By Bloomberg Published Aug 7, 2024 Coupang Inc posted its first loss in two years, after the acquisition of unprofitable Farfetch Holdings Plc and a government regulatory fine offset strong …
As luxury giant Richemont continues to seek a long-term solution for its underperforming Yoox Net-A-Porter (YNAP) business, a report has said that the online operation is exiting China to focus …
By Bloomberg Published Jun 14, 2024 Richemont’s luxury e-commerce platform Yoox Net-A-Porter is pulling out of China, as weak consumer spending puts increasing strain on high-end brands’ operations in the …
By Bloomberg Published Jun 14, 2024 Some luxury labels are discounting their products to an unprecedented degree in China, reflecting a growing panic over unsold inventory as local consumers pull …
Translated by Roberta HERRERA Published Jun 13, 2024 The Barcelona fashion brand continues to forge ahead in the realm of collaborations. Just weeks after Mango unveiled its exclusive premium capsule …
Richemont had a lot to share on Friday with the Swiss luxury giant both confirming the slowdown in the luxury sector (albeit with only a 1% sales dip in Q4) …
Mytheresa, the German-born luxury e-tailer, on Wednesday announced a sturdy 18% rise in third quarter revenues, in the latest sign that the company has successfully weathered the downturn in the …
Virtual try-on (VTO) specialist Wanna only announced the launch of VTO for bags a couple of months ago and now Maison Valentino has launched a VTO experience for its Valentino …
Translated by Nicola Mira Published Apr 23, 2024 Marcelo Burlon is stepping down as creative director for his County of Milan label. The announcement comes at a delicate time of …
A preliminary autopsy report found that knife wounds and head trauma were the cause of her death, reported Spanish media outlet La Verdad de Murcia. A Spanish Civil Guard officer …