By Reuters API Published Apr 17, 2024 Italian luxury group Brunello Cucinelli said on Wednesday its sales rose 16.5% at current exchange rates in the first quarter, driven by growth in all regions, including Asia. Brunello Cucinelli As demand for luxury goods slows, the gap between the performances of different groups widens, with those focusing … Read more
By Bloomberg Published Apr 17, 2024 LVMH’s first-quarter results brought reassuring signs that wealthy Chinese shoppers are splashing out on luxury items — just not in China. See catwalkLouis Vuitton – Fall-Winter2024 – 2025 – Womenswear – France – Paris – ©Launchmetrics/spotlight The world’s largest luxury group — with 75 brands ranging from Louis Vuitton … Read more
Translated by Roberta HERRERA Published Apr 16, 2024 During the Milan Furniture Fair, luxury houses prominently showcase projects that draw heavily on heritage, collaborating with pivotal figures in design. Many leading labels have opted to reissue the celebrated historical works of design luminaries, particularly Italian, reinterpreting these pieces in opulent versions that align seamlessly with … Read more
Translated by Nicola Mira Published Apr 14, 2024 Italy is more than ever at the centre of attention this spring, hosting in April some of the most interesting events in the culture, art and design sectors. Starting with the 60th edition of the Venice Biennale, an international art exhibition held every two years, whose pre-opening, … Read more
By AFP Translated by Roberta HERRERA Published Apr 11, 2024 Gucci has long served as the powerhouse driving the luxury conglomerate Kering forward. Yet, sales of the esteemed Italian brand are decidedly on a downward trajectory in a decelerating global luxury market. Consequently, Kering has little choice but to rejuvenate the brand by elevating its … Read more
Translated by Cassidy STEPHENS Published Apr 11, 2024 In the midst of its repositioning, Gucci has announced a new key appointment to complete its front-line management team. Kering’s flagship label has recruited Stefano Cantino from Louis Vuitton to take on the newly created role of deputy CEO to support CEO Jean-François Palus. Palus took the … Read more
Men arrive hauling overstuffed blue plastic bags, from which emerge Gucci baseball hats, Fendi wallets, Hermès belts and bright orange Louis Vuitton shoeboxes, sold from rickety tables at a fraction of the price of their originals. An officer of the Guardia di Finanza, the Italian police in charge of financial crime and smuggling, checks trucks … Read more
By AFP Published Apr 7, 2024 As top brands like Gucci and Prada prepare to report billions in sales this month, luxury fakes on the streets of Naples are also yielding a jaw-dropping cash stream — for the mafia. See catwalkGucci – Fall-Winter2024 – 2025 – Womenswear – Italie – Milan – ©Launchmetrics/spotlight The teeming … Read more
Translated by Roberta HERRERA Published Apr 3, 2024 And then there were 12! With the addition of the strategic consultancy and creative agency Sunshine, falling into its fold, The Independents further expands its scope and secures its second operation in less than two months. Following the acquisition of the English agency Kennedy in March, the … Read more
By Bloomberg Published Apr 5, 2024 In 2007, Louis Vuitton introduced a new spacious bag in its trademark monogram. Meant as a seasonal beach carry-all, the Neverfull, as it was known, became an instant hit. Part of the appeal was that it was relatively affordable. I purchased one in 2010, and it cost around £600 ($760). Not cheap … Read more
