Luxury
The latest news
Products launches: Boots, Monica Vinader, Dolce & Gabbana, Golden Goose
Product launches are continuing at pace with major developments in multiple categories ranging from the very practical to the totally quirky.
Fashion
ASOS, WGSN embrace AI to drive creativity
Technical innovation is becoming key to the creation process for fashion and we’ve recently heard about two major developments.
Fashion
Pandora raises full-year growth outlook as broader product range pays off
Pandora, the world's biggest jewellery maker, raised its full-year growth outlook, presenting a more upbeat outlook than some other consumer goods companies as it continues to expand its product range.
Fashion
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
China’s consumer prices rise faster than expected in July
China’s consumer prices rose more than expected, offering hope of a recovery in domestic demand that has weighed on growth this year.
Fashion
Shopify beats estimates for quarterly results on AI boost, shares soar
Shopify beat analysts' estimates for Q2 results and forecast upbeat sales growth as its AI-enabled tools attracted more merchants to its e-commerce services, sending its US shares up 17% before the bell on Wednesday.
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
Global apparel companies with exposure to key supplier Bangladesh
The current political unrest in Bangladesh is expected to disrupt the country's clothing industry, potentially affecting global apparel retailers from H&M to Zara as they head into the key holiday season.
Fashion
UK weather rains on consumer spending in July
British shoppers kept a tight grip on their purse strings last month as rainy weather again dampened their appetite for spending, according to two surveys published on Tuesday.
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