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Kering warns profit to tumble following Gucci woes in China
Kering SA warned that profit will plunge in the first half of the year after wealthy shoppers curbed spending on Gucci products.
Люкс
Vivienne Westwood's own clothing to be auctioned in June
Vivienne Westwood’s personal wardrobe is going up for auction in London, including ballgowns, tweed suits and more.
Мода
Tapestry and Capri Holdings defend merger plans after FTC bombshell
After news that the FTC in the US wants to block Tapestry’s takeover of Capri Holdings on competition grounds, both companies have issued statements defending their plans.
Люкс
US FTC sues to block $8.5 billion takeover of Capri by Tapestry
The U.S. Federal Trade Commission on Monday sued to block Tapestry's $8.5 billion deal to buy Capri saying it would eliminate "direct head-to-head competition" between the brands of the two luxury handbag makers.
Люкс
Central's search for new Selfridges partner goes on, reportedly in talks with possible buyers
Middle Eastern and Chinese investors are reportedly eyeing a Selfridges stake as Thailand-based Central Group continues to seek an owner-partner to replace failed co-owner Signa.
Мода
TikTok announces Preowned Luxury category, UK's 'big 5' resellers sign up
TikTok Shop has just launched a Preowned Luxury category in the UK and US, which it said will “enable the community to browse and purchase authentic luxury fashion without ever having to leave TikTok”.
Мода
Neiman Marcus launches Balmain Beach Club
Neiman Marcus has teamed up with fashion house Balmain to introduce an exclusive collection and immersive customer activation.
Люкс
Michael Kors Collection store opens on Rodeo Drive
Michael Kors opened on Thursday a Michael Kors Collection store in Beverly Hills, marking the North American debut of a new store concept for the designer’s Collection boutiques.
Люкс
LVMH highlights its socio-economic impact at its Annual General Meeting
For once, Bernard Arnault, CEO of the world's number one luxury goods group, and his teams emphasised the group's social approach at its Annual General Meeting in Paris on Thursday morning.
Люкс
Valentino is new International Booker Prize event sponsor
Valentino has formed a new cultural partnership and has been announced as the sponsor of the International Booker Prize 2024 ceremony.
Люкс
Boss Bali activation adds unique experience to SS24 launch
The Boss brand is opening the doors of Boss House Bali to a “select group” of Hugo Boss Experience members, as well as VIP customers, media, and “key tastemakers” from Asia-Pacific with an online global element too.
Люкс
Harvey Nichols names Alexander McQueen exec Goddard as its new CEO
Harvey Nichols has faced tough conditions in recent years but it’s now hoping for better times ahead with the announcement of a new CEO from one of luxury's major labels.
Мода
Major Chatsworth exhibition to mix Erdem SS24 with Duchess Deborah's life story
A new exhibition this summer at one of Britain’s best-known stately homes, Chatsworth, celebrates the image and legacy of the late dowager Duchess Deborah Devonshire through the lens of Erdem's latest collection.
Мода
Dior arrives in New York for a runway show and party at the Brooklyn Museum
Led by women's artistic director Maria Grazia Chiuri, the Fall 2024 collection pays homage to the synergy of New York and Christian Dior.
Люкс
Hermes can surpass Vuitton as luxury’s biggest brand, Citi says
Hermes has potential to surpass LVMH’s flagship Louis Vuitton in the coming years as the luxury industry’s biggest brand by turnover, according to Citigroup Inc. analysts.
Люкс
Tapestry merger with Versace owner Capri gets EU, Japan approval
Coach parent Tapestry's $8.5 billion deal to buy Michael Kors owner Capri Holdings has received regulatory clearance from the European Union and Japan, the companies said on Monday.
Люкс