Moncler Reports Flat Q3 Revenue on Weak Tourist Spending in Europe
Performance was weighed down by the core Moncler brand, known for its puffer jackets, which posted a 1 percent decline in revenue during the quarter.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
MatchesFashion Names New CEO
Ajay Kavan joins the luxury e-tailer from Amazon, replacing Ulric Jerome, who left the company in late 2019.
Why Khaite Is Killing It
While others are abandoning New York Fashion Week, designer Catherine Holstein is using the platform to her advantage, one of the many ways she stands out in a competitive luxury market.
Italy's Moncler Warns of Plunge in Chinese Shopping Due to Virus
Asia is the brand's top market and accounts for over 40 percent of total revenues. The company described the business impact as 'critical.'
Did Tom Ford Betray New York Fashion Week? Not So Fast.
The CFDA chairman’s decision to do what’s best for his label and show in Los Angeles may spark the ‘creative destruction’ that American fashion needs in order to progress.
Valentino CEO Says Mayhoola Is Long Term Shareholder
Stefano Sassi does not rule out further expansion of the group.
From Tiffany Blue to Louboutin Red: The Power of Owning a Colour
Just a handful of luxury stalwarts are so synonymous with a colour that consumers can instantly equate the shade with the name. So, how does a brand own a tone, and should smaller labels try?
Michael Kors Owner Sees $100 Million Revenue Hit From Coronavirus
Capri Holdings, which also owns Versace and Jimmy Choo, said most of its operating China stores are experiencing significant declines in customer traffic.
Ralph Lauren Beats Quarterly Revenue Estimates
The American fashion brand said it was able to sell products at higher prices — and increase margins — thanks to a ramp up in social media marketing, which has helped lift its brand image.
Sportswear Retailer Frasers Invests in Mulberry Group
The British sportswear retailer bought a 12.5 percent stake in the luxury leather goods company.
JW Anderson and Rimowa Join Moncler Genius Lineup
Following rumours of a possible Kering takeover, Moncler has turned to LVMH to find the next guest talent for its collaborations model.
Does a Prada Sale Make Sense?
The Italian brand may no longer be a luxury leader, but it is still an attractive asset for prospective buyers.
Tod’s Fourth-Quarter Results Show Promise Despite Continued Decline in Sales
The luxury shoes and leather goods company announced sales fell by 2.6 percent in 2019 but beat analyst expectations.
THE NEWS IN BRIEF
Kartik Research Named Guest Designer for Pitti Uomo in January
The Indian brand will hold a special event at the Florence show.
Zane Li Wins 2026 CFDA/Vogue Fashion Fund
The Lii designer took home the top award after winning the Karl Lagerfeld prize at the LVMH Prize earlier this year.
Swiss Watch Exports Rise for Fifth Month on US, Europe Demand
Total shipments rose 2.7 percent to $23.6 billion in the first nine months of the year, the Federation of the Swiss Watch Industry said Tuesday.
EssilorLuxottica Sales Lifted by Traditional Frames, Lenses
Revenue rose 7.2 percent, beating analysts' estimates.
Milan Luxury Shops Close for Fear of New Unrest as Government Prepares to Deploy Troops
Most stores in the Via Montenapoleone luxury shopping district, home to brands including Chanel, Tiffany and Dior, removed merchandise from their windows as a precaution.
Mulberry Posts 18% Rise in First-Half Sales, Sending Shares Up
Resilient demand for heritage bags and a higher share of full-price sales boosted the British luxury handbag maker, sending shares nearly 4 percent higher in early trading.
Yui Chen Wins Hyerès Festival’s Top Fashion Prize
The Chinese designer won the grand prize for her airy, sculptural pieces at the 41st edition of the festival, which is undergoing a revamp under new leadership.