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Best USA Business Magazine 2024
Translated by Nicola Mira Published April 28, 2025 Kering has unveiled its new Water-Positive Strategy, with a commitment to achieve a net water-positive impact by 2050, and to promote net water-positive impacts in its supply chain’s key regions by 2035. Kering The initiative, announced on Earth Day by the French luxury group, owner of Gucci […]
Read MoreBy AFP Published April 26, 2025 French companies exposed to the U.S. market are taking action to manage rising tariffs, using price hikes, production shifts, and cost-cutting measures to protect their margins. Bernard Arnault and Donald Trump in 2017. – Photo de Nicholas Kamm / AFP Price hikes to absorb new costs Hermès, the French […]
Read MoreBy AFP Published April 24, 2025 Kering held its annual general meeting (AGM) on Thursday, April 25, at the group’s Paris headquarters, one day after reporting a 14% decline in first-quarter revenue, largely driven by a 25% sales drop at Gucci. With its share price falling over 6% on Thursday morning to €163.80, the group […]
Read MoreErmenegildo Zegna Group announced on Thursday steady revenues for the first quarter, as solid direct-to-consumer sales couldn’t offset a slump in wholesale revenues. See catwalkZegna – Fall-Winter2025 – 2026 – Menswear – Italie – Milan – ©Launchmetrics/spotlight The Italian group saide total revenues fell 0.9% to €458.8 million for the first quarter ending March 31. […]
Read MoreBy Reuters Published April 23, 2025 The crisis at Kering‘s flagship Gucci label deepened in the first quarter, the company said on Wednesday as it reported sales below market expectations amid a worsening economic environment. See catwalkGucci – Fall-Winter2025 – 2026 – Womenswear – Italie – Milan – ©Launchmetrics/spotlight Kering’s results, marked by a 14% […]
Read MoreBy 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 MoreBy Bloomberg Published April 13, 2025 For decades, the fiercely independent Prada SpA Chairman Patrizio Bertelli talked about the need for Italian fashion houses to acquire size and scale to take on sprawling industry behemoths like LVMH and Kering SA and also avoid being gobbled up by them. See catwalkVersace – Fall-Winter2025 – 2026 – […]
Read MoreLiberation or decimation? While the 47th President of the United States is often seen as mercurial in his decision-making and penchant for threats, Donald Trump made good on a promise to impose further tariffs, this time mainly reciprocal to U.S. trade partners. In the first 48 hours of the announcement, stocks plummeted, and affected countries, […]
Read MoreBy ETX Daily Up Published April 4, 2025 Bright and vibrant, chartreuse—a yellow-green hue—is emerging as one of the standout shades of Spring-Summer 2025. Seen both on the runway and in the streets, this refreshing color stands out for its versatility, pairing seamlessly with everything from polished, sophisticated looks to laid-back, casual styles. Chartreuse takes […]
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