Fashion & Luxury Market Update

Issue 635

This week’s top stories in the fashion and luxury sector:

Yoox Net-a-Porter set to exit China
(Financial Times - you may require a subscription to view this article) 

LVMH and Accor partner to develop Orient Express
(Fashion United) 

Balenciaga and Versace among labels reducing prices on e-commerce in China
(Fashion Network) 

Michael Kors plans price increases
(Retail Gazette) 

Circular Threads launches pre-loved online marketplace for South Asian fashion
(Fashion Network) 

Polish fashion retailer LPP reports strong Q1 performance growth
(Fashion Network) 

American clothing company Express receives bankruptcy court approval for its $174 million sale
(Fashion Network) 

Thai Central Group acquires remaining assets of KaDeWe luxury department store
(Fashion Network)