Accessories
Stella McCartney names new CEO
Amandine Ohayon has been appointed the new CEO of the British premium shoe and ready-to-wear brand. She succeeds Gabriele Maggio, who is leaving after four years at the helm
Tod’s delivers solid performance
The Italian-based luxury brand recorded a 14.3% increase in sales in the first nine months of 2023, as compared to the same period of 2022, with all brands registering double-digit growth
Slower demand for luxury impacts Burberry’s full year forecasts
Despite a revenue increase in the first half of its fiscal year, the UK-based luxury group is now less optimistic about its full year forecasts due to a gradual slowdown in luxury demand worldwide
Capri posts results below expectations
The owner of Versace, Michael Kors and Jimmy Choo posted an 8.6% fall in revenue in the second quarter of fiscal 2024, as compared to the same period of last year, will all brands underperforming
Steve Madden’s third quarter performance improves
The New York-based designer and marketer of footwear, accessories and apparel posted a slight fall in sales in the third quarter of 2023, but returned to a growth in profits year-over-year
Tapestry’s sales growth slows down
The US-based company posted record net sales of 1.51 billion US dollars in the first quarter of fiscal 2024, but a figure only slightly higher than the one recorded a year ago
Manolo Blahnik’s sales and profits soared in 2022
The UK-based footwear and accessories brand posted a “record financial performance” in 2022, and thanked its employees by distributing more than 1 million euros in bonuses last November
Kurt Geiger joins London's Oxford Street
The UK-based footwear and accessories retailer has opened a flagship concept store on Oxford Street, one of the most iconic shopping streets in London
Tod's reports strong first half
The luxury group reported a 21.7% revenue increase in the first half of 2023, as compared to the same period in 2022, with double-digit growth across all brands and product categories
Charles & Keith opens first store in South Korea
The Singapore-based fashion label centred on shoes, bags and accessories has opened its first flagship store in Gangnam, one of Seoul's most vibrant shopping districts
Burberry delivers a strong first quarter
The luxury group posted an 18% growth in comparable store sales in the first quarter of fiscal 2024, as compared to the same period of last year, driven by the ongoing recovery in Mainland China
Global personal luxury goods market set to continue growing in 2023
After registering a record year in 2022, and despite uncertain macroeconomic conditions, the global personal luxury goods market is expected to grow between 5% to 12% in 2023
Gabriela Hearst leaves Chloé
The Richemont-owned luxury fashion house has confirmed that its creative director, Gabriela Hearst, will step down later this year. No reference was made to the creative succession plan
Expo Riva Schuh & Gardabags closes with a 9 000 attendance
The last edition of the Italian trade fair attracted 9 000 visitors, up by 12.% from June's 2022 edition. As anticipated, the exhibition saw the return of a large number of Chinese exhibitors
Kurt Geiger secures funding to boost international growth
The London-based retailer announced that it has secured a new funding deal to refinance its debt and fuel its international growth plans-
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