Ferragamo CEO Sees Improved Growth Outlook, Upbeat On China

Shopping at Salvatore Ferragamo | Source: Reuters

MILAN, Italy — Italian luxury leather goods maker Salvatore Ferragamo expects group results to improve in the second half of 2014 from the first six months on the back of strong demand in China and in global travel retail, its chief executive said on Sunday.

…Continue Reading

Luxury in China Loses Lustre as Wealthy Flee

Dior store in Beijing | Source: Shutterstock

HONG KONG, China — Wealthy Chinese are likely to buy fewer luxury goods again this year after the steepest cut-back on spending in at least five years, changing the game for high-end retailers like Louis Vuitton which have staked their growth on China.

…Continue Reading

The China Edit | Modelling Life, Fast Retailing’s Asia Growth, Tourists Boost Ferragamo, L’Oréal

Li Bing Bing for L'Oréal campaign | Photo: Chen Man for L'Oréal

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.

…Continue Reading

Chinese Shoppers Abroad to Boost Ferragamo’s 2014 Sales

From the "Salvatore Ferragamo: Evolving Legend" exhibit at MoCA Shanghai | Source: Flickr

MILAN, Italy — Travelling Chinese shoppers snapping up leather goods will drive sales growth in 2014 at luxury group Salvatore Ferragamo, its chief executive said on Sunday, before it showed a menswear collection aimed at promoting its Italian heritage.

…Continue Reading

Market Pulse | Giving Thanks?

Savigny Luxury Index November 2013 | Source: Savigny Partners

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.

…Continue Reading

The China Edit | China’s Flux, E-Commerce Opportunity, Mainland Multi-Brand Stores, Salvatore Ferragamo

From the "Salvatore Ferragamo: Evolving Legend" exhibit at MoCA Shanghai | Source: Flickr

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.

…Continue Reading

Top 10 Fashion Films of the Season

This season, brands embraced strong scripts, serious acting talent and heavy-hitting directors like never before, resulting in a crop of winning fashion films largely driven by the kind of compelling storytelling long missing from the genre. Sit back, relax and enjoy BoF’s Top 10 Fashion Films of the Season.

…Continue Reading

Photo Diary | Milan Men’s Fashion Week, Days 1-2: Jil Sander, Versace, Bottega Veneta, Calvin Klein, Prada

MILAN, Italy — Today our contributing photographer Sonny Vandevelde files backstage imagery from the Jil Sander, Versace, Bottega Veneta, Salvatore Ferragamo, Calvin Klein, Vivienne Westwood, Prada and Moncler shows, held on days one and two of Milan men's fashion week.

…Continue Reading