Fur, so long associated with glamour and luxury, has lost its lustre. Over the course of the past year, many of the world's most prestigious fashion houses have announced plans to stop using the controversial material.
The CEO of the Asian luxury distributor shares his vision of the region with FashionNetwork.com in a two-part interview. In part one, he talks about the role of distributors and China's influence over the rest of Asia.
Michael Kors may have seen its shares falling sharply after sales missed analysts’ forecasts, but the message from the company’s top team was (almost) all positive as it looked to a time when it will be an $8bn group.
Michael Kors undershot analysts’ revenue estimates for the first time in almost two years in Q2, as the luxury fashion firm saw lower sales at retail stores in Europe, where it’s trying to boost its performance.