​Harvey Nichols has faced tough conditions in recent years but it’s now hoping for better times ahead with the announcement of a new CEO from one of luxury's major labels.

Hermes has potential to surpass LVMH’s flagship Louis Vuitton in the coming years as the luxury industry’s biggest brand by turnover, according to Citigroup Inc. analysts.

​Fine jewellery brand Michael Hill announced on Monday the appointment of model and entrepreneur, Miranda Kerr, as its brand ambassador.

​Valentino has opened the doors of a major new flagship on upscale Sloane Street in London, which it said continues the label’s “evolution towards a more intimate, design-led retail dimension”.

Charles & Colvard, the fine jewelry company known for its lab-created gems, announced on Tuesday American actress Skyler Samuels as its new brand ambassador.

Yorkshire-based luxury jeweller Berry’s Jewellers has continued its three-year run of positive trading.

The New York-based jewelry house Tiffany & Co., owned by LVMH, has promoted Sophie Joly to the position of General Manager France, Benelux, and Monaco.

​YNAP’s Mr Porter has unveiled a new Made with Craft campaign “featuring a curated edit of seasonal products and exclusive capsule collections celebrating craftsmanship and artisanal skills”.

Footwear brand Birkenstock’s ‘first-of-its-kind’ community studio and global activation space in East London has a second artist-in-residence – Jyrrel Roberts.

As top brands like Gucci and Prada prepare to report billions in sales this month, luxury fakes on the streets of Naples are also yielding a jaw-dropping cash stream -- for the mafia.

Fledgling retail area Borough Yards has signed four new independent retailers to join its “culinary and cultural neighbourhood” in Southwark, near London Bridge and the popular Borough Market. 

​Richemont’s renewed attempts to divest Yoox Net-A-Porter have attracted the attention of luxury rival Mytheresa, a report has claimed. It's believed to be among potential bidders to buy loss-making e-tail giant YNAP.

​UK-based Grosvenor may be best known for its ownership of vast tracts of London’s West End but it also has major international businesses and one of them has struck a key deal with Bulgari.

One key test of an artist or designer is whether they have a powerful signature style, which explains the remarkable longevity of Jean-Charles de Castelbajac who on Wednesday launched a limited edition watch with MB&F.

The appointment of Charles Leung as CEO of the LVMH group’s jewellery brand has been confirmed. The former Fred CEO replaces Jean-Marc Mansvelt, now in charge of Berluti, another label of the luxury group. 

Luxury labels have recently been focusing on their more affluent clientèle, but they should not overlook aspirational customers, whose numbers are rising worldwide and who have extremely varied profiles.