
Nadaam announces retail expansion The sustainable cashmere brand, which is backed by private equity firm Vanterra Capita, is opening pop-ups in Boston, New York City and Chicago. This expanding retail footprint builds on its 1,000sq ft flagship store in Manhattan. Read more.
Chanel buys 42 Avenue Montaigne The French fashion brand has purchased the store amid luxury fashion houses buying real estate in landmark locations. Around a block away from the Champs-Elysée, the amount for the sale of the boutique has not been disclosed. Read more.
All Saints reports record breaking results for the third year running The retailer saw EBITDA increase by 18% while operating profit rose to £39.9m. It says its strong performance is due to a reduction in promotional and markdown activity as well as wholesale growth, franchising and licensing channels. Read more.
Vince sees net sales increase in second quarter The luxury US fashion brand has reported a 6.8% increase in net sales compared to 2023’s second quarter, despite direct-to-consumer segment sales decreasing. Vince’s CEO, David Stefko, attributed this to its wholesale strength. Read more.
Cassandra Grey buys back Violet Grey Cassandra Grey has reacquired luxury retailer Violet Grey from Farfetch, with private equity veteran Sherif Guirgis joining as Co-Owner, Chairman, and CEO. Cassandra will serve as Chairman and Artistic Director of Violet Lab. Read more.
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