A way to do one’s duty towards the planet and society and, at the same time, anticipate science’s own times. This is how Marco Bizzarri explains Gucci Equilibrium, the platform launched in 2018 by the Florentine brand and now updated with new communication tools and purposes. “Last year, when we decided to make a radical […]
The deadline, set by mid-July, is approaching. As time goes by, Brooks Brothers are at a crossroads now: either they find a buyer who is willing to purchase the three factories they manage in the United States, or they will have to shut them down. The New York Times has depicted such scenario for the […]
We can call it the effect of Coronavirus on brand accounts. Mulberry cuts over 450 employees in the cost reduction plan. The British brand says that it will dismiss a quarter of its workforce: calculator in hand, it means about 474 people. “An incredibly difficult decision,” said CEO Thierry Andretta, who remains confident about the […]
First McLaren and Aston Martin, now Bentley is firing too. The British automaker could be ready to cut 1,000 jobs because of the difficulties Coronavirus has produced. For the British luxury automotive, the last 30 days have been a real nightmare. Before Bentley, McLaren and Aston Martin announced cuts. Bentley fires The first to report […]
At the base of everything there is a misunderstanding, because at some point the idea that “the best day of Hermès sales would have been the trend” was affirmed. Two months after the French designer’s exploit in Guangzhou, the New York Times returns to the subject. Explaining that expectations on revenge spending will be disappointed....
Maria Grazia Chiuri is the creative director of Dior. Ralph Toledano is (among other things) president of the French federation of Haute Couture et de la Mode. Parallel careers in luxury that, today, converge to one point: fashion shows will return. The two are watching carefully the digital turn that the Coronavirus pandemic has given […]
A moment awaited since 1998. Dolce & Gabbana returns to Camera Nazionale della Moda Italiana and plans a fashion show for July 15th, during the digital fashion week. The choice has a political value, claim Domenico Dolce and Stefano Gabbana. It serves to support the Italian supply chain and its craftsmen. “It’s time to team […]
Premium, Seek and Neonyt say goodbye to Berlin and move to Frankfurt. At this time, the program of Germany’s capital still includes Mercedes-Benz Fashion Week, but there is a chance the city will be left out, given the difficulties of Panorama as well. Meanwhile, in Russia, CPM Moscow will skip this upcoming September edition because […]
To say that we see the light at the bottom of the tunnel, given numbers and projections, is still not possible. But the new consumer guidelines are defined. McKinsey draws up the profile of the luxury client now that Coronavirus has burst into our lives. The public, analysts say, will be more cautious and smart […]
Resumption of consumption in progress. And budget holes less deep than initially feared. So say Capri Holdings and Wolverine: CRV does less damage than expected. In fact, right after the reopening of stores, sales are gradually getting back to last year standards, considerably driven by online sales, whose support is undoubtedly more and more relevant. […]
They have been talking a great deal, for some time now, about stability fashion is supposed to find following Coronavirus shocking emergency. Off-White have been speeding up. In fact, the cult brand has illustrated a plan to make closer fashion presentations and collections delivery: the aim is to optimize the relationship between creativity and sales […]
Kitson is an American brand of fashion and lifestyle. It was preparing on June 1st for the complete reopening of his Los Angeles store on Robertson Boulevard. After lockdown, the long-awaited return to normal. Too bad that just the weekend before the opening that same store was stormed by rioters inflaming the States: “They stole […]
The president of Assopellettieri is not surprised: “We had prepared ourselves for difficult numbers and here they are”. Franco Gabbrielli refers to the comparison between the data of the latest survey by Confindustria Moda with those of surveys carried out among its associates. The result says that in the first quarter of 2020 37% of...
“We are all guilty: we pushed everyone too hard, imposing ourselves too fast on the system, without leaving the public time to really appreciate the proposals”. Vogue editor-in-chief Anne Wintour’s comment includes an act of contrition. But this does not obscure the meaning of his message: luxury has to slow down. Now that the Coronavirus […]
It is a good thing that designers and professionals discuss the physiognomy that fashion intends to assume in the Coronavirus era. “I believe in freedom – comments Carlo Capasa, president of Camera Nazionale della Moda Italiana (the National Chamber of Italian Fashion) -: this is why we should expect the world to be fluid, and […]
The Coronavirus pandemic will leave a legacy to the sector, it is inevitable. In part, the consequences of the virus will be seen in the numbers: and CHANEL has already forecasted a -15/-20% for the year at the end of March. But even stronger will be the effect on the identity of the top of […]
What about big brands? Well, they have shoulders wide enough to handle the Coronavirus hit. Manufacturers of luxury goods, on the other hand, are in crisis: that’s the Made-In-Italy cluster, made of micro, small and medium companies that supply global luxury brands. They are the ones at risk. According to Bain & Co. total turnover […]
“A no-Deal Brexit? Let’s not. I would prefer negotiations carried on. But the sides should change behavior from what they have done before: childish”. That’s what Richard Utting, export manager at Loake, footwear company based in Kettering, Northamptonshire that is celebrating 140 years of history. “A no-Deal Brexit? Let’s not” Brexit is once again a...
While spotlighting the trend, we may talk, to begin with, about a spin involving Gucci and Bottega Veneta, that is, two fashion brands of Kering group. The former has been, for a long while, a top performer, with regard to earnings, and the flagship brand for high-end trend, though contaminated by casual style: now its...
London and New York join the chorus of those who ask to transform the pandemic into an opportunity. BFC and CFDA, that is, the fashion organisations of Great Britain and the United States, signed an appeal aimed at quality and slowness: the fashion system should take advantage of themes created by Coronavirus to abandon fast […]
