Short Sellers Increase Pressure on Kering’s New CEO Short sellers are known for their ability to spot weaknesses in companies and capitalize on them. In the case of Kering, these investors have made their most significant bets in over ten years against the luxury goods giant. A recent analysis by Reuters has shed light on […]
Inside Breitling’s Big Bet on the NFL
Breitling Scores Big with $30 Million NFL Partnership Breitling, the renowned Swiss watchmaker, has made a strategic move by teaming up with the National Football League (NFL) in a groundbreaking partnership estimated at $30 million. This bold collaboration not only solidifies Breitling’s presence in the US market but also opens up exciting new avenues for […]
Opinion: This Economy Is Ripe for Fake and Copycat Luxury Goods
Opinion: This Economy Is Ripe for Fake and Copycat Luxury Goods In the realm of luxury goods, a storm is brewing. The convergence of rising prices, evolving consumer preferences, and manufacturing controversies is shaking the very foundation of the industry. This perfect storm is creating a fertile ground for counterfeiters and imitators, who are seizing […]
Italian Manufacturers Say Big Luxury Must Examine Sourcing Practices
Italian Manufacturers Call for Transparency in Luxury Sourcing Practices Trade group Confindustria Moda has recently made a bold call to action within the luxury industry. As major brands continue to face scandals related to illegal sweatshops outside Milan, the organization is urging for a ‘concrete dialogue’ on cost targets and contract terms. This move highlights […]
This Week: What’s Ailing Louis Vuitton?
Troubleshooting Louis Vuitton: Analyzing the Decline of LVMH’s Flagship Brand Louis Vuitton, the iconic luxury brand under the umbrella of LVMH, has long been a symbol of status, sophistication, and style. However, recent reports indicate that all may not be well within the world of LV. As LVMH gears up to announce another quarter of […]
UK’s Mulberry Raises $27 million From Top Investors As Revenue Drops
UK’s Mulberry Secures $27 Million Funding From Leading Investors Amid Revenue Decline In a strategic move to navigate through challenging times, the renowned British luxury brand, Mulberry, has successfully raised $27 million from top investors. This infusion of funds comes at a crucial juncture for the company as it grapples with a noticeable decline in […]
Why Jewellery Feels Like a Better Deal Than a Handbag
Why Jewellery Feels Like a Better Deal Than a Handbag In the world of luxury goods, the age-old debate of whether to invest in jewellery or handbags continues to intrigue fashion enthusiasts and investors alike. However, recent trends suggest that jewellery may be taking the lead as the better investment option. While both jewellery and […]
Luxury Counterfeiters Are Outsmarting the Industry
Luxury Counterfeiters Are Outsmarting the Industry In the world of luxury goods, authenticity has always been a key selling point. The allure of owning a genuine designer handbag or a Swiss-made watch is not just about the item itself but also about the prestige and quality that come with it. However, as purveyors of secondhand […]
LVMH Relinquishes Place Among Europe’s Top Five Biggest Stocks
LVMH Relinquishes Place Among Europe’s Top Five Biggest Stocks LVMH, the luxury goods giant based in France, has long been a prominent player in the European stock market. However, recent developments have seen the conglomerate’s position among the top five biggest stocks in Europe falter. The company’s shares experienced a notable decline of 3 percent […]
Swiss Watch Industry Sees Tough Times Ahead Over Trump Tariffs
Swiss Watch Industry Faces Challenges Amidst Trump Tariffs The Swiss watch industry, known for its precision, craftsmanship, and timeless elegance, is currently facing turbulent times ahead. The recent announcement by President Trump of imposing significant tariffs on goods from Switzerland, as well as from the European Union, has sent shockwaves through the luxury market. The […]