Fairly Made assesses sustainable LVMH brand Patou
Luxury brand Patou, part of the LVMH group, has partnered with green technology startup Fairly Made for an evaluation of its products. Read More...
PRINT & DIGITAL
The luxury industry has gotten off track
Has the luxury industry gotten off track? Mike Redwood considers what a better consumer market would look like. Read More...
Growth weak for Tapestry in first quarter results
Tapestry has reported its first quarter financial results, with net sales growth of 0.4% to US$1.51 billion. Read More...
EBRD supports Mongolian sustainable leather business
The European Bank for Reconstruction and Development (EBRD) has supported Maris, a Mongolian brand focused on sustainable leather production. Read More...
Revenue declines continue for Ferragamo in H1
Salvatore Ferragamo has reported its financial results for the first half of 2023, with revenue falling by 4.8% year-on-year to €600 million. Read More...
Kering acquires 30% of Italian brand Valentino
French luxury group Kering has announced the acquisition of a 30% stake in Italian fashion label Valentino from Qatari investment fund Mayhoola for €1.7 billion. Read More...
Christopher Kane founders buy back brand
British fashion brand Christopher Kane has been rescued from administration by its original founders Christopher and Tammy Kane. Read More...
Burberry begins 2024 fiscal year with growth
Burberry has announced its financial results for the first quarter of the 2024 fiscal year, achieving a 17% increase in retail revenue to £589 million (US$772.6 million). Read More...
Dior raises handbag prices globally
Leather goods brand Dior has reportedly increased the price of its handbags in all markets, with increases ranging from 2% for some models to 14% for others. Read More...
South African union wins wage increase for leather workers
The Southern African Clothing and Textile Workers’ Union’s (SACTWU) leather negotiating team has won a wage increase above inflation for the general goods, handbags and footwear sectors. Read More...
