Drapers Fashion retail industry news, trends and analysis
With Jonathan Anderson confirmed as Dior’s sole creative director across all categories, Drapers asks luxury analysts and recruiters what his top priorities will be at the storied fashion house.
Luxury
Pierpaolo Piccioli appointed creative director of Balenciaga
Former Valentino creative boss Pierpaolo Piccioli has been confirmed as creative director of Kering-owned Balenciaga, effective 10 July.
British luxury exports plummet post-Brexit
British luxury fashion exports to the European Union are 43% lower than they would have been without Brexit, new research has found.
Will Prada Group become the next luxury powerhouse?
Drapers speaks to luxury fashion veterans and analysts on whether Prada Group's $1.375bn (£1bn) acquisition of Versace could herald the emergence of a new rival to LVMH and Kering.
Bond Street named Europe’s most expensive shopping street
London’s Bond Street now has the highest prime rent in Europe at €15,333 (£13,162) per sq m.
Vinted launches luxury resale edit
Vinted has launched House of Vinted, a new luxury fashion pop up and digital edit featuring designer items from The Row, Prada, Gucci and Maison Margiela that are available to buy.
Net-A-Porter: what we’re buying for AW25
Kay Barron, fashion director of Net-A-Porter, tells Drapers about her highlights from the autumn/winter 25 catwalks of New York, London, Milan and Paris.
End Clothing: what we’re buying for AW25
The autumn/winter 25 season has come to close on the catwalks of New York, London, Milan and Paris. Drapers catches up with leading luxury buyers for their top picks from the season. Sevcan Halit, buying manager at End Clothing, shares her highlights.
Mytheresa: what we’re buying for AW25
Tiffany Hsu, chief buying officer at German luxury etailer Mytheresa, tells Drapers about her highlights from the autumn/winter 25 catwalks of New York, London, Milan and Paris.
Harvey Nichols: what we’re buying for autumn/winter 25
In a season defined by the musical chairs at the top of the luxury industry, leading buyers reflect on their standout moments and designs from the autumn/winter 25 catwalks of New York, London, Milan and Paris. First in the series is Kate Benson, chief merchant at Harvey Nichols.
Revenue up as Hermès defies luxury slowdown
Luxury brand Hermès reported a 15% increase in turnover to €15.2bn (£12.6bn) in 2024, compared to 2023. Operating income was also up year on year.
Mulberry CEO: ‘We lost our minds when we increased prices’
Mulberry CEO Andrea Baldo said the brand's current retail prices were “perfect” for entry-level luxury, and will help get the business back on track.