Luxury
Burberry expands its global youth empowerment programme
The UK-based luxury group has announced the expansion of its Burberry Inspire youth community programme. The aim is now to support 500 000 young people worldwide in the next three years
Bottega Veneta opens a new footwear factory
The Italian label, owned by the luxury group Kering, has opened a new footwear atelier in Vigonza, in the footwear district of Riviera del Brenta, located in the Veneto region
Manolo Blahnik with new Chief Commercial Officer
The luxury shoemaker has named Elodie Bougenault as its new Chief Commercial Officer. She will spearhead the brand's global commercial direction, at a time when Manolo Blahnik looks to revamp business in Asia
Burberry reports full year revenue growth
The UK-based luxury group has posted a 10% rise in revenue during fiscal 2023 from the prior year, underlining a rebound in performance in the Mainland China in the fourth quarter
Golden Goose delivers revenue growth
The luxury sneakers brand saw its revenue grow by 20% in the first quarter of the year, as compared to the same period of 2022, due to “continued investment in and expansion of the retail channel”
Malone Souliers names two new creative directors
The London-based footwear brand has appointed two of its long-time team members, Coco Fong and Valerio Brava, as its new co-creative directors
Capri Holdings partners up with the National Fish and Wildlife Foundation
The luxury fashion group has entered a three-year partnership with the National Fish and Wildlife Foundation (NFWF) to accelerate the adoption of regenerative agriculture practices in the US
Maison Margiela with new CEO
The Paris-based luxury house has appointed Gaetano Sciuto as its new Chief Executive Officer, effective the 17th of July, and Stefano Rosso will be the house’s new Chairman, says WWD
LVMH Métiers d’Art acquires majority stake in Italian tannery Nuti Ivo
LVMH's division aimed at preserving the French-based group's expertise in luxury raw materials and craftsmanship is now a majority partner of the Italian tannery Nuti Ivo SpA Group
Capri Holdings posts loss in the fourth quarter
The owner of Versace, Michael Kors and Jimmy Choo posted a 10.5% decline in revenue and a 34 million USD net loss in the last quarter of fiscal 2023, as compared to the same period last year
Clergerie future owner is to be chosen this month
After being placed into receivership on the 29th of March, the future owner of the French-based luxury shoe brand will be decided on the 14th of June by a Paris-based commercial court
Loewe opens first leather goods repair store
The Spanish luxury label has opened in Osaka (Japan) its first store entirely dedicated to the repair and maintenance of leather articles. A leather artisan will be in the store ready to repair and renew damaged products brought in
Permira to acquire majority stake in Gruppo Florence
Funds advised by the global private equity firm Permira have agreed to acquire a majority stake in luxury goods manufacturer Gruppo Florence
Burberry appoints Alexandra McCauley as Chief People Officer
Joining from the luxury fashion brand Chanel, Alexandra McCauley will manage Burberry’s People strategy globally. She will join the company’s Executive Committee while reporting directly to Burberry CEO Jonathan Akeroyd-
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