The step comes as luxury labels — from Burberry to Louis Vuitton — begin to levy greater control over their production or invest in speeding up internal processes to ride a rebound in luxury goods sales.
The step comes as luxury labels — from Burberry to Louis Vuitton — begin to levy greater control over their production or invest in speeding up internal processes to ride a rebound in luxury goods sales.
Patrizio Bertelli added his son Lorenzo may one day head the company.
Patrizio Bertelli added his son Lorenzo may one day head the company.
Chief executive Patrice Louvet unveiled a five-point strategic plan to significantly boost revenue, operating income and payouts to shareholders on Thursday. Here's how the company plans to reach those lofty goals.
Chief executive Patrice Louvet unveiled a five-point strategic plan to significantly boost revenue, operating income and payouts to shareholders on Thursday. Here's how the company plans to reach those lofty goals.
The designer is re-imagining the LVMH-owned brand’s business model as a part of his ambitious revamp.
The designer is re-imagining the LVMH-owned brand’s business model as a part of his ambitious revamp.
Luxury results were good, bad and ugly this month, causing a divergence in stock performances among our SLI constituents.
Luxury results were good, bad and ugly this month, causing a divergence in stock performances among our SLI constituents.
Gucci, the biggest earnings driver at French group Kering, said it expected sales to grow at twice the pace of the luxury market in the coming years.
Gucci, the biggest earnings driver at French group Kering, said it expected sales to grow at twice the pace of the luxury market in the coming years.
Lorenzo Bertelli, the son of Prada's co-chief executive officers, has joined the company in a key role.
Lorenzo Bertelli, the son of Prada's co-chief executive officers, has joined the company in a key role.
The move comes after IMG's interest in acquiring the super-agency fizzled out.
The move comes after IMG's interest in acquiring the super-agency fizzled out.
Tokyo-based designer Masayuki Ino of Doublet was crowned the winner of the French conglomerate’s fashion award, while Rok Hwang was awarded the special prize after three selection rounds over five months of competition.
Tokyo-based designer Masayuki Ino of Doublet was crowned the winner of the French conglomerate’s fashion award, while Rok Hwang was awarded the special prize after three selection rounds over five months of competition.
Titled ‘The Album,’ the inaugural issue stars Gia Coppola on the cover, and features interviews with Natacha Ramsay-Levi , Dries van Noten and Kym Ellery.
Titled ‘The Album,’ the inaugural issue stars Gia Coppola on the cover, and features interviews with Natacha Ramsay-Levi , Dries van Noten and Kym Ellery.
The American fashion industry’s annual awards ceremony aimed to strike a balance between honouring industry stalwarts and recognising the disruptors paving a new way forward in tough times.
The American fashion industry’s annual awards ceremony aimed to strike a balance between honouring industry stalwarts and recognising the disruptors paving a new way forward in tough times.
There was a lot riding on this collection — both critically and commercially — and the designer has his work cut out for him on both fronts.
There was a lot riding on this collection — both critically and commercially — and the designer has his work cut out for him on both fronts.
The brand plans to buy back more than €800 million ($932 million) of stock, seeking to bolster investor confidence after a slide in its shares and the exit of an heir of the eyewear maker’s founder from his management roles.
The beauty retailer’s fiscal second-quarter growth was driven by fragrance, K-beauty and store expansion, said CEO Kecia Steelman.
Jane Ewing, who was most recently interim chief executive officer for Sam’s Club in China, will join Nike on Sept. 7.
Former Target and Walmart veteran Michael Francis, known in the industry as a marketing guru, will succeed current Old Navy CEO Horacio Barbeito on Nov. 2.
The low-cost clothing brand opened its first UK store in Liverpool on Thursday, with shops in Newcastle and Essex due to follow later this year.
The UK fashion trade body has yet to name a successor.
The Swiss watchmaker initially sought about $170 million from the Korean technology giant for failing to prevent apps that mimicked its luxury brands on its smartwatch displays.
Kohl’s turnaround attempt showed some progress after the retailer raised its annual earnings outlook, but it still doesn’t see sales growth this year.