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July 2, 2018

Brexit pains: in London Louboutin’s profits decrease, owing to higher costs; the same goes for Mulberry, since tourists spend less

One of the very first brands being immediately affected by Brexit effects is Christian Louboutin.…

June 25, 2018

Versace is close to the Billion Dollar Club. Balenciaga and Jimmy Choo to join as well

The fashion house is about to reach one billion euros, in terms of incomes, in…

June 18, 2018

Savigny depicts luxury as oriented and focused: Moncler and Hermès expand, whereas Tod’s and Ferragamo do not change course

In the market, outcomes look more and more oriented. On the one hand, some fashion…

June 18, 2018

Prada’s garden-factory in Arezzo is a new landmark of the group. “We are not going to sell, my sons are ready”, points out Bertelli

Prada is not for sale: the next generation of managers is gearing up. The news…

June 18, 2018

When luxury is not respected in its own home: Mulberry slow down in the UK (which is still worth 70% though) and go up abroad

Mulberry are speeding up in Asia to offset losses in the United Kingdom. The British…

June 18, 2018

Bottega Veneta to appoint immediately (on July 1) Daniel Lee (former Céline) as new chief designer, after Maier

Bottega Veneta’s new creative director comes from Céline. He is not going to be Phoebe…

June 18, 2018

Spanish Puig buy out Dries van Noten on last minute acquisition

At the end of May, the deal was just an assumption, nothing more than rumors.…

June 11, 2018

Mighty Gucci give a warning to Louis Vuitton, while aiming to boost revenues up to 10 billion euros

Gucci’s top managers have already set a proper strategy, obviously focused on product. Looking at…

June 4, 2018

Michael Kors’ financial statements are “amazing”. Likewise Jimmy Choo, though Millennials are not that enthusiastic…

Michael Kors financial year was more than positive in the end. In fact, after the…

May 28, 2018

Richemont focus on fashion while first appointing an accessories manager and possibly planning new acquisitions

Richemont are about to create a new role in their own management, as they are…

May 14, 2018

The Financial Times illustrates the luxury derby between Gucci, going ahead full sail, and Louis Vuitton, “to expand the business considerably”

Bizzarri and Michele are gearing up to climb on top of luxury. On the other…

May 14, 2018

Ferragamo: “Relaunch goes on”. In the first quarter revenues went down by 1,7% and profits declined by 18,8% though

Rates of exchange are currently “not advantageous” and, in addition, the various channels “keep having…

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