Tapestry Forecasts Strong Annual Profit as Coach Remains Hot
Resilient demand for Coach bags among young and affluent shoppers helped buoy the group, but weakness at Kate Spade led the company to forecast muted annual revenue.

This week, Dior tapped Jonathan Anderson to lead men’s fashion, Hermès briefly topped LVMH in terms of market share, and the ultra-wealthy solidified their status as the industry’s most effective driving force.

This week, Dior tapped Jonathan Anderson to lead men’s fashion, Hermès briefly topped LVMH in terms of market share, and the ultra-wealthy solidified their status as the industry’s most effective driving force.

Operating profit fell 22 percent as the group invested in overhauling its collections and image under new creative director Alessandro Michele.

Operating profit fell 22 percent as the group invested in overhauling its collections and image under new creative director Alessandro Michele.

The brand’s autumn 2025 show harkened back to an earlier time when economic uncertainty and geopolitical tension were on Americans’ minds.

The brand’s autumn 2025 show harkened back to an earlier time when economic uncertainty and geopolitical tension were on Americans’ minds.

The former Loewe designer was confirmed as artistic director for men’s collections in a brief statement by LVMH chairman Bernard Arnault that left plenty of questions unanswered.

The former Loewe designer was confirmed as artistic director for men’s collections in a brief statement by LVMH chairman Bernard Arnault that left plenty of questions unanswered.

The star designer will show a June collection for the French mega-label’s men’s line, LVMH CEO Bernard Arnault said at the group's annual shareholders meeting Thursday.

The star designer will show a June collection for the French mega-label’s men’s line, LVMH CEO Bernard Arnault said at the group's annual shareholders meeting Thursday.

Sales growth slowed in the first quarter, missing analyst expectations, but continued to outpace the broader luxury sector.

Sales growth slowed in the first quarter, missing analyst expectations, but continued to outpace the broader luxury sector.

E-tailers remain committed to homeware and design objects, despite the luxury sector’s post-pandemic cooldown. Here’s how fashion and design e-tailers stay ahead of the curve.

E-tailers remain committed to homeware and design objects, despite the luxury sector’s post-pandemic cooldown. Here’s how fashion and design e-tailers stay ahead of the curve.

The fine art sector is facing existential challenges that go far beyond the current market turbulence, argues Marc Spiegler.

The fine art sector is facing existential challenges that go far beyond the current market turbulence, argues Marc Spiegler.

Moncler Group’s first quarter sales rose 1 percent to €829 million ($943 million) up 1 percent year-on-year and just above analyst expectations.

Moncler Group’s first quarter sales rose 1 percent to €829 million ($943 million) up 1 percent year-on-year and just above analyst expectations.

Hermès’ market capitalisation reached €243.65 billion on Tuesday, briefly surpassing that of LVMH and making it the most valuable company on France’s benchmark CAC40 index.

Hermès’ market capitalisation reached €243.65 billion on Tuesday, briefly surpassing that of LVMH and making it the most valuable company on France’s benchmark CAC40 index.

The Puig-owned label is returning to the Paris ready-to-wear calendar after a decade of showing only couture, and tapping Dutch creator Lantink to design both lines.

The Puig-owned label is returning to the Paris ready-to-wear calendar after a decade of showing only couture, and tapping Dutch creator Lantink to design both lines.

First-quarter fashion and leather goods sales fell 5 percent for the luxury giant, whose brands include Louis Vuitton and Dior.

First-quarter fashion and leather goods sales fell 5 percent for the luxury giant, whose brands include Louis Vuitton and Dior.
Resilient demand for Coach bags among young and affluent shoppers helped buoy the group, but weakness at Kate Spade led the company to forecast muted annual revenue.
As the secondary market for timepieces rebounds, Cartier is grabbing buyer attention and there’s renewed enthusiasm around Vacheron Constantin, throwing the lack of interest in Panerai into stark contrast.
Citing company sources, Italian newspaper Corriere della Sera said market conditions for the luxury industry were still challenging and negotiating a deal could require time.
Congestion at ports in Asia combined with weaker demand across Europe and emerging markets from the war hurt sales, the company said.
Strong sales among young and affluent shoppers helped drive quarterly revenue above analysts' expectations.
The Italian luxury brand swung to a net profit for the first half after growing sales in the second quarter, with turnaround efforts particularly evident in its directly owned shops.
The fashion icon, as famous for his singular talent as a scandal that cost him one of the industry’s top jobs, will become one of only three living designers to get a major solo exhibition at the museum.
When it comes to gauging the possibility of a sales rebound for his luxury group in China, Hermès executive chairman Axel Dumas turns to an unusual metric.