Italy’s luxury shoemaker Salvatore Ferragamo saw a return to growth in the first quarter of 2019, after revenues and net profit increased on the back of retail and wholesale revenues, and surging sales growth in China.
Maria Grazia Chiuri never really takes a break. Two weeks after her African-inspired Christian Dior cruise show in Marrakech, Chiuri designed the costumes for a phantasmagorical performance at the Tiepolo Ball in Venice.
According to a McKinsey study, China’s luxury expenditure is expected to be worth €159 billion and have a 40% share of the global market by 2025, driven by rising middle class expenditure and consumers born in the '90s.
Anya Hindmarch is back in the top job at her eponymous fashion label, eight years after she stepped down as chief executive. She’s now managing director and will continue in her other role as creative director.
Ahead of Dior's cruise show in Marrakech, FashionNetwork.com caught up with the label's women’s creative director Maria Grazia Chiuri in Paris for a freewheeling conversation on fashion, fantasy, fabrics and feminism.
French luxury group Kering is close to agreeing to pay between €1.3 billion (£1.1 billion) and €1.4 billion to settle a dispute with Italian authorities over unpaid taxes by its fashion brand Gucci, sources said.
A day after Fendi’s owner Bernard Arnault revealed that the house plans a homage show to its deceased creative director Karl Lagerfeld in Rome, the Roman house announced plans for a second show - in Shanghai.
LVMH is one of France’s most valuable groups, and chairman Bernard Arnault is Europe’s richest man, yet the luxury baron insisted on Thursday at the annual shareholders meeting that it's really just a family affair.
Time Magazine has named Clare Waight Keller, the artistic director of the house of Givenchy, and Valentino's Pierpaolo Piccioli to its '2019 Time 100' list of the 100 most influential people in the world.
Gucci growth is slowing but Kering is OK with that as it's still surging. Meanwhile Saint Laurent and Balenciaga are powering ahead and Bottega Veneta sales may be down, but the omens are good for Daniel Lee's designs.
On April 15, the multi-brand luxury fashion boutique Aura hosted a meet and greet with Suket Dhir along with a designer showcase. The Raipur event launched the designers’ latest collections and promoted the brands.