Italy’s HModa to explore strategic options, owner says

By Reuters API Published May 6, 2024 ​Italy’s HModa, which groups Italian luxury clothing and leather goods manufacturers, is exploring strategic options for the company as it anticipates a sector rebound in 2025, its owner told Reuters. HModa Claudio Rovere, who is the majority shareholder of HIND, which in turns controls HModa, said that the … Read more

Gucci’s China shock reverberates across the luxury landscape

By Bloomberg Published Mar 24, 2024 Fears of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year. Last week the scale of the problem hit home for one of fashion’s biggest but most exposed brands, Gucci. See catwalkGucci – Fall-Winter2024 – 2025 – Womenswear – Italie – … Read more

Chanel changes the guard amid weaker luxury demand

By Bloomberg Published Jan 12, 2024 Chanel has seen several executives leave the luxury fashion house in recent months amid a slowdown in demand for the sector’s pricey goods. See catwalkChanel – Pre-Fall2024 – 2025 – Womenswear – Manchester – ©Launchmetrics/spotlight The company’s former Japanese head has joined the US and UK bosses in departing … Read more