headlines
Kering warns profit to tumble following Gucci woes in China
Kering SA warned that profit will plunge in the first half of the year after wealthy shoppers curbed spending on Gucci products.
Luxury
Business
Armani "doesn’t rule out" merger or IPO in succession plan
Three months before his 90th birthday, Giorgio Armani is hinting at possible big changes for his Italian fashion empire once he’s no longer in charge.
Luxury
Business
L'Oreal sales rise 9.4% as mass market makeup outshines luxury
L'Oreal reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a slowdown in the two biggest beauty markets the United States and China.
Beauty
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
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
The latest news
headlines
Kering warns profit to tumble following Gucci woes in China
Kering SA warned that profit will plunge in the first half of the year after wealthy shoppers curbed spending on Gucci products.
Luxury
Business
Armani "doesn’t rule out" merger or IPO in succession plan
Three months before his 90th birthday, Giorgio Armani is hinting at possible big changes for his Italian fashion empire once he’s no longer in charge.
Luxury
Business
L'Oreal sales rise 9.4% as mass market makeup outshines luxury
L'Oreal reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a slowdown in the two biggest beauty markets the United States and China.
Beauty
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
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
Business
Nat Habit crosses Rs 100 crore revenue in FY24, focuses on product line expansion
Natural beauty brand Nat Habit crossed the Rs 100 crore milestone for its yearly revenue for the first time in the 2024 financial year and plans to fuel future growth by expanding its product offering.
Beauty
Business
India's plain gold jewellery exports grew by 61.72% in FY24: GJEPC
India’s total plain gold jewellery exports increased by 61.72% year on year in the 2024 financial year while gross coloured gemstone exports rose by 14% and platinum jewellery exports jumped 449.16%.
Luxury
Industry
Kering shares drop after Gucci slump prompts profit warning
Kering SA shares tumbled after the luxury group warned that profit will plunge in the first half of the year on slumping sales at Gucci, its biggest brand.
Luxury
Business
Indus Valley Cosmetics plans to expand hair colour brand, invest Rs 40 crore in research and development, marketing
Natural beauty brand Indus Valley Cosmetics plans to invest Rs 40 crore in marketing and research to tailor its products to the needs of its customers and reach more Gen Z and millennial shoppers.
Beauty
Industry
Trade shows
Robert Talbott to make debut appearance at Pitti Uomo
American menswear brand Robert Talbott is set to make its debut appearance at Pitti Uomo, the world's premier trade show for men's fashion.
Fashion
Trade shows
Furniture Fair: The Karl Lagerfeld label joins forces with Toan Nguyen, Thom Browne with Frette
In Milan, Karl Lagerfeld unveiled his second home collection, Thom Browne launched a textile line with Italian manufacturer Frette and luxury outlet Fidenza Village teamed up with artist Cyril Lancelin.
Lifestyle
Trade shows
Furniture Fair: Fashion in search of sustainable solutions with Yves Salomon, Dolce & Gabbana and Benetton
The two luxury brands, along with the Italian retailer, are making a name for themselves at this year's Milan Design Week with some particularly original and environmentally-friendly projects.
Fashion
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
