Author: VOG

Even during an industry-wide slowdown, Kering is lagging compared to other luxury players. Rival LVMH’s fashion and leather goods division reported a 1 per cent sales increase in the second quarter, while Richemont also reported sales up 1 per cent in the quarter ending 30 June. Burberry reported that retail sales tumbled 20 per cent year-on-year at constant exchange rates in the first quarter of 2024, and Hugo Boss reported sales down 1 per cent at constant exchange rates. The Moncler brand grew 5 per cent in Q2. Hermès and Prada are to report their numbers in the coming days.Asked…

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“For the time, we still see a lot of Chinese travellers in Japan, which basically says something about the appetite of mainlanders for our brands: it shows no sign of fading away,” LVMH CFO Jean-Jacques Guiony told analysts on Tuesday. “This situation of Japan attracting most of the growth is creating a bit of deflationary pressure in China itself because if you can’t buy at Japanese prices, you don’t buy and wait until you go to Japan. It’s quite complicated to anticipate what will happen in the second half. We have no reason to be pessimistic, but being optimistic would…

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Similarly, Taylor believes there’s a sense of candidness to It Girls that viewers respond well to. “I think the audience enjoys the short-form format and the opportunity to see different outfits and different women in their casual street style looks,” she explains.Some of the shows are opening up the inner sanctums of fashion to the consumer. For example, designer and founder of Knorts Eleanore Guthrie hosts a YouTube series documenting the intricacies of running her independent knit-denim brand. “I share things like showroom meetings, stylist pulls, design development, knitting on my knitting machines, the process of designing and developing a…

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