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.
luxury-outlook
Emotional luxury, Sportwear rules in Paris, Authentic artisans, Luisa Via Roma's new turn, Click chicks
What will be a luxury in the future? (BBC) "The traditions of old luxury - the luxury of things - are awfully dull for new consumers. They want to be
Mining luxury in Mongolia, Surfer dudes in Paris, Made in China, Uniqlo and Jil Sander to part ways, Cardin’s world
The Luxury Frontier (WSJ) "What happens when a country previously hindered by vastness and foreign rule awakens to wealth on its doorstep? With Louis
Puig’s unique approach, Mining the mid market, Moncler delays IPO, Luxe looks strong, Todd Lynn goes to Ascot
Spain's Puig Group succeeds by swimming against the stream (FT) "Puig is an anomaly in the luxury market in a number of ways. It is the only Spanish
Luxury optimism, Long live the it bag, Hermès sells Jean Paul Gaultier stake, Prada’s naysayers, Face of the future
Luxury goods set for another record year (Reuters) "The outlook for the luxury goods market has improved significantly in recent months, boosted by a
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Innovation on the surface, Galliano crisis at Dior, Ferré expansion, Training tailors, Middle East impact
Surface Attraction (IHT) "Sculpted shapes, clean lines and modernist architecture — why is the fashion 'streamlining' of today any different from its
Old is new again, China at the fore in 2020, Investing in Italy’s jewels, A virtual fit, Cat in the hat is back
This Old Thing? Actually, It's New (NY Times) "'People used to laugh at me when I tried to sell these kinds of clothes when I started'... said Alicia
Return of big spenders, Issa’s Royal moment, Facebook commerce, Prada profits triple, Bruce Weber looks back
Big spenders returning to the luxury fold (Globe and Mail) "In the depth of the recession, Tiffany & Co. struggled to sell $3,200 diamond earrings
The future of heritage, Luring Chinese consumers, Contradictory market reports, Asos profits soar, Pugh to Pitti
Heritage Luxury: Past Becomes the Future (IHT) "The subject of heritage is red-hot because, faced with fierce global competition, brands have to
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Murky outlook, PPR beats estimates, Chanel’s US recovery, M-commerce grows at Rue La La, Theyskens and Rosen Q&A
Luxury market faces spending drought through 2020 (Luxury Daily) "The tough economy has permanently reined in the purchasing habits of the current
Bling is back, Zegna profits grow, Armani interactive, Augmented reality marketing, Chinese models rising
Bling is back (The Economist) "The strength of the recovery was a surprise.... Big brands such as Louis Vuitton and Hermès are the main winners. With
Reinventing Savile Row, Luxe boom to slow, Marc Jacobs' chinoiserie, Elite buyer reviews, Boys to men
Reinventing Savile Row (WWD) "Faced with constant pressure from the bottom end of the market, such as low-cost operations that claim to offer
Lunch with Phoebe Philo, Luxe rebound, Holiday E-commerce, American Apparel’s new hire, Campaign for wool
Lunch with the FT: Phoebe Philo (FT) "Everyone was looking at me, and competition is fiercer because of what happened with the economy, but I also
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.