Ferragamo Sales Down 17% in First Quarter
Revenues totalled 227 million euros ($244.5 million), below analyst expectations of 237 million euros according a LSEG consensus.
How the American ‘accessible luxury’ group Tapestry can capitalise on its newly acquired brands and more from BoF’s Imran Amed.
Like Yves Saint Laurent, Alexander McQueen and Gianni Versace before him, the late Virgil Abloh leaves a powerful legacy. What does this mean for Off-White and Louis Vuitton?
Turbulence and trauma gave rise to Yves Saint Laurent, Giorgio Armani, Karl Lagerfeld, Gianni Versace and more. It could happen again, argues Michael Coady, former editor-in-chief of Women’s Wear Daily and CEO of Fairchild Publications.
Turbulence and trauma gave rise to Yves Saint Laurent, Giorgio Armani, Karl Lagerfeld, Gianni Versace and more. It could happen again, argues Michael Coady, former editor-in-chief of Women’s Wear Daily and CEO of Fairchild Publications.
On July 6, 1997, Gianni Versace showed his new Haute Couture collection at the Ritz in Paris. Nine days later, he was shot dead. The tragic irony was that, even without the events of a week later, Versace’s show felt significant, like we were seeing a bold new direction in the career of a designer who had already reshaped fashion in the 90s.
On July 6, 1997, Gianni Versace showed his new Haute Couture collection at the Ritz in Paris. Nine days later, he was shot dead. The tragic irony was that, even without the events of a week later, Versace’s show felt significant, like we were seeing a bold new direction in the career of a designer who had already reshaped fashion in the 90s.
The Metropolitan Museum of Art’s large-scale, Gucci-backed show on Camp may be pushing the inherently subcultural sensibility closer to extinction, argues Eugene Rabkin.
The nine-part series stars Spanish actress Penelope Cruz and premieres next week.
Revenues totalled 227 million euros ($244.5 million), below analyst expectations of 237 million euros according a LSEG consensus.
Researchers have expressed concerned that AI-generated content could be used as misinformation in an attempt to interfere with US elections this fall.
Sticky inflation has forced shoppers in various categories to trade down to more affordable products.
The company’s net sales came in at $1.48 billion in the quarter ended March 30, compared to analysts’ average estimate of $1.50 billion, according to LSEG data.
Warby Parker’s revenue jumped 16 percent year over year to $200 million in the first quarter of the year as other brands in the sector struggle to grow sales. The eyewear seller expects full year sales to climb as much as 13 percent to $761 million in 2024.
New analysis shows that 162,000 tourists from outside the European Union sought refunds on VAT — a sales tax — exclusively in Britain in 2019. One fifth of those tourists are now claiming rebates in other parts of the EU, where the tax break still applies.
Fabiola Torres, who has also held leadership roles at Nike and Apple, will oversee the group's marketing, merchandising and store experience functions.
The company is anticipating further sales slumps this year. Its revenue will likely drop as much as 25 percent year over year to $190 million in 2024.