Turnaround efforts at Italian luxury group Tod’s are starting to bear fruit with e-commerce sales growing at a “high-double digit” pace, owner and Chief Executive Diego Della Valle told shareholders on Thursday.
Ralph Lauren is launching its own green initiative, debuting a new polo shirt made from recycled bottles and announcing its commit to removing 170 million plastic bottles from landfills and oceans by 2025.
LVMH is one of France’s most valuable groups, and chairman Bernard Arnault is Europe’s richest man, yet the luxury baron insisted on Thursday at the annual shareholders meeting that it's really just a family affair.
Kering's shares fell by nearly 6 percent on Thursday after signs of a slowdown at the French fashion company's Gucci brand, particularly in the United States, took the shine off a broader rise in sales.
Time Magazine has named Clare Waight Keller, the artistic director of the house of Givenchy, and Valentino's Pierpaolo Piccioli to its '2019 Time 100' list of the 100 most influential people in the world.
Gucci growth is slowing but Kering is OK with that as it's still surging. Meanwhile Saint Laurent and Balenciaga are powering ahead and Bottega Veneta sales may be down, but the omens are good for Daniel Lee's designs.
Neiman Marcus has announced its acquisition of a minority stake in Fashionphile, making it the first major luxury retailer to directly invest in resale, a market segment projected to grow to $51 billion by 2023.
After doubling the size of the Turin branch, the department store chain is making over the interiors of the Florence one, and renovating its second branch in Rome, as the group posted a 21% sales rise in 2018.
Coal Drops Yard, the major retail development that opened next to London’s King’s Cross Station last autumn, has announced a mix of globally known and local labels that will open there by this summer.
A worldwide influencer marketing survey confirmed the rising importance for marketers of results-based remuneration and appropriate returns on investment, with campaign budgets in France higher than elsewhere.
The late German designer's namesake brand has announced the appointment of Nicolette Veendorp as its new sales director, a role to which she brings years of experience gained at luxury group Richemont.
UK luxury brand Mulberry has just announced a new global partnership with Farfetch to support its international omnichannel strategy with the new Mulberry 'concession' to offer the full product line-up.