Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
global-currents
News & Analysis
Mark Cross: The American Luxury Brand Revival That Almost Wasn’t
How chief executive Neal J. Fox took a 165-year-old leather goods brand and turned it into a 21st century street style favourite by not being afraid to pivot — or take a gamble.
Mark Cross: The American Luxury Brand Revival That Almost Wasn’t
How chief executive Neal J. Fox took a 165-year-old leather goods brand and turned it into a 21st century street style favourite by not being afraid to pivot — or take a gamble.
News & Analysis
What Qatar's Diplomatic Rift Means for Fashion
As Qatar's stock plummets and travel is suspended, what does the future hold for its $1.3 billion fashion market — and the European luxury houses backed by Qatari funds.
What Qatar's Diplomatic Rift Means for Fashion
As Qatar's stock plummets and travel is suspended, what does the future hold for its $1.3 billion fashion market — and the European luxury houses backed by Qatari funds.
China
WeChat Stores Are China’s Latest Luxury Craze
Brands like Burberry and Tommy Hilfiger are now selling directly to Chinese consumers via WeChat.
WeChat Stores Are China’s Latest Luxury Craze
Brands like Burberry and Tommy Hilfiger are now selling directly to Chinese consumers via WeChat.
China
A Word of Caution: Choose Your China Ambassadors Wisely
In this month’s China Edit, how an unsuitable brand ambassador can have serious repercussions, and why China’s mobile payments can no longer be ignored.
A Word of Caution: Choose Your China Ambassadors Wisely
In this month’s China Edit, how an unsuitable brand ambassador can have serious repercussions, and why China’s mobile payments can no longer be ignored.
News & Analysis
Is ‘Nearshoring’ the New Offshoring?
Fashion brands are turning to manufacturers in Eastern Europe and Central America for greater agility and speed to market.
Is ‘Nearshoring’ the New Offshoring?
Fashion brands are turning to manufacturers in Eastern Europe and Central America for greater agility and speed to market.
Luxury
‘Ramadan Rush’ Brings Gulf Retailers to Europe
On the eve of Ramadan, London outposts of Middle Eastern boutiques are preparing for an influx of shoppers from the region during next month's Eid holiday.
‘Ramadan Rush’ Brings Gulf Retailers to Europe
On the eve of Ramadan, London outposts of Middle Eastern boutiques are preparing for an influx of shoppers from the region during next month's Eid holiday.
Global Markets
Latin America's $160 Billion Fashion Opportunity
The fashion market in Latin America is bigger than the Middle East and growing as fast as Asia. But will industry leaders continue to invest as much as the region needs to realise its full potential?
Latin America's $160 Billion Fashion Opportunity
The fashion market in Latin America is bigger than the Middle East and growing as fast as Asia. But will industry leaders continue to invest as much as the region needs to realise its full potential?
Retail
China’s Fashion Giants Get Sophisticated
Global fashion brands are facing increased competition as China’s large domestic players invest heavily in branding and retail experience in a bid to become more sleek, sophisticated and cosmopolitan.
China’s Fashion Giants Get Sophisticated
Global fashion brands are facing increased competition as China’s large domestic players invest heavily in branding and retail experience in a bid to become more sleek, sophisticated and cosmopolitan.
China
When the Name Game Gets Serious in China
In this month’s China Edit, the backlash surrounding Airbnb's new Chinese name highlights the importance of brand naming, while China’s biggest women’s footwear retailer is up for sale.
When the Name Game Gets Serious in China
In this month’s China Edit, the backlash surrounding Airbnb's new Chinese name highlights the importance of brand naming, while China’s biggest women’s footwear retailer is up for sale.
Workplace & Talent
Japan Wants More Fashion Designers from Abroad
As Japan’s population ages and shrinks, the government hopes to alleviate the labour shortage by recruiting more foreign specialists. But are there more obstacles than opportunities?
Japan Wants More Fashion Designers from Abroad
As Japan’s population ages and shrinks, the government hopes to alleviate the labour shortage by recruiting more foreign specialists. But are there more obstacles than opportunities?
Retail
Opening Russia’s Retail Frontiers
While Moscow and St Petersburg account for most of Russia’s fashion retail spend, its provincial cities are an increasingly interesting opportunity.
Opening Russia’s Retail Frontiers
While Moscow and St Petersburg account for most of Russia’s fashion retail spend, its provincial cities are an increasingly interesting opportunity.
Luxury
Mexico’s Luxury Market Might Actually Benefit From Trump
Wall or no wall, Mexico’s luxury market is thriving with a little unexpected help from the country’s arch nemesis: the President of the United States. But there's still cause for concern.
Mexico’s Luxury Market Might Actually Benefit From Trump
Wall or no wall, Mexico’s luxury market is thriving with a little unexpected help from the country’s arch nemesis: the President of the United States. But there's still cause for concern.
The News in Brief
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.
Kevin.Murphy Appoints New CEO
The Australian hair care brand has named Elisa Fischer its new global chief executive as it looks to push deeper into international markets.
Mco Parent VidaCorp Rebrands to Axia Beauty Group
The company, which also owns brands Nude by Nature and Poni, also announced its new global headquarters and chief marketing officer.
Fayed Abuse Victims Seek Up to £150 Million From Harrods
The retailer currently has a £62 million provision set aside for redress payments, but victims’ lawyers say more is likely needed.
Puig Acquires Sun Care Brand Isdin
The conglomerate bought its former partner’s 50 percent share to take full ownership of the Spanish skincare label.