China’s Gold Jewellers: The Shining Stars in the Luxury Market In the realm of luxury markets, where trends fluctuate and consumer preferences evolve at a breakneck pace, China’s gold jewellers have managed to carve out a unique and enviable position for themselves. Brands such as Laopu Gold and Lao Feng Xiang are not just thriving; […]
Valentino Sales Slipped by 2% in 2024
Valentino Sales Slipped by 2% in 2024: A Closer Look at the Impact on the Brand’s Strategy Valentino, the renowned Italian fashion house, faced a minor setback in 2024 as its sales dipped by 2%. While this news may raise eyebrows in the fashion industry, a deeper dive into the numbers reveals a strategic move […]
Kering Shares Plunge 12% After Gucci’s Demna Appointment
Kering Shares Plunge 12% After Gucci’s Demna Appointment Kering, the renowned luxury goods company, recently experienced a significant setback as its shares plummeted by 12% following the announcement of Demna Gvasalia’s appointment as the new creative director of Gucci. This unexpected news sent shockwaves through the industry and sparked controversy on social media platforms, leading […]
Exclusive: Diane von Furstenberg Inks Distribution Deal With Zalando
Exclusive: Diane von Furstenberg Inks Distribution Deal With Zalando Diane von Furstenberg, the iconic American dress brand, has made a strategic move by inking a distribution deal with Zalando. This partnership marks a significant shift for the fashion house as it transitions from traditional wholesale models to exclusive regional distribution agreements as part of its […]
Gucci’s Marketing and Communications Shakeup Continues
Gucci, the illustrious Italian luxury brand, recently witnessed a significant shift in its marketing and communications landscape with the departure of chief brand officer Alessio Vannetti. This exit is part of a broader trend, as the company seeks to restructure its operations amidst troubling sales figures. Under the leadership of a new CEO, significant changes […]
Luxury Brands Under Scrutiny: The Hidden Cost of High Fashion
Milan, Italy — A mere 40-minute drive from the opulent shops on Via Monte Napoleone reveals a stark contrast in the luxury industry—a troubling narrative of labor exploitation that has recently captured headlines. In a nondescript building in suburban Pieve Emanuele, an ongoing investigation by the Milan Public Prosecutor’s Office has uncovered allegations of workers […]