By Bloomberg Published Apr 24, 2024 Kering SA warned that profit will plunge in the first half of the year after wealthy shoppers curbed spending on Gucci products. See catwalkGucci – Fall-Winter2024 – 2025 – Womenswear – Italie – Milan – ©Launchmetrics/spotlight Recurring operating income will drop between 40% and 45% in the first six … Read more
Translated by Nicola Mira Published Apr 19, 2024 Hermès, with its spectacular installation at the Pelota venue, and Giorgio Armani, exhibiting at the historic Palazzo Orsini, have been the main attractions at Milan Design Week, drawing scores of visitors each day, with long queues forming outside their respective venues. It may be a coincidence but, … 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
By Bloomberg Published Apr 16, 2024 Hermes has potential to surpass LVMH’s flagship Louis Vuitton in the coming years as the luxury industry’s biggest brand by turnover, according to Citigroup Inc. analysts. See catwalkHermes – Fall-Winter2024 – 2025 – Womenswear – France – Paris – ©Launchmetrics/spotlight The Birkin bag maker’s sales are set to hit … 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 Published Apr 12, 2024 Italian fashion designer Roberto Cavalli, whose penchant for python and flamboyant animal prints made him the darling of the international jet set for decades, died Friday at 83, the luxury company said. Dr “It is with deep regret and a great sadness the Roberto Cavalli Maison participates in the … 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
Once upon a time, fashion brands were meant to be experienced by wearing their offerings or perhaps via smell by wearing their fragrances. Today’s focus on brand experience is driving a new sense: taste. European luxury brands have primarily tapped into this space, with Hermès, Dior, Louis Vuitton, and Prada launching cafes in various global … 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
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
