Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
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Sales of gems, precious metals and artwork at Japan’s department stores climbed 19 percent in the first half of 2026 from a year earlier to $2 billion.

Sales of gems, precious metals and artwork at Japan’s department stores climbed 19 percent in the first half of 2026 from a year earlier to $2 billion.

The renaissance of the Upper East Side shopping district reflects a broader shift in how brands are rethinking their retail strategies, prioritising affluent neighbourhoods where loyal customers live and dine.

The renaissance of the Upper East Side shopping district reflects a broader shift in how brands are rethinking their retail strategies, prioritising affluent neighbourhoods where loyal customers live and dine.

Sales also accelerated at the Italian group’s Thom Browne and Tom Ford labels.

Sales also accelerated at the Italian group’s Thom Browne and Tom Ford labels.

The former Pernod Ricard finance executive will start at Chanel in October and officially take up the role of chief financial officer in January, replacing Philippe Blondiaux.

The former Pernod Ricard finance executive will start at Chanel in October and officially take up the role of chief financial officer in January, replacing Philippe Blondiaux.
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After years without a single creative leader, the Tapestry-owned brand is betting the Alexander McQueen and Calvin Klein alum can help reignite growth and sharpen its identity.

After years without a single creative leader, the Tapestry-owned brand is betting the Alexander McQueen and Calvin Klein alum can help reignite growth and sharpen its identity.

Moncler’s most muted quarter and Zegna’s US expansion will provide clues to whether the two Italian luxury groups can sustain their transformations.

Moncler’s most muted quarter and Zegna’s US expansion will provide clues to whether the two Italian luxury groups can sustain their transformations.

Luxury companies need to adjust their strategies to tempt more men to buy handbags, Bloomberg’s Andrea Felsted writes.

Luxury companies need to adjust their strategies to tempt more men to buy handbags, Bloomberg’s Andrea Felsted writes.

Switzerland’s support for watchmaker jobs has been extended another year, but a wider structural problem looms.

Switzerland’s support for watchmaker jobs has been extended another year, but a wider structural problem looms.
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The departure of Chanel’s finance chief after 15 years in the role comes amid generational change at the French couture and beauty giant and the wider luxury industry.

The departure of Chanel’s finance chief after 15 years in the role comes amid generational change at the French couture and beauty giant and the wider luxury industry.

Spitzer, a 20-year veteran of LVMH’s fragrance division, is joining the Kering-owned leather goods house after a lengthy CEO search.

Spitzer, a 20-year veteran of LVMH’s fragrance division, is joining the Kering-owned leather goods house after a lengthy CEO search.

Executives from LVMH, Puig, Cartier, Balmain, Kering, Alaïa and more attended an intimate breakfast at the Hôtel de Crillon in Paris to unpack luxury’s new growth strategies in a post-slowdown era.

Executives from LVMH, Puig, Cartier, Balmain, Kering, Alaïa and more attended an intimate breakfast at the Hôtel de Crillon in Paris to unpack luxury’s new growth strategies in a post-slowdown era.

The Cartier and Van Cleef & Arpels owner smashed expectations on booming US demand ahead of earnings reports at LVMH, Kering, Hermès and Prada later this month.

The Cartier and Van Cleef & Arpels owner smashed expectations on booming US demand ahead of earnings reports at LVMH, Kering, Hermès and Prada later this month.
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.
Net sales rose 8.5 percent year on year at constant exchange rates, but the Swiss group’s profit was hit by negative currency effects.
The French fashion house said cut ties weeks ago with the subcontractor concerned, instructing its packaging supplier to end the relationship two days after receiving an alert on May 18.
Police visited nine high-end fashion firms as part of an investigation into alleged exploitation of workers at subcontractors.
The British brand’s sales grew across all product ranges for the first time in three years, though shares fell as investors shift focus to its efforts to drive further profitability.
The appointment is part of the Italian lingerie brand’s turnaround strategy following last year’s acquisition out of bankruptcy by Peter Kern.