Lagardère Travel Retail Reports 60% Drop In Global Revenues, but China Outperforms The impact of the global pandemic on the retail industry has been profound, with many companies experiencing significant losses in revenue. Lagardère Travel Retail, a French travel retailer known for its partnerships with luxury brands such as Bottega Veneta, Gucci, and Tiffany, recently […]
BoF Insights | How to Tap Into the Enduring Appeal of Branded Luxury Hotels
BoF Insights | How to Tap Into the Enduring Appeal of Branded Luxury Hotels As global travel gradually recovers from the impact of the pandemic, the hospitality industry is witnessing a significant shift towards branded luxury hotels. These establishments offer a unique opportunity for luxury brands like Bulgari and Gucci to maintain a strong connection […]
Why Salone del Mobile Is Irresistible for Luxury Brands
Salone del Mobile: The Irresistible Magnet for Luxury Brands When it comes to the world of luxury, few events hold as much allure as the Salone del Mobile in Milan. This prestigious design fair, set to take place this week, is not just a gathering of designers and collectors; it is a melting pot of […]
Dolce & Gabbana Gets Fresh Cash to Fund Bet on Beauty Products
Dolce & Gabbana Secures €150 Million in Debt to Fuel Beauty and Property Expansion Dolce & Gabbana, the renowned Italian fashion powerhouse, is making strategic moves to drive growth and diversification by securing an additional €150 million in debt from creditors. This significant influx of capital is earmarked to fund the expansion of its beauty […]
Italy’s Golden Goose Rules Out IPO This Year, Sees Limited Impact From Tariffs
Italy’s Golden Goose Rules Out IPO This Year, Sees Limited Impact From Tariffs Italy’s renowned luxury sneaker brand, Golden Goose, has recently announced its decision to defer its Initial Public Offering (IPO) this year. Despite this delay, the company continues to hold a positive outlook on the prospect of a future market listing, indicating that […]
British Luxury Exports to EU Lag Due to Brexit, Lobby Group Says
British Luxury Exports to EU Lag Due to Brexit, Lobby Group Says The impact of Brexit on the UK’s luxury exports to the European Union has been a point of concern for many in the industry. According to the prestigious British luxury goods lobby group, Walpole, shipments of UK designer goods to the EU have […]