Strong demand in mainland China helped Cartier-owner Richemont offset a weaker performance elsewhere in its first quarter, as protests in Hong Kong hit sales, revenues fell in Europe and its watch business faltered.
The bid for a 100% stake in Roberto Cavalli by the Dubai property group, made via a subsidiary, has convinced Cavalli’s current owner Clessidra, the label and the tribunal, but a final court ruling is still required.
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 French fashion house said on Wednesday it is in talks with Mexican artisans regarding the production of the Dolls by Raw Edges collection, which has been criticised for featuring traditional Mexican designs.
The French luxury house has launched its fragrance and beauty offering on Chinese e-commerce platform Tmall, the first time that consumers in the country can purchase Chanel products online outside of its official site.
Delphine Vitry and Jean Revis, founders of Parisian agency Mad, a firm advising luxury brands on client experience and international expansion, are the guests of the latest LuxurynsightXFashionNetwork.com podcast.
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.
The Mexican government has questioned Louis Vuitton’s use of a traditional Mexican pattern in the design of a chair, less than a month after it sent a similar letter to another prominent fashion house.