Louis Vuitton owner LVMH on Wednesday reported better-than-expected revenue growth for the third quarter, in spite of months of unrest in Hong Kong that have put off tourists and forced luxury labels to shut stores.
Discussions on permitting the suspension of 126 job cuts, announced in summer, at the luxury lingerie manufacturer La Perla are ongoing, the Italian Ministry of Economic Development announced on Tuesday.
FashionNetwork.com visited the European offices of the US sportswear giant to find out about its plans for Europe, where, hit by the ‘yellow vest’ protests in France, it is concentrating on London and Milan.
Tom Tailor’s refinancing negotiations seem to be finally entering their final stage, with the troubled chain announcing on Wednesday it has reached an agreement with its lenders and majority shareholder.
Boss has overhauled its Parisian flagship on the Champs-Elysées, adopting a new interiors concept. After over six months of renovation work, the German label now has a 1,226 m2 showcase mixing design and digital tech.
The Dutch fashion brand, which set up a subsidiary in the country in 2015, has put Emmanuel Galle in charge of the French market. Galle had been running the business of Hackett London in France since 2015.
A South Korean boycott of Japanese goods is seen dragging down sales at Fast Retailing Co Ltd’s Uniqlo stores, denting otherwise strong financial results due to be announced on Thursday, analysts said.
Positive Luxury, which seeks to connect luxury brands and people who care about sustainability, has began operating in France in the US and will host a series of events in Paris, New York and London next week.