Eva Morletto

The French luxury giant, which published disappointing results on Tuesday evening, continues to suffer from an unstable geopolitical climate and a drop in Chinese consumption of certain luxury products.

At the end of last week, the Italian fashion house Brunello Cucinelli famous for its cashmere garments announced a 14.7% increase in first-half sales.

Built in 1880 on the Grand Canal in Venice, the Hotel Bauer, formerly owned by the bankrupt Austrian group Signa, is reportedly up for sale for €275 million. LVMH is said to be close to signing the deal.

The Italian company specializing in luxury sneakers was planning an IPO (on the Milan stock exchange) on June 21. However, it has decided to cancel its plans and adopt a cautious approach. The reason: political turmoil in Europe.

France is still reeling from the shock, less than 48 hours following the announcement of the National Assembly’s dissolution.According to Jean-Paul Garraud, president of the […]

In an interview with Corriere della Sera on Monday, Dolce & Gabbana CEO Alfonso Dolce said he was ready to open up its capital to external investors, including through an IPO. The aim: to expand on a massive scale in the United States.

Times are still tough for Italy’s most popular influencer. The woman who built an empire from her fashion blog “Blond Salad” is the subject of various legal investigations that threaten her companies.

Positive results for L’Occitane: the French cosmetics group recorded a revenue of 2.5 billion euros for its 2023/2024 fiscal year, a 24% increase compared to the previous year.

The Milan District Court has now investigated Manufactures Dior srl, the Italian production arm of French luxury goods giant Christian Dior (LVMH), following on from Alviero Martini S.p.A and Giorgio Armani Operations S.p.A. It should be noted that neither Christian Dior nor its parent company are under investigation.

With just five months remaining before the American presidential election, a cloud of uncertainty looms over the business world and the luxury industry: Will Donald […]

Quarterly sales were down slightly by 1% at real exchange rates, to €5.3 billion for Richemont Group

Twice a year, this prestigious event highlights the craftsmanship and innovations of the most prestigious maisons. Despite a highly exclusive clientele, haute couture continues to play a crucial role in the French capital’s economy and worldwide renown.

The latest half-yearly report from Bain & Company and Altagamma (the Italian business association for the sector), published on 18 June, confirms that 2024 will be a less dynamic year for the luxury goods market, with growth revised downwards.

In 2024, the total value of Kantar’s top 100 most valuable global brands increased by 20%, according to the institute’s latest report. Tech companies are at the top of the ranking, while the value of luxury goods has risen sharply.

As Roland Garros captivates sports enthusiasts worldwide, the Florentine house owned by the Kering group is taking advantage of the tournament to launch a tennis-themed capsule collection.