15 April 2026
Airports are shut — and luxury’s highest-margin channel is buckling
Travel retail is a $74 billion industry. Stores are shifting stock between airports, and DFS is already costing LVMH two points of growth.
News
What is happening in fashion: trends, brands and launches.
14 April 2026
Gucci falls for an eleventh straight quarter — sales are half their 2023 level
Down 8% in the quarter — days before Luca de Meo is due to unveil his plan to turn around the €33 billion group.
14 April 2026
Mall traffic in the Middle East halved — and it cost LVMH a point of sales
Shares fell 3%, down 27% year to date. “If they’re doing all the right things and they’re struggling to move the dial, then it speaks to the broader malaise in the sector.”
13 April 2026
Dubai has stopped being a goldmine: luxury sales fell 30–50%
Annual sales per square metre here topped several hundred thousand euros, multiples of the global average. In March, Dubai Mall footfall halved.
02 April 2026
Mark Thomas exits Carven after two shows
“There’s no need to break what’s starting to work,” he said before his first show. A year later he is leaving, and the house is without a designer again.
02 April 2026
Shanghai has stopped chasing: minimalism is over, colour and emotion are back
The week closed with Glenn Martens’s Maison Margiela show. But the real story is not a single trend — it is a change in posture: the city no longer reacts to the global system, it operates within it.
30 March 2026
Drew Henry takes over Courrèges — another alumnus of Phoebe Philo’s studio
Philo-era Céline turned out to be modern fashion’s main talent factory: Daniel Lee, Matthieu Blazy and Michael Rider all came through it. Now Drew Henry.
27 March 2026
Fifteen brands are ready to enter India tomorrow. There is no space
A country of 1.5 billion people has just three true luxury malls. Expanding the main one will not be finished before the end of 2028.