Prada Nears Approval of Versace Deal Despite Tariffs The luxury fashion industry is abuzz with anticipation as Prada SpA edges closer to securing the acquisition of Versace from Capri Holdings Ltd. in a deal worth €1.25 billion ($1.4 billion). Despite the looming threat of tariffs and economic uncertainties, Prada is forging ahead, showcasing resilience and […]
Retail Pioneer Darshan Mehta Has Died
Remembering the Legacy of Retail Pioneer Darshan Mehta The recent passing of Darshan Mehta, a seasoned veteran in the retail industry, has left a significant void in the world of luxury fashion in India. With an illustrious career that spanned over two decades, Mehta made a lasting impact on the landscape of retail, particularly in […]
Explainer: How Trump’s Tariffs Threaten Luxury Fashion
Explainer: How Trump’s Tariffs Threaten Luxury Fashion The recent shifts in US trade policy under the Trump administration have sent shockwaves through various industries, and luxury fashion is no exception. While it may seem like increased tariffs won’t significantly impact retail prices immediately, the ripple effects on the global economy and consumer sentiment could pose […]
Why Gap Is Going Premium
Why Gap Is Going Premium Gap, the iconic American retail brand known for its classic casual wear, is taking a bold step into the world of premium fashion with its new GapStudio line. This strategic move comes as the brand aims to reinvent itself and cater to a more discerning and fashion-forward audience. Spearheaded by […]
Yoox-Net-a-Porter’s Chief Executive to Step Down
Alison Loehnis Announces Departure from Yoox-Net-a-Porter: What’s Next for the Luxury E-Commerce Giant? In a surprising turn of events, Alison Loehnis, the long-serving Chief Executive Officer of Yoox-Net-a-Porter (YNAP), has revealed her decision to step down from her role. Loehnis, who has been an integral part of the company since 2007, will bid farewell to […]
Moncler To Add Alexandre Arnault To Its Board After LVMH Deal
Moncler Welcomes Alexandre Arnault to Its Board Following LVMH Partnership Moncler, the renowned ready-to-wear outerwear brand, is making strategic moves by adding Alexandre Arnault to its board. This decision comes in the wake of a significant deal with the French luxury conglomerate LVMH, further solidifying Moncler’s position in the fashion industry. Alexandre Arnault, the third […]
How Fashion Learned to Love The Real Housewives
Fashion Industry Embraces The Real Housewives Phenomenon For nearly two decades, Bravo’s iconic reality TV series, The Real Housewives, has captivated audiences with its drama, luxury, and larger-than-life personalities. While the show has always been a pop culture staple, its influence on the fashion industry has recently reached new heights. Marketers and designers alike are […]
A Restless, Radical Mind: How Jonathan Anderson Transfigured Loewe
A Restless, Radical Mind: How Jonathan Anderson Transfigured Loewe In the realm of fashion, there are designers, and then there are visionaries – those rare individuals who possess an innate ability to not only push boundaries but to completely redefine them. Jonathan Anderson, the creative genius behind the transformation of Loewe, undoubtedly falls into the […]
Will Gucci’s Demna Strategy Work?
Will Gucci’s Demna Strategy Work? When Kering, the luxury fashion conglomerate, announced its decision to appoint Demna Gvasalia, the creative genius behind Balenciaga, as the new creative director of Gucci, the fashion world was sent into a frenzy. The move was seen as a bold and risky strategy by many, considering Gucci’s status as one […]
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 […]