Gucci may not have grown quite as fast in the latest quarter, according to Kering’s recent results, but it continues to be hugely popular, with the brand making it back to the top spot in the latest Lyst Index for Q2.
In a ruddy sign of renewed health for the Italian fashion capital, Milan Fashion Week has added five new noted houses to its official calendar, which was released Friday afternoon by the Camera della Moda.
Kering’s main Gucci brand, which set a high bar for luxury goods rivals during several years of explosive growth, posted a slower-than-expected rise in second-quarter sales on Thursday, hit by a blip in the U.S.
Luxury goods group LVMH on Wednesday posted better-than-expected second quarter revenue, lifted by accelerating momentum in its fashion and handbag division that houses its Louis Vuitton and Christian Dior megabrands.
Burberry’s Q1 Trading update was closely watched on Tuesday and it seemed to deliver, with rising sales and a positive consumer response to its Riccardo Tisci-designed collections, both at retail and in wholesale.
Stella McCartney has signed a deal to partner with LVMH, the designer retaining majority ownership of her label but also about to enter a new era as part of the increasingly-sustainability-focused luxury group.
The Woolmark Prize, historically fashion’s most famous award, has significantly overhauled its advisory board for the 2020 prize, in what will be seen by many as an attempt to generate more traction and attention.
Fashion loves nothing more than a debut; and haute couture doubly so. Hence, one could almost touch the sense of anticipation at Schiaparelli on Monday morning for the couture debut of Texas-born Daniel Roseberry.