Luxury


Affluent Consumers Continue their Bumpy Ride to Financial Confidence: Study

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Stevens, PA—Compared to last quarter, affluent consumers in the third quarter 2014 are nearly 20% more confident in their … [Read more...]

Tod’s Surprises With Worse-Than-Expected Profit, Sales Fall

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Milan—Tod’s disappointed on Thursday with a larger-than-expected fall in first-half core profit on lower revenue, as negative … [Read more...]

Prada First Half Sales Slow as Leathergoods Sales Weaken

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Milan—After years of reporting stellar sales increases, Prada SpA today reported that sales in its first half slowed from previous … [Read more...]

Coach: China Sales Offset Falling North America Sales

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New York—After four quarters of disappointing sales, Coach Inc. today managed to beat estimates in its fourth quarter earnings … [Read more...]

Kering’s Q2 Sales Rise Despite Sharp Drop in Gucci Sales

From Yves Saint Laurent's fall ad campaign

Paris—It was a case of good news/bad news for Kering SA today as the luxurygoods conglomerate reported second quarter revenue that … [Read more...]

Fall 14 Fashion Ad Campaigns Preview: Part 2

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Ready for Fall 14 fashion? As millions of consumers wait with bated breath to worship their telephone book-sized September bibles … [Read more...]

Week in Review: Must-Know News

New York—Online shopping may be convenient, enabling consumers to shop 24/7 without worrying about finding a parking place.But … [Read more...]

LVMH First Half Profit Hit by Exchange Rates

Pre-fall look at LVMH's Fendi brand, a strong first half performer

Paris—LVMH—the world’s largest luxurygoods conglomerate—felt the sting of a “pressured” Asian market that pushed its profit and … [Read more...]

Hermès Hires New Artistic Director

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Paris—Hermès didn’t waste any time naming its new artistic director. On Monday, Christophe Lemaire, who’s been at the luxury brand … [Read more...]

Hermès Artistic Director to Depart

Christophe Lemaire

Paris—Just days after Hermès released its first quarter report—where ready-to-wear and accessories sales rose 16%--Christophe … [Read more...]

Week in Review: 10 Must Knows

Dov Charney, found and controversial leader at American Apparel

New York—Somewhat of a buying splurge has been going on in the fashion industry. Companies, some already huge such as Hanesbrands, … [Read more...]

Deloitte: Global Luxurygoods Remains Resilient, Despite Tougher Market

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New York--The world's 75 largest luxury goods companies generated luxury goods sales of $171.8 billion through the end of last … [Read more...]