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Worldview | Panic Grips Asia’s Factories Despite US Tariff Pause
This week’s round-up of global markets fashion business news also features the impact of Trump’s tariffs on Middle East manufacturers, Chinese duty-free stocks and Sao Paulo Fashion Week.
Hermès Market Value Surpasses LVMH, Which Once Tried to Buy It
Hermès’ market capitalisation reached €243.65 billion on Tuesday, briefly surpassing that of LVMH and making it the most valuable company on France’s benchmark CAC40 index.
Exclusive: Jean Paul Gaultier Names Duran Lantink Creative Director
The Puig-owned label is returning to the Paris ready-to-wear calendar after a decade of showing only couture, and tapping Dutch creator Lantink to design both lines.
LVMH Sales Miss Expectations
First-quarter fashion and leather goods sales fell 5 percent for the luxury giant, whose brands include Louis Vuitton and Dior.
Report: Fighting Perfume Dupes Is a ‘Lost Cause’
A survey of UK fragrance consumers found that half had purchased copycats of more expensive fragrances, which are increasingly hard to legally protect, lawyers and analysts told The Guardian.
Coach Is the WNBA’s First Official Handbag Partner
The multi-year partnership is the latest collaboration in the growing intersection of fashion and sports.
How Trendmood Gets the Scoop
The 13-year-old Instagram account — run by makeup artist Sophie Shab — is known for breaking beauty launches before anyone else. Shab is expanding her empire, inking brand partnerships and planning to open her first pop-up this summer.
LVMH Sales to Test Luxury Investors’ Nerves After Tariff Pain
A luxury stocks index compiled by Goldman Sachs Group Inc. has shed more than $200 billion from its February peak. LVMH reports 1Q sales Tuesday as hopes are evaporating that US resilience or Chinese stimulus can spark a lasting rebound.
Opinion: What Luxury Can Learn From the Art World’s Miserable Year
While sales of top-priced artworks slowed, demand for more accessible works boomed in 2024, writes Bloomberg’s Andrea Felsted.
How Made-in-America Brands Turn Tariff Turmoil Into Opportunity
While tariff uncertainty threatens to roil the global fashion industry, brands that already produce their goods in the US have an opportunity to shine if they’re able to communicate the value of American manufacturing to cautious consumers.
What Happened to the High Heel?
Once synonymous with power and elegance, high heels are adapting to new consumer values. As ballet flats, Mary Janes and kitten heels continue to rise in popularity, brands are shifting their focus to comfort and inclusivity, crafting narratives that speak to evolving ideas of femininity.
Price Hike on Shein? How Trump Tariffs Could Shift the US’s Love of Fast Fashion
The ending of the de minimis loophole on cheap goods from China may push consumers to seek other alternatives like secondhand shopping.