Luxury
Executive reshuffle at LVMH
Frédéric Arnault has been appointed CEO of Loro Piana. Meanwhile, Damien Bertrand has been appointed deputy CEO of Louis Vuitton and Fendi CEO Pierre-Emmanuel Angeloglou joins Dior as deputy CEO
Demna named new creative director at Gucci
Demna, who has been creative director of Balenciaga since 2015, has been appointed as the new creative lead at Gucci, the Kering Group, parent to both houses, announced
Donatella Versace leaves the creative helm at Versace
Dario Vitale will be the new creative director of Versace from the 1st of April, the parent company Capri Holdings has announced. Donatella Versace has been appointed Chief Brand Ambassador
Prada reports strong full year 2024 as it eyes Versace purchase
The Italy-based luxury group has reported a full year revenue growth of 17% over 2023, well-above market. The results came as talks of a takeover of Versace from Capri Holdings became public
Saks Global to cut around 5% of its US corporate staff
Saks Global is laying off about 5% of its US workforce, Bloomberg reported, as the department store continues to integrate its recent acquisition of Neiman Marcus
Strong full year 2024 for Hermès
Amidst a challenging macroeconomic environment, the France-based luxury group has reported a strong full year performance, underpinned by solid growth in all regions
Burberry names Charlotte Baldwin as Chief Information Officer
The UK-based luxury label has named Charlotte Baldwin as Chief Information Officer, effective from the end of March. She will be responsible for leading Burberry’s global technology team
Silvia Onofri appointed as the new CEO of Miu Miu
The Italy-based Prada Group has announced the appointment of Silvia Onofri as CEO of its Miu Miu brand. She was president of VF Corp-owned outerwear brand Napapijri until January
Kering reports a 12% decline in full year revenue
The French-based luxury group ended the year in the red once again, with full year revenue down by 12% on the previous year. Sabato de Sarno has since left Gucci
Capri Holdings reports another weak quarter
The owner of Michael Kors, Versace and Jimmy Choo has reported another disappointing quaterly performance, with third quarter revenue down by 11.6% or 11.4% on a constant currency basis on the same period of last year
Mytheresa to be renamed LuxExperience
The luxury e-commerce platform Mytheresa will be rebranded as LuxExperience following the proposed acquisition of Yoox Net-a-Porter (YNAP) from Richemont
Strong second quarter for Tapestry
The US-based company has reported revenue growth in the second quarter, driven by Coach's performance, and increased profitability. As a result, it has again raised its full year guidance
Maison Margiela appoints Glenn Martens as creative director
The OTB-owned luxury brand has found a successor to John Galliano, who left the label in December. Glenn Martens is the new creative director at Maison Margiela
Golden Goose announces new investor
The luxury sneaker company has announced that the Hong Kong-based Blue Pool Capital, founded by Alibaba Group co-founder and chairman Joe Tsai, has acquired a 12% stake in the company
Ferragamo CEO Marco Gobbetti leaves amid slowing sales
The Italy-based luxury group has announced the departure of CEO Marco Gobbetti, shortly after reporting lower preliminary sales for the fourth quarter and full year 2024-
-
Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
-
World Footwear Public Calendar
Click here to subscribe an updated version of the calendar displaying the footwear trade shows.
-
-
-
-
Media Partners
Media Partners
-
Shoes Report
Schuhkurier
Revista del Calzado
MPA Style