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luxury

American company Kontoor Brands promotes Michael Karapetian to VP role

by Lionel Rogers
American company Kontoor Brands promotes Michael Karapetian to VP role

By Fibre2Fashion Published Feb 9, 2024 Kontoor Brands, Inc., a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler and Lee, announced the promotion …

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China’s tepid rebound has left luxury shops relying on US demand

by David Johnson
China’s tepid rebound has left luxury shops relying on US demand

By Bloomberg Published Feb 9, 2024 Just over a year after China ended its Covid-Zero policy, the expected bounceback in spending on high-end consumer goods has failed to live up …

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Kering’s Gucci can be revived but it won’t go viral

by Lionel Rogers
Kering’s Gucci can be revived but it won’t go viral

By Bloomberg Published Feb 9, 2024 Investors are looking for the next turnaround story in luxury. Gucci-owner Kering SA seems like a good fit. See catwalkGucci – Fall-Winter2024 – 2025 …

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Boss introduces new double-B monogram, Hugo unveils Formula 1 link-up

by Lionel Rogers
Boss introduces new double-B monogram, Hugo unveils Formula 1 link-up

Hugo Boss’s Hugo and Boss brands have had plenty of news this week with a key new monogram design and an important sports partnership. Boss First Boss. It has launched …

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Shiseido hopes to bounce back after fiscal 2023 marred by China woes

by Lionel Rogers
Shiseido hopes to bounce back after fiscal 2023 marred by China woes

By AFP Translated by Nicola Mira Published Feb 9, 2024 Japanese cosmetics giant Shiseido is hoping fiscal 2024 will see sales growing again in China and in the travel retail …

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Hermès booms globally, reports “outstanding sales” for 2023 and Q4

by Lionel Rogers
Hermès booms globally, reports “outstanding sales” for 2023 and Q4

Ultra-luxury specialist Hermès was upbeat on Friday as it released what it said were “outstanding sales and results” for 2023 as a whole and for the fourth quarter. See catwalkHermès …

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After Neiman Marcus, now Kering cuts Farfetch links

by Lionel Rogers
After Neiman Marcus, now Kering cuts Farfetch links

Gucci and Saint Laurent owner Kering has reportedly cut direct links with Farfetch although its brands could continue to be available on the site when sold through the third-party retailers …

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Vionnet’s first capsule before unveiling its new business model

by David Johnson
Vionnet’s first capsule before unveiling its new business model

Translated by Roberta HERRERA Published Feb 9, 2024 Vionnet initiates its return to the market with a premier capsule collection, preceding its official relaunch slated for summer 2024. Following its …

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L’Oreal Q4 sales up 6.9% despite decline in North Asia

by Lionel Rogers
L’Oreal Q4 sales up 6.9% despite decline in North Asia

By Reuters API Published Feb 9, 2024 Cosmetics group L’Oreal reported a 6.9% rise in fourth quarter sales, slower growth than in the previous quarter, as its travel retail business …

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Alibaba boosts share buy back as revenues miss estimates

by David Johnson
Alibaba boosts share buy back as revenues miss estimates

By Reuters Published Feb 9, 2024 China’s Alibaba Group Holding on Wednesday missed analysts’ estimates for third-quarter revenue, hurt by a weak retail environment and faltering economic recovery in the …

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