28 Nov 2016 Jimmy Choo’s turnover up by 9.2% in the first months. Highly likely “another record year”
21 Nov 2016 LVMH, prudence is never enough: the group buys back 300 million of its own shares and cancel them
21 Nov 2016 Coach and Kors: rumours spark stock exchange speculations. Spade: “Anyone buying us?” asks one of the investors
21 Nov 2016 Ferragamo ends a critical 2016 (revenue -0.7%). In the new year, the main focus will be on footwear
21 Nov 2016 Bags and shoes do not save Parakian: the French fashion house requests the compositions with creditors. Agreement with Italians MMB goes bust
14 Nov 2016 Bizzarri raises the bar pushing Gucci towards 6 billion euro turnover. The secret of success? “Always thinking as if we were a start-up …”
14 Nov 2016 Burberry’s first semester doesn’t perform as hoped. Revenues down (-4%) and net profit (-24%). New CEO Gobetti will only take office in July
7 Nov 2016 Hermès boosts sales in the third quarter thanks to its leather goods: the brand makes up +9%, bags +16%
7 Nov 2016 Hugo Boss: -3% in the third quarter. Mark Langer (CEO): “So long, luxury: we’re going back to the premium segment”
7 Nov 2016 Coach tries to forget its poor first quarter looking ahead to his new brand positioning strategy (with Burberry in sight)
7 Nov 2016 An old tender offer on Bulgari by LVMH turns into a fine. CONSOB (Today) inflicts 850,000 euro fine for market abuse
2 Nov 2016 Fireworks for Gucci (+18%) this quarter and tears for Bottega Veneta (-11%). The Bizzarri-Michele duo leads Kering to success (+10%)
24 Oct 2016 EU blow to Gucci: Guess didn’t steal its logo, now the Florentine label has to pay legal fees
17 Oct 2016 The attempted takeover bid for Hermés has cost LVMH dear: 400 million to the French tax authorities. Meanwhile, Arnault has closed the door to Amazon.
17 Oct 2016 Maserati and Zegna are renewing their partnership: premium leathers and chevron patterns for the new collection
17 Oct 2016 US retailer Nordstrom doesn’t appreciate the references to prescription drugs: it’s withdrawing the Moschino collection
10 Oct 2016 Luxury, in the ranking of the best brands, Gucci is galloping ahead (+6%) while Prada takes a step back (-12%)
