Translated by Nicola Mira Published June 17, 2025 Luisaviaroma, THEBS.com and Camera Buyer Italia (CBI) have set up a strategic partnership to create the first genuine Italian luxury e-marketplace. The goal of this new digital platform is to transform Italy’s fragmented high-end distribution landscape into a unified and globally competitive ecosystem. For decades, the creative,…
Optimism for the future is declining in China, Southeast Asia, and Japan, according to a new report by Bluebell Group, Asia’s premier brand distributor and operator. Asia’s luxury consumers shift shopping priorities: Bluebell Group. – Gentle Monster The fifth annual edition of its “Asia Lifestyle Consumer Profile” offers a detailed look at how luxury consumers across…
By Reuters Published June 10, 2025 Chinese energy sector worker Mandy Li enjoys treating herself to a luxury brand handbag from time to time. However, since her state-owned employer cut her wages by 10% and her family’s property values dropped by half, she now buys only second-hand items. Reuters “I’m cutting down on large expenditures,”…
We’re finally seeing a major shift in materials, design, and digital engagement in the luxury packaging sector as “sustainability is no longer an option — it’s an expectation for customers”. That’s according to a new study from Bain & Company and Fedrigoni, the global manufacturer of speciality papers, self-adhesive materials, and RFID. Photo: Bain They…
By Bloomberg Published June 1, 2025 Ultra-luxury is losing its luster — and mid-tier competitors are capitalizing. Tabby Bag – Coach Industry bellwether LVMH Moët Hennessy Louis Vuitton SE, which reported weaker-than-expected sales in the latest quarter, was accused of selling a Dior bag that costs about $60 to make for $2,800. Meanwhile, Tapestry Inc.’s…
The Camera Nazionale della Moda Italiana (CNMI) and Zalando hosted a special Changemakers event in Milan late last week. Part awards ceremony, part seminar, it highlighted the importance of brands evolving to make the most of the opportunities in the luxury sector. It was the third edition of their ongoing Changemakers in Luxury Fashion series…
By Reuters Published May 23, 2025 European luxury stocks declined sharply on Friday following U.S. President Donald Trump’s announcement recommending a 50% tariff on European Union goods, set to take effect on June 1. Trump’s tariffs hit European luxury industry, shares tank – Reuters The luxury sector—which includes handbags, shoes, fashion goods, and champagne—relies heavily…
By Bloomberg Published May 22, 2025 The billionaire Wertheimer family behind Chanel may forgo a payout from the luxury brand’s most recent earnings cycle in a sign the industry downturn is hitting another of the world’s wealthiest dynasties. See catwalkChanel – Cruise Collection2026 – Womenswear – Milan – ©Launchmetrics/spotlight London-based Chanel didn’t pay an interim…
The Saks Global and Authentic Brands Group partnership has been a big talking point of late so it was good timing that Authentic’s CEO Jamie salter and Saks’ executive chairman Richard Baker were on stage together on day two of the World Retail Congress in London this week. Jamies Salter of Authentic and Richard Baker…
LVMH has allied with SKEMA to create a new luxury education track in the Dubai wing of the international business school, designed to prepare future industry leaders. SKEMA students on the Dubai business school campus. – SKEMA The two groups have signed an agreement to develop a Retail Excellence & Client Relationship Management qualification in…