Luxury’s rebound is proving elusive as China gloom adds to warnings

[ad_1] By Bloomberg Published Jan 17, 2024 Luxury stock investors are facing the risk of more bad news as the likes of Burberry Group Plc and Hugo Boss AG fell short of already reined-in expectations and economic data from China dents chances of a near-term rebound. Burberry – Spring-Summer2024 – Womenswear – Royaume-Uni – Londres […]

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Struggling fashion house Trussardi nears brand, assets sale

[ad_1] By Bloomberg Published Jan 16, 2024 Struggling Italian fashion house Trussardi SpA is nearing a deal that will see it transferred to a new owner and have assets sold off as part of a debt restructuring.  See catwalkTrussardi – Fall-Winter2023 – 2024 – Womenswear – Milan – © ImaxTree After an extended marketing process […]

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Men’s fashion returns to Paris with an intense line-up and Louis Vuitton once again in the spotlight

[ad_1] Translated by Cassidy STEPHENS Published Jan 15, 2024 After creating a worldwide buzz in June with his first Pharaonic show on the Pont-Neuf for Louis Vuitton, Pharrell Williams is well on the way to doing it again. On Tuesday, his show is sure to create a stir at the opening of Paris Fashion Week, […]

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Battered luxury stocks face fresh setback Ffom Burberry warning

[ad_1] By Bloomberg Published Jan 13, 2024 Luxury stocks are off to a rough start this year, adding to their 2023 drop, with Burberry Group Plc’s surprise profit warning crushing hopes for a near-term rebound. See catwalkBurberry – Spring-Summer2024 – Womenswear – Royaume-Uni – Londres – © Launchmetrics Burberry shares slumped as much as 15% […]

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Burberry update comes with profit warning as American woes continue

[ad_1] Burberry delivered a fairly short (well, short for Burberry) trading update on Friday with a few too many minus signs in it and not enough plus signs. Oh, and there was a profit warning too. See catwalkBurberry – Fall-Winter2023 – 2024 – Womenswear – Londres – © ImaxTree The company said the 13 weeks […]

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Jacquemus appoints Mélissa Ait-Ouakli as commercial director, bolsters PR and Influence team

[ad_1] Translated by Roberta HERRERA Published Jan 11, 2024 Jacquemus is fortifying its managerial structure. Following the departure of CEO Bastien Daguzan in December, the label under the Parisian designer Simon Porte Jacquemus has created the role of commercial director, entrusted to Mélissa Ait-Ouakli, who hails from LVMH. Toward the year’s end, the brand also […]

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