Burberry Stock Soars Despite Sales Dip
Burberry's stock surged 15.7% to £12.38 on Friday after reporting better-than-expected sales for the three months ending in December, despite a 7% drop in retail revenue to £659 million—a smaller decline than the anticipated 12%.
Burberry Stock Soars Despite Sales Dip
Burberry's stock surged 15.7% to £12.38 on Friday after reporting better-than-expected sales for the three months ending in December, despite a 7% drop in retail revenue to £659 million—a smaller decline than the anticipated 12%.
Progress
40% Bias Score
Luxury Market Sees Divergent Performances in 2024: Polène and Vee Collective's Success Contrasts with LVMH and Kering Declines
In 2024, while LVMH and Kering reported sales declines, Prada saw an 18 percent increase; Bain and Altagamma predict minimal market growth, yet Polène and Vee Collective achieved significant success with their handbags, selling hundreds of thousands of units and becoming highly visible due to influe...
Luxury Market Sees Divergent Performances in 2024: Polène and Vee Collective's Success Contrasts with LVMH and Kering Declines
In 2024, while LVMH and Kering reported sales declines, Prada saw an 18 percent increase; Bain and Altagamma predict minimal market growth, yet Polène and Vee Collective achieved significant success with their handbags, selling hundreds of thousands of units and becoming highly visible due to influe...
Progress
60% Bias Score
"Kim Ye-ji Stars in Balenciaga Campaign"
"Olympic silver medalist Kim Ye-ji is featured in Balenciaga's new handbag campaign photographed by Juergen Teller in Paris, alongside Romeo Beckham and Kim Petras, showcasing a contrast between her simple personal style and high-fashion looks."
"Kim Ye-ji Stars in Balenciaga Campaign"
"Olympic silver medalist Kim Ye-ji is featured in Balenciaga's new handbag campaign photographed by Juergen Teller in Paris, alongside Romeo Beckham and Kim Petras, showcasing a contrast between her simple personal style and high-fashion looks."
Progress
40% Bias Score
Messika's meteoric rise in the luxury jewelry market
Valérie Messika, a Parisian jewelry designer, has built a global luxury brand in two decades, leveraging celebrity collaborations (Beyoncé, Gigi Hadid) and strategic online and retail expansion; currently, her brand is sold in over 600 locations worldwide.
Messika's meteoric rise in the luxury jewelry market
Valérie Messika, a Parisian jewelry designer, has built a global luxury brand in two decades, leveraging celebrity collaborations (Beyoncé, Gigi Hadid) and strategic online and retail expansion; currently, her brand is sold in over 600 locations worldwide.
Progress
12% Bias Score
Bucket Hats: A Luxurious Winter Trend
Luxury brands and social media are driving a resurgence of bucket hats, featuring warmer, more practical designs made of plush fur, seen in cities like London and Munich, worn by women paired with classic wool coats, a departure from their Britpop past.
Bucket Hats: A Luxurious Winter Trend
Luxury brands and social media are driving a resurgence of bucket hats, featuring warmer, more practical designs made of plush fur, seen in cities like London and Munich, worn by women paired with classic wool coats, a departure from their Britpop past.
Progress
36% Bias Score
Chanel's Hangzhou Show: A Cultural Fusion and Business Strategy
Chanel held its Métiers d'art show at Hangzhou's West Lake, showcasing designs blending Chinese and Western aesthetics, attracting nearly 1000 primarily Asian guests and emphasizing artisanal skills.
Chanel's Hangzhou Show: A Cultural Fusion and Business Strategy
Chanel held its Métiers d'art show at Hangzhou's West Lake, showcasing designs blending Chinese and Western aesthetics, attracting nearly 1000 primarily Asian guests and emphasizing artisanal skills.
Progress
44% Bias Score
The Elder Statesman Opens First New York Flagship Store
The Elder Statesman, a Los Angeles-based luxury cashmere brand, opened its first New York flagship store in SOHO on Crosby Street after 17 years in business, showcasing its commitment to artisanal craftsmanship and unique brand identity.
The Elder Statesman Opens First New York Flagship Store
The Elder Statesman, a Los Angeles-based luxury cashmere brand, opened its first New York flagship store in SOHO on Crosby Street after 17 years in business, showcasing its commitment to artisanal craftsmanship and unique brand identity.
Progress
60% Bias Score
Luxury Market Slowdown Prompts Strategic Reassessment
The luxury goods market is facing declining profits due to economic factors and shifting consumer preferences, prompting brands to reassess their strategies as highlighted at the Business of Fashion's BOF Voices summit.
Luxury Market Slowdown Prompts Strategic Reassessment
The luxury goods market is facing declining profits due to economic factors and shifting consumer preferences, prompting brands to reassess their strategies as highlighted at the Business of Fashion's BOF Voices summit.
Progress
48% Bias Score