The luxury fashion world has witnessed a remarkable evolution in the last decade, spearheaded by dynamic and innovative designers who have redefined the landscape. One such visionary is Simon Porte Jacquemus, who launched his eponymous brand in 2009, quickly carving a niche for himself through a unique blend of creativity and business acumen. His story, […]
Fur Industry Faces Challenges with Elevation Strategy and LVMH Support
The global fur industry is confronted with significant obstacles, contributing to a shift in its overall market value. From a peak of $14.7 billion in 2013, the value of global fur exports has drastically fallen to just $3.4 billion in the previous year. This stark decline points towards a larger market trend, one that shows […]
Prada Group Defies Downturn As Miu Miu Surges 105%
In an impressive display of resilience amid a sluggish luxury market, Prada Group has reported a remarkable 18% surge in net revenues for the nine-month period ending this year. This growth is predominantly attributed to the astonishing success of its subsidiary brand, Miu Miu, which has achieved a staggering 105% increase in quarterly retail sales […]
For LVMH, It’s a Battle for Market Share Now. Let the Games Begin
In an unexpected twist for the luxury sector, LVMH, the world’s largest luxury goods conglomerate, revealed a 5 percent decline in third-quarter sales within its core fashion and leather goods division. This includes iconic brands such as Louis Vuitton, Dior, and rising stars like Loewe and Celine. This downturn arrives after a prolonged period of […]
Opening Day at Jacquemus’ First US Boutique
The excitement surrounding the launch of Jacquemus’ first US boutique in New York’s SoHo is a testament to the brand’s growing allure. Renowned for its vibrant marketing, whimsical accessories, and theatrical runway shows, Jacquemus has captured the attention of fashion enthusiasts globally. This pivotal moment not only signifies the brand’s expansion into the American market […]
Alberta Ferretti Names Lorenzo Serafini Creative Director
Alberta Ferretti, a stalwart in the world of luxury fashion, has announced the promotion of Lorenzo Serafini as its new creative director. This strategic decision coincides with the brand’s plan to consolidate its operations, specifically by folding the Philosophy line into the Alberta Ferretti brand, effective from the Autumn-Winter 2025 season. This move is intended […]
Hedi Slimane Is Exiting LVMH’s Celine
The departure of Hedi Slimane from Celine marks a significant shift in the luxury fashion landscape, particularly within the LVMH conglomerate. After seven years at the helm, Slimane’s exit was confirmed recently, concluding months of complex contract negotiations with LVMH’s chairman, Bernard Arnault. This decision comes on the heels of Slimane’s impressive tenure, during which […]
Alessandro Michele’s Valentino Vision
In an era where fashion is both a form of artistic expression and a business, Alessandro Michele’s recent appointment as creative director of Valentino marks a significant turning point for the storied Italian fashion house. After his groundbreaking tenure at Gucci, where he transformed the brand’s aesthetic and profitability, Michele’s vision for Valentino promises to […]
Alberta Ferretti Steps Down From Her Brand
Alberta Ferretti, the esteemed Italian designer, has announced her decision to step down as the creative director of her eponymous brand, a significant shift in the fashion landscape that she has influenced for over four decades. This announcement came as part of a statement made by Ferretti, who emphasized that the decision was “difficult, complicated, […]
Ludovic de Saint Sernin to Guest Design Jean Paul Gaultier Couture
In a significant highlight for the fashion world, Ludovic de Saint Sernin has been announced as the next guest designer for Jean Paul Gaultier’s haute couture collection. This prestigious collaboration is set to debut during Paris’ haute couture week in January, marking a pivotal moment for both de Saint Sernin and the storied fashion house. […]