Italian handbag maker Furla plans to more than double sales in the next five years, stepping up investment in new shops as it taps consumers’ growing appetite for accessible luxury goods.
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.
L’Wren Scott: ‘No clothes fitted – that’s why I started to make them’ (Telegraph) “Since 2006, she has built up a highly regarded fashion business. Her red-carpet dresses – often flattering sheaths that undulate reassuringly along with their wearer – are cherished by Nicole Kidman, Sarah Jessica Parker, Christina Hendricks and Penélope Cruz.” LVMH to Adjust Vuitton
LONDON, United Kingdom — This Great Recession has proven difficult for many fashion companies positioned ‘in the middle.’ Between the ultra-luxe brands like Hermès and Louis Vuitton (whose performance has continued to impress, despite the downturn) and the mass-market miracles like American Apparel and Uniqlo (who are also outperforming the market), are aspirational luxury brands like Coach, who recently reported that