Don-Alvin Adegeest

Abercrombie & Fitch, the American fashion retailer, is set to strengthen its presence in London's prime retail landscape with two strategic openings at the end of January 2025.

In the long history of California's relationship with wildfire, perhaps nothing captures the human toll quite like the destruction of beloved local businesses - those carefully curated spaces that form the backbone of community identity. The ongoing devastation in Pacific Palisades brings this truth into sharp focus, particularly with the loss of Elyse Walker's flagship store, a fashion institution that has helped launch countless designers' careers.

After years of exceptional growth fueled by surging demand, price increases, and the dominance of megabrands, the luxury industry is facing a significant slowdown. Between 2019 and 2023, the sector achieved a 5 percent annual growth rate, driven by record profitability and strong performance in China, but by 2025, macroeconomic headwinds and shifting consumer preferences have curtailed momentum.

Proenza Schouler, the New York-based luxury fashion house, announced that founders Jack McCollough and Lazaro Hernandez will step down as creative directors effective January 31st.

Italian luxury group Slowear is set to consolidate its stable of specialist brands under a single umbrella, marking a significant shift in strategy for the business known for its premium casualwear.

French fashion house Jacquemus, renowned for its cinematic runway presentations in countryside locales, is making a much-anticipated return to Paris Fashion Week, this time with a high-tech twist.

Non-food retailers demonstrated unexpected strength in December 2024, despite overall retail sales declining 0.3 per cent month-on-month, according to data from the Office for National Statistics.

The Musée du Louvre is set to break new ground with "Louvre Couture", an ambitious exhibition exploring the connection between high fashion and classical art.

The death of American filmmaker David Lynch last week has left an irreplaceable void in cinema, marking the end of a visionary career that revolutionised the entertainment world.

Against a backdrop of unprecedented global events — from devastating Los Angeles wildfires that have imperiled the city's robust retail infrastructure