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Japan, South Korea mitigate China sales slump for luxury group Burberry

Japan, South Korea mitigate China sales slump for luxury group Burberry

British luxury fashion group Burberry achieved a modest 1 per cent increase in global comparable-store sales in the third quarter, despite a plunge in Mainland China revenue.  With China’s ongoing Covi...
Creed and Robbi join forces to create limited-edition art toys for China
LVMH names new CEOs for Louis Vuitton and Dior 
Bluebell launches in Australia with two brands; more to come
Maison de Sabre launches capsule collection with Barneys New York

Luxury Archives

Louis Vuitton opens cultural and culinary destination dubbed ‘LV Dream’

Interactive components are featured throughout the space, illustrating “the highly original interpretation in constant d...

Lanvin Group to make NYSE debut this week

Lanvin will start trading on the stock exchange this week under the ticker ‘LANV’.

Prada hires former Luxottica chief Andrea Guerra as new CEO

Earlier this year he stepped down as head of the hotels division at luxury goods giant LVMH.

Swedish watches and Danish charms: How Norbreeze Group sells Scandi chic

It’s been quite the year for the Norbreeze Group as it solidified its positioning in key Southeast Asian markets. The Gr...

Louis Vuitton picks Shanghai for first furniture and homewares store

Verghese sees homewares as a good bet for Louis Vuitton, especially in China.

Gucci creative director Alessandro Michele set to depart

Gucci has been successfully revamped with a bold new style since Michele took over the top creative role there in Januar...

How Burberry’s new leadership duo can reignite the luxury brand’s spark

Burberry has lagged competitors like Gucci, Prada and Loewe in creating a sharp brand in recent years, but its new chief...

Cettire reports solid sales growth as active user count nearly doubles

The boost in sales is driven by repeat customers and active users which grew 88 per cent to 297,358.

Designer labels for 15-year-olds? New generation splashes on luxury

LVMH finance chief Jean-Jacques Guiony said last month the luxury industry was not a proxy for the general economy.

Louis Vuitton opens first store in Sydney Airport

The shop offers men's and women's ready-to-wear, shoes, and leather goods in addition to a range of accessories, watches...

Coach owner Tapestry, Ralph Lauren warn of slowing holiday season demand

Saunders said while spending has not collapsed, there has been a slight diminution of demand for higher-end accessories ...

Is luxury recession-proof? Sales in China could be a sign of what’s to come

Major luxury players such as LVMH and Kering have remained largely unscathed by inflation and fears of a looming recess...

Why Burberry and Minecraft are a match made in metaverse heaven

Launching on 1 November, the collaboration will see Burberry offer 15 downloadable skins and a capsule collection of phy...

Hermes eyes big price rises, says no sign of slowdown

The company raised prices by around 4 per cent this year and by 1.5-2 on average in previous years.

From resale to recycled steel, Swiss watches adapt for the next generation

The Swiss watch industry has been adapting to a changing landscape. Brands in this space are testing out new retail conc...