there will be more interest rate cuts in 2025 (#1686222)
By Reuters Published December 13, 2024 The European Central Bank is likely to cut interest rates further next year and…
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Sales of the Spanish company Inditex increase 7.1% year-on-year to $29 billion in the first nine months of 2024
Spanish clothing multinational Inditex's sales grew 7.1% year-over-year (YoY) to reach €27.4 billion (~$29.044 million) in the nine-month period (9M)…
Karl Lagerfeld returns to Pitti in January (#1686241)
Published December 13, 2024 The Karl Lagerfeld house returns to Pitti, the most important men's fashion fair, in January and…
Issey Miyake will show the men's season of IM Men in Paris in January (#1685905)
Published December 12, 2024 The house of Issey Miyake has revealed its plans to present a debut show of its…
Can the Crypto Bros save luxury in 2025? (#1686165)
By Bloomberg Published December 13, 2024 New York is obsessed with Louis Vuitton. LVMH Moet Hennessy Louis Vuitton SE, the…
Key barriers hampering European brands' transformation efforts: EFA
Despite the strong will and desire to transform the European fashion industry and adopt sustainable practices, significant barriers prevent many…
Brunello Cucinelli presents the second vintage of Castello di Solomeo in New York (#1685698)
Published December 12, 2024 Long before “calm luxury” was a buzzword, and long after it is, Brunello Cucinelli defined this…
Hugo Boss creates a company to recycle the group's leftover production materials (#1685713)
Translated by Nicola Mira Published December 12, 2024 Some time ago, the German fashion group Hugo Boss anticipated that it…
US PVH Corp's Q3 2024 Revenue Falls 5% YoY; inventory increases 9%
US apparel company PVH Corp reported revenue of $2.25 billion in the third quarter (Q3) ended November 3, 2024, down…
Bally is about to close its production center in Tuscany (#1684936)
Translated by Nicola Mira Published December 9, 2024 Struggling Bally is restructuring its operations. After announcing 65 layoffs in Switzerland…