While multibrand luxury fashion retail is on the ropes, Mytheresa just posted 10% year-over-year growth in fiscal 2024, led by a 25% uptick in the U.S.
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Diane Von Furstenberg Is Reinventing Her DVF Brand, Again
Diane von Furstenberg has brought on fashion industry veteran Graziano de Boni to turnaround the DVF brand and company.
American Luxury Consumers Pull Back, Challenging LVMH, Ralph Lauren, Capri And Tapestry
Affluent Americans are pulling back in luxury spending. LVMH, Tapestry, Capri Holdings and Ralph Lauren are seeing the results in their latest earnings reports.
Farfetch’s Turnaround Begins Under Coupang Leadership
Though still in early days, luxury fashion marketplace Farfetch seems to have found a good home at Coupang under leadership of founder and CEO Bom Kim.
Why Dermatological Beauty Is L’Oréal’s Growth Leader
L’Oréal Dermatological Beauty is its fastest growing division while Luxury has slowed. After investing in Galderma, it is bolstering its position in dermatology.
