China, once hailed as the savior of the luxury sector, is no longer providing the same support as before, at least for now. The industry had relied on a revival in China to offset the sluggishness in the U.S. market. However, this lifeline is no...
Italian luxury brand Valentino has seen sales rise thanks to its directly-owned stores. As Reuters reported Monday (April 24), Valentino enjoyed an 18% increase in core profit for last year, with sales climbing 10% at constant currencies. The company said sales in the shops it...
Amazon and Italian luxury brand Maison Valentino filed a lawsuit against a retailer Thursday (June 18), alleging the company sold counterfeit goods as the trade in the so-called “gray market” continues to draw attention. The suit was filed against Buffalo, N.Y.-based Kaitlyn Pan Group LLC and...
No matter how high end or low end the brand may be, the digital revolution of the personalization-seeking consumer is impacting all retailers. As such, luxury brand Valentino has shared its plans to bump up its omnichannel platform a notch or two for its customers....
July 31, 2023
German footwear brand Birkenstock is reportedly getting set for a listing in the U.S. as soon as September. The brand’s owner, private equity firm L Catterton, which is backed by luxury French fashion house LVMH, is preparing to launch an initial public offering (IPO) with plans to value the sandal maker at more than $8 billion, Bloomberg reported […]
April 24, 2023
Italian luxury brand Valentino has seen sales rise thanks to its directly-owned stores. As Reuters reported Monday (April 24), Valentino enjoyed an 18% increase in core profit for last year,...
April 11, 2017
No matter how high end or low end the brand may be, the digital revolution of the personalization-seeking consumer is impacting all retailers. As such, luxury brand Valentino has shared...
