Tag #Luxury Fashion

Showing 1 to 12 of 32 results

lemonde.fr
🌐 75% Global Worthiness
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Gucci's New Designer, Demna, Debuts with Film, Not Runway Show

Facing a significant revenue drop, Gucci appointed Demna as its new designer, debuting his collection not with a traditional runway show but a short film, "The Tiger," shown at Milan Fashion Week.

Progress

60% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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Secondhand Luxury Thrives as Major Brands Struggle in Australia

A Sydney couple's thriving secondhand designer handbag stall contrasts sharply with declining sales and profits of major luxury brands like Chanel (-16% sales, -87% profit) and Tiffany & Co. (-6.2% revenue, -50% profit) in Australia during 2024, reflecting a global shift in consumer preferences towa...

Progress

44% Bias Score

Responsible Consumption and Production
d.repubblica.it
🌐 85% Global Worthiness
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Dolce&Gabbana's Rome Fashion Show: A Triumph Despite Storm

Dolce&Gabbana's Rome Alta Moda show, featuring 90 unique designs, attracted 630 international clients despite a storm cancelling a prior event, highlighting the brand's success in leveraging Italian heritage and exclusivity.

Progress

52% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Chanel Showcases New Direction Amidst Luxury Market Downturn

Chanel's Paris fashion show, held in a recreated boutique setting, presented Matthieu Blazy's understated collection, while facing a 4.3% revenue drop in 2024; Jonathan Anderson, meanwhile, pivots JW Anderson towards homeware, responding to the global luxury downturn.

Progress

36% Bias Score

Responsible Consumption and Production
elpais.com
🌐 90% Global Worthiness
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Illegal Cattle Ranching Fuels Luxury Handbag Production: Amazon Deforestation Linked to Italian Tanneries

An Earthsight investigation reveals that illegal cattle ranching in the Brazilian Amazon, responsible for massive deforestation, including in the Apyterewa indigenous territory, is linked to two major Italian tanneries supplying leather to luxury brands like Fendi, Kering, and Chanel, highlighting t...

Progress

48% Bias Score

Climate Action
elpais.com
🌐 85% Global Worthiness
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Counterfeit Luxury Goods Surge on E-Commerce Platforms

Luxury e-commerce platforms like Ssense are facing a surge in counterfeit products being sold, despite claims of authenticity checks, due to fraudulent returns, impacting consumer trust and brand reputation; the National Retail Federation estimated 13.7% of US returns in 2023 were fraudulent.

Progress

44% Bias Score

Responsible Consumption and Production
forbes.com
🌐 75% Global Worthiness
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High-Fashion Houses Partner with Luxury Hotels for Exclusive Summer Collections

Luxury fashion houses such as Dior, Burberry, Dolce & Gabbana, and Missoni are collaborating with hotels worldwide, offering exclusive collections and experiences to enhance brand presence and customer engagement.

Progress

32% Bias Score

Responsible Consumption and Production
theguardian.com
🌐 75% Global Worthiness
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Burberry Sales Rise Despite Tourist Spending Dip

Burberry's sales fell 2% to £433m in the three months to June, defying weak tourist spending thanks to strong sales of festival wear in Europe and America; however, Asian sales remain down, and the company is cutting 1,700 jobs.

Progress

36% Bias Score

Responsible Consumption and Production
faz.net
🌐 85% Global Worthiness
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Loro Piana Faces State Administration for Worker Exploitation

The Milan prosecutor placed Loro Piana, an LVMH-owned luxury brand, under state administration for a year due to accusations of worker exploitation in its Italian supply chain, involving illegal employment practices and unsafe working conditions at subcontracted workshops; this follows similar actio...

Progress

40% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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Luxury Brands Linked to Amazon Deforestation Through Leather Supply Chain

A new Earthsight report alleges that luxury brands like Coach, Fendi, and Hugo Boss are linked to deforestation in the Brazilian Amazon through their use of leather from cattle raised on illegally deforested land in Pará, Brazil, which will host the UN Climate Conference COP30 in November 2024.

Progress

40% Bias Score

Responsible Consumption and Production
elmundo.es
🌐 65% Global Worthiness
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Balenciaga: Brand Image vs. Profitability

Balenciaga, founded in 1937, has evolved from a high-fashion house focused on quality under Cristóbal Balenciaga to a luxury brand prioritizing viral marketing and high prices, resulting in questions about its profitability despite its widespread cultural presence and significant counterfeiting.

Progress

56% Bias Score

Responsible Consumption and Production
dailymail.co.uk
🌐 75% Global Worthiness
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Burberry Announces 1,700 Job Cuts in Cost-Cutting Drive

Burberry announced plans to cut up to 1,700 jobs and slash costs by £100 million annually by 2027 after reporting a £3 million operating loss for the year to March 2024, a response to subdued demand and rising costs in the luxury goods market.

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 32 results