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Old fashion: Vintage boom buoys RealReal and jolts luxury labels

PARIS/NEW YORK (Reuters) – Second-hand fashion, once confined to thrift stores, is outstripping sales growth in the primary luxury goods sector, helping market leader The RealReal expand its business and prompting international labels to look at tie-ups. Sales... More »

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Pace of Gulf tech deals heats up as Emaar buys Namshi stake

A logo of Emaar is seen near the Dubai Mall March 16, 2014. REUTERS/Ahmed Jadallah Emaar Malls will buy a 51 percent stake in e-commerce fashion website Namshi from Global Fashion Group, a firm backed by Rocket Internet, for $151 million, a sign of growing dem... More »

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Luxury retailer Jimmy Choo puts itself up for sale

A Jimmy Choo shoe is seen in a shop in downtown Rome, Italy March 1, 2016. REUTERS/Max Rossi British luxury retailer Jimmy Choo (CHOO.L) is seeking offers for the company as part of a review of its strategic options to maximize shareholder value, it said on Mo... More »

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Wal-Mart offers discounts for online orders picked up in store

A man talks on his mobile phone in front of a Wal-Mart store in Sao Paulo, Brazil, February 16, 2016. To match Insight WALMART-BRAZIL/ REUTERS/Nacho Doce Wal-Mart Stores Inc will offer ‘pickup discounts’ to U.S. shoppers on items they order online and pick up ... More »

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Armani to show Emporio women`s line in London this September

Italian designer Giorgio Armani in Milan, Italy February 27, 2017. REUTERS/Stefano Rellandini Giorgio Armani said on Wednesday he would showcase the spring summer 2018 collection of his Emporio Armani women’s line in London this September rather than in Milan,... More »

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Nike to launch high-tech hijab for female Muslim athletes

A woman poses in a Nike hijab being developed for Muslim women athletes, in an undate photo released by the company March 8, 2017. Vivienne Balla/Nike/Handout via REUTERS Nike Inc (NKE.N) will launch a hijab for female Muslim athletes early next year, becoming... More »

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Milan`s fashion week wraps up with Armani`s expressive colors

A model presents a creation from the Giorgio Armani Autumn/Winter 2017 women collection during Milan Fashion Week, in Milan, Italy February 27, 2017. REUTERS/Stefano Rellandini Once again Italian designer Giorgio Armani stunned with bright and eloquent colors ... More »

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J.C. Penney reports comp sales drop, to shut 130-140 stores

Customers ride the escalator at a J.C. Penney store in New York August 14, 2013. REUTERS/Brendan McDermid/File Photo Department store operator J.C. Penney Co Inc (JCP.N) said on Friday it would close 130-140 stores over the next few months, and reported a bigg... More »

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Prada combines soft and strong elements for its winter collection

A model presents a creation from the Fendi’s Autumn/Winter 2017 women collection. REUTERS/Alessandro Garofalo Italian fashion house Prada brought to the catwalk soft and strong designs in an attempt to define the role of women in society, in a powerful show en... More »

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Moschino shows anything can be worn, as long as there is attitude

A model presents a creation from Moschino’s Autumn/Winter 2017 women’s collection during Milan Fashion Week in Milan, Italy, February 23, 2017. REUTERS/Stefano Rellandini “Couture is an attitude, not a price point”, read the plain white t-shirt over sturdy lea... More »

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Movie-inspired Fendi designs treat Milan`s fashion elite

Model Gigi Hadid presents a creation from the Fendi’s Autumn/Winter 2017 women collection during Milan’s Fashion Week, in Milan, Italy February 23, 2017. REUTERS/Stefano Rellandini Milan’s fashion elite strolled down an elegant street in “Rome” on Thursday, sp... More »

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Gucci`s magic garden kick off Milan Fashion week

Italian designers Tommaso Aquilano and Roberto Rimondi acknowledge the applause at the end of the Fay Autumn/Winter 2017 women collection during Milan’s Fashion Week, in Milan, Italy February 22, 2017. REUTERS/Stefano Rellandini The curtain went up on Milan’s ... More »

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At New York Fashion Week, it`s all about breaking the rules

Models present creations from the Marc Jacobs Fall/Winter 2017 collection during New York Fashion Week in the Manhattan borough of New York, U.S., February 16, 2017. REUTERS/Shannon Stapleton New York Fashion Week ended with a flourish on Thursday after a para... More »

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Ethics office urges White House to weigh disciplining Conway

Counselor to the President Kellyanne Conway speaks at the annual March for Life rally in Washington, DC, U.S. January 27, 2017. REUTERS/Yuri Gripas The White House should consider disciplinary action against presidential adviser Kellyanne Conway for appearing ... More »

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Breast cancer survivors bare scars in New York charity fashion show

A model presents creations from the AnaOno collection, a show modeled by women from the group #Cancerland, during New York Fashion Week in Manhattan, New York, U.S., February 12, 2017. REUTERS/Andrew Kelly Defiant breast cancer survivors, some with raised fist... More »

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Trump aide says endorsement of Ivanka`s brand was `light-hearted`

White House counselor Kellyanne Conway arrives for the joint news conference of Japanese Prime Minister Shinzo Abe and U.S. President Donald Trump at the White House in Washington, U.S., February 10, 2017. REUTERS/Joshua Roberts A top aide to U.S. President Do... More »

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Diversity to rock the runway at New York Fashion Week

FILE PHOTO – Model Gigi Hadid and designer Tommy Hilfiger acknowledge attendees after presenting Hilfiger’s Spring/Summer 2017 collection at New York Fashion Week in Manhattan, New York, U.S., September 9, 2016. REUTERS/Andrew Kelly/File Photo From faux furs a... More »

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Burberry`s CEO designate to join firm this month

A customer walks in front of a Burberry store in central London July 15, 2008. REUTERS/Alessia Pierdomenico/File Photo British luxury brand Burberry (BRBY.L) said on Monday its incoming chief executive Marco Gobbetti will initially join the company on Jan. 27 ... More »

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Tokyo office boom fades with more space, fewer workers

Medium-rise and low-rise residences and office buildings are seen from the first observatory deck of Tokyo Sky Tree in Tokyo October 30, 2011. REUTERS/Issei Kato/File Photo Commercial property prices in Tokyo, a bellwether for Japan’s market, look to have peak... More »

Last-minute spending surge lifts U.S. holiday shopping season

People walk with shopping bags in Manhattan, New York City, U.S. December 27, 2016. REUTERS/Andrew Kelly A jump in consumer spending in the final stretch of December significantly offset a slow start to the U.S. holiday shopping season, and is likely to help m... More »

Climate change pushing U.S. fund managers out of apparel stocks

Discount sale tags are seen on clothes at a department store in Paris on the first day of the winter sales in France, January 6, 2016. REUTERS/Benoit Tessier/File Photo Retailers have long relied on sales of high-margin winter coats and boots to boost annual p... More »

Thanksgiving, Black Friday store sales fall, online rises

Shoppers stand in a checkout line during Black Friday sales at a Target store in Culver City, California, U.S. November 25, 2016. REUTERS/David McNew Sales and traffic at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday declined from last year... More »

Wal-Mart will offer Cyber Monday deals starting Black Friday

A clown sits inside a bus seen in front of a Wal-Mart store in Mexico City January 11, 2013. REUTERS/Edgard Garrido/File Photo Wal-Mart Stores Inc will start offering online deals reserved for Cyber Monday two days in advance this year, joining a growing list ... More »

Feathers and nostalgia add glam to Prada spring collection

Models present creations at the Prada fashion show during Milan Fashion Week Spring/Summer 2017 in Milan, Italy, September 22, 2016. REUTERS/Max Rossi Retro trenchcoats, feathered cuffs and brightly colored patterns hinting at the 1960s and 70s were among the ... More »

With Brexit in spotlight, London picks up fashion show baton

A model presents a creation at the Ryan Lo catwalk show during London Fashion Week Spring/Summer 2017 in London, Britain September 16, 2016. REUTERS/Neil Hall A rainy London kicked off five days of catwalk shows on Friday, with questions over what consequences... More »

U.S. data point to strong domestic demand, stirring inflation

WASHINGTON U.S. retail sales rose strongly in May as Americans bought automobiles and a range of other goods, even as they paid more for gasoline, suggesting that economic growth was gaining steam despite a sharp slowdown in job creation. Other data on Tuesday... More »

Ahead of Oscars, fashion brands flock to Hollywood spotlight

LOS ANGELES Celebrities might be flocking to the front rows of this week’s London Fashion Week shows, but some designers are swapping the runway for Hollywood’s awards season red carpets as the fashion world seeks new ways to draw attention. Ahead of Sunday’s ... More »

Designers show latest luxury creations at Paris haute couture

PARIS With smart outfits and sweeping evening gowns, designers showcase their luxury creations at the Paris haute couture fashion shows this week. From France’s Chanel to Italy’s Versace, more than 20 fashion houses will show their spring-summer 2016 haute cou... More »

Holiday shopping unlikely to cheer many investors

SAN FRANCISCO The holiday shopping rush that kicked off on Friday is unlikely to bring much cheer to investors looking for a revival in retail stocks. After months of uninspiring sales growth and recent disappointments from Macy’s and Nordstrom, shareholders o... More »

U.S. store sales down slightly for Thanksgiving and Black Friday

CHICAGO Sales at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday were down slightly from last year, but the performance was still seen as strong in a holiday shopping season where discounts spread well beyond the weekend and many shoppers mov... More »

Spanish recluse behind Zara briefly becomes world’s richest man

MADRID Amancio Ortega, who transformed clothing group Inditex from a tiny family dressmaker into Spain’s biggest company, briefly overtook Bill Gates on Friday to become the world’s richest man. Although a 10 percent surge in the share price of Microsoft later... More »

Fashion firm puts Rome’s ‘Square Colosseum’ to work

ROME A boxy monument to Italy’s Fascist era is filling with workers for the first time in its 70-year history as fashion brand Fendi opens its new headquarters at the restored “Square Colosseum”. The travertine structure, formally known as the “Great House of ... More »

American Apparel files for bankruptcy

Troubled teen apparel retailer American Apparel Inc (APP.A) filed for voluntary chapter 11 bankruptcy protection on Monday and said it had reached a restructuring support agreement with most of its secured lenders. American Apparel said it would continue to op... More »

Emporio Armani presents breezy line for next spring

MILAN Italian designer Giorgio Armani presented fluid silhouettes and overlapping layers in shades of pink inspired by a “summer breeze” on Friday as he showed next spring’s Emporio Armani collection for women at Milan Fashion Week. Armani, who celebrates four... More »

Prada revamps skirt suits with stripes, tweed, plaid

MILAN Italian fashion house Prada mixed masculine and feminine styles for next spring’s womenswear, presenting a reconstruction of skirt suits and outerwear in stripes, tweed and plaid. Under a ceiling of yellow fibreglass panels and cylinders, designer Miucci... More »

London designers blend creativity with commerce at fashion week

LONDON London Fashion Week has sharpened its business focus over the past few years to usher in a new generation of fashion designers who blend creativity with a healthy dose of commerce. Long known as the little sister to Paris, Milan and New York, London is ... More »

NY exhibit unties history, culture of sneakers

NEW YORK From rubber-soled footwear in the 1830s to a spike running shoe in the 1860s and luxury creations by designers Christian Louboutin and Prada, a new exhibit traces the history of sneakers from their humble beginnings to iconic status. “The Rise of Snea... More »