Burberry sends shiver, Kick of energy, Coty postpones IPO, Holiday turbulence, Carine Roitfeld

| Daily Digest

Burberry Autumn/Winter 2012 | Source: Burberry

Burberry warning sends shiver through luxury sector (Reuters) “British fashion brand Burberry issued a profit warning on Tuesday, the clearest sign yet that slowing economic growth in China and Europe’s debt crisis are bringing a boom in demand for luxury clothes and accessories to a halt.” A Leap in Volume and Length (NY Times) “The spring collections got a kick of energy as other designers also showed

…Continue Reading

Reorganising for growth, Cucinelli IPO, Digital retail tools, Reimanns unmasked, Pinvolve

| Daily Digest

Givenchy store Paris | Source: Paris.com

Luxury Goods Oust Executives With Global Economy in Flux (Business Week) “Luxury-goods makers are spring cleaning their boardrooms and ateliers. At least 14 new presidents, chief executive officers, chief financial officers and creative directors started at European companies, including Mulberry Group Plc and PPR SA in the first quarter alone.” Cashmere house Cucinelli IPO approved by Milan bourse (Reuters)

…Continue Reading

Latest Articles