Burberry’s Reset Begins to Click Burberry, the renowned British luxury fashion house, has recently made headlines with its strategic reset under new management. Despite facing challenges such as a swing to a loss in full-year profit and a 6 percent decline in quarterly sales, the company’s shares have soared as investors show confidence in its […]
Can Designer Perfumes Win Over the Niche Customer?
Can Designer Perfumes Win Over the Niche Customer? In the realm of fragrance, the competition between designer perfumes and niche brands has been heating up. Luxury fashion houses such as Bottega Veneta, Balmain, and Rabanne are venturing into the world of ultra-premium scents to tap into the lucrative niche fragrance market. However, they are facing […]
This Week: Luxury’s Salone Love Affair
This Week: Luxury’s Salone Love Affair The luxury fashion industry has been facing a downturn in demand, with shifting consumer preferences and economic uncertainties impacting sales. However, this challenging landscape has not deterred major luxury brands from showcasing their creativity and innovation at one of the most prestigious design events in the world – Milan’s […]
What Happened to Italy’s Luxury Sweatshops Investigation?
What Happened to Italy’s Luxury Sweatshops Investigation? Italy, known for its high-end fashion industry, was shaken almost a year ago when prosecutors connected renowned brands like Armani and Dior to sweatshops operating on the fringes of Milan. This revelation sent shockwaves through the fashion world, prompting an investigation that promised to uncover more brands involved […]