Jeweller Pandora sees ‘healthy’ sales so far this year

By 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 […]

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New Hermes bull Morgan Stanley sees more gains for record rally

By Bloomberg Published Feb 8, 2024 After years on the sidelines, Morgan Stanley is finally joining the bulls pushing Hermes International shares to record highs. See catwalkHermes – Fall-Winter2024 – 2025 – Menswear – France – Paris – ©Launchmetrics/spotlight The broker upgraded the maker of Birkin and Kelly handbags to overweight on Wednesday, its first […]

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Coty’s premium fragrances, cosmetics launches drive quarterly revenue beat

By 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 […]

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Malabar Gold and Diamonds opens first Australia store in Sydney

Malabar Gold and Diamonds has made its brick-and-mortar debut in Australia and opened a boutique in Sydney. Located in the Little India Precinct area of Harris Park, the store marks Malabar Gold and Diamonds’ entry into its 13thcountry.  Malabar Gold and Diamonds’ first Australia store in Harris Park – Anthony Khoury- Facebook The store opened […]

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Gucci’s new designer in focus as Kering plots future growth

By 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 […]

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Chanel wins case against luxury vintage reseller What Goes Around Comes Around

Chanel has flexed its brand-protective muscle and came out on top. In a landmark trial that lasted nearly a month, a jury has ruled in favor of the French luxury behemoth for its claim that New York-based indie vintage reseller What Goes Around Comes Around far exceeded first sale doctrine practices and sold fake Chanel […]

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Devoid of many global brands but boasting a new generation of black talent

New York Fashion Week opens this Thursday denuded of many powerhouse and influential designers, though with a new generation of talent, many of them people of color, poised to take up the baton of style in America’s fashion capital. See catwalkSergio Hudson – Spring-Summer2024 – Womenswear – New York – © Launchmetrics The season will […]

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Kate and Oscar opens children’s wear store in Gurugram’s Ambience Mall

Children’s wear brand Kate and Oscar opened a brick-and-mortar store in Gurugram on February 7. The store is located in DLF Phase 3’s Ambience Mall and retail the brand’s selection of everyday and occasion wear for girls and boys.  Winter wear for children by Kate and Oscar – Kate and Oscar- Facebook “From playful prints […]

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