When talking about Salvatore Ferragamo there is always somebody that mentions the merger. The latest ones were from Citigroup, according to which the luxury brand is perfect for a large acquisition by one of the largest conglomerates. But some don’t agree. First one disagreeing is Micaela Le Divelec, CEO of Ferragamo: “We have all the […]
Burberry walk the catwalk in the middle of English forests. Men’s and Women’s collections, designed by Riccardo Tisci for summer 2021, have inaugurated the London Fashion Week (which kicked off yesterday, 17 September 2020, and will conclude on September 22) by presenting a live streaming show posted on all of the brand’s digital platforms and, […]
New York, London and Paris events are coming up. It is not easy to say what we expect from the upcoming fashion shows as Covid-19 has shuffled cards and mixed them up. Some brands have decided to get free from the official agenda by setting dates independently. Others have been compelled to reduce their budget […]
Sustainable goals and financial means to achieve them. Salvatore Ferragamo have announced their own green targets, whose “feasibility” has been even endorsed by a third body. In the meantime, Burberry are about to issue some bonds to financially support, or refinance, a few projects focusing on sustainability. Green targets Such is the plan: to limit, […]
The first in chronological order is New York: from September 13 to 17, the Big Apple fashion week is staged. But the latest news is that Valentino gives up Paris, and will show in Milan. After the holidays, the Fashion Weeks will start. In New York, as we said, Michael Kors and Marc Jacobs will […]
Together again (for the fourth time). Ready to break the record again. The latest collaboration between Tod’s and Mr. Bags will lead to the creation of a new limited edition bag, which does not yet have a name. The product will be sold on WeChat with “Baoshop” mini program. The record to break is 696,000 […]
Mr Bags keeps achieving resounding success. What is his special talent? He promotes luxury leather bags in China and he succeeds in selling lots and lots of them in a very short while. The pandemic, caused by Covid-19 outbreak, did not hinder his business: Mr Bags drives Burberry sales. In April, the influencer was able […]
It is the best format possible today, no escaping. But it is not enough to replace fashion shows: the NYT misses real fashion weeks. “I never thought of writing these words – recognises Vanessa Friedman, fashion director of the New York Times -. I am among those who have complained a lot about the waste...
Burberry left about half of its revenue behind during the first fiscal quarter (which closed on June 27th, 2020). The brand expects to lose between 15% and 20% during the 2nd quarter, compared to 2019, which further confirms the savings’ strategy being implemented by the brand and that includes layoffs. The one positive note arrives […]
Burberry is reorganizing its structure and creating 3 distinct business units: Ready to Wear, Footwear and Accessories. The brand is also calling Adrian Ward-Rees, an old acquaintance of the brand, to head the first BU. The Footwear BU will be assigned to someone already in the brand’s organizational charts, while the head of Accessories is still to be […]
Paris Fashion Week, on the agenda in September, will take place as per schedule. The French capital city is gearing up to host traditional fashion shows and, at the same time, digital oriented events. Fashion week will begin in Paris, the Ville Lumière, on September 28th and will end on October 6th. The French Fashion […]
There are those that have increased them, such as Chanel, Dior and Louis Vuitton. And there are those that lowered them, such as Mulberry and Burberry). Each brands has its reasons, but all have done so according to their commercial strategy for Asia and, specifically China, where they plan to focus their efforts. This trend […]
“Set outdoors in the UK, the Spring/Summer 2021 collection will come to life on September 17th with a live physical presentation that will be open to everyone digitally”. Burberry returns to the catwalk: the British brand announces its date for September Fashion Week. According to creative director Riccardo Tisci “fashion weeks should not be eliminated. […]
Covid-19 outbreak has been deeply hitting luxury, in terms of economic effects, as much as all the other industries. Looking at several forecast about economic repercussions, throughout 2020, a report carried out by Bank of America stands out now. They drafted it after analysing global demand in April and May. US financial analysts estimate, for […]
Everything was very nice and, at the same time, very functional: yet, unfortunately, collections were not on the stage. “It wasn’t about the clothes”, pointed out the New York Times while commenting the latest London fashion week, which took place in a virtual setting. The British experience has evidenced that digital fashion week has a […]
On the one hand, 2019 revenues coming from shoes and bags enjoyed a boost; on the other hand, Burberry is going to focus its prospective development on Italian leather. In fact, the British brand will successfully carry out its leather certification plans as long as they can rely on collaboration with Italian tanneries. The aim […]
Resumption of consumption in progress. And budget holes less deep than initially feared. So say Capri Holdings and Wolverine: CRV does less damage than expected. In fact, right after the reopening of stores, sales are gradually getting back to last year standards, considerably driven by online sales, whose support is undoubtedly more and more relevant. […]
It is a good thing that designers and professionals discuss the physiognomy that fashion intends to assume in the Coronavirus era. “I believe in freedom – comments Carlo Capasa, president of Camera Nazionale della Moda Italiana (the National Chamber of Italian Fashion) -: this is why we should expect the world to be fluid, and […]
Covid turned Burberry’s year upside down. During the brand’s last fiscal quarter (January-March 2020) the British brand’s sales decreased by 27%, effectively cancelling out the +4% performance it had had during the previous 9 months (April – December 2019). Overall, preliminary results show that the brand’s sales performance dropped 4% for the year (at constant […]
The first one wants to record the shape of the Saddle Bag, while the second one wants to close the Lego bag. Dior and CHANEL are both committed to protect their iconic bags through two applications filed recently with the United States Patent and Trademark Office (USPTO). Dior and CHANEL Almost 20 years after its […]
