Pierpaolo Piccioli named new Creative Director of Balenciaga

French luxury group Kering has appointed Pierpaolo Piccioli to be the new Creative Director of Balenciaga, in a bold return to the catwalks by the Italian designer.  Pierpaolo Piccioli named new Creative Director of Balenciaga – David Sims “Kering and Balenciaga are pleased to announce the appointment of Pierpaolo Piccioli as the new Creative Director […]

Read More

Luxury labels ditch steep China discounts to rebuild brand value

By 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 More

How the first Monday in May has become New York’s third fashion week

As guests rolled up to this year’s Met Ball, the official opening of the step and repeat involved a gospel choir of Black men donning tailcoats performing on the museum’s steps. With Anna Wintour, along with co-hosts Colman Domingo (wearing Maison Valentino), Lewis Hamilton (wearing Wales Bonner), Pharrell Williams (wearing Louis Vuitton), and A$AP Rocky […]

Read More

Acne Studios names Buonomano its new CMO

Acne Studios has named Brune Buonomano as its new global chief marketing officer, effective early next month. She joins the global leadership team and the executive committee and will report directly to CEO Mattias Magnusson, while working closely with Jonny Johansson, co-founder and creative director. Brune Buonomano The company said Buonomano “will bring her international […]

Read More

L’Oreal shares gain after strong quarterly sales for luxe unit

By Bloomberg Published April 22, 2025 L’Oreal SA shares gained after the cosmetics company reported resilient sales growth, led by demand for high-end make-up and perfumes. L’Oréal The stock rose as much as 2.6% early Tuesday, the first day of trading in Paris after the owner of brands such as Aesop and Kiehl’s published financial […]

Read More

L’Oreal posts rise in sales despite challenging US market

By Reuters Published April 17, 2025 L’Oreal reported a 3.5% rise in like-for-like first-quarter sales on Thursday, beating expectations for slower growth, as strong demand for its face creams and perfume in Europe helped counter challenging conditions in the United States. Maybelline The French cosmetics group, which owns Maybelline makeup and Kiehl’s skincare, reported sales […]

Read More

Billionaire Prada clan succession plan bolstered by Versace deal

By 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 More

Former Reliance Brands CEO and managing director Darshan Mehta passes away

Darshan Mehta, former managing director and CEO of Reliance Brands Limited, passed away on April 9 to an outpouring from the retail industry. The executive had joined Reliance Brands at its inception in 2007 and led the company for over 17 years. Darshan Mehta was a well known name in Indian retail – Raghavendra Rao- […]

Read More

Mytheresa launches immersive shopping experience for Apple Vision Pro

Global luxury e-commerce platform Mytheresa has positioned itself amongst the first luxury platforms to design a shopping app for Apple Vision Pro, with the launch of its exclusive visionOS app this month.  Mytheresa launches immersive shopping experience for Apple Vision Pro. – Mytheresa The Mytheresa app, created in collaboration with Obsess, a leading immersive shopping […]

Read More

Kering’s Gucci can be revived but it won’t go viral

By 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 More