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Burberry’s 15-year stay in FTSE 100 nears end after share slump
Burberry Group Plc is on the verge of exiting the FTSE 100 Index, ending the luxury-goods maker’s 15-year stay in
Luxury
BFC reveals Fashion Award nominees for 2024, Jonathan Anderson up for multiple awards
The British Fashion Council announced on Tuesday the nominees for the 2024 Fashion Awards, celebrating the very best in British and international design talent, with Jonathan Anderson nominated for three awards.
Luxury
Louis Vuitton names Jude Bellingham new ambassador
Louis Vuitton has announced the appointment of football star Jude Bellingham as the latest ambassador of the French luxury maison.
Luxury
Paul Smith links with Centra for e-commerce and digital wholesale boost
Paul Smith is ramping up its focus on its digital ops — from DTC e-commerce to digital wholesale — and allying it closely to its physical retail business as it aims to “create a seamless, global brand presence”.
Fashion
Paris sets new trend as the product placement Olympics
Winning athletes in Paris have received their medals on Louis Vuitton trays before being handed a Samsung flip phone for a selfie, heralding a new era of product placement at the Olympics that LA will build on.
Fashion
Capri Holdings "disappointed" as Versace, Kors see double-digit Q1 declines
Capri Holdings is the latest luxury giant to prove that times are tough out there. The company’s Q1 results for fiscal 2025 saw revenue falling 13.2% on a reported basis and 12.1% in constant currency.
Fashion
Manolo Blahnik has second-best year to date, despite impact of luxury slowdown
It may still be a fairly small indie in a sector led by deep-pocketed giants, but Manolo Blahnik is upbeat, despite revenue and profits falling in 2023. And it's planning for a 2025 rebound, driven by global expansion.
Fashion
Olympics: Next Games will have more product placement, commercial opportunities -- IOC
From Samsung phone selfies on the podium to Louis Vuitton cases at the opening ceremony, the Paris Olympics have widened the scope for sponsors' product placement like never before, and this will continue in future.
Fashion
Ralph Lauren revenue rises 1% on stable demand in Europe, China
Ralph Lauren Corp posted a rise in quarterly revenue on Wednesday, benefiting from steady demand for its pricey denims and polo shirts in Europe and Asia.
Luxury
Coupang posts first loss since 2022 as Farfetch saps profit
Coupang Inc posted its first loss in two years, after the acquisition of unprofitable Farfetch Holdings Plc and a government regulatory fine offset strong growth in its core e-commerce business.
Fashion
LVMH's Dior lagged on supply chain disclosure, made outdated ESG claim
LVMH's second-largest fashion brand Dior was until last month behind on disclosures required by UK law about working conditions in its supply chain, and made outdated statements online of a third-party certification.
Fashion
Zalando's profit boosted by sports offering, improved inventory
Online fashion marketplace Zalando reported an 18.5% increase in its operating profit for the second quarter on Tuesday, helped by inventory management and lower order fulfilment costs.
Fashion
Hugo Boss sells Russian business to wholesale partner Stockmann
Hugo Boss has sold its Russian business to wholesale partner Stockmann for an undisclosed fee, the German fashion house said, joining the ranks of Western brands to exit the Russian market over the war in Ukraine.
Fashion
John Lewis links with Sign of the Times on pre-owned designer handbags
John Lewis has entered the pre-owned designer handbag market with its webstore featuring products from ultra-luxe labels for the first time.
Fashion
Tapestry: Eva Erdmann to manage Kate Spade
American group Tapestry owner of Coach and more has announced the appointment of Eva Erdmann as CEO of its lifestyle brand Kate Spade. The French manager, who has been with L'Oréal for a decade, succeeds Liz Fraser.
Luxury
Hugo Boss profit undershoots in Q2 as China and UK both disappoint
Hugo Boss disappointed Thursday with the fashion giant reporting Q2 operating profit below market expectations. That followed it cutting its full-year forecasts last month due to consumer demand remaining sluggish.
Fashion