G-III reports ‘better-than-expected’ Q1 2027
Net sales at G-III totalled $536m, down 8% compared to Q1 2026, whilst gross margin hit 64.9%, up from 42.2%…
LVMH
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LVMH agrees to sell Marc Jacobs to WHP Global
Under the terms of the agreement, WHP Global and G-III Apparel Group will create a 50/50 JV that will own…
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Week in Review: High and low – a new approach to fast fashion?
With a CV including high-end labels Givenchy, Dior and Margiela, few predicted that Galliano would pivot to high-street brand Zara.…
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Zara ‘elevates brand’ with two-year John Galliano collaboration
The appointment arrives as Zara is targeting consumers seeking elevated mass market products, differentiating itself from ultra-fast fashion players such…
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Who are the 10 biggest fashion companies in the world today?
GlobalData has compiled a list of the biggest fashion companies in the world by sales (2023). While sportswear continues to…
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Bluestar Alliance acquires Off-White from LVMH
The terms of the transaction between LVMH and Bluestar Alliance were not disclosed. LVMH stated it is proud of the…
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Explainer: Why luxury fashion is not immune to ‘sweatshop’ scandals
In June, Dior SRL, an Italian subsidiary of LVMH which manufactures luxury leather goods, was placed under administration by a…
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Tradebyte: Why luxury brands can’t ignore the second-hand marketplace
The second-hand luxury fashion market is booming, driven by evolving consumer attitudes and technological advancements. As shoppers increasingly prioritise sustainability…
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In data: Luxury market to grow to $269bn by 2028 despite headwinds
According to GlobalData's latest report GlobalData's Global Luxury Apparel Market to 2028, while capturing growth in 2024 will remain challenging…
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LVMH, Kering early adopters of nature-related corporate reporting
The first cohort of TNFD adopters will be publishing TNFD-aligned disclosures as part of their annual corporate reporting for the…
