World Footwear

Luxury

Burberry reports rise in sales despite weaker performance in China

Jan 20, 2023 / United Kingdom
The luxury group posted double-digit revenue growth in the third quarter of fiscal 23, excluding the impact of China, where COVID-19-related disruption continued to affect the business

Farfetch shakes-up leadership team

Jan 19, 2023 / United Kingdom
The luxury e-tailer has appointed Elizabeth von der Goltz as Chief Fashion and Merchandising Officer and CEO of Browns. Sindhura Sarikonda will join in as President of the Americas

Burberry announces the appointment of new senior executives

Jan 18, 2023 / United Kingdom
The UK-based label appointed Giorgio Belloli and Delphine Sonder to the newly created roles of Chief Digital, Customer and Innovation Officer and Chief Merchandising Officer, respectively

LVMH announces major executive changes

Jan 12, 2023 / France
The French-based luxury group has announced that Pietro Beccari, who has led Dior since 2018, will become CEO of Louis Vuitton, while Delphine Arnault has been appointed to succeed Beccari at Dior

Prada to launch the eighth exclusive Timecapsule NFT Drop

Jan 3, 2023 / Italy
Dropping on the 5th of January with a corresponding gifted NFT, the launch follows a successful 2022 campaign in which Prada joined the Web3 community and reached new audiences

Global luxury goods industry to reach 1.4 trillion euros in 2022

Dec 26, 2022 / World
The latest edition of the Bain & Company–Altagamma Luxury Study shows that the global luxury goods industry grew by 21% from 2021 and suggests that it will further grow in 2023

Golden Goose joins forces with Swarovski

Dec 21, 2022 / Italy
The luxury sneaker brand teamed up with Swarovski Creators Lab on a limited-release collection that includes two new versions of the iconic Golden Goose Super-Star sneaker and an exclusive skateboard

Prada appoints new brand CEO

Dec 15, 2022 / Italy
The Italian-based luxury group has announced that Gianfranco D'Attis will become the Chief Executive Officer of the Prada brand from the 2nd of January 2023

Tod's founding family drops plan to delist company

Dec 14, 2022 / Italy
The Della Valle family said that it has abandoned the plans to merge with Tod's, which would have enabled to delist the luxury group from the Milan stock exchange. Tod's is to remain public

Circularity is an opportunity for luxury

Dec 12, 2022 / World
Along with the continuing digital revolution of the metaverse and Web3, the transition towards a circular economic model is an unparalleled opportunity for luxury goods companies, says Deloitte

French luxury segment in need of specialized artisans

Dec 8, 2022 / France
There are at least 20 000 vacancies for specialized workers in the French luxury segment, said the association that represents about a hundred luxury houses in the country

Andrea Guerra appointed CEO of the Prada group

Dec 7, 2022 / Italy
The luxury group announced that the former CEO of Luxottica and LVMH's hospitality unit, Andrea Guerra, will be proposed as CEO at the next board meeting on the 26th of January 2023

Luxury concerned over new COVID-19 surge in China

Dec 2, 2022 / China
The Asian giant tightened its COVID-19 restrictions last week due to a spike in new COVID-19 cases. This has raised concern about a further slowdown in the country's luxury market

Dior buys prints and manual finishings on leather specialist Art Lab

Nov 29, 2022 / Italy
According to the Milanese business newspaper Il Sole 24 Ore, the Parisian-based House has acquired the Tuscan company specialized in prints and handmade finishings on leather

China: luxury online sales slowdown

Nov 25, 2022 / China
E-commerce sales of luxury products in China declined by 1% in the first nine months of 2022, as compared to the same period of last year, after a slowdown in the second and third quarters
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