Author: jack
The Gucci crisis deepens and the profit of Kering Group halves.
The luxury goods company Kering Group warned that as the crisis of its largest brand Gucci deepens, profits in the first half of the year [more...]
Kering Group released financial report, and Gucci's profit in the first half of the year decreased significantly.
In the evening of April 23rd, Kering Group released its first-quarter financial report, which showed that its first-quarter revenue decreased by 10% year-on-year. Similarly, the [more...]
Lululemon closes its Washington distribution center.
The Canadian yoga clothing brand Lululemon Athletica has decided to close its distribution center in Washington, USA before the end of this year and lay [more...]
Nike lays off workers, involving 740 people.
The world's major sports shoe group Nike will lay off 740 employees at its headquarters. According to a document provided by Nike to the state [more...]
The founder of Christian Louboutin, has seen his personal net worth exceed $1 billion.
The eponymous founder of the French luxury shoe brand Christian Louboutin and well-known designer Christian Louboutin has become a billionaire. The latest report from Forbes [more...]
L'Oreal is considering investing in the Middle Eastern luxury perfume brand Amouage.
Recently, Bloomberg reported that informed sources revealed that the French beauty giant L'Oreal Group is considering investing in Oman's luxury perfume brand Amouage. Informed sources [more...]
Messi's fashion brand business suffered began to change.
After Messi's personal fashion business suffered consecutive losses for three years, it began to change. On March 30th, Argentine football superstar Lionel Messi parted ways [more...]
"King of leopard print" Roberto Cavalli passed away at the age of 83.
April 12th, the eponymous founder of the Italian luxury fashion brand Roberto Cavalli passed away in his hometown of Florence, Italy. He left behind six [more...]
Zara is going to withdraw from China and close more stores.
Recently, the news that the Spanish brand "ZARA will gradually withdraw from the Chinese market" has been circulating on social platforms. According to the Daily [more...]
Ted baker bankrupt|Ted Baker closes 15 stores in the UK and lays off 200 staff.
Founded in 1988, Ted Baker is a well-known British boutique brand with an elegant British style that is deeply loved by consumers, and even Kate, [more...]