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%)
3 Oct 2016 Jill Sander (Onward Holding): fewer sales, fewer shops and talk of firing creative director Rodolfo Paglialunga
20 Sep 2016 Prada: more closures than openings. After Porta Venezia in Milan, the Swiss outlet in Mendrisio is also closing down
19 Sep 2016 Tod’s slips in the first half of the year: “We’re starting out again from the quality of the leather”
25 Jul 2016 Alibaba and luxury: now it also wants to sell it second-hand. The business is (obviously) worth billions
18 Jul 2016 The revolution at Burberry’s has its roots in the tanning industry: Gobbetti, the new CEO, is the son of a tanner
