How Fast Is Gucci Growing?
This week everyone will be talking about Gucci’s latest sales figures Kering, Moncler and Hermès report quarterly results on Oct. 24 Gucci’s pace of growth has slowed markedly this year, and sales dropped in the US in the second quarter following the “blackface” balaclava…
Burberry Bets on New Branding to Boost Sales
The label is rebranding itself as sales slide, sparking mixed reactions It has a hotshot new designer known for dressing Beyoncé and is experimenting with monthly product launches on social media. Now Burberry is moving past its famed camel check prints with new logo-style…
Desiré Simoni new sales director LVMH Fragrance Brands It
Desiré Simoni is the new Sales Director of LVMH Fragrance Brands Italia, the Italian division of LVMH Perfumes & Cosmetics aimed at the development and marketing of the brands Givenchy Fragrances & Beauty and Kenzo Parfums. Simoni started his professional career in Hillshire Brands in…
Saint Laurent gets jolly with Christmas Capsule collection
Deck your wardrobe with the fanciest and chicest bags from the Saint Laurent Christmas Capsule now Great news for all the likeminded last minute Christmas shoppers out there. We’ve compiled a Saint Laurent Resort Collection roundup to beat the holiday blues. For the girl about…
Armani forecasts two more years of falling sales, profits
Italian fashion brand Giorgio Armani, which posted falling sales and profits last year, warned on Thursday that revenues and margins will continue to slide for the next two years before the company returns to growth in 2020. The group, along with its peers, is facing…
Ivanka Trump: goodbye to her fashion company. “Guilt of Donald’s detractors”
Frustrated by the restrictions and the conflict of interests that penalized her, the daughter of the president of the United States has decided to say enough Ivanka Trump is preparing to close her fashion line. The Wall Street Journal writes it. The president’s daughter…
It’s Game Over for Victoria’s Secret, Jefferies Declares
An unexpected drop in June comparable sales shows that Victoria’s Secret just keeps struggling to drive traffic, said the investment bank It seems no one wants to know Victoria’s Secret anymore. L Brands Inc. reported an unexpected drop in June comparable sales for its lingerie…
Superdry Revenue Climbs on Online Sales
After posting double digit growth, the British company declared it would pay a 25 pence per share special dividend British clothing and accessories maker Superdry Plc posted double-digit growth in full-year revenue on strong online sales, and declared a special dividend. Shares of the company…
Calvin Klein and the others Betting on Denim Revival
Jeans have struggled to beat back more comfortable styles such as leggings and yoga wear, but fashion brands are renewing their focus on denim From Ralph Lauren to Calvin Klein, America’s biggest fashion labels are pinning their hopes on a blue jean revival. Across…
At least two new workshops planned for this year and next: Louis Vuitton expands its leather goods and handabg production
Louis Vuitton is looking to cut lead times to help it react to sales trends and plans to deliver handbags within a week of internal orders coming in, down from the current two weeks Louis Vuitton, the biggest earnings driver at French luxury goods…