LuisaViaRoma: Navigating Financial Turbulence Through Court Protection LuisaViaRoma, the renowned Florence-based luxury retailer, has recently made headlines as it filed for court protection amidst a challenging financial landscape. The company, known for its exquisite fashion offerings and impeccable service, is facing the repercussions of unpaid bills and a significant decline in sales. In a strategic […]
Bag Charms Selling for $1,000 Are Retail’s Next Little Luxury
Bag Charms Selling for $1,000 Are Retail’s Next Little Luxury In the world of luxury retail, there is a new trend emerging that is captivating the attention of fashion enthusiasts and industry experts alike – bag charms selling for a staggering $1,000. What was once considered a simple accessory has now transformed into a coveted […]
A Letter to Kering’s New CEO
A Letter to Kering’s New CEO Dear Luca De Meo, As you step into your new role as the chief executive of Kering, a luxury powerhouse known for its iconic brands like Gucci, Saint Laurent, and Bottega Veneta, the spotlight is on you to navigate the company through the challenges that lie ahead. With the […]
Gucci Staff Threaten to Strike Over Welfare Payment Dispute
Gucci Staff Threaten to Strike Over Welfare Payment Dispute The renowned luxury brand Gucci is currently facing a significant challenge as around 1,000 of its retail and logistics employees in Italy have declared a ‘state of unrest’. The cause of this turmoil stems from the employees’ accusation that the Kering-owned company has been withholding a […]
Can Hong Kong Reclaim Its Luxury Crown?
Can Hong Kong Reclaim Its Luxury Crown? Hong Kong, once hailed as the epitome of luxury shopping in Asia, is facing tough competition from rival shopping hubs and a dwindling reputation as a regional gateway for big spenders. However, despite these challenges, fashion and jewelry brands in the city are not backing down. Instead, they […]
Fashion Mogul Hilary Weston Dies at 83
Fashion Mogul Hilary Weston Leaves a Lasting Legacy at 83 The recent passing of Hilary Weston, the former lieutenant-governor of Ontario and a prominent figure in the fashion industry, has left many mourning the loss of a true visionary. Throughout her illustrious career, Weston made significant contributions to the world of fashion, leaving behind a […]
Canada Goose’s Retail Push, Designer Tie-up Power Sales As Costs Surge
Canada Goose’s Retail Push, Designer Tie-up Power Sales As Costs Surge Canada Goose, the renowned luxury outerwear brand, is making waves in the retail industry with its strategic expansion and innovative collaborations. Despite facing a bigger-than-expected quarterly loss, the company recently reported a remarkable 22.4 percent surge in first-quarter sales. This outstanding performance not only […]
Kering Shares Rise as Market Looks Ahead
Kering Shares Rise as Market Looks Ahead Investors in Kering, the renowned luxury goods company, have recently demonstrated optimism as the market shifts its focus towards the future under the leadership of new CEO Luca De Meo. Despite facing another weak quarter, shareholders are choosing to look past the current challenges and instead concentrate on […]
The Most Desirable Fashion Companies to Work For in 2025
The Most Desirable Fashion Companies to Work For in 2025 As the fashion industry continues to evolve, attracting and retaining top talent has become more crucial than ever. In a recent survey conducted by BoF Careers, over 1,000 fashion professionals from around the world were asked to name the companies they would most like to […]
LVMH Slide Signals No Quick End to Big Luxury’s Malaise
LVMH Slide Signals No Quick End to Big Luxury’s Malaise The luxury industry has hit a rough patch, with LVMH, the sector bellwether, recently announcing a steep sales decline in its core fashion and leather goods division. This division is home to iconic brands like Louis Vuitton and Dior, making it a key indicator of […]