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LVMH Gross sales Miss Expectations | BoF

LVMH Gross sales Miss Expectations | BoF

by | Apr 14, 2025 | Fashion

LVMH reported quarterly gross sales that missed expectations as the posh business struggles to reinvigorate demand following final yr’s hunch.Gross sales fell 5 % on an natural foundation in the important thing style and leather-based items division, whose largest...
US Salon Traits Point out Looming Recession

US Salon Traits Point out Looming Recession

by | Apr 13, 2025 | Fashion

“It’s feeling loads like 2008,” stated Christy Powers, who’s labored by means of three financial downturns since 1999. Working out of Frederick, Maryland, a commuter-train journey from Washington, Powers stated increasingly of her purchasers — particularly the massive...
Will Prada’s Versace Wager Pay Off?

Will Prada’s Versace Wager Pay Off?

by | Apr 11, 2025 | Fashion

The centre simply may maintain in any case: Regardless of a worldwide rout in markets and escalating tensions between the US and key buying and selling companions, notably China, Prada Group is forging forward with plans to accumulate Versace for €1.25 billion ($1.38...
The Downside with Louis Vuitton’s Texas Manufacturing unit

The Downside with Louis Vuitton’s Texas Manufacturing unit

by | Apr 10, 2025 | Fashion

Six years in the past, LVMH’s billionaire chief government officer Bernard Arnault and President Donald Trump lower the blue ribbon on a manufacturing facility in rural Texas that will make designer purses for Louis Vuitton, one of many world’s best-known luxurious...