Today: September 21, 2024
Today: September 21, 2024

Latest From Mimosa Spencer

Business|Europe|Fashion and Beauty

LVMH's Dior recruits Miu Miu CEO as managing director

Christian Dior Couture has recruited Benedetta Petruzzo, the CEO of Prada's fast growing Miu Miu label, as its managing director, the LVMH-owned brand said on

LVMH's Dior recruits Miu Miu CEO as managing director
Business|Economy|Fashion and Beauty

Birkin handbag maker Hermes outshines rivals with big sales jump

Birkin-bag maker Hermes reported a 13% rise in second-quarter sales on Thursday, demonstrating the continued appetite from wealthy shoppers for its luxury handbags,

Birkin handbag maker Hermes outshines rivals with big sales jump
Business|Economy|Europe|Fashion and Beauty

Gucci-owner Kering forecasts 30% fall in H2 operating profit on sluggish China demand

Kering reported a bigger-than-expected drop in second-quarter sales and forecast a weak second half, as the French luxury group works to revive its key label Gucci

Gucci-owner Kering forecasts 30% fall in H2 operating profit on sluggish China demand
Business|Economy|Europe

LVMH sales miss estimates as Chinese market slows

LVMH sales growth slowed in the second quarter as Chinese shoppers reined in spending on high-end fashion at home, even as demand in Western markets slightly picked

LVMH sales miss estimates as Chinese market slows
Business|Europe|Fashion and Beauty

New Burberry chief faces tough choices on high-end ambitions

Burberry's new boss Joshua Schulman faces an immediate strategy dilemma.

New Burberry chief faces tough choices on high-end ambitions
Business|Economy

Luxury brands feel the sting as Chinese growth slows

The prolonged downturn in luxury spending in China is unlikely to reverse this year, analysts and executives warn, deepening a rout which has wiped almost $200

Luxury brands feel the sting as Chinese growth slows
Arts|Entertainment|Lifestyle

Pharrell Williams kicks off Paris Fashion Week with Louis Vuitton show at UNESCO

Louis Vuitton men's creative director Pharrell Williams took to an outdoor, turf-lined runway at UNESCO headquarters on Tuesday, opening Paris Fashion week with an

Pharrell Williams kicks off Paris Fashion Week with Louis Vuitton show at UNESCO
Arts|Entertainment|Lifestyle

Hermes shows breezy summer styles for men on Paris runway

With pleated Bermuda shorts, muted pastels and cinched parkas, French label Hermes presented a breezy summer 2025 collection at Paris Men's Fashion Week that was

Hermes shows breezy summer styles for men on Paris runway
Arts|Entertainment|Lifestyle|Sports

Dior nods to sports with jersey fabrics in Paris haute couture show

Christian Dior designer Maria Grazia Chiuri nodded to sports with an haute couture runway show in Paris on Monday that featured jersey fabrics worked into draped,

Dior nods to sports with jersey fabrics in Paris haute couture show
Arts|Entertainment|Lifestyle

Chanel takes haute couture fashion to Paris Opera house

Chanel held its haute couture show at the Paris Palais Garnier Opera house on Tuesday, displaying a lineup of sparkly evening wear that ranged from trim,

Chanel takes haute couture fashion to Paris Opera house
Arts|Entertainment|Lifestyle

Giant cats stalk the catwalk at the Dior men's show

Dior men's artistic director Kim Jones showed his summer 2025 collection for the LVMH-owned label on a Paris runway decorated with giant cat sculptures on Friday.

Giant cats stalk the catwalk at the Dior men's show
Business

L'Oreal Q4 sales up 6.9% despite decline in North Asia

Cosmetics group L’Oreal reported a 6.9% rise in fourth quarter sales, slower growth than in the previous quarter, as its travel retail business continued to feel

L'Oreal Q4 sales up 6.9% despite decline in North Asia
Business

Luxury slowdown prompts fears of inventory pile-up over key holiday season

Early holiday shopping season discounts from high-end fashion retailers like Bergdorf Goodman on New York's Fifth Avenue raised concern that a lacklustre Christmas

Luxury slowdown prompts fears of inventory pile-up over key holiday season
Business

Luxury slowdown further challenges Gucci revival

French luxury group Kering's sales are likely to have slowed again in the third quarter as it seeks to reignite its star label Gucci under a new creative direction

Luxury slowdown further challenges Gucci revival
Business|Economy|Travel

Chanel to open more stores in China even as growth shifts abroad

Chanel plans to invest in opening more stores in mainland China despite a shift in spending by Chinese shoppers to other markets as they resume travelling, the

Chanel to open more stores in China even as growth shifts abroad
Business|Economy|News|World

Hermes quarterly sales jump 17% on strong China demand

Birkin bag maker Hermes reported a 17% surge in first-quarter sales on Thursday, sustaining a rapid growth rate from the previous quarter including in China, and

Hermes quarterly sales jump 17% on strong China demand
Business|Lifestyle

Luxury prices in spotlight as Chanel enters new chapter

The departure of Chanel's top designer early Thursday sent ripples across the $1.62 trillion luxury goods industry at a time when all the major global players are at

Luxury prices in spotlight as Chanel enters new chapter

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