Joshua Schulman, the new CEO of Burberry, faces a daunting task in reviving this traditional British luxury brand.
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On November 2, Velvet by Graham & Spencer celebrated the grand opening of its new boutique in the vibrant Nolita neighborhood of New York City.
On November 4, the Aeffe Group’s Alberta Ferretti brand announced the appointment of Alexandra Lamprecht as its first-ever general manager.
On November 4, renowned haute couture fashion house Elie Saab announced the appointment of Greek-Austrian luxury handbag designer Marina Raphael as Artistic & Design Director for its handbag division.
On October 31, Amazon (NASDAQ: AMZN) announced its financial results for the third quarter ending September 30, 2024.
Swedish eyewear brand CHIMI has recently opened its first U.S. flagship store in New York’s SoHo district.
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On October 30, 2024, Prada Group, based in Milan, announced it had achieved a remarkable 18% year-over-year increase in net revenue for the nine months ending September 30, defying the prevailing downturn in the luxury market.
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The American luxury brand industry was shaken on October 24 as the U.S. District Court for the Southern District of New York halted Tapestry, Inc.’s ambitious $8.5 billion acquisition of Capri Holdings Limited.
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On October 25, TFG London, the South Africa-based fashion retail giant, acquired the British fashion and lifestyle brand White Stuff.
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Hermès announced on October 24th in its third-quarter earnings report that sales increased by 11.3% compared to the same period last year.
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On October 23, French luxury conglomerate Kering announced that its third-quarter revenue amounted to €3.78 billion (approximately $4.08 billion), a 16% decline compared to the same period last year.
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On October 22, former Abercrombie & Fitch CEO Mike Jeffries was arrested on sex trafficking charges.
On November 1, it was announced that Rohit Bal, one of India’s most iconic fashion designers, passed away at 63.
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On October 28, the 2024 CFDA Fashion Awards, presented by Amazon Fashion, took place at the American Museum of Natural History.
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On October 28, multiple media outlets reported that The Estée Lauder Companies intends to appoint Stéphane de La Faverie, the company’s Executive Group President, as its next CEO.
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American luxury jewelry brand David Yurman has launched its 2024 holiday campaign, showcasing its most influential cast to date.
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On October 21, French luxury brand Courrèges announced that Marie Leblanc will take on the role of chief executive officer (CEO) effective November 4, 2024.
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On October 15, Aeffe Spa announced the appointment of Lorenzo Serafini as the new creative director of Alberta Ferretti.
Swedish eyewear brand CHIMI has recently opened its first U.S. flagship store in New York’s SoHo district.
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On October 30, Hermès opened a new boutique in Atlanta, Georgia.
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Italian luxury brand Valentino has entered a new partnership with Dover Street Market (DSM), founded by Rei Kawakubo and Adrian Joffe, to mark the release of Alessandro Michele’s first cruise collection, “Avant Les Débuts.”
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Under the leadership of Daniel Roseberry, Schiaparelli has launched its first-ever retail exhibition in Asia, “Through the Keyhole,” at the Plaza 66 mall in Shanghai, starting on October 18, 2024.
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On October 18th, the luxury brand from southern France, Jacquemus, opened its first U.S. standalone store in New York’s SoHo district.
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Korean eyewear brand Gentle Monster has recently opened its first flagship store in Australia, located at Melbourne’s Chadstone Shopping Centre.
On July 9, Inditex, the parent company of ZARA, announced…
