Luxury brands

New Yorkers and tourists will once again stroll between the rings and diamonds of jeweler Tiffany & Co. on Fifth Avenue, which officially reopened for business on April 26 after extensive renovations under new owners, French luxury giant LVMH.

With flowing kaftans, fluid separates and glamorous maxi dresses, Western luxury fashion brands are increasingly targeting the monied Middle Eastern market with Ramadan capsule collections.

Two Rolexes that carried "sentimental" value for actor Paul Newman will be auctioned as part of a broad collection of the late icon's personal effects, with the timepieces each expected to earn up to $1 million.

Sotheby's said last month that more than 300 items owned by the movie star and car racer Newman and his wife of 50 years Joanne Woodward would go under the hammer on June 9.

The Geneva watch fair opened on March 27 buoyed by booming growth in the watchmaking industry, but insiders warily eyed the banking sector turmoil, evoking painful memories of the 2008 financial crisis.

Italian designer Sabato De Sarno has been named the new creative director of Gucci and will unveil his first collection during Milan Fashion Week next September, Gucci and parent company Kering announced Saturday.

De Sarno has previously worked for Prada, Dolce & Gabbana and Valentino, where he was most recently fashion director overseeing both men's and women's collections.

Swiss watches are in high demand these days, but sales of second-hand timepieces are also booming, driven by Generation Z buyers who want luxury goods but are also sustainability-minded.

Women are increasingly making their mark in men's fashion, breaking through the "fabric ceiling" that has seen the industry dominated by men, and attracted by a sector where some of the most radical changes are taking place.

Menswear proved to be in reinvigorated form as Paris Fashion Week ended on June 26 with spectacle, innovation and the return of big-name designers to the catwalk.

The week concluded with the surprising return of fabled French designer Hedi Slimane, formerly of Dior and Saint Laurent and now with Celine. Two years ago, he had announced he was done with the official fashion calendar.

With feats of contemporary dance and fiery orbs being flung from cranes, two of the showiest men's brands on June 23 brought some spectacle back to Paris Fashion Week after a subdued couple of years.

Japan's Issey Miyake, known for innovative and dazzling catwalk shows, returned to Paris on for the first time since the start of the COVID-19 pandemic.

They cut their top brand name bags