In a ruddy sign of renewed health for the Italian fashion capital, Milan Fashion Week has added five new noted houses to its official calendar, which was released Friday afternoon by the Camera della Moda.
Peter Pilotto, one of London Fashion Week’s most happening houses, will stage its next runway show in Milan this autumn, making its Italian debut in the storied Teatro Manzoni on Wednesday, September 18.
Kering’s main Gucci brand, which set a high bar for luxury goods rivals during several years of explosive growth, posted a slower-than-expected rise in second-quarter sales on Thursday, hit by a blip in the U.S.
LuisaViaRoma, Florence’s leading fashion boutique and Italy’s fastest growing luxury e-tailer, is teaming up again with the United Nations Children’s Fund (UNICEF) this summer with a major event in Sardinia this August.
Luxury goods group LVMH on Wednesday posted better-than-expected second quarter revenue, lifted by accelerating momentum in its fashion and handbag division that houses its Louis Vuitton and Christian Dior megabrands.
Middle Eastern tourists are expected to boost UK luxury retail this summer with a particular interest in British brands. That’s according to Global Blue, which predicted a 16% rise in transactions by Gulf visitors.
The Spanish jewellery brand said consolidated net profit surged by 120% to 27.3 million euros last year, although the comparative period was hit by natural disasters and unfavourable currency fluctuations.
The first set of results from Watches of Switzerland since the company's May IPO have shown just what attracted investors to the business. Pre-tax profit surged and its revenues rose in high double-digits last year.