Tag #Luxury Fashion

Showing 13 to 24 of 32 results

theguardian.com
🌐 75% Global Worthiness
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Burberry Announces 1,700 Job Cuts Amidst £66 Million Loss

Burberry, facing a £66 million loss and 15% revenue drop, announced 1,700 job cuts globally by 2027, including its Yorkshire factory's night shift, as part of a £60 million cost-saving plan to counter a wider luxury goods market downturn.

Progress

32% Bias Score

Decent Work and Economic Growth
pt.euronews.com
🌐 85% Global Worthiness
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TikTok Exposes? Luxury Handbag Production and the China-EU Trade Dispute

TikTok videos allege that 80% of luxury handbags are made in China, despite European brands claiming otherwise; this trend may be politically motivated and involve counterfeit goods, contradicting strict European labeling regulations.

Progress

44% Bias Score

Responsible Consumption and Production
forbes.com
🌐 85% Global Worthiness
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Prada Acquires Versace for \$1.375 Billion

Capri Holdings sold its Versace brand to Prada Group for \$1.375 billion, resolving a failed merger with Tapestry and addressing financial challenges.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Luxury Fashion's Sustainability Paradox: Resale Boom vs. Environmental Costs

The global secondhand market is projected to reach $350 billion by 2027, but luxury fashion brands' sustainability challenges include destroying unsold goods and using ethically sourced materials. Resale and rental models offer solutions, but their environmental impact needs further assessment.

Progress

16% Bias Score

Responsible Consumption and Production
theguardian.com
🌐 75% Global Worthiness
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Armani and Dolce & Gabbana Present Contrasting Visions at Milan Fashion Week

Giorgio Armani's Milan Fashion Week show showcased a nature-inspired collection emphasizing harmony, contrasting with Dolce & Gabbana's street-style collection celebrating self-expression; both brands reported strong financial results.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Costelloe's Equestrian-Inspired Collection Showcases Heritage and Modernity at LFW

Irish-American designer Paul Costelloe's Autumn/Winter 2025 collection, presented at London Fashion Week on February 21st at The Waldorf's Palm Court, featured equestrian-inspired designs blending 1980s power dressing with feminine silhouettes, using Irish fabrics and vibrant prints.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Susanna Chow: Family-Built Luxury Brand Thrives with Sustainable Practices

Susanna Chow and her mother, Sai Chow, launched a luxury clothing brand, Susanna Chow, in 2018 with $500, creating made-to-order pieces and expanding into over 30 stores globally with celebrity endorsements, emphasizing sustainable and ethical production.

Progress

8% Bias Score

Decent Work and Economic Growth
aljazeera.com
🌐 85% Global Worthiness
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Prada Acquires Versace for $1.38 Billion

Prada purchased Versace for \$1.38 billion from Capri Holdings on Thursday, marking a major expansion for Prada and a strategic divestment for Capri, seeking to bolster its Michael Kors brand. The deal unites two iconic Italian fashion houses and strengthens Italy's position in the luxury market.

Progress

44% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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Prada Acquires Versace for $1.39 Billion Amidst Tariff Impacts

Prada is buying Versace for about \$1.39 billion, a price reduced due to Trump's tariffs impacting Capri Holdings, Versace's owner, who had initially sought \$1.6 billion but faced declining sales. This creates a \$6 billion+ revenue company to rival LVMH and Kering.

Progress

32% Bias Score

Decent Work and Economic Growth
liberation.fr
🌐 85% Global Worthiness
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Prada Poised to Acquire Versace for €1.5 Billion

Prada, showing strong financial results with a 17.5% revenue increase in the first nine months of 2024, is close to acquiring Versace from Capri Holdings for approximately €1.5 billion, a move intended to bolster its position against industry giants LVMH and Kering, while Capri Holdings experienced ...

Progress

44% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Milan Fashion Week: Leadership Shakeup Amidst Industry Downturn

The Milan Fashion Week showcases significant leadership changes in major Italian fashion houses like Gucci, Fendi, Missoni, and Bally, amidst a broader industry downturn caused by shifts in Chinese consumption, geopolitical factors, and US trade policy, leading to speculation and uncertainty about t...

Progress

56% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Disparity in Black Representation within the US Fashion Industry

Although Black consumers represent approximately 20 percent of luxury fashion spending in the US, only 4.8 percent of designers are Black, creating a significant market opportunity for numerous Black-owned brands, such as Nomads Swimwear, ANiCE' By Angel, Ciao by CC, Brandon Blackwood, Iconi, Ciara ...

Progress

32% Bias Score

Reduced Inequality

Showing 13 to 24 of 32 results