headlines
Italy's Cucinelli defies slowdown fears with 16.5% growth in sales
Italian luxury group Brunello Cucinelli said on Wednesday its sales rose 16.5% at current exchange rates in the first quarter, driven by growth in all regions, including Asia.
Luxury
Business
Adidas raises earnings guidance after strong first quarter
Adidas on Tuesday raised its 2024 profit outlook after what the German sportswear giant said was a better than expected first quarter.
Fashion
Business
LVMH sales growth slips on luxury spending slowdown
LVMH's sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its luxury labels to hold back on splashing out thousands of dollars on handbags and other accessories.
Luxury
Business
L'Occitane owner plans second try to take company private, sources say
The chairman and controlling shareholder of skincare company L'Occitane International is planning again to take the company private, just a few months after he shelved a buyout attempt, two sources said on Tuesday.
Beauty
Business
Levi Strauss tightens budget, stops footwear line, closes factory in Plock, Poland
CEO Michelle Gass, who took charge of the global denim giant in January, presented the first quarterly results under her stewardship, and reassured the markets, outlining the ‘Project Fuel’ plan’s progress.
Fashion
Business
The latest news
headlines
Italy's Cucinelli defies slowdown fears with 16.5% growth in sales
Italian luxury group Brunello Cucinelli said on Wednesday its sales rose 16.5% at current exchange rates in the first quarter, driven by growth in all regions, including Asia.
Luxury
Business
Adidas raises earnings guidance after strong first quarter
Adidas on Tuesday raised its 2024 profit outlook after what the German sportswear giant said was a better than expected first quarter.
Fashion
Business
LVMH sales growth slips on luxury spending slowdown
LVMH's sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its luxury labels to hold back on splashing out thousands of dollars on handbags and other accessories.
Luxury
Business
L'Occitane owner plans second try to take company private, sources say
The chairman and controlling shareholder of skincare company L'Occitane International is planning again to take the company private, just a few months after he shelved a buyout attempt, two sources said on Tuesday.
Beauty
Business
Levi Strauss tightens budget, stops footwear line, closes factory in Plock, Poland
CEO Michelle Gass, who took charge of the global denim giant in January, presented the first quarterly results under her stewardship, and reassured the markets, outlining the ‘Project Fuel’ plan’s progress.
Fashion
Business
Business
PC Jeweller's board approves Rs 2,000 crore fundraise
Fine jewellery brand PC Jeweller’s board of directors has approved a proposal to raise a total of Rs 2,000 crore through the preferential allotment of fully convertible warrants and rights issues.
Luxury
Business
Includ raises $1.5 million in funding round led by Incubate Fund Asia
Includ, a kidswear brand has raised $1.5 million (Rs 12 crore) in seed funding round led by Incubate Fund Asia.
Fashion
Business
Italy's Cucinelli defies slowdown fears with 16.5% growth in sales
Italian luxury group Brunello Cucinelli said on Wednesday its sales rose 16.5% at current exchange rates in the first quarter, driven by growth in all regions, including Asia.
Luxury
Business
FTC is preparing lawsuit to block Tapestry’s purchase of Capri
US antitrust enforcers are preparing a lawsuit seeking to block fashion company Tapestry Inc.’s $8.5 billion planned takeover of Capri Holdings Ltd., according to a person with knowledge of the matter.
Luxury
Business
Trade shows
GJEPC's IGJS kicks off in Jaipur, draws global buyers
The Gem and Jewellery Export Promotion Council’s International Gem and Jewellery Show launched in Jaipur on April 12 to showcase Indian manufacturing and technology to global members of the jewellery industry.
Luxury
Industry
GJEPC celebrates 'Brilliant Bharat' at IIJS Tritiya, signs MoU for growth
The Gem and Jewellery Export Promotion Council celebrated ‘Brilliant Bharat’ and India’s jewellery artisans at its recent India International Jewellery Show Tritiya trade show in Bengaluru.
Luxury
Industry
Paul Smith will open next Pitti Uomo with latest collection
Paul Smith is expected to make an impact this June as the British designer opens the 106th Pitti Immagine Uomo with the launch of his SS25 collection.
Fashion
Trade shows
Startup Mahakumbh brings together Indian businesses at first edition in New Delhi
From March 18 to 20, the first ever edition of industry event Startup Mahakumbh brought together Indian businesses in New Delhi to position India as a global innovation hub.
Fashion
Industry
