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Hugo Boss Q1 boosted by China, online and casualwear

Hugo Boss Q1 boosted by China, online and casualwear

​Hugo Boss said that it's seen a solid start to the year as it revealed its first-quarter sales. Not that those sales rose. In fact they were down 8% currency-adjusted, or 10% in total to €497 million.
Fashion
Hermès unveils new Beijing flagship

Hermès unveils new Beijing flagship

​Ultra-luxe label Hermès has unveiled a newly transformed flagship in Beijing's China World Trade Centre. It covers two floors and more than 900 sqm with an “eye-catching façade that beckons from afar”.
Luxury
Luxury: Multibrand e-tailers the winning proposition

Luxury: Multibrand e-tailers the winning proposition

Covid-19 has boosted e-tail, especially for multibrand sites and leading luxury labels, according to a study by Bernstein for Altagamma. An evolution that means other labels need to rethink their commercial strategy.
Luxury
Gucci tops Lyst Index again, but Nike and Dior snap at its heels

Gucci tops Lyst Index again, but Nike and Dior snap at its heels

Gucci, Nike and Dior were the hottest names in fashion in Q1 while designer collabs, resale, and consumers getting ready for a return to nromal life also impacted the latest Lyst Index.
Fashion
LVMH raises Tod's stake to 10%

LVMH raises Tod's stake to 10%

French luxury goods group LVMH will increase its stake in fashion company Tod’s to 10%, Tod’s said, in a move which sources described as “friendly support” for the Italian struggling leather goods maker.
Luxury
World's most valuable apparel brands: Nike, Gucci top again, ASOS and Boohoo are buoyant

World's most valuable apparel brands: Nike, Gucci top again, ASOS and Boohoo are buoyant

Nike has once again claimed the title of the world’s most valuable apparel brand. It’s the seventh year in a row that it has taken top spot in the annual Brand Finance ranking.
Fashion
Pandemic impact: Farfetch says consumers shop more sustainably now

Pandemic impact: Farfetch says consumers shop more sustainably now

​Farfetch has just published its first annual Conscious Luxury Trends Report, examining how luxury consumers are shopping more responsibly.
Fashion
Hermès buoyant in Q1 as Asia, US and online soar

Hermès buoyant in Q1 as Asia, US and online soar

​Hermès had a good first quarter as all of its business lines returned to growth and the company said it saw "a remarkable increase" in ready-to-wear and accessories, as well as watches and other categories. 
Luxury
Burberry Autumn/Winter 2021: Warrior-woman feminism with flags

Burberry Autumn/Winter 2021: Warrior-woman feminism with flags

Burberry’s chief creative officer Riccardo Tisci dedicated his latest collection to warrior women like his mother; a homage to feminine power featuring all manner of flags, unveiled online on Wednsday.
Luxury
Gucci rebound drives Kering's sales up 26% in Q1

Gucci rebound drives Kering's sales up 26% in Q1

Sales at Kering rose by 26% in the first quarter of 2021, led by a strong rebound for its star label Gucci, with growth in Asia and the United States more than offsetting new coronavirus lockdowns in much of Europe.
Luxury
Hugo Boss names Sullivan to key marketing role

Hugo Boss names Sullivan to key marketing role

​Hugo Boss has named a new marketing and comms chief with the appointment of Miah Sullivan. She joins on May 1 after having previously worked at Luxottica, Furla and St John Knits. 
Fashion
Balenciaga winter 2021 pre-collection: Yearning for global travel

Balenciaga winter 2021 pre-collection: Yearning for global travel

With European populations slowly but surely being vaccinated, designers on the Continent are suddenly expressing a new optimism. Few more so than Demna Gvasalia of Balenciaga in Balenciaga's winter 2021 pre-collection.
Fashion
Kering lays down more roots in Italy with logistics platform in Trecate

Kering lays down more roots in Italy with logistics platform in Trecate

With its new logistics centre in Trecate, west of Milan, luxury group Kering is continuing to invest in Italy where it currently counts 44 sites including factories, laboratories, and offices.
Luxury
Hugo Boss adds to webstore total as it targets €300m in web sales this year

Hugo Boss adds to webstore total as it targets €300m in web sales this year

​Hugo Boss is diving further into online with a major expansion of its webstore offer. The company has gone online in 12 additional markets.
Luxury
Creative director Paul Andrew leaves Salvatore Ferragamo

Creative director Paul Andrew leaves Salvatore Ferragamo

British designer Paul Andrew, head of all collections at Florentine luxury brand Salvatore Ferragamo since 2019, will leave his role at the business in May. The brand’s in-house team will take over his responsibilities.
Luxury
Stellar Vuitton growth powers LVMH sales in first quarter

Stellar Vuitton growth powers LVMH sales in first quarter

Surging sales at Louis Vuitton and Dior helped French luxury giant LVMH make a very strong start to 2021, with overall revenues returning to growth in the first quarter despite new coronavirus lockdowns in Europe.
Luxury