The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
1st September at 15:00 BST / 10:00am EDT
Featuring Anaheta v. Berenberg, Buying Director - Designer of Zalando, and Stefan Siegel, Founder of Not Just a Label, in conversation with BoF content strategist Alice Gividen.
This BoF Live is brought to you in partnership with Zalando Designer, a destination for luxury fashion inspiration where consumers can discover and shop both established and emerging brands that share their values. Learn more at corporate.zalando.com.
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The luxury goods maker is seeking pricing harmonisation across the globe, and adjusts prices in different markets to ensure that the company is”fair to all [its] clients everywhere,” CEO Leena Nair said.
Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a broader slowdown in demand for the sector.
The group’s flagship Prada brand grew more slowly but remained resilient in the face of a sector-wide slowdown, with retail sales up 7 percent.
The guidance was issued as the French group released first-quarter sales that confirmed forecasts for a slowdown. Weak demand in China and poor performance at flagship Gucci are weighing on the group.