By Bloomberg Published May 8, 2025 Some luxury labels are pulling back from steep markdowns in China, seeking to rebuild an image of exclusivity to lure back wealthy shoppers whose spending remains less affected by economic slowdown. See catwalkGucci – Fall-Winter2025 – 2026 – Womenswear – Italie – Milan – ©Launchmetrics/spotlight None of the products…
Translated by Nicola Mira Published May 6, 2025 The 2025 edition of the Kantar BrandZ ranking of the 50 most valuable French brands has confirmed the luxury sector’s predominance, with Louis Vuitton, Hermès and Chanel leading the pack. The luxury trio once again monopolised the ranking’s podium. In two years, the aggregate brand value of France’s…
By ETX Daily Up Published April 26, 2025 TikTok abounds with viral videos accusing prestigious brands of secretly manufacturing luxury goods in China so they can be sold at cut prices. AFP But while these “revelations” are spurious, behind them lurks a well-oiled machine for selling counterfeit goods that is making the most of the…
It’s a trend that experts are calling “resortcore”: wearing a garment or accessory embroidered with the insignia of a luxury hotel. While this is not a new trend, in recent months it has become all the rage, radically transforming classic hotel merchandising. The Beverly Hills Hotel x The Sil Shop – The Beverly Hills Hotel…
Translated by Nazia BIBI KEENOO Published April 18, 2025 Italian luxury house Valentino faced a turbulent 2024, with financial results reflecting wider industry pressures. The company reported annual revenue of €1.31 billion, nearly flat compared to 2023, though down 2% at constant exchange rates and 3% at current rates. In 2023, the brand posted €1.35…
By Bloomberg Published April 15, 2025 The mini bling boom since the turn of the year is well and truly over. On Monday, LVMH reported first-quarter sales that missed expectations. No division generated growth. Each one underwhelmed. The crucial fashion and leather goods unit reported a 5% decline in sales, excluding currency movements, far below the 0.6% slide…
Translated by Nicola Mira Published April 2, 2025 Trussardi has unveiled its new face. The Italian label, acquired by Italian textile group Miroglio in March 2024, is turning over a new leaf with a first collection of evergreen clothes and accessories characterised by a sleek, elegant and functional style, inspired by the label’s archives and…
More than 230 passengers and crew members have been sickened in an outbreak of norovirus during a 29-day round-trip luxury cruise from England to the Eastern Caribbean, according to the Centers for Disease Control and Prevention. The Queen Mary 2, the flagship ocean liner of Cunard Lines, left from Southampton, England, on March 8, according…
Harvey Nichols has filed its accounts for the year to March 2024 and they show that it was a tough year for the business, underlining the reasons behind its CEO change mid-year. Photo: Sandra Halliday When we say Harvey Nichols, it’s actually a variety of UK-registered companies that make up the luxury retail business. They…
Translated by Nazia BIBI KEENOO Published March 27, 2025 For decades, globalization has been the driving force behind the luxury industry’s expansion. However, this long-standing framework is now under pressure as nationalist sentiment gains momentum across major markets, including the U.S. and China. According to analysts at Bernstein, this shift could slow the progress of…
