Burberry's turnaround was always going to be an uphill battle. Now, as the pandemic thwarts the company's plans to reinvigorate top-line growth this year, Marco Gobbetti is betting that a digital edge with Asia's Millennial and Gen-Z clients will pay off.
Burberry's turnaround was always going to be an uphill battle. Now, as the pandemic thwarts the company's plans to reinvigorate top-line growth this year, Marco Gobbetti is betting that a digital edge with Asia's Millennial and Gen-Z clients will pay off.
Brands need to investigate how consumer debt will impact their recovery plans in the world’s largest luxury market. While some experts downplay concerns, others believe it could throw a spanner in the works.
Brands need to investigate how consumer debt will impact their recovery plans in the world’s largest luxury market. While some experts downplay concerns, others believe it could throw a spanner in the works.
Next year, fashion players need to swap platitudes and promotional noise for meaningful action and regulatory compliance while facing up to consumer demand for transformational change.
Next year, fashion players need to swap platitudes and promotional noise for meaningful action and regulatory compliance while facing up to consumer demand for transformational change.
"In the face of Brexit, the housing crisis, mounting student debt and being called snowflakes, wearing kitschy, unserious pieces is the ultimate
"In the face of Brexit, the housing crisis, mounting student debt and being called snowflakes, wearing kitschy, unserious pieces is the ultimate
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Beyond goods, services and experiences, freedom will become the ultimate signifier of status.
Beyond goods, services and experiences, freedom will become the ultimate signifier of status.
Filling a gap between credit cards and store credit, buy-now-pay-later start-ups are increasingly popular with millennials but they are not without risk.
Filling a gap between credit cards and store credit, buy-now-pay-later start-ups are increasingly popular with millennials but they are not without risk.
C Ventures founders Adrian Cheng and Clive Ng led a Series E+ investment round in one of China’s most influential streetwear platforms.
C Ventures founders Adrian Cheng and Clive Ng led a Series E+ investment round in one of China’s most influential streetwear platforms.
Eighteen to 35 year olds contributed 85 percent of luxury growth last year, finds a new report by UBS.
Eighteen to 35 year olds contributed 85 percent of luxury growth last year, finds a new report by UBS.
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The rise of selfie culture has turbo-charged desire for luxury goods. Now, cultural shifts are putting these products in the hands of untold millions, giving brands much to smile about.
The rise of selfie culture has turbo-charged desire for luxury goods. Now, cultural shifts are putting these products in the hands of untold millions, giving brands much to smile about.
A new Goldman Sachs report with Condé Nast highlights millennial shoppers' top 10 favourite brands.
A new Goldman Sachs report with Condé Nast highlights millennial shoppers' top 10 favourite brands.
Luxury sneakers are the ultimate status symbols for a new generation of consumers. Now brands like Balenciaga, Versace and Gucci are upping their game.
Luxury sneakers are the ultimate status symbols for a new generation of consumers. Now brands like Balenciaga, Versace and Gucci are upping their game.
Luxury labels like Gucci and Balenciaga — whose $1,300 'T-Shirt Shirt' spawned countless memes this week — are pulling away from the pack. When was the last time a Gap t-shirt generated that kind of traction on Instagram?
Luxury labels like Gucci and Balenciaga — whose $1,300 'T-Shirt Shirt' spawned countless memes this week — are pulling away from the pack. When was the last time a Gap t-shirt generated that kind of traction on Instagram?
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.
The retailer said it was accounting for the 15 percent tariff announced by US president Donald Trump after the Supreme Court struck down most of his earlier tariffs.
Melissa Sperau, formerly of Shiseido, will join the US prestige cosmetics maker effective March 6.