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LuxExperience has reported Q3 results for its legacy Mytheresa business and said it saw a “solid” net sales rise of almost 4% plus “continued strong adjusted EBITDA profitability at a 4% margin”. MYTHERESA Q3 of FY25 covers the three months to the end of March and the company said it saw the growth despite a […]
Read MoreBy Bloomberg Published May 9, 2025 Some luxury labels are pulling back from steep markdowns in China, seeking to rebuild an image of exclusivity to lure back wealthy shoppers whose spending remains less affected by economic slowdown. See catwalkGucci – Fall-Winter2025 – 2026 – Womenswear – Italie – Milan – ©Launchmetrics/spotlight None of the products […]
Read MoreBy Bloomberg Published April 30, 2025 Prada SpA reported better-than-expected sales at the start of the year, outperforming a sluggish luxury sector with robust growth at its Miu Miu brand. Prada sees further growth as sales buck wider luxury slowdown. – Bloomberg The Hong Kong-listed group said Wednesday that first-quarter net revenue rose 13% at […]
Read MoreBy DPA Published April 28, 2025 Two gunshots abruptly ended Gianni Versace’s life. On July 15, 1997, after returning from his morning walk to Casa Casuarina, his Miami Beach villa on Ocean Drive, the celebrated Italian designer was ambushed by a gunman. Two bullets struck him in the back of the head. Gianni collapsed on […]
Read MoreVersace has released its latest campaign and it’s significant in that it’s the first one since Dario Vitale was named to the top created post at the label back in March. DR Everything about Versace is being closely watched at the moment because, apart from its change of creative chief with Donatella Versace stepping down, […]
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 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 Reuters Published April 10, 2025 Capri Holdings may have to let go of its image as a luxury fashion house and bank on mid-tier pricing as well as a partnership with Amazon.com for its Michael Kors brand following its $1.4 billion sale of Versace to Prada. See catwalkMichael Kors – Fall-Winter2025 – 2026 – […]
Read MoreBy AFP Published April 10, 2025 As a student in the volatile May of 1968, Miuccia Prada took to the streets of Milan to demonstrate for women’s rights wearing an Yves Saint Laurent suit. See catwalkMiu Miu – Spring-Summer2025 – Womenswear – France – Paris – ©Launchmetrics/spotlight Today, the 76-year-old reigns over a luxury goods […]
Read MorePrada S.p.A. on Thursday announced that it has entered into a definitive agreement to acquire 100% of Versace from Capri Holdings, completing a negotiation that had lasted just a few months. Prada Prada Group Chairman and Executive Director Patrizio Bertelli The cash consideration, based on an Enterprise Value of €1.25 billion, is subject to adjustments […]
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