Chinese Tourists Are Again Embracing International Travel
The return of China’s travellers has long been awaited in the travel industry, which is expected to surpass pre-pandemic levels this year by contributing $11.1 trillion to the global economy.
Stefano Sassi
Why Luxury Brands Are Raising Prices in a Pandemic
Top-tier brands like Chanel and Louis Vuitton are hiking prices in what looks like a bid to pad margins, cushion the impact of lower sales volumes and capitalise on the China rebound.
Power Moves | Valentino Appoints CEO, Vice Names Chief People Officer
This week, Valentino appoints a former Gucci star merchandiser to CEO, while Vice hires an HR veteran to lead the team.
Can a New Chief Bring Commercial Magic Back to Valentino?
Star merchandiser Jacopo Venturini, who most recently played a pivotal role in the blockbuster success of Gucci, starts in the new role on June 1.
Did Tom Ford Betray New York Fashion Week? Not So Fast.
The CFDA chairman’s decision to do what’s best for his label and show in Los Angeles may spark the ‘creative destruction’ that American fashion needs in order to progress.
Power Moves | Moda Operandi Names COO, Valentino Appoints CCO
This week, Moda Operandi hires a former Condé Nast executive for chief operating officer, while Valentino taps its first chief commercial officer from Fendi.
Valentino CEO Says Mayhoola Is Long Term Shareholder
Stefano Sassi does not rule out further expansion of the group.
Power Moves | Karla Otto Announces Co-CEOs, Valentino Names Chief Brand Officer
This week, Karla Otto is succeeded at her eponymous PR label by co-CEOs, while Valentino appoints its first chief brand officer.
Valentino Revenue Growth Slowed in 2018
The Italian group's revenues totalled around €1.2 billion ($1.36 billion) last year, said chief executive Stefano Sassi.
Valentino’s Plan to Level Up
Can the Italian label turn Pierpaolo Piccioli’s creative acclaim into commercial success and boost its single-digit growth? Chief executive Stefano Sassi shares his strategy.
Luxury
Mayhoola: Inside the Secretive Qatari Luxury Empire
In less than a decade, the investment vehicle backed by the Qatari royal family has built an impressive stable of luxury brands that now includes Valentino and Balmain. Could it become a rival to LVMH and Kering, or will political unrest hold back its ascent?
Mayhoola: Inside the Secretive Qatari Luxury Empire
In less than a decade, the investment vehicle backed by the Qatari royal family has built an impressive stable of luxury brands that now includes Valentino and Balmain. Could it become a rival to LVMH and Kering, or will political unrest hold back its ascent?
Report: Valentino to List 25 Percent of Company
The Italian fashion house's Qatari owner plans to sell around a quarter of the company in an IPO, which will not take place before the second half of 2018, according to a source close to the matter.
Why Victoria's Secret Is Waning
With its annual fashion show extravaganza, Victoria’s Secret has devised a powerful formula for uniting content and commerce. But its image is increasingly out of sync with consumers in the world's largest markets.
Company Snapshot
He restored profitability and increased growth at the famed Italian brand by streamlining operations and focusing on store retail.
The News in Brief
Playground Closes $2 Million in Funding Round
The intimate wellness brand completed its first institutional raise after seeing 700 percent revenue growth and is launching in Target.
Galderma Sales Top $1 Billion, Led by Injectables
The public company reported strong sales, as demand for its dermatological skincare and injectable products surged.
EU Parliament Approves Ban of Products Made With Forced Labour
The European Parliament approved rules on Tuesday to ban in the EU the sale, import and export of goods made using forced labour.
Unilever India Is Losing Foreign Shareholders on High Valuations
Global investors have cut holdings of Hindustan Unilever Ltd. to a four-year low as the company grapples with weak consumer demand and rising competition.
LVMH Prize Names Finalists, Adds Phoebe Philo and Pharrell Williams to Jury
On Sept. 10 the eight designers will present their collections at the Louis Vuitton Foundation in Paris.
Valentino’s Full-Year Sales Fall 3 Percent
The results help to explain owner Mayhoola’s decision to shake up the brand’s aesthetic direction by hiring former Gucci designer Alessandro Michele.
TikTok’s Crackdown on Ozempic Influencers Threatens Weight-Loss Drug Hype Machine
The social media platform will effectively ban most weight loss-related content from appearing on its app starting next month, according to a sweeping new set of community guidelines published on its website last week.