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This Week: Kering, LVMH and Hermès Confront Luxury’s ‘Underconsumption’ Problem
The Business of Fashion· 2 hours agoLuxury brands have been sounding the alarm about a global downturn in recent months. Analysts expect...
Is It Time for Supreme to Sell Out?
The Business of Fashion· 2 days agoThe New York-based streetwear juggernaut, founded in 1994, was resold by the US apparel group VF Corp. to French-Italian eyewear conglomerate...
Dunhill Gives Casual Dressing the Silent Luxury Treatment With New AthLuxury Line
WWD· 2 days agoLONDON — Dunhill’s creative director Simon Holloway is not slowing down, not even in the summer,...
Hublot and TAG Heuer Are Both Getting New CEOs
Robb Report via Yahoo Finance Canada· 3 days agoArnault isn’t the only one reshuffling C-Suites amid a so-called struggling market. (The watch business isn’t booming as it was in 2022, but it’s far...
Swiss Watch Exports to China Contract 36% in June
WWD· 3 days agoPARIS — China and its current economic travails are weighing heavily on the Swiss watch industry, as its export figures from June showed. Foreign sales...
Serapian Brings Milan Design Flair to Tokyo With New Ginza Boutique
WWD· 4 days ago“This opening marks a very important step four our maison: Villa Serapian Ginza is our first...
Purdey Taps British Designer Giles Deacon as Creative Director
The Business of Fashion· 4 days agoJames Purdey & Sons, the over 200 year-old Richemont-owned British brand, has named British designer...
Luxury Brands Feel the Sting as Chinese Growth Slows
The Business of Fashion· 4 days agoProfit warnings from Burberry and Hugo Boss and a 27 percent drop in quarterly sales in China, Macau and Hong Kong from Richemont this week have...
Richemont: luxury group in sights of LVMH’S Arnault?
Digital Journal· 4 days agoThe Swiss luxury group Richemont, which owns Cartier and other jewellery brands, is regularly the subject of takeover rumours which its founder, the...
EXCLUSIVE: Giles Deacon Partners With Purdey on Luxury Looks for Outdoor Pursuits
WWD· 4 days agoLONDON — Purdey has embraced fashion, and it isn’t looking back. The Richemont-owned gunmaker and...