According to the latest report from luxury consignment platform TheRealReal, Gucci currently leads the pack when it comes to resale, while streetwear has kept its cool and logomania is conquering new categories.
The young Amsterdam-based designer, a semi-finalist at the LVMH Prize 2019, is staging an exhibition entitled ‘Old Stock’ in Utrecht, the Netherlands, until October 27, showcasing his work with recycled clothes.
Manolo Blahnik has been busy of late. Fresh from buying a key supplier last month, the company said on Friday that it has appointed company insider Andrew Wright as President of its North American operations.
Hugo Boss expects full-year sales and earnings to come in at the lower end of its forecasts due to challenges in the U.S. market, despite strong sales growth in China, the German fashion house said on Thursday.
From new labels to store openings and marketing campaigns, the French luxury group continues to invest on all fronts, notably in its fashion business, whose sales boomed in H1 2019, driven by Dior and Louis Vuitton.
Kering’s main Gucci brand, which set a high bar for luxury goods rivals during several years of explosive growth, posted a slower-than-expected rise in second-quarter sales on Thursday, hit by a blip in the U.S.
Luxury goods group LVMH on Wednesday posted better-than-expected second quarter revenue, lifted by accelerating momentum in its fashion and handbag division that houses its Louis Vuitton and Christian Dior megabrands.
Surging demand in Asia and especially mainland China helped Birkin handbag maker Hermes post better-than-expected sales growth for the second quarter, in an encouraging signal for some of its major luxury goods rivals.
The great outdoors are a magnet for space-starved urbanites. As outdoor wear is increasingly directional, FashionNetwork.com explored the OutDoor show to verify if mountain apparel brands are profiting from this trend.