The American footwear and accessories group announced on Wednesday that its revenues for the fourth quarter ended March 31, 2021, totaled $361.0 million, an increase of 0.5% from $359.2 million in the prior-year period.
Covid-19 has boosted e-tail, especially for multibrand sites and leading luxury labels, according to a study by Bernstein for Altagamma. An evolution that means other labels need to rethink their commercial strategy.
Mulberry's trading update has revealed that — unlike many companies in the wake of lockdowns in the last year — it will report “a small underlying profit before tax” for the 12 months to the end of last month (FY21).
Frasers Group continues to be one of the most active UK retailers in terms of new store openings and on Monday – as Scottish non-essential stores were allowed to reopen – it unveiled its newly refurbished Cruise store.
French luxury goods group LVMH will increase its stake in fashion company Tod’s to 10%, Tod’s said, in a move which sources described as “friendly support” for the Italian struggling leather goods maker.
Hermès had a good first quarter as all of its business lines returned to growth and the company said it saw "a remarkable increase" in ready-to-wear and accessories, as well as watches and other categories.
The German luxury e-tailer announced on Wednesday that, as part of its aggressive expansion strategy in the U.S. and Canada, Heather Kaminetsky will be joining the company as president for North America on June 1, 2021.
Burberry’s chief creative officer Riccardo Tisci dedicated his latest collection to warrior women like his mother; a homage to feminine power featuring all manner of flags, unveiled online on Wednsday.
Just short of a year after his appointment as the crystal maker’s CEO, Robert Buchbauer has reaffirmed the 126-year old company’s dedication to sustainability with the announcement of six new key commitments.