1. Calvin Klein to close luxury collections business
The American fashion brand Calvin Klein has announced that it is shutting its luxury collections business. It will instead focus on its existing categories, including denim and underwear.
Read this on The Guardian.
2. Luxury fashion continues its mission to support women
As the world turns to embrace women and push for equality, luxury brands are participating in full force for this year’s International Women’s Day to show that supporting the gender is an integral part of their businesses.
Read this on Luxury Daily.
3. How to create an authentic luxury experience for millennials
Recently, a CEO of a luxury brand asked me if I would agree that for millennials, especially in China and Asia, luxury is all about experiences, suggesting that brand, quality, and craftsmanship were not nearly as important. That in today’s digital — everything all of the time — world, it’s all about connection.
Read this on Jing Daily.
4. Luxury Defies China Slowdown Fears
From Richemont to Kering, some of the biggest names in luxury reported strong growth in their end-of-year results, with the majority citing the Chinese market as a key driver.
Read this on Business of Fashion.
5. How What Goes Around Comes Around is attracting millennials to buy vintage
What Goes Around Comes Around (WGACA) is making luxury vintage cool again for the millennial buyer. Known as the premier destination for the finest collectible luxury vintage from around the world with an unrivaled selection of designer accessories and clothing from brands such as Chanel, Hermès, Louis Vuitton, Gucci, Versace, Dior and Fendi.
Read this on Forbes.
Cover image credit: Calvin Klein