Victoria’s Secret fans are in for some bad news. The lingerie retailer will stop selling swimwear by the end of this year according to a report by BuzzFeed News. Victoria’s Secret parent company L Brands had announced in March its intentions to ‘cut certain merchandise...

Tiffany & Co. announced an unprecedented global collaboration with Net-a-Porter. The Famed New York jewelry house and the luxury e-commerce hub partnership is equal parts exclusive as it is true to the heritage and style of each brand. The collaboration will begin April 27 with a...

Fashion designer Tommy Hilfiger has bought the Raleigh Hotel in Miami’s South Beach. Following in the footsteps of Versace, Armani and Bulgari, the American clothing mogul reportedly purchased the Raleigh Hotel for $70 million in 2014 and plans to convert it into a membership-based...

Spanish luxury house Loewe is set to open its first standalone store in Australia later this year. The international retailer will mark its presence in late 2016 in partnership with Emerald Group Investments (EGI) who will serve bulk up the brand’s wholesale presence. The investment...

Italian fashion brand Valentino has beaten its own financial forecast having topped $1 billion in annual sales. According to WWD, revenues jumped a full 48% percent in 2015 going from $880.4 million in 2014. ‘The one billion figure is symbolic; we have arrived at a dimension and...

Tamara Mellon has put her Brand (TMB) back on the fashion landscape after emerging from a 60-day period of Chapter 11 bankruptcy protection. A US court in Delaware approved plans to restructure her Tamara Mellon Brand, which include a $10m investment from venture capital firm New Enterprise...

Footwear luminary Tamara Mellon has put her namesake brand into bankruptcy. The founder of Jimmy Choo and now owner of a ready-to-wear and footwear label that bears her name, voluntarily filed for bankruptcy protection from her creditors and plans to exit Chapter 11 in 60 days. According to...

Maxim Editor-in-Chief Kate Lanphear is stepping down after little more than a year. The former style director for T magazine joined the lad mag in September of last year with the aim of reinventing it as a men’s lifestyle magazine by finding a more empowering way of celebrating women....

Clothing chain American Apparel, filed for Chapter 11 bankruptcy protection early Monday. Over the last one year, the Los Angeles-based company has been in the midst of a turnaround effort. It amassed huge legal bills from lawsuits with controversial founder Dov Charney who was fired in...

Ralph Lauren, announced Tuesday that he will step down as chief executive officer from the corporation that bears his name. The American designer named Stefan Larsson, the global president of Gap division Old Navy, to succeed him in the post at Ralph Lauren Corp in November. Lauren will...

Inditex, parent company of Spanish retail behemoth Zara, reported a 26 percent net profit increase for the first half of 2015. In a statement on Wednesday, the world’s largest clothing retailer said that the Net income rose to 1.17 billion Euros in the six months through July, up 17...

Natalie Massenet, the founder and chairwoman of luxury online retailer Net-a-Porter has abruptly resigned, halfway through its pending merger with Italian e-commerce group Yoox. Ms. Massenet who worked as a model in Japan before starting her career in journalism at Women’s Wear Daily...

Following on his exit from Balenciaga just a week ago, Alexander Wang has opened his first European flagship store in London. Located in a former post office on Mayfair’s fashionable Albemarle Street, the 625 square-metre store is his largest flagship store to date and spans three...