Luxury Goods
Prada first-quarter revenue rises 3%, driven by sales in Americas region
Group earnings are 1.3 billion euros, below analysts’ consensus of 1.4 billion euros
Head over to Longchamp’s travelling green concept pop-up this long weekend
The French brand’s installation makes its sixth stop in Asia at Raffles City Singapore
Patek Philippe’s grand complications steal the show
The iconic watch brand unveiled 24 new models at Watches and Wonders
Luxury giants slump as Gulf demand seizes up due to war
The war in the Middle East has disrupted oil and gas supplies and darkened the economic outlook with fears of a global inflation crisis
LVMH sales disappoint as Middle East war crimps Dior demand
There are signs that the more exclusive brands are holding up better during the slump
Dolce & Gabbana names ex-Gucci boss Cantino as co-CEO
This comes after its evolution from a fashion brand to a lifestyle company
Hermes sticks with plan to raise output even as war sours mood
The company’s leather-goods plants are all in France and typically employ about 260 artisans
India’s luxury promise hits a wall: not enough malls to shop in
The country now ranks fourth globally in the number of individuals with wealth above US$100 million
Luxury brands from LVMH to Kering defy slowdown with more new store openings in Europe
Fragrances have been particularly popular due to their lower price point when compared to items such as jewellery and watches
In Dubai, the world’s luxury brands face a wartime crisis
Sales in the Middle East will be cut in half in March amid a sharp drop in foreign visitors, a report finds