
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.
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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.
The pandemic has forced luxury goods companies to use social media, video and virtual showrooms to woo their wealthy customers in Europe when tourists, especially from China, have been absent for more than a year.
Luxury Swiss watchmakers, usually not fans of online retailing, are launching a new digital Watches & Wonders event on Wednesday to show off their latest products, hoping to revive sales hit by the coronavirus crisis.
The Agnelli family's investment holding company Exor will buy a 25% stake in luxury shoemaker Louboutin for 541 million euros ($643 million), the two companies said on Monday.
Leave it to Hermès to dream up a happy marriage between technology, choreography and fashion – and the smoothest and safest live event in an otherwise almost entirely virtual Paris Fashion Week.
Elizabeth Arden named top supermodel and actress Sui He as its latest global brand ambassador.
Paris Fashion Week has never been the easiest of cities for young hopefuls, though that lacuna underwent a major shift on Monday, when the Master's students of the Institut Français de la Mode opened the runway season.
Birkin bag maker Hermès weathered the coronavirus pandemic better than luxury goods rivals, with sales recovering sharply in the final part of 2020 thanks to a strong performance in Asia and soaring online revenues.
The architecture was almost as much a star as the clothes in the latest "performance broadcast" by the esteemed house of Hermès, which unveiled its Fall 2021 collection for men on Saturday.
The six-day French menswear catwalk season debuts on Tuesday, with a bumper crop of nearly 70 brands, albeit without a single runway show in Paris, due to stringent lockdown rules.