This Week: How Far Does the Power of Brand Go? On Running and Tapestry are set to report their earnings this week, stepping into the spotlight amid the backdrop of rising inflation and cautious consumer spending. With the recent strong performances from Ralph Lauren and E.l.f. Beauty, the upcoming financial results of these two brands […]
Fashion Brand Isabel Marant’s Bonds Dive After Sales Slump
The luxury fashion industry faces significant turbulence, a reality starkly illustrated by Isabel Marant’s recent sales report. The brand, known for its distinct Parisian chic, has seen its bonds hit a record low after reporting substantial declines in revenue. With a notable 31% drop in sales to wholesalers and online clients, the company experienced an […]
Swiss Watch Exports Plunge as Chinese Demand Dries Up
In a significant blow to the luxury watch market, Swiss watch exports saw a staggering decline of 12.4% in September 2024, marking a troubling trend for an industry once considered resilient against economic fluctuations. The primary catalyst for this downturn is a notable 50% drop in shipments to China, a country that has been a […]