Uncategorized

Translated by Nazia BIBI KEENOO Published July 30, 2025 Prada Group reported a 9% increase in first-half sales at constant exchange rates on Wednesday, defying the luxury sector’s slowdown thanks to the strong performance of its smaller but fast-growing brand Miu Miu, even as its core Prada label declined. Miu Miu powers Prada Group’s growth […]

Translated by Nazia BIBI KEENOO Published July 30, 2025 Zegna Group reported a slowdown in the second quarter, with revenues totaling €468.9 million ($539.2 million), down 3% on an organic basis and 6% year-on-year. Direct retail offered a positive signal, rising 8%. See catwalkZegna – Spring-Summer 2026 – Menswear – Dubai – ©Launchmetrics/spotlight Sales for

Pitch Live is to make a return to Birmingham’s Autumn Fair (7–10 September) providing a platform “where creativity meets opportunity” as part of the competition-based event’s “commitment to fostering innovation, supporting emerging brands, and driving retail success”. Here, exhibitors can pitch their latest product innovations in a ‘Dragons’ Den’-style format, “gaining invaluable feedback, increasing brand

By Reuters Published July 30, 2025 Shares in French luxury group Kering rose on Wednesday as investors reacted positively to the company’s leadership changes and new strategic direction aimed at reviving growth. The uptick came despite weak second-quarter results, particularly from Gucci. Kering stock rises as Luca de Meo named CEO – Reuters Following this

By AFP Translated by Nazia BIBI KEENOO Published July 30, 2025 L’Oréal CEO Nicolas Hieronimus says the new 15% US tariffs are “not good news” for Europe’s cosmetics industry, but notes the impact will be manageable for the French beauty giant. Nicolas Hieronimus – L’Oreal “We’re going from 0% to 15%, so we’re not happy,”

By Bloomberg Published July 30, 2025 The enigma surrounding Hermès shares worth about €14 billion ($16.2 billion), once inherited by a member of the luxury brand’s founding family, is finally starting to unravel. Dumas says €14 billion ($16.2 billion) Hermès stake no longer held by Puech. – Bloomberg Hermès International SCA believes the family member,

By AFP Translated by Nazia BIBI KEENOO Published July 30, 2025 The French luxury brand Hermès reported on Wednesday a 5% decline in first-half net profit to €2.2 billion ($2.53 billion), impacted by an exceptional corporate contribution. However, sales rose by 7.1% to reach €8 billion ($9.2 billion). Hermès – Fall/Winter 2025–2026 – Womenswear –

Revo, the influential forum for retail-led, mixed-use real estate, has a new chair, two new key board members, and has introduced a new streamlined governance structure. URW Northern Europe MD Jacinta Rowsell takes non-exec role at Revo And those two board members are big hitters in the sector: Jacinta Rowsell is also managing director, Customer &

If anyone thought Miu Miu was set to run out of steam any time soon, they couldn’t be more wrong. The Prada-owned brand that has been on a remarkable high in recent years is still up there and it’s back at number one in the newly released Lyst index for Q2. See catwalkMiu Miu –

UK health & beauty giant continues to ramp up the opening of new supersized flagship stores with the latest targeting Highcross Leicester shopping and leisure destination this autumn. Superdrug With a 10-year lease, it takes over two large units on the lower mall, spanning 9,000 sq ft, and “marks a significant ongoing commitment from the