The Savigny Luxury Index lost ground in October, as consumer appetite for mega-brands continues to cool and management changes shake up the industry.
LONDON, United Kingdom — Despite a string of positive results announcements, the Savigny Luxury Index (“SLI”) lost 0.9 percent in August, nevertheless outperforming the MSCI World Index (“MSCI”) by close to one percentage point, as markets shuddered at the prospect of foreign intervention in the Syrian conflict.
Amidst a fast-growing global menswear market, luxury brands from Dolce & Gabbana to Jimmy Choo are launching men’s only flagships with a host of leisure-inflected experiential elements.
Against Italy’s gloomy economic backdrop, several Italian luxury brands are dedicating resources to restore monuments, preserve the country’s cultural heritage and offer social support.
MILAN, Italy — Tod’s SpA reported a 7.6 percent increase in 2012 earnings and said initial results were “positive” in 2013, cut wholesale distribution in Italy by about 20 percent last year to reduce exposure to Europe’s fourth-largest economy, which is mired in recession.
LONDON, United Kingdom — The Savigny Luxury Index (“SLI”) gained 2.7 percent in February, underperforming the MSCI World Index (“MSCI”) by over one percentage point. The SLI lost ground at the beginning of the month following the questions raised on sector growth by LVMH’s annual results announcement. Big news • Most analysts felt that LVMH’s organic growth numbers for 2012 were a bit lower than expected. This, combined with Mr.
Today, Tod’s announced the appointment of Alessandra Facchinetti as creative director of its women’s collections. In a statement, the company's president, Diego Della Valle, cited the designer’s “passion for detail and dedication to the research of materials and manufacturing” as the reasons behind the move.