Tag Archives: luxury goods

McDonald’s Boycott of Russia Heralds a New Cold War

Loading In an email to staff, PepsiCo chief executive Ramon Laguarta noted that the company entered the Russian market at the height of the Cold War, saying it had “helped create a ground of agreement between the United States and the Soviet Union”. Unilever – a major producer of food and hygiene products – announced […]

Chanel announces further price increases in Europe and Asia – WWD

PARIS — Bad news for Chanel customers: the French luxury house is raising its prices again. Bruno Pavlovsky, president of fashion and president of Chanel SAS, said the brand was increasing the cost of its four main handbag styles and its spring ready-to-wear collection by 6% in the euro zone, 5% in the UK, 8% […]

Dammy Richie is dead, what happened? Cause of death Dharmie Richie?

Nigerian expat Dharmie Richie is threatening to expose the fake life of Dubai-based self-proclaimed Gucci guru elder Hushpuppi. According to Dharmie Richie, Hushpuppi lived a fake life, always borrowing money just to charge his phone. Below are pictures of cool Nigerians who are richer than Huspuppi but loyal and humble, check out the top 8 […]

Louis Vuitton doubles down on exotic skins with new handbag workshops – WWD

VENDOME, France — Louis Vuitton reinforced its commitment to using exotic skins in its handbags, with the official inauguration on Tuesday of its last two leather goods workshops in France. In the context of the French presidential campaign and the aggravation of the crisis linked to the movements of Russian troops in Ukraine, a large […]

Facebook, Instagram are hotspots for fake Louis Vuitton, Gucci and Chanel

NEW YORK/MILAN, Feb 9 (Reuters) – Facebook owner Meta Platforms (FB.O) is working to stop counterfeiters from selling fake luxury goods from Gucci to Chanel through its social media apps, according to reports. searches and interviews, as the company thunders into e-commerce. Its platforms have become hotspots for infringers who exploit their range of social […]

Capri raises revenue forecast as luxury fashion demand soars

People walk near a Michael Kors store in Lakewood, Colorado June 1, 2016. REUTERS/Rick Wilking Join now for FREE unlimited access to Reuters.com Register Feb 2 (Reuters) – Michael Kors owner Capri Holdings Ltd (CPRI.N) reported a 24% rise in holiday quarter sales on Wednesday and raised its outlook for the full year, extending a […]

Molly Mae Hague gets parking ticket after leaving £2,300 worth of luxury goods in £32,000 Range Rover

MOLLY-Mae Hague ended up getting a parking ticket as she parked illegally in Manchester city center yesterday. The 21-year-old shocked passers-by as she left £2,300 worth of luxury goods on display in the front seat of her £32,000 Range Rover. 5 Molly-Mae Hague managed to get another parking ticket last night 5 The star left […]

Rolling trash cans used to steal $ 460,000 worth of luxury goods from Louis Vuitton store: police

Police are asking the public for help in identifying a man who allegedly stuffed luxury goods from the Louis Vuitton flagship store in Sydney into two wheelie bins in the early hours of New Year’s Day. The man, who appears in CCTV footage as wearing a baseball cap by Italian luxury designer Fendi and Asics-branded […]

The hidden bell of the state of the Chinese economy – The diplomat

Advertising Indicators of the real state of the Chinese economy are not found only in the debt, growth and output statistics released by the Chinese government. Indeed, a defining indicator of China’s economic situation can be found in an unlikely commodity sector: pearl jewelry. Affluent Chinese women have significantly reduced their purchases of expensive saltwater […]

Auctions hit record $ 15 billion, fueled by young collectors

Artist Chris Carnabuci stands in front of his sculptures by George Floyd and Breonna Taylor (left) featuring Laolu Senbanjo’s painting, otherwise known as Laolu NYC, “at the Sotheby’s auction house in New York City December 9, 2021. Ed Jones | AFP | Getty Images The Big Three auction houses have hit record sales of $ […]

Zegna’s fashionable IPO path begs the question: is this the next big fashion trend?

To further secure its supply chain, Zegna has teamed up with Prada this year to each buy 40% of Italian cashmere producer Filati Biagioli Modesto, and Mr Zegna said Zegna could use the proceeds from the IPO. to invest more in Italian textile manufacturing. The coronavirus pandemic: what you need to know Map 1 of […]

Lil Uzi claims his insurance harassed him for the forehead diamond

Lil Uzi Vert recently revealed that his insurance company believed he was trying to kill himself when he had his $ 24 million pink diamond implanted in his forehead earlier this year. During an appearance on Twitch streamer Trainwreck’s scuffed podcast Last Friday (December 10), the Philadelphia rapper detailed his experience with the expensive trinket, […]

Exclusive: Burberry launches rental and resale with My Wardrobe HQ

“Our partnership with My Wardrobe HQ is complementary to our broader strategy to become climate positive by 2040, supporting the principles of a circular economy for luxury,” said Pam Batty, vice president of the corporate responsibility at Burberry. “This includes expanding reuse, repair, donation and recycling routes and developing new partnerships and reclamation solutions. “ […]

Where to buy second-hand designer handbags and clothing

NY Post may be compensated and / or receive an affiliate commission if you purchase through our links. Reduce, reuse, recycle… and resell. With luxury goods, it’s the new way to shop. Not only are you giving amazing handbags and designer clothes a second life, you save money and walk away with Chanel, Prada, Gucci […]

Forbes India – Luxury brand, Versace, Prada, Louis Vuitton: why the pandemic failed to deter sales of luxury brands in India

According to Statista, the Indian luxury goods market revenue is $ 5,943 million in 2021. The market is expected to grow by 8.03% per year (CAGR 2021-2025). Image: Shutterstock /> The pandemic may have restricted international travel, but it hasn’t stopped the luxury connoisseur from picking up his favorite Hermès bag, Armani suit or MF […]

As Christmas approaches, armed robberies disrupt U.S. retailers, World News

U.S. retailers and luxury store owners are stepping up security as a wave of armed robberies has left these establishments stunned, especially in San Francisco and beyond. Whether these flights take place just in the run-up to the holiday season has become a matter of concern. In the most shocking of recent thefts, around 80 […]

Smash-and-grab attacks hit upscale California stores at the start of the holiday season

U.S. retailers are stepping up security and locking up merchandise after flash mob heists involving dozens of both stunned thieves at luxury stores in the San Francisco area and southern California, as the holiday shopping season is opening. In the most shocking of recent thefts, around 80 people masked in 25 cars raided a Nordstrom […]

Luxury Nets brand handbag reseller $ 20M

The used luxury goods supplier Luxury brand landed $ 20 million in funding provided by Provident Capital Partners. According to a press release issued on Monday, November 22, the funding will allow the Irvine, Calif.-Based company to expand its business, primarily in North America, and generate business around the world, both in B2B and B2C […]

Wearing exclusive designer clothes is so last season

“If only we could find the dumpster before they light the match.” This was the joke that was circulating a few years ago when it emerged that Burberry Group Plc had burned millions of dollars of expensive designer goods it couldn’t sell. Read also : Shopping for a new swimsuit? Try a recycled one But […]

2021: the year of luxury fashion consumers in China

What happened: A report released by consultancy firm Oliver Wyman predicts that the surge in the number of first-time luxury fashion buyers will trigger an 88% increase in China’s luxury fashion market in 2021. Of the society New faces of Chinese luxury buyers report shows that the preferences of young consumers will soon reshape the […]

Luxury jeweler Cartier defies pandemic to sign flagship lease

The ground and pavilion building was designed by FJMT Architects and includes five levels of shopping and retail space, a rooftop bar and flagship retail stores. The owners, Brookfield Properties and Oxford Investa Property Partners (OIPP) undertook a $ 200 million transformation of the office tower and created the retail space on the corner of […]

6 luxury showcases from around the world

WITH THE AUTHORIZATION OF CARTIER WHEN A STORE SHOWS good, it inspires us to touch, try and buy. But when cutting-edge architecture meets luxury fashion, something truly magical happens. We have the gift of an immersive and aesthetic experience, where the senses absorb the interiors of the store and the items similar to those of […]

Luxury brand coach to stop destroying unusable merchandise after TikTok outrage

Coach took his commitment to a sustainable future very seriously. Coach announced that he will no longer destroy the damage and unusable handbags returned to his stores. The announcement follows a virus TikTok Video who accused the luxury brand destroy unwanted objects. The reaction of followers to the coach announcement is generated by a viral […]

In an apparent attempt to crack down on resale, Chanel sets up a quota system for some of her bags

Chanel is taking a tough stance on sales of certain handbags and leather goods, with the French fashion house making headlines this week for placing a strict limit on the number of bags consumers in certain markets can buy over a period of one year. . The Korea Times reported that in the wake of […]

Chanel limits South Korean buyers to buying 1 bag per year

Chanel limits its South Korean customers to “one bag, per person, per year” on certain products. Purchase limits apply to two popular handbag lines and the brand’s small leather goods. Korean media reported that purchasing limits were likely put in place to prevent dealers from taking bags during mass transport. Loading Something is loading. South […]

Prada doubles its sleek triangular logo in the apparent game to strengthen its rights and diversify its offerings

For their first physical show since teaming up to take on Prada’s most important creative role, longtime Creative Director Miuccia Prada and new partner Raf Simons, who joined the brand last year, have simultaneously sent nearly 40 looks on models in Milan and Shanghai. following on from a presentation they called a “new possibility” by […]

Prada Takes Shanghai Wet Market to Attract Chinese Gen Z Shoppers, Lifestyle News

A Prada marketing campaign drew rave reviews among Gen Z consumers in Shanghai as young fashion lovers rushed to get a taste of the Italian brand’s design in their damp local market. At the Wuzhong Wet Market on Wulumuqi Road M on Wednesday (October 6) afternoon, hundreds of shoppers – most of whom were in […]

How Fashionphile’s Sarah Davis went from eBay to leading multibillion-dollar luxury goods resale market

Luxury fashion resale has a time. Thanks to companies like California-based Fashionphile, consumers can purchase $ 2,000 Chanel handbags and $ 800 Manolo Blahnik stilettos for a fraction of the price. Founder and President Sarah Davis was just a law student when she launched Fashionphile as an eBay store in 1999. Since then, the brand […]

Why are there so many fakes on Amazon? Spotting Amazon fakes and how to avoid them

To share Tweeter To share To share E-mail Fake toys, fake electronics, fake pills and downright dangerous goods: Amazon, the “store for everything,” really has almost everything. Is this something to be expected from such a large online store or a major problem? You decide how much risk you are willing to take. With users […]

“Louis Vuitton (LVMUY) is on the verge of continuing to increase its total return for its shareholders”

Polen Capital, an investment management firm, has released its second quarter 2021 letter to investors “Polen International Growth” – a copy of which can be found downloaded here. The fund returned 5.57% for the second quarter of 2021, outperforming its benchmark MSCI All Country World which returned 5.47% for the same period. You can check […]

Luxury Goods Market Size, Growth Drivers, Regional Outlook and Forecast 2021-2028

New Jersey, United States, – Verified Market Research has published a new Luxury goods market 2021-2028 growth survey report which includes data and statistics related to market structure and size. The aim of the research is to provide market insight and strategy to help policymakers make informed investment decisions and identify potential gaps and growth […]

Meet Africa’s Top Fashion Influencers – WWD

PARIS – With an ever-expanding middle class, Africa holds untapped potential for luxury brands. But who are the influencers who move the needle on the continent and beyond? Nowadays, global brands like Louis Vuitton, Prada and Hermès compete with a growing number of local brands, as designers like Rich Mnisi, Kenneth Ize, Hanifa and Thebe […]

Is the luxury brand Hermès International a listed company?

There are apparently more people walking around with Birkin handbags in 2021. Hermès International, the maker of the expensive handbags, recently reported record revenues. If you want to recoup some of the profits and invest in Hermès, you are in luck. Hermès is a listed company. The article continues under advertisement The French luxury brand […]

Criminal gang sells fake clothes, luxury goods are dismantled

Phil Taylor, 03-Aug-2021 Spanish and Portuguese police seized around 60,000 counterfeit designer clothes, accessories and luxury goods worth 16.5 million euros ($ 20 million), making eight arrests and 33 other suspects were reported to the authorities. The July 21 operation focused on the sale of counterfeit items in the Spanish towns of La Jonquera and […]

The most expensive handbag in the world and who it belongs to

Through Thobile Mazibuko Jul 6, 2020 Share this article: To shareTweeterTo shareTo shareTo shareE-mailTo share Have you ever wondered why handbags are so expensive? Well, they’re not just an accessory, they’re an investment. A quality handbag should last at least five years and should be able to carry all of your essentials. According to Business […]