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Best USA Business Magazine 2024
By Bloomberg Published April 15, 2025 The mini bling boom since the turn of the year is well and truly over. On Monday, LVMH reported first-quarter sales that missed expectations. No division generated growth. Each one underwhelmed. The crucial fashion and leather goods unit reported a 5% decline in sales, excluding currency movements, far below the 0.6% slide […]
Read MoreIn the past, investment dressing broadly referred to pieces that would live in one’s wardrobe for years, even decades, due to their classic and versatile nature. Today, investment dressing refers to how well your purchase will retain and regain its initial cost when resold. Popular vintage bag models, according to Vestiaire Collective – Courtesy Vestiaire […]
Read MoreFrench fashion giant SMCP announced on Friday the appointment of Kleine Tan as CEO of the firm’s Asia region, effective April 1. Kleine Tan – SMCP Tan succeeds Jimmy Lam, who has decided to pursue new opportunities outside the group, which owns the Sandro, Maje, Claudie Pierlot, and Fursac brands. “I am delighted to join SMCP. […]
Read MoreBy Bloomberg Published Feb 12, 2024 Driving-shoe maker Tod’s SpA always looked like a private company, what with the Italian Della Valle family having a majority. Now it soon might be. The founding family is teaming up with L Catterton, the private equity firm backed by LVMH, to buy out the remaining shares, valuing the company at €1.42 […]
Read MoreBy Bloomberg Published Feb 9, 2024 Investors are looking for the next turnaround story in luxury. Gucci-owner Kering SA seems like a good fit. See catwalkGucci – Fall-Winter2024 – 2025 – Menswear – Italie – Milan – ©Launchmetrics/spotlight But with the company warning on Thursday that investing in its brands will mean a decline in operating […]
Read MoreBy Reuters Published Feb 8, 2024 Pandora, the world’s biggest jewellery maker, said on Wednesday its performance since the start of the year has been “healthy” with high single-digit sales growth, as it announced a share buyback programme after a strong run. Pandora Pandora, which sells charm bracelets with prices ranging from $60 to more […]
Read MoreBy Reuters API Published Feb 8, 2024 Coty beat Wall Street estimates for second-quarter revenue on Wednesday, powered by higher pricing and strong demand for its high-end Burberry and Gucci fragrances and fresh launches of cosmetics in the U.S. during the holiday season. DR The company’s newer products such as Burberry Goddess and CoverGirl Clean […]
Read MoreBy Reuters API Published Feb 7, 2024 Investors will be looking to see if Gucci‘s new creative director Sabato de Sarno can move the needle on the company’s financial performance when its owner Kering reports full-year earnings on Thursday. Gucci’s sales have lagged rivals such as LVMH-owned Louis Vuitton and Dior in recent years, prompting […]
Read MoreTranslated by Cassidy STEPHENS Published Jan 30, 2024 The Chambre Syndicale de la Mode Féminine is unveiling the line-up of its next Fashion Week. The Fashion Week, dedicated to women’s ready-to-wear collections for autumn/winter 2024/25, will be held from February 26 to March 5, with 71 shows and 38 presentations and a total of 109 […]
Read MoreAlexander McQueen revealed on Monday that its Autumn/Winter 2024 showcase will hit the runway in Paris on Saturday, March 2nd, at 8 p.m. CET. Alexander McQueen’s Seán McGirr to debut collection in Paris in March. – Alexander McQueen The event will mark the debut collection of Seán McGirr as the creative director of the fashion […]
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