Translated by Nicola Mira Published Jun 19, 2024 Bottega Veneta has promoted Thierry Conrad Reutenauer to the post of global communications director. In a press release, the Kering-owned luxury label said …
By Reuters Published Jun 18, 2024 China’s richest people are avoiding flaunting their wealth in favour of more discreet fashion, according to a report published on Tuesday by Bain consultancy …
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 Nicola Mira Published Jun 11, 2024 A fast-fashion giant has replaced another at the head of Fashion Pact. The consortium’s former co-chair, Helena Helmersson, was ousted as CEO …
This year, more than ever, Saint-Tropez is attracting the attention of luxury brands. One after another, they are announcing the reopening of their seasonal boutiques. Some of them are going …
By Reuters Translated by Roberta HERRERA Published Jun 10, 2024 The departure of Chanel’s creative director has profoundly shaken the luxury industry, underscoring its current predicament between exorbitant prices and …
By Reuters Published Jun 8, 2024 The departure of Chanel’s top designer early Thursday sent ripples across the $1.62 trillion luxury goods industry at a time when all the major …
Kering wants to strengthen its global visibility and control its image. To this end, the French luxury group chaired by François-Henri Pinault has announced the creation of the role of …
Translated by Roberta HERRERA Published Jun 5, 2024 Following an initial fundraising in October 2020, Matière Première has welcomed Kering Beauty as a minority shareholder. This marks the first such …
Translated by Nicola Mira Published Jun 4, 2024 A change at the top for DFS Europe. Catherine Newey, head of Parisian department store Le Bon Marché, has been named managing …