This Week: Success and Failure at New York Fashion Week New York Fashion Week is always a whirlwind of excitement, creativity, and fierce competition. The schedule for this week is no exception, packed with established brands that are riding the wave of contemporary success, as well as emerging labels that are facing an uncertain future. […]
Gucci Owner’s Fortunes Rest on Heir Letting CEO Do His Job
Gucci Owner’s Fortunes Rest on Heir Letting CEO Do His Job The luxury fashion industry is no stranger to power struggles and corporate shake-ups. With the recent announcement of Francois-Henri Pinault, the owner of Gucci’s parent company Kering, preparing to pass the torch to his successor, all eyes are on whether the heir will allow […]
Armani: What’s Next for the Sleeping Beauty Mega-Brand?
Armani: What’s Next for the Sleeping Beauty Mega-Brand? Armani, a name synonymous with radical lightness and Italian elegance, has long been revered as a mega-brand in the fashion industry. With a legacy built on an all-encompassing vision that revolutionized the way we perceive style and sophistication, the house of Armani stands as a beacon of […]
The Great Fashion Reset | When Will Luxury Bounce Back?
The Great Fashion Reset | When Will Luxury Bounce Back? The fashion industry has been facing unprecedented challenges in recent times, with the global pandemic sending shockwaves through the luxury market. As the world grapples with persistent economic pressures, key markets like China and the US have been significantly impacted, making it increasingly difficult for […]
The Executive Who Left Luxury for Digital Fashion
From Luxury to Digital: The Bold Move of Alice Delahunt Alice Delahunt, a prominent figure in the luxury fashion industry, recently made headlines by departing from her role as Ralph Lauren’s chief digital and content officer. Her decision to leave behind the world of high-end fashion and venture into the realm of digital innovation has […]
Net-a-Porter Founder Sues Ex-Partner for Fraud, Emotional Distress
Net-a-Porter Founder Sues Ex-Partner for Fraud, Emotional Distress Natalie Massenet, the renowned founder of the luxury online fashion retailer Net-a-Porter, has recently made headlines for a shocking lawsuit she filed against her ex-partner, Erik Torstensson. The lawsuit, which has sent shockwaves through the business and fashion worlds, accuses Torstensson of fraud and deceit, alleging that […]
Hermès Believes Heir No Longer Holds Shares Worth €14 Billion
Hermès Unravels the Mystery of the €14 Billion Inheritance In the realm of luxury fashion, Hermès stands as a beacon of tradition, exclusivity, and unparalleled craftsmanship. However, recent revelations have shaken the very foundation of the renowned French fashion house. Executive Chairman Axel Dumas has shed new light on a long-standing mystery that has captivated […]
Kering Woes Continue as Gucci Sales Plunge 25%
Kering Woes Continue as Gucci Sales Plunge 25% Luxury fashion conglomerate Kering is facing turbulent times as its renowned brand Gucci experiences a significant setback. Recent reports have revealed a staggering 25% plunge in sales for the fashion house, marking a challenging period for the iconic label. This decline comes as Gucci prepares for its […]
DTC Brand Quince Valued at Over $4.5 Billion
DTC Brand Quince Valued at Over $4.5 Billion Direct-to-consumer (DTC) brands have been making waves in the retail industry for the past few years, disrupting traditional business models and capturing the attention of consumers worldwide. One such brand that has recently taken the spotlight is Quince, an accessible luxury label that has gained popularity through […]
Qatar-backed Mayhoola denies report it is considering Valentino sale with Kering
Mayhoola Denies Reports of Valentino Sale to Kering: What’s Next for the Fashion House? Mayhoola, the Qatar-backed investment fund, has recently found itself at the center of speculation regarding a potential sale of Valentino to Kering. However, the fund has swiftly moved to deny these reports, leaving many in the fashion industry wondering about the […]