Thriving demand in mainland China drove sales higher at luxury brand Hermès in the third quarter, helping it offset a slowdown in Hong Kong, and the company said on Thursday that the momentum had carried into October.
Sales growth at Kering slowed slightly in the third quarter, in line with expectations, as the luxury group offset some of the hit from turmoil in Hong Kong with strong spending by shoppers in other Asian markets.
Scores of off-calendar presentations and shows are now the norm, in parallel with increasingly intense fashion week schedules. FashionNetwork.com spoke with designers and buyers to understand the phenomenon.
The future site in Piedmont will become the European hub for the group's operations, the Swiss subsidiary having been at the core of the tax evasion case that resulted in a record fine for the French luxury group.
After FF Reloaded and Fendi Mania, the Roman luxury label is launching Fendi Roma/Amor, the third collection themed around its FF monogram, teaming up with tagger Pref and Korean eyewear label Gentle Monster.
According to a study by McKinsey & Co. for the Italian Fashion Chamber, presented on Tuesday in Milan, sustainability has an increasingly decisive influence on buyers’ choices, from retailers to end consumers.
Moncler is one of Italian fashion and luxury’s greatest success stories this century. FashionNetwork.com caught up with CEO Remo Ruffini in Milan for some insights into making Moncler a mega success and his future plans.