Analysts at Goldman Sachs Group Inc. have expressed serious concerns about the stability of the recent rally in luxury-goods stocks, primarily driven by stimulus measures announced in China. These analysts have downgraded Kering SA, the parent company of Gucci, to a “sell” rating, highlighting a challenging outlook for the luxury sector. Louise Singlehurst, a Goldman […]
Telfar to Launch Real Leather Bags
Telfar, the independent fashion brand celebrated for its sought-after vegan leather totes, is taking a bold step into the luxury market by introducing a new line of real leather bags. This significant move highlights the brand’s ambition to cater to a more upscale audience while maintaining its focus on accessibility and inclusivity. The forthcoming collection, […]
Victoria Beckham's Losses Shrink as Sales Soar 50% at Fashion Brand
Victoria Beckham’s fashion and beauty venture has posted impressive results, narrowing losses to just £200,000 last year while sales skyrocketed by an impressive 52% to £89 million (approximately $112 million). This surge in revenue marks a significant turnaround for the brand, driven primarily by the growth of online sales, the performance of its flagship Mayfair […]
