
Thriving demand in China boosted sales at Birkin bag marker Hermes in the first quarter, underscoring an upbeat start to the year for some of the luxury sector’s biggest names.
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Thriving demand in China boosted sales at Birkin bag marker Hermes in the first quarter, underscoring an upbeat start to the year for some of the luxury sector’s biggest names.
French label Lemaire has decided to stage only one show per season, presenting its men’s and women's collections together. The new format will be introduced at Paris fashion week in September.
Italy’s Salvatore Ferragamo appointed Gucci executive Micaela Le Divelec as general manager on Friday, postponing selection of a new chief executive.
Hermès has overtaken Kering in terms of market capitalization on the Paris Bourse, even though its annual sales are less than one third of those of the giant luxury conglomerate.
Salvatore Ferragamo will delay the appointment of a new CEO and set up an executive management committee to steer the Italian luxury group's ongoing revamp, sources close to the matter have said.
Few Italian luxury brands have weathered the long global slowdown as well as Ermenegildo Zegna, which has just posted excellent results for 2017, despite a period of growing competition in high-end menswear.
The New York-based fashion group announced on Tuesday that Eraldo Poletto will take on the role of CEO and brand president of footwear label Stuart Weitzman, succeeding Wendy Kahn who is leaving the company.
Italian luxury brand Ferragamo has reported a stellar 30.5% surge in sales in the UK in 2017, helped by an increase in the number of tourists visiting London as a result of the pound’s decline.
The Italian luxury label was awarded the mass sum by the New York court for damages and interest pertaining to a case brought against 60 counterfeiters using 150 websites to sell fake Ferragamo products.
Salvatore Ferragamo will take the time needed to find a new chief executive to help turnaround the Italian shoemaker, its chairman said on Thursday, ruling out a sale of the company.