The Savigny Luxury Index regained some of the ground it had lost over June and July, increasing by 2.2 percent in August on the back of positive results announcements. The MSCI World Index also gained 2.2 percent as the debate over US interest rate rise rumbles on.
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Amazon.com Inc. is giving special privileges to companies that sell their wares directly through its online store, according to a new study.
In our next instalment of Cover Stories, we explore the legacy of Mr Ralph Lauren — head of America’s first fashion family and the cover star of Port magazine’s Summer 2014 issue — and the inevitable question that every founder-led company faces: how to plan for succession, that ultimate changing of the guard?
The Savigny Luxury Index continued its upward ascent gaining over two percent this month, driven by positive newsflow and reassured prospects for the Chinese economy.
NEW YORK, United States — A weak sales outlook overshadowed strong fourth-quarter and annual earnings at Ralph Lauren, sending shares down almost 6 percent at the open to a new low for the past year.
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.
NEW YORK, United States — Designer clothing company Ralph Lauren Corp reported a 10 percent rise in third-quarter profit, helped by higher sales at its own stores, sending its shares up 8 percent in premarket trading.
Investors are moving away from bigger groups towards smaller brands and American “affordable luxury.” Meanwhile, the jury is still out as to whether the crucial trading period from Thanksgiving to Christmas will deliver strong results, but sentiment remains positive, reports Pierre Mallevays of Savigny Partners.
LONDON, United Kingdom — Today, BoF brings you the next instalment of “When They Were Kids,” a cartoon series depicting fashion figures as children, created by our friend Fashion Cartoonist.