UK fashion thanks Italian manufacturing, and Burberry gives thanks to the Italian tanning segment: Without the help of manufacturers based in Italy, her majesty’s fashion industry could not achieve the sustainability goals it has set for itself. This is what emerged from “UK-Italy: Lezioni di Moda Sostenibile” (Teachings for sustainable fashion), conference that is organized […]
Burberry made big plans around its promotional campaign celebrating the upcoming Chinese New Year. The project was handled by Ethan James Green, photographer with a successful track-record in the fashion industry: he has already curated photoshoots for Fendi and AlexanderMcQueen, for example. Moreover, Burberry, to capture the attention of Chinese consumers, hired Zhao Whei and […]
Gilet jaunes in revolt are seriously affecting (again) French tourism shopping. As reported by some French sources of information, 30 luxury boutiques (among which Burberry, Chanel and Dior), located near the Champs Elysées, have been assaulted and robbed. In particular, Dior’s store, based at 52, Avenue des Champs Elysées, has been devastated: the French fashion […]
Burberry are hanging in the balance between online, offline and bags. According to Chinese sources of information, since his appointment (in July 2017) chief executive officer Marco Gobbetti has reportedly visited all the stores, 498 of them, self-run by Burberry worldwide, to subsequently select the ones to be closed. Over the last 12 months, they […]
Chanel are supposedly about to raise by 6%, on a worldwide scale, starting from next 1 November, the price of three bag models: Timeless Classic, Boy Chanel and 2,55. The brand’s decision has been reported by Chinese Jing Daily, while publishing, to support the news, the screenshot of a mail, which dates to 17 October. […]
THE MARKET CONFIRMS ITS TANTRUM-THROWING ATTITUDE AN PROVES INNOVATION TO BE AND EVOLUTION AND CULTURAL INPUT. THE CONCRETENESS OF STYLISTIC TRENDS FOR WINTER 19/20 IS SHOWN AND THE CAPACITY TO CREATE “IDEAL OPPORTUNITIES TO COMPARE THE NETWORK” ISN’T MISSING. WELCOME TO MOST INTERNATIONAL AND DYNAMIC BUSINESS SHOW FOR THE SUPPLYING SEGMENT OF THE FASHION AND LUXURY INDUSTRY
On the same day of the publication of a rather positive quarterly report (business expansion went beyond expectations actually), LVMH stock dropped, at the Stock Exchange, by 7.14%. For the records, the French giant was not the only one collapsing: in fact, at the same time Kering declined by 9.62%, Hermès by 5%, Burberry by […]
The 19th edition of Best Global Brands, a ranking list of the 100 richest global brands, drafted by Interbrand, has been highlighting indeed luxury and retail. “All Italian brands, which have been listed in the survey, are expanding; some of them, such as Gucci, are actually speeding up”, points out Lidi Grimaldi (Italy executive director […]
“We have a small-time role”. As to say that “we aren’t the ones that can make the difference on the matter”, answered Axel Dumas, ceo of Hermés, to the ones asking him what his brand’s plans were with regards to using fur: does he want to follow Burberry’s recent choice? Les Echoes, recalling the statement, […]
Following Louis Vuitton and Gucci, Burberry also cut retail prices of apparel and bags in China, knocking them down by around 4% on average. “Burberry is a great deal supporting China’s government decision to reduce customs duties on import of luxury goods and commodities in China. The government’s commitment is clearly positive for consumers. In […]
In the first quarter of the financial year (from April to June), sales have been increasing by 3%: overall revenues have reached 479 million pounds (they amounted to 478 million pounds one year ago). According to Burberry’s business reports, such successful performance mostly depends on a wider product supply along with a profitable collaboration with […]
First Louis Vuitton, then Gucci and Burberry now. Following China’s decision to cut (since July 1st) import customs duties on 1,449 categories of items, including luxury, fashion, beauty make-up and other industries, the fashion house, led by Marco Bizzarri and Alessandro Michele, also decided to knock down the prices of some accessories that are currently […]
Tuscany’s leather goods district is going to reinforce its leading role in high-end manufacturing. Following Kering, LVMH, Burberry and several other fashion brands, supposedly Richemont are also going to relocate their industrial development, as well as most of the work processes related to accessories production, in the area based between Florence and Scandicci. Allegedly, such […]
In the market, outcomes look more and more oriented. On the one hand, some fashion brands, such as Moncler, Hermès and Brunello Cucinelli, keep speeding up; some more, such as Ralph Lauren and Burberry in example given, have just joined the leading group, after a while, thanks to rewarding performances. Savigny Luxury Index has provided […]
Burberry’s financial statements, closed on March 31, went beyond expectations a great deal: adjusted profits increased by 5%, going up to 467 million pounds, therefore going better than expected (453 million pounds). In the same period, operating profits increased by 4%, going up to 410 million pounds, and net profits went up to 294 million […]
Immediately after their first appearance on Tmall, the most popular Chinese e-commerce website that belongs to Alibaba group, Saint Laurent have been booming. Last Friday 20 April, while being online, in the early 14 hours Chinese buyers spent over 30 million yuans (around 4 million euros). At the end of the day, online shopping on […]
E-commerce and younger consumers are bound to drive the business expansion of the luxury fashion industry in the next years, until 2025. Such is the forecast provided by Goldman Sachs, as the American investment bank expects luxury turnover to increase considerably in the next seven years: +60 billion euros. Most of all, booming online sales […]
In 2018, Burberry’s turnover will line up with the previous year financial statements. Things are going to change in 2019, since revenues are expected to increase by 15%. Most of all, earnings will supposedly go up, in double figures, in the 2020-2021 two-year period. The Italian team, composed by chief executive officer Gobbetti and creative […]
If you decide to entrust a Far East contractor with your work, in 2018, you may still get a nasty surprise. That is the way it is. At Panyu Shimen Handbag, a South Korean factory located in Guangzhou, female workers have been on strike since March 5 “because they have been paid no minimum wage […]
“I really feel honoured and happy to join Burberry as their new creative director; as well, I happily meet up with Marco Gobbetti again. I deeply look up to Burberry’s British heritage, and their appealing charm, widespread all over the world: I am really impressed by the potential of this amazing brand”. Such are the […]
