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Latest News & Analysis
Global Markets

How Fashion Is Doing Business in the Middle East’s ‘New Reality’

The Gulf region is no longer the luxury bright spot it was at the start of the year. But brands and retailers are finding ways to navigate the complex and volatile terrain.


Luxury

Opinion: LVMH’s Struggles Are a Bad Look for Luxury

For LVMH and big bling to return to a more encouraging trajectory, China needs to show signs of improvement, writes Bloomberg’s Andrea Felsted.


Luxury

LVMH Fashion Sales Slip on China Weakness, Dimming Recovery Hopes

A decline in fashion and leather goods sales underscores the industry’s struggle to reignite shopper enthusiasm.


Luxury

Givenchy Names Alistair McCallum Chief Marketing Officer

The former Burberry and McQueen executive is reuniting with Givenchy creative director Sarah Burton. The LVMH-owned brand is also bringing in a new HR director from the group’s Americas unit.


Global Markets

Opinion: China’s Luxury Setback Leaves Brands Reliant on the US

A renewed slowdown in Chinese luxury spending is raising fears of another false dawn for the sector, increasing brands’ reliance on American consumers and their exposure to a US stock market correction.


Luxury

WHP and G-III Finalise $925 Million Marc Jacobs Deal

‘The basic plan is to layer on growth,’ said WHP chairman Yehuda Shmidman.


Retail

Shein Comes to Market… Finally

The retailer begins trading in Hong Kong at a valuation of about $26 billion, a quarter of the nearly $100 billion it commanded at its 2022 peak. What happened to fast fashion’s former darling?


Luxury

Luxury Sales Plunge in China as Tax Measures Hit Wealthy Shoppers

Global luxury brands face a deepening sales slump in China, as the country’s campaign to tax offshore wealth dampens spending by the country’s richest consumers.


News & Analysis

Mathilde Favier, Dior PR Director, Dies in Accident

‘I have lost a loyal friend,’ said CEO Delphine Arnault, following the death of the high profile Dior executive in a car accident.


Sustainability

Why So Many Fashion Brands Are Upcycling

From Miu Miu to Coach, upcycling is moving beyond sustainability capsules into mainstream fashion as brands highlight the design and uniqueness of their products as much as — if not more than — their sustainability benefits.