Hints and tips:
Related Special Reports
...Miuccia Prada, the founding family’s scion and co-creative director of the brand, has long been interested in art as a tool to reflect on the world, and has sought to interpret her ideological concepts through...
...She added that consumers could shop for bags at different retailers and on numerous websites....
...Will Lina Khan be left holding the bag? On Monday, the US Federal Trade Commission sued to block Tapestry’s $8.5bn acquisition of rival Capri Holdings. The pair are best known for their handbag brands....
...Strong demand for its exclusive handbags drove revenues at French luxury group Hermès up by 17 per cent in the first three months of 2024, defying a wider slowdown in luxury sales....
...How brands are navigating the more restrained mood among Chinese shoppers, particularly aspirational ones, is being closely watched by investors worried about the outlook for a market that drove luxury growth...
...Can the UK become a more competitive manufacturing location for luxury fashion brands?...
...That wariness among some luxury brands left an opening for businesses such as Farfetch, Matchesfashion and Net-a-Porter....
...Italian luxury outerwear brand Moncler also expects to put up prices in the mid single digits this year. However, both brands are playing catch-up compared with peers....
...The glossy Condé Nast title has a list of more than 40 must-have bags for the “accessible” set. Just one bag from the two companies made the list....
...Historically, high-end designer brands have been the ones that have had to fight off replicas from China....
...French luxury group LVMH is venturing into the world of Hollywood entertainment as it seeks to market the group’s 75 brands through movies and television....
...,” says co-founder Andy Moller....
...And yet the bag has become one of the hottest accessories in recent fashion weeks: more than 20 of its iterations are currently sold out on the brand’s ecommerce site and searches are up 198 per cent year...
...Prosper Assouline, co-founder of publishing house Assouline, which specialises in producing coffee-table books favoured by luxury brands, says books are a form of advertising....
...Less prevalent was the D motif, which has been a major brand signifier in previous seasons, appearing on clothing and accessories, such as its top-selling 1DR bag, for which a dedicated store in Milan opened...
...Stella McCartney, who has refused to use animal leather in her designs since founding her brand back in 2001, has created a collection of sleek crocodile-effect bags made from a partly bio-based material...
...LVMH this week reported lower demand for designer bags and champagne in the first quarter, its weakest since the pandemic recovery supercharged luxury sales in early 2021....
...Analysts expect the performance gap between the market’s elite brands and those favoured by aspirational buyers, who helped drive a multiyear luxury boom but are now retreating under pressure from inflation...
...The report attributed Hermès’ growth to factors such as increased desirability of the brand and watches providing “a gateway” to its sought-after bags, including the Birkin....
...But it is more painful for smaller brands — which might explain why Kering’s real estate strategy also involves finding co-investors to limit the total capital involved....
...The company continues to manufacture products for the L’Occitane brand at its home base in Manosque, in France’s Provence region, but has been listed in Hong Kong since 2010....
...It is solely a reflection of that brand’s desirability. In the broad scheme of things, bag makers that can charge more today should also be able to charge more tomorrow....
...Italian luxury bag and shoemaker Tod’s plans to go private in a deal with LVMH-backed private equity firm L Catterton, ending more than two decades as a public company on the Milan stock exchange....
...When Chopard co-president Karl-Friedrich Scheufele was curating the brand’s watch museum, he found himself admiring a style of engraving on the movements of its 19th-century pocket watches....
...Its brands have become so desirable that sales growth comes not so much from volumes but from customers trading up....
International Edition