Burberry appoints Versace boss as new CEO

Burberry has appointed Jonathan Akeroyd, head of Italian rival Versace, as its new chief executive, the British fashion house announced Wednesday. The 54-year-old Briton and fashion veteran will take the reins on April 1 next year, returning home after a five-year stint at Versace, Burberry said in a statement. He will replace Marco Gobbetti, who […]

Versace and Fendi take their turn as Milan Fashion Week ends

Milan Fashion Week drew to a close on Monday, a day after Versace and Fendi shared the catwalk in a collaboration that saw each artistic director playing with the codes of the other house. But some critics regretted a return at the week’s events to the old norms of ultra-slim, very young models compared to […]

Swarovski latest luxury brand to apologise to China

Austrian jewellery company Swarovski apologised Tuesday for “hurting the feelings” of Chinese people after calling Hong Kong a separate country on its website, becoming the latest luxury brand to come under fire in China.

Chanel sheds crocodile and snake skin

Chanel said Tuesday is would no longer use exotic animal pelts, making it the first luxury fashion house to turn its back on crocodile and lizard skin, a move hailed by animal rights groups.

Five things to know about Versace buyer Michael Kors

Global fashion giant Michael Kors announced Tuesday that it had agreed to buy Versace, signaling an intention to move deeper into the international big league after snapping up shoemaker Jimmy Choo last year.

Five things to know about Versace

Italian fashion giant Versace, known for its Medusa head logo and being one of the few remaining family-controlled businesses in the industry, is reportedly being sold to US fashion group Michael Kors.