Browsing: Luxury
Ironically, Gucci lets down investors and Kering’s bonds crash at the Stock Exchange. Pinault to think about plan B
LVMH’s Fashion & Leather Goods unit gains 8,6 billion euros (+25%) in the first six months, while driving the group’s sales (+10%)
Dior to revamp iconic Saddle Bag, but Chinese advertising by influencer Elle Lee proves rather clumsy
Hermès goes great as usual, as biannual revenues nearly reach 3 billion euros. Amazing Asia: +15%. Leather goods at the top (+8%)
French online: LVMH look ahead at digital business, while currently increasing by 30%; Balmain renovates through YNAP
Louis Vuitton to invest again in manufacturing, after buying out a site in Vendôme for a 180-employee fashion workshop
Burberry enjoys a boost (+3%) in the first quarter, though Europe’s market is not rewarding. Tisci looks at capsules
