Market sentiment has turned back in favour of the luxury sector, driven by solid second quarter results, reports Pierre Mallevays of Savigny Partners.
The Philippines has long been overshadowed by its larger neighbours and underestimated by international fashion brands. Now the country is reporting faster economic growth than China. BoF reports.
LONDON, United Kingdom — Burberry Group Plc, the U.K.’s largest luxury-goods maker, reiterated its forecasts for the year after sales of its spring-summer collection lifted first- quarter retail revenue more than analysts estimated.
Luxury brands should take a page from technology companies like Apple and adopt ‘ecosystem models’ to develop new markets, channels and products, advises a recent report by The Boston Consulting Group. BoF investigates.
In a city where big shows can mean just that, BoF examines the rise of London Collections: Men and the business impact on the brands taking part.
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
LONDON, United Kingdom — Burberry Group Plc, the U.K.’s largest luxury-goods maker, reported full-year profit that beat analysts’ estimates, boosted by strong demand in China and Hong Kong, and raised its dividend 16 percent to 29 pence a share.
LONDON, United Kingdom — Louis Vuitton is losing ground as the world’s most valuable luxury brand as competitors including Gucci and Prada gain, a new research report shows.
HONG KONG, China — Armed with empty suitcases and same-day return tickets, an army of mainland Chinese is descending on suburban outlet shopping malls and international fashion chains in Hong Kong, turning cheap into the new chic as luxury falls out of favour.
In a three-part report, BoF examines New York City’s ever-shifting retail landscape. Today, we consider the rise and recasting of the Meatpacking District.
LONDON, United Kingdom — Burberry Group Plc reported fourth-quarter revenue that beat analysts’ estimates, helped by demand for its more expensive products. The stock had the biggest gain in more than six months.
LONDON, United Kingdom — The Savigny Luxury Index (“SLI”) gained 1.6 percent in March, outperforming the MSCI World Index (“MSCI”) by just half a percentage point. The SLI has been quite volatile over the month with the eurozone crisis and the US debt ceiling taking centre stage again.