Fashion
Balmain appoints Bruna Scognamiglio as head of marketing
Balmain's new management team is taking shape. Following the arrival in May of new CEO Matteo Sgarbossa, recruited from Givenchy to take over from Jean-Jacqu
Prada sales jump as Chinese shoppers splash out in Japan…
By Bloomberg Published Jul 30, 2024 Prada SpA sales jumped as the Italian fashion group continued to see strong growth amid a wider slowdown in th
Big luxury frets that China is turning Japanese
By Bloomberg Published Jul 29, 2024 Even LVMH Moet Hennessy Louis Vuitton SE, the world’s most resilient luxury conglomerate, is feeling the chi
Birkin handbag maker Hermes outshines rivals with big sales jump
By Reuters Published Jul 26, 2024 Birkin-bag maker Hermes reported a 13% rise in second-quarter sales on Thursday, demonstrating the continued app
Kering highlights Bottega Veneta’s stellar first half
Translated by Roberta HERRERA Published Jul 25, 2024 While Kering's overall results were shadowed by Gucci’s disappointing performance, Bottega
Milan Fashion Week unveils an expanded programme for September
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
Time is running out for Gucci’s makeover
By Bloomberg Published Jul 25, 2024 It’s even worse at Gucci than we thought.Sales excluding currency movements and mergers and acquisitions at
Bernard Arnault has lost more wealth than any billionaire in…
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
Kering warns of profit plunge as Gucci turnaround sputters
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
LVMH shows the luxury sector is in pain
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
Loewe is back as world’s hottest label, On grows fast…
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
LVMH sales miss estimates as Chinese market slows
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
