Kering to possibly close stores in Hong Kong – 2/8/15

Hong Kong has been the talk of the luxury industry for the last year or so. The talk was mainly around the protests in Hong Kong and then the slow down in sales in the Asia-Pacific region and now it has been revealed that retail rents in Hong Kong are among the most expensive

Alexander Wang to leave Balenciaga – 1/8/15

In news that is expected to shock the luxury industry, Balenciaga and Alexander Wang have announced their joint decision not to renew their contract beyond its initial term. Wang has been at the creative helm at Balenciaga since 2012 and has been instrumental in the pursuit of its development. Commenting on the announcement, Alexander

Is this the end of the Birkin? 31/7/15

The Hermès Birkin would have to be one of the most coveted bags in the world to own. Everyone wants to own a Birkin…even the celebrities fight amongst themselves to make sure that they get one on their arm. But…. could the Birkin soon become a memory? It was revealed this week that British