The Savigny Luxury Index (“SLI”) leaped by 3.5 percent last month, as the feel-good factor returned to the luxury sector, underpinned by strong results announcements and positive market reaction to repositioning strategies.
MILAN, Italy — Italian fashion and leather brand Gucci will take direct control of its shops in Moscow and open two new points of sale in the Russian capital, the company said on Monday.
PARIS, France — Gucci owner Kering SA will consider acquiring sports and lifestyle brands in three years, as it assesses the performance of its Puma brand, Chief Executive Officer Francois-Henri Pinault said.
KARIBA, Zimbabwe — Crocodiles are some of the most feared predators in Africa, ruthless reptiles renowned for tearing their prey to pieces before swallowing hunks of meat raw.
BoF founder and editor-in-chief Imran Amed looks back at the Autumn/Winter 2014 season.
SHANGHAI, China — As Chinese shoppers get better acquainted with so- called accessible luxury brands, they’re discovering a designer wardrobe doesn’t have to cost them months of pay.
PARIS, France — Kering SA reported a 2.3 percent drop in 2013 earnings amid the weakest growth in four years at the Gucci luxury-goods brand.
Uncertain expectations over Christmas trading amidst mixed retail signals led many institutional investors to take their profit before closing their books at year-end. Meanwhile, the travel retail channel continues to surge and M&A activity remains buoyant, reports Pierre Mallevays of Savigny Partners.
Fresh from a circuit of Beijing, Shanghai and Hong Kong, Imran Amed shares his first-hand observations on China’s fast-changing fashion market.
The Savigny Luxury Index lost ground in October, as consumer appetite for mega-brands continues to cool and management changes shake up the industry.