Kering launches €1.2 billion bond issue
May 11, 2020 11:05 amKering has launched a €1.2 billion dual-tranche bond issue after its sales were impacted by the covid-19 outbreak. The owner of luxury brands such as Gucci,... View Article
Tag Archive: luxury brands
Latest News: luxury brands
Burberry gives covid-19 update on protecting employees and communities
April 24, 2020 9:09 amLuxury brand Burberry has given an update on the steps it is taking to support its employees, customers and communities throughout the coronavirus crisis. The company... View Article
Coach chief executive to depart business
March 11, 2020 5:28 amCoach, the luxury accessories brand, has announced that its chief executive and brand president Joshua Schulman is to leave the business after a transition period. Furthermore,... View Article
Prada appoints Raf Simons as co-creative director
February 24, 2020 7:51 amLuxury brand Prada has announced that Raf Simons will be joining the business as co-creative director. Due to take up his position on 2 April, he... View Article
Burberry says coronavirus is impacting sales in China
February 7, 2020 9:42 amLuxury brand Burberry has said the coronavirus outbreak is having a negative impact on sales in China and Hong Kong. In a statement, the company said... View Article
The world’s wealthiest shoppers spend an average of €35,000 in UK stores
February 4, 2020 7:21 amA new study has found that the world’s wealthiest international shoppers spend an average of €35,000 in stores when they visit the UK. The amount spent was... View Article
Burberry raises full year guidance following popularity of new lines
January 22, 2020 10:02 amBurberry has raised its full year guidance after its new collections proved popular with customers in its third quarter. Comparable store sales climbed by 3% in... View Article
Burberry to take its autumn/winter runway show to Shanghai
January 20, 2020 7:36 amLuxury fashion brand Burberry has announced plans to take its autumn/winter 2020 runway show to Shanghai. Due to take place on 23 April, the show will... View Article
Fiona Firth promoted to managing director role at Mr Porter
December 20, 2019 7:42 amYoox Net-a-Porter has promoted Fiona Firth to the position of managing director of Mr Porter. Firth joined Mr Porter in 2016 as buying director and during... View Article
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