default-output-block.skip-main
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Murky outlook, PPR beats estimates, Chanel’s US recovery, M-commerce grows at Rue La La, Theyskens and Rosen Q&A

Bottega Veneta Tech Toys | Source: Bottega Veneta
By
  • BoF Team

Luxury market faces spending drought through 2020 (Luxury Daily)
"The tough economy has permanently reined in the purchasing habits of the current generation of affluent consumers and upscale brands should expect more conservative spending until Generation Y enters the luxury market in force in 2020."

PPR Third-Quarter Sales Beat Estimates (Bloomberg)
"Each of PPR's luxury brands increased sales at least 10 percent in the quarter... The third quarter increases the company's confidence of a stronger full-year 'operating and financial' performance, he said."

Chanel sees trade improving, U.S. market recovery (Reuters)
"Chanel's sales have improved since the summer, and business in the United States is recovering but has yet to return to pre-crisis levels, the French luxury company's supervisory board president said."

Mobile sales to hit 20 percent in 2011 at Rue La La (Internet Retailer)
"The mobile site and apps account for 13% of total sales, and at the rate m-commerce is growing at Rue La La, mobile may account for 20% of total sales next year."

Olivier Theyskens and Theory: Q & A (NY Times)
"Few would have guessed that he would end up in a full-time job at Theory. But in a Q&A... Andrew Rosen, the co-chief executive officer of the label, and Mr. Theyskens said the designer's collaboration turned out to be a natural fit."

© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from News & Analysis
Fashion News, Analysis and Business Intelligence from the leading digital authority on the global fashion industry.




view more

Subscribe to the BoF Daily Digest

The essential daily round-up of fashion news, analysis, and breaking news alerts.

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
BoF Professional Summit - New Frontiers: AI, Digital Culture and Virtual Worlds - March 22, 2024
© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.
BoF Professional Summit - New Frontiers: AI, Digital Culture and Virtual Worlds - March 22, 2024