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Must Read: What to Expect From Riccardo Tisci's Burberry, H&M Third-Quarter Sales Beat Expectations

Plus, Chanel acquires minority stake in Swiss watch company Montres Journe.
Riccardo Tisci. Photo: Estrop/Getty Images

Riccardo Tisci. Photo: Estrop/Getty Images

These are the stories making headlines in fashion on Monday. 

What to expect from Riccardo Tisci's Burberry
Riccardo Tisci has left a trail of social media teasers ahead of his Monday evening debut for Burberry, but sources close to the brand say the streetwear-inspired looks revealed on Instagram are only a hint of what's to come. Tisci's first collection for the British heritage brand will apparently feature more high-end luxury fashion reflecting a strategy rooted in upscaling and newness. {Business of Fashion

H&M third-quarter sales beat expectations
In the past couple of years, H&M has seen its profits shrink and inventories pile up due to increased competition from low-priced rivals online. However, the Swedish mega-retailer has invested heavily in digitalization, reduced prices further, launched new brands and has a new logistics system, which has helped it to improve sales. On Monday, H&M reported a 9 percent rise in third quarter sales and a 13 percent jump in shares. {Reuters

Chanel acquires minority stake in Montres Journe
Chanel has bought a minority stake in Montres Journe, a Swiss company that makes luxury watches. Established by François-Paul Journe, the company limits production to 900 time pieces a year. Though financial terms of the deal were not disclosed, Chanel released a statement explaining that its stake "will enable Montres Journe SA to continue its development by ensuring its sustainability, as well as its autonomy." {WWD

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Fashion could play an important role in Colombia's recovery 
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Victoria's Secret will host its next fashion show in New York 
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Highsnobiety releases its first book
Highsnobiety has built a huge following for its 24/7 coverage of today's latest streetwear trends, and now the online publication has compiled its knowledge on street fashion in a new coffee table book, available for purchase on Monday. Titled "The Incomplete Highsnobiety Guide to Street Fashion and Culture," the book covers the history of streetwear's influence on fashion and the brands and people that built it. {Highsnobiety

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