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Prada Group

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Luxury goods positioned at accessible price points are a key industry battleground, and increasingly the core revenue drivers of some of the fastest growing luxury goods players, including Mulberry, Jimmy Choo, Burberry, Coach and Michael Kors. But is this democratisation of luxury a good thing for the industry, or is there a risk of diluting status consumption culture?

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China's rise over the past two decades as the leading location for apparel sourcing has had a knock-on effect on Hong Kong's role in the global garment industry, shifting it from a manufacturer to a servicing and sourcing centre. It will take on even more diverse roles in the future, according to industry executives speaking at recent conferences in Hong Kong. Vicky Sung reports.

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Some of the biggest names in fashion have been told by European Union (EU) industry commissioner Antonio Tajani that their design and craftsmanship would enable the sector to hold its own in an increasingly competitive global marketplace.

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After a period of decline the Italian clothing and textile industry is again winning plaudits by playing its trump card: 'Made in Italy'. Joe Ayling reports on the significance of 'Made in' labels to Italy, and how a stable of luxury brands has conserved the country's reputation for quality.

Publicly available information reveals very little on how - apart from auditing suppliers – brands and retailers address forced labour risks in countries where they produce hides, process leather, and manufacture leather goods. However, German sportswear giant Adidas marks the exception, new research shows.

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UK retailer Marks & Spencer has topped a new benchmark ranking that aims to incentivise companies in a race to the top for the moral and commercial advantages of a strong human rights record.

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Italian fashion house Prada has said it is reviewing its organisation to streamline processes after reporting a 26.4% profit slide for the first nine months of the year. 

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Italian fashion house Prada has said it will continue to review its business processes, after posting a 23% decline in first-half profit.

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Italian fashion house Prada has said it will continue to review its business processes, after posting a 23% decline in first-half profit.

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Italian fashion house Prada has said it will continue to review its business processes, after posting a 23% decline in first-half profit.

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Italian fashion house Prada saw earnings in its first-quarter slide as the company faced headwinds and difficult market conditions in Asia Pacific.

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Italian fashion house Prada said a slowdown in the rate of growth and an increase in costs linked to retail network expansion hit operating margins in its last fiscal.

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Italian fashion house Prada has said it is taking further action to improve its operating performance after revealing a drop in third-quarter earnings and sales.

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Italian fashion house Prada is to merge with parent company Gipafin Sarl by the end of the year as part of a corporate streamlining process.

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Italian fashion house Prada is to merge with parent company Gipafin Sarl by the end of the year as part of a corporate streamlining process.

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The most-read stories on just-style this week include the news that Prada has acquired a French leather tannery, an analysis on how product lifecycle management (PLM) systems can speed up processes from design to delivery, and plans by China's Jiangsu Lianfa to build US$44m a textile plant in Kenya.

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Italian fashion house Prada has acquired Tannerie Mégisserie Hervy, an historical French leather tannery located in Isle, near Limoges.

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Italian fashion house Prada has acquired Tannerie Mégisserie Hervy, an historical French leather tannery located in Isle, near Limoges.

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Italian fashion house Prada has booked a drop in first-half earnings due to weakness in Europe, and said there are no signs of improvement in the short term.

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Italian fashion house Prada has booked a drop in first-half earnings due to weakness in Europe, and said there are no signs of improvement in the short term.

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Italian fashion house Prada has seen sales growth slow during the first half, due to unfavourable exchange rates and weaker demand in Asia and Europe.

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Italian fashion house Prada has seen sales growth slow during the first half, due to unfavourable exchange rates and weaker demand in Asia and Europe.

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Italian fashion house Prada has seen sales growth slow during the first half, due to unfavourable exchange rates and weaker demand in Asia and Europe.

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US-based intimate apparel brand Spanx has hired former Nike global apparel and footwear executive, Jan Singer, as its chief executive officer.

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Italian fashion house Prada says it does not expect unfavourable foreign exchange trends to weigh on growth plans, after posting a 24% decline in first-quarter profit.

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Italian fashion house Prada says it does not expect unfavourable foreign exchange trends to weigh on growth plans, after posting a 24% decline in first-quarter profit.

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Italian fashion house Prada says it does not expect unfavourable foreign exchange trends to weigh on growth plans, after posting a 24% decline in first-quarter profit.

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The world’s top 10 apparel brands have grown in value by 29% and are now worth close to US$100bn, according to the 2014 Brandz Top 100 Most Valuable Global Brand rankings.

Burberry won two awards at this year's British Fashion Awards. The luxury brand was awarded designer brand of the year and menswear designer of the year.

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The latest listing of the best global brands might be dominated by the technology, financial services and automotive sectors - but apparel, sporting goods and luxury names managed a strong showing too.