Fashion

Birkin handbag maker Hermes outshines rivals with big sales jump

Posted by July 26, 2024

By Reuters Published Jul 26, 2024 Birkin-bag maker Hermes reported a 13% rise in second-quarter sales on Thursday, demonstrating the continued app

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Kering highlights Bottega Veneta’s stellar first half

Posted by July 25, 2024

Translated by Roberta HERRERA Published Jul 25, 2024 While Kering's overall results were shadowed by Gucci’s disappointing performance, Bottega

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Milan Fashion Week unveils an expanded programme for September

Posted by July 25, 2024

Milan is gearing up for an intense Fashion Week in September. The back-to-school catwalk programme, dedicated to the women's ready-to-wear collections for Sp

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Time is running out for Gucci’s makeover

Posted by July 25, 2024

By Bloomberg Published Jul 25, 2024 It’s even worse at Gucci than we thought.Sales excluding currency movements and mergers and acquisitions at

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Bernard Arnault has lost more wealth than any billionaire in…

Posted by July 25, 2024

By Bloomberg Published Jul 25, 2024 French tycoon Bernard Arnault’s net worth has plunged this year by more than anyone else’s on the Bloomber

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Kering warns of profit plunge as Gucci turnaround sputters

Posted by July 24, 2024

By Bloomberg Published Jul 24, 2024 Kering SA warned that its profit is set to tumble in the second half of the year as luxury demand cools and tu

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LVMH shows the luxury sector is in pain

Posted by July 24, 2024

By Bloomberg Published Jul 24, 2024 We’re all drinking less champagne as the world becomes a scarier place. That was the message from LVMH Moet

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Loewe is back as world’s hottest label, On grows fast…

Posted by July 24, 2024

LVMH’s results may not have set the world alight in the latest quarter but there was one piece of good news on Wednesday for April to June — the latest L

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LVMH sales miss estimates as Chinese market slows

Posted by July 24, 2024

By Reuters Published Jul 24, 2024 LVMH sales growth slowed in the second quarter as Chinese shoppers reined in spending on high-end fashion at hom

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New Burberry chief faces tough choices on high-end ambitions

Posted by July 20, 2024

By Reuters Published Jul 20, 2024 Burberry's new boss Joshua Schulman faces an immediate strategy dilemma. On Monday, the former head of Coach

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Luxury industry’s strategy for key handbag category is changing

Posted by July 19, 2024

Translated by Nicola Mira Published Jul 19, 2024 The luxury market has been experiencing severe turbulence since the end of 2023, and labels are

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Balenciaga unveils ambassadorial trilogy – Isabelle, Kim Kardashian and Naomi…

Posted by July 17, 2024

In a busy week of launches of new fashion campaigns, no label quite matches the star power of Balenciaga which on Thursday unveiled an ambassadorial trilogy

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