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...Given how large luxury has become, that is a remarkable result in and of itself. camilla.palladino@ft.com...
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...Seen in this light, the push to secure prime real estate is essentially a round of beggar thy neighbour for luxury companies....
...of ubiquity for a mass luxury brand....
...For many smaller brands stocked by Matches, the collapse of the business has been a blow....
...The sector-specific Stoxx Luxury 10, which has outperformed the broader market for much of this year, rose 2.5 per cent....
...role of signalling in the South Korean luxury car market....
...Sales at the Paris-based group’s fashion and leather goods division, a global bellwether for personal luxury goods, grew 2 per cent on an organic basis to €10.5bn in the first three months of this year....
...The phenomenon has been driven by social media, which has raised the profile of watches as status symbols, the comparative ease with which they can be stolen and a recent boom in the pre-owned market....
...“I realised I can be who I am doing what I love the most, which is being a symbol of hope.”...
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...Paris-based LVMH reported its weakest growth in quarterly sales since the post-pandemic recovery supercharged luxury revenues at the start of 2021....
...Last month Kering issued a profit warning alerting investors to its deteriorating sales, a rarity in the luxury sector where solid growth and margin gains have been the norm among rivals including LVMH and...
...Gucci owner Kering had the biggest one-day drop in the index with shares falling 11.9 per cent after the group issued a rare profit warning amid fears of a slowdown in Asia....
...In 2015, after much research and development, the workshop swapped the white enamel for gold paste enamel, creating a moody gold-and-black palette....
...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....
...One fewer handbag maker will be negative for everyone other than shareholders of the acquirer. But to make its case, the FTC defines a specific market of “accessible luxury.”...
...rose to evoke a metallic gold ‘accord’ — a mix of ingredients used to create a unique scent....
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...The luxury industry has been hit by a slowdown as a pandemic-era shopping boom comes to an end....
...Worse still, the group blamed the slump on the all-important Asia-Pacific consumer, the health of which keeps sector investors up at night. That’s given rise to a predictable slew of luxury concerns....
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