Breaking News
Trending Now
Featured
Suddenly became popular, the Miu Miu 3,250 RMB hairpin was sold out in Chinese online malls.
The 3,250 RMB hairpin of Miu Miu, the 4,750 RMB glasses cord, and the 42,200 RMB sequined underwear… These products with ridiculously high prices and not very practical are all from the luxury brand Miu Miu. Some netizens joked, "Can you become an immortal by wearing it?" Some netizens also [more ...]
The Gucci crisis deepens and the profit of Kering Group halves.
The luxury goods company Kering Group warned that as the crisis of its largest brand Gucci deepens, profits in the first half of the year will fall sharply. Kering Group issued a announcement on Tuesday, expecting that recurring operating profit in the first six months of this year will decline [more ...]
Kering Group released financial report, and Gucci's profit in the first half of the year decreased significantly.
In the evening of April 23rd, Kering Group released its first-quarter financial report, which showed that its first-quarter revenue decreased by 10% year-on-year. Similarly, the first-quarter performance report previously released by another listed luxury goods company, the Louis Vuitton Group, also showed that the sales revenue decreased by 2% year-on-year. [more ...]
Lululemon closes its Washington distribution center.
The Canadian yoga clothing brand Lululemon Athletica has decided to close its distribution center in Washington, USA before the end of this year and lay off 128 employees. When responding to media inquiries, the company said that after evaluation, the center whose lease expires in July next year will cease [more ...]
Suddenly became popular, the Miu Miu 3,250 RMB hairpin was sold out in Chinese online malls.
The 3,250 RMB hairpin of Miu Miu, the 4,750 RMB glasses cord, and the 42,200 RMB sequined underwear… These products with ridiculously high prices and not very practical are all from the luxury brand Miu Miu. Some netizens joked, "Can you become an immortal by wearing it?" Some netizens also...
The Gucci crisis deepens and the profit of Kering Group halves.
The luxury goods company Kering Group warned that as the crisis of its largest brand Gucci deepens, profits in the first half of the year will fall sharply. Kering Group issued a announcement on Tuesday, expecting that recurring operating profit in the first six months of this year will decline...
Kering Group released financial report, and Gucci's profit in the first half of the year decreased significantly.
In the evening of April 23rd, Kering Group released its first-quarter financial report, which showed that its first-quarter revenue decreased by 10% year-on-year. Similarly, the first-quarter performance report previously released by another listed luxury goods company, the Louis Vuitton Group, also showed that the sales revenue decreased by 2% year-on-year....
Lululemon closes its Washington distribution center.
The Canadian yoga clothing brand Lululemon Athletica has decided to close its distribution center in Washington, USA before the end of this year and lay off 128 employees. When responding to media inquiries, the company said that after evaluation, the center whose lease expires in July next year will cease...
Nike lays off workers, involving 740 people.
The world's major sports shoe group Nike will lay off 740 employees at its headquarters. According to a document provided by Nike to the state government where the headquarters is located in Oregon, the company will launch the second phase of the layoff plan on June 28, involving 740 employees...
Latest Update
More To Read
Suddenly became popular, the Miu Miu 3,250 RMB hairpin was sold out in Chinese online malls.
The 3,250 RMB hairpin of Miu Miu, the 4,750 RMB glasses cord, and the 42,200 RMB sequined underwear… These products with ridiculously high prices and [more...]
The Gucci crisis deepens and the profit of Kering Group halves.
The luxury goods company Kering Group warned that as the crisis of its largest brand Gucci deepens, profits in the first half of the year [more...]
Kering Group released financial report, and Gucci's profit in the first half of the year decreased significantly.
In the evening of April 23rd, Kering Group released its first-quarter financial report, which showed that its first-quarter revenue decreased by 10% year-on-year. Similarly, the [more...]
Lululemon closes its Washington distribution center.
The Canadian yoga clothing brand Lululemon Athletica has decided to close its distribution center in Washington, USA before the end of this year and lay [more...]
Nike lays off workers, involving 740 people.
The world's major sports shoe group Nike will lay off 740 employees at its headquarters. According to a document provided by Nike to the state [more...]
The founder of Christian Louboutin, has seen his personal net worth exceed $1 billion.
The eponymous founder of the French luxury shoe brand Christian Louboutin and well-known designer Christian Louboutin has become a billionaire. The latest report from Forbes [more...]
L'Oreal is considering investing in the Middle Eastern luxury perfume brand Amouage.
Recently, Bloomberg reported that informed sources revealed that the French beauty giant L'Oreal Group is considering investing in Oman's luxury perfume brand Amouage. Informed sources [more...]
Messi's fashion brand business suffered began to change.
After Messi's personal fashion business suffered consecutive losses for three years, it began to change. On March 30th, Argentine football superstar Lionel Messi parted ways [more...]
"King of leopard print" Roberto Cavalli passed away at the age of 83.
April 12th, the eponymous founder of the Italian luxury fashion brand Roberto Cavalli passed away in his hometown of Florence, Italy. He left behind six [more...]
Zara is going to withdraw from China and close more stores.
Recently, the news that the Spanish brand "ZARA will gradually withdraw from the Chinese market" has been circulating on social platforms. According to the Daily [more...]
