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  • INSIGHTS European fashion brands, led by Louis Vuitton and Dolce & Gabbana, have seen significant growth in 2024, according to Brand Finance's latest Apparel 50 report. Louis Vuitton's brand value surged by 23 per cent to $32.2 billion, while Dolce & Gabbana grew by 52 per cent. Despite a luxury downturn, brands like Hermès and Dior remained resilient. European fashion powerhouses have made remarkable strides in the global apparel market, according to the latest Apparel 50 2024
  • INSIGHTS While social-commerce platform Mys Tyler recently revealed that 54.4 per cent of US women, 36.9 per cent of Australian women and 47.4 per cent of UK women are plus-size, a mere 0.8 per cent of the looks at New York Fashion Week AW24 and 2.4 per cent of the looks at London Fashion Week were plus-size. This implies plus-size women are overlooked by most brands While new data from social-commerce platform Mys Tyler revealed that 54.4 per cent of American women are plus-size (wearing dre
  • INSIGHTS Lanvin Group reported a 20 per cent revenue decline in H1 FY24 to €171 million, driven by global market softness and wholesale challenges. Key brands like Lanvin, Wolford, and Sergio Rossi saw significant revenue drops, with regional declines in EMEA, Greater China, and North America. Despite lower revenue, some brands improved gross profit margins. China’s Lanvin Group, a global luxury fashion company, has announced its financial results for the first half of fiscal 202
  • INSIGHTS Guess reported a 7 per cent revenue increase for H1 FY25, reaching $1.32 billion. However, earnings from operations dropped 56.2 per cent to $27.9 million. In Q2 FY25, revenue grew 10 per cent to $732.6 million, but the company recorded a GAAP net loss of $10.6 million. The company's adjusted earnings fell 42 per cent to $23 million in Q2 FY25. Guess, Inc, a leading American fashion brand, has reported a total net revenue increase of 7 per cent for the first half of fiscal 2025, re
  • INSIGHTS Hollister Co is introducing a 67-piece Collegiate Graphics Shop collection featuring vintage-inspired university logos on sweatshirts, hoodies, and tees for back-to-school and fall sports. Representing over 30 US universities, the collection is promoted by 350+ college athletes. The designs cater to trendy school spirit, filling a gap in the market. Hollister Co. (“Hollister”), a brand of Abercrombie & Fitch Co. (NYSE: ANF), is rolling out its Collegiate Graphics Shop
  • L'abito boho negli outfit autunnali: il trend si adatta alla nuova stagione. Ecco come indossarlo secondo lo street style L'abito bohémien è stato il protagonista della stagione estiva, ma il fascino di questo stile sospinto dal grande ritorno della moda anni Settanta e guidato dalla sfilata Chloé autunno-inverno 2024 2025 – la prima firmata dalla direttrice artistica Chemena Kamali) – si è imposto anche per la nuova stagione. Ecco allora che l'abito boh&e
  • INSIGHTS Hermès reported €7.5 billion (~$8.14 billion) in H1 FY24 revenue, up 15 per cent at constant exchange rates. Recurring operating income rose 7 per cent to €3.1 billion. Net profit rose to €2.4 billion. Asia grew 10 per cent, Japan 22 per cent, Americas 13 per cent, and Europe 18 per cent. Leather goods rose 19 per cent and ready-to-wear rose 15 per cent. France-based luxury fashion brand Hermès has reported consolidated revenue of €7.5 billion (appr
  • INSIGHTS Aeffe reported H1 FY24 revenues of €138.6 million (~$150 million), a 14.9 per cent decrease from last year. The company's EBITDA was €0.4 million in H1 FY24, and net loss rose to €20.4 million. Pret-a-porter revenues fell 12.5 per cent, and footwear and leather goods dropped 25 per cent. Sales in Italy, Europe, Asia, and America all declined. The Aeffe Group, a leading Italy-based firm in the luxury fashion sector, has reported revenues of €138.6 million (approx
  • INSIGHTS US fashion executives report growing sourcing risks in 2024, including economic uncertainty, forced labour, and geopolitical tensions, as per the US Fashion Industry Association. Inflation, supply chain issues, and trade policies are top challenges. Companies are diversifying sourcing, reducing reliance on China, and exploring new markets. US’ apparel and fashion sourcing executives have reported growing sourcing risks in 2024, ranging from navigating an uncertain economy and
  • INSIGHTS Burberry appoints Joshua Schulman as CEO and Executive Director, replacing Jonathan Akeroyd by mutual agreement. Schulman, 52, with experience at Michael Kors, Coach, and Jimmy Choo, joins on 17 July 2024, reporting to Chair Gerry Murphy. Murphy praises Schulman's global luxury brands expertise. Schulman expresses his honour and ambition for Burberry's growth. Burberry announces the appointment of Joshua Schulman as Chief Executive Officer and Executive Director. Joshua replaces Jona
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