The luxury industry is falling from its elevated heights
Labels from Gucci to Burberry are struggling as aspirational shoppers pull back from extravagance The gleaming flagship stores of Louis Vuitton, Chanel and Gucci...
Gucci Presents Five Icons of Italian Craftsmanship for Milan Design Week
Gucci is participating in full force for Milan Design Week. Created from an idea of creative director Sabato De Sarno is a special project titled Gucci Design Ancora,...
Christian Dior achieves 3% organic revenue growth in the first quarter
The Christian Dior group recorded revenue of €20.7 billion in the first quarter of 2024. Organic revenue growth came to 3%. Christian Dior had...
Luxury Car Sales Plunge In Korea After Company Vehicles Forced To Wear Green Plates
Sales of Bentley, Porsche and Rolls-Royce cars have nose-dived in Korea, a new report says, and it’s got nothing to do with drivers being unable...
Maison Margiela joins luxury brands betting on loyalty through phygital product sales
This week, both Maison Martin Margiela and the digital fashion startup Mmerch launched web3 products catered to collectors. On Wednesday, Maison Margiela launched the...
Gucci vs LV vs Dior: Which brand topped China’s Q1 digital rankings?
In a dazzling display of digital engagement, Louis Vuitton clinched top spot in Re-Hub’s Compass Index for luxury brands (luxury fashion and leather goods...
Why Outlet Malls Are Emerging As A Hotspot For Luxury Brands
Luxury brands have a love-hate relationship with outlet stores and malls. Some eschew them entirely, such as Louis Vuitton, Hermès and Chanel. Others keep...
LVMH fashion division sales up 2% in Q1 as luxury growth cools
A luxury slowdown and uncertainty in markets like China and the watches and jewellery category isn’t deterring LVMH from moving full-speed ahead toward a...
Lunn’s Unveils Rolex Certified Pre-Owned Programme in Northern Ireland
Luxury jeweller Lunn’s has extended its horological offering and joined the Rolex Certified Pre-Owned programme. The new programme makes it possible to purchase pre-owned...
Mercedes-Benz Trucks Eyes Long-term Development in China
Mercedes-Benz Trucks is in China for the long run, said a senior company executive at the ongoing China International Import Expo on Monday. “Be...