World Footwear

Luxury

Kering unveils new Italian headquarters in the centre of Milan

May 30, 2023 / Italy
The luxury group will be the sole occupant of the six-floor Palazzo Pertusati, located in the central Via Senato, with views towards the quadrilatero della moda on one side, and the Giardini di Porta Venezia on the other

Farfetch announces first quarter results

May 22, 2023 / United Kingdom
The UK-based luxury online retailer posted an 8.1% revenue growth in the first quarter of 2023, as compared to the same period of last year, but a profit loss of 174.3 million US dollars

Tod's sales grow by 23%

May 16, 2023 / Italy
The Italian-based luxury group posted a 23.2% sales increase in the first quarter of 2023, as compared to the same period of last year, with all its brands posting double-digit revenue growth

Prada posts strong first quarter performance

May 12, 2023 / Italy
The Italian-based luxury group started 2023 with revenue growth of 22% in the first quarter, year-over-year, driven by the high desirability of both Prada and Miu Miu brands

Chinese luxury retail rebounds

May 10, 2023 / China
Chinese buyers are spending more on European brands at a time when the country's economy is rebounding following the lifting of COVID-19-related travel restrictions, says Vogue Business

Farfetch launches Reebok's partnership

May 9, 2023 / United Kingdom
The luxury online retailer has commercially launched the previously announced partnership with Reebok to run the brand's European e-commerce sites and its wholesale distribution

Catherine Hinderman: luxury isn’t just in the value of the product itself, it’s also in the story behind it

Premium ContentMay 8, 2023 / India
We sat with Catherine Hinderman, CEO and co-founder of the Indian-based brand Gaia Amore. Born out of a passion for culture, history and fashion, this brand stands for the concept of new luxury, that is, valuing not only the product but the hands and story behind it. And that story might have begun ages ago

Tod's pays tribute to craftsmanship

Apr 28, 2023 / Italy
The luxury group collaborated with the British photographer Tim Walker to celebrate its own founding values, namely Italian craftsmanship and know-how

Kering posts mixed first quarter performance

Apr 27, 2023 / France
The French-based luxury group posted a 1% year-over-year marginal revenue growth in the first quarter of 2023, with Gucci slightly recovering from a 14% revenue decline in the fourth quarter of 2022

Authentic Brands acquires Vince brand intellectual property

Apr 27, 2023 / United States
The US-based brand management company has entered into an agreement with Vince Holding Corp to acquire Vince brand intellectual property, expanding this way its luxury portfolio

Ferragamo reports a weak first quarter

Apr 26, 2023 / Italy
The luxury group reported a 4.0% year-over-year revenue decline in the first quarter of 2023, saying that the release of its new collection has not yet helped the brand’s relaunch

Farfetch names new Chief Marketing Officer

Apr 24, 2023 / United Kingdom
The luxury e-tailer has appointed Nick Tran as its new Chief Marketing Officer. He brings to the role his expertise in engaging with Gen Z and Millennial customers at TikTok, Taco Bell, Samsung, and Hulu

Hermès posts strong first quarter

Apr 19, 2023 / France
The French-based luxury group posted a revenue growth of 23% at constant exchange rates and 22% at current exchange rates in the first quarter of 2023, year-over-year, reaching 3.38 billion euros

Gucci and Burberry join platform that aims to promote smart consumption

Apr 18, 2023 / United Kingdom
The two luxury brands have joined a new platform launched by the tech start-up Labell-D that aims to help consumers protect the value of their luxury products through validated pricing

Nordstrom expands board of directors

Apr 18, 2023 / United States
The Seattle-based chain of department stores has announced the appointment of Erik Sprunk, former Chief Operating Officer of Nike, to its board of directors, which has now 11 directors
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