The market is shrinking and labels are reviewing their leather accessories’ prices and assortment, cutting down on small leather goods and relying on expensive high-end items, according to a Retviews by Lectra study.

The UK has its first Labour government in 14 years with a landslide win for the Labour Party. But the Prime Minister has a huge task ahead and it's unclear how close government actions will be to industry wishlists.

Extravagant real estate spending by top luxury groups is set to disrupt the high-end retail landscape, not without impacting luxury labels’ finances, according to a study conducted by Bernstein for Altagamma.

Mario Jorge Machado, recently elected President of the European textile and clothing industry confederation Euratex, was in Paris this week to meet industry leaders.

Prosecutors in Milan are investigating the supply chain of around a dozen more fashion brands, after a unit of France's LVMH in Italy was placed under court administration in a worker exploitation probe.