Revenue in the fiscal quarter that began in March is expected to decline 2 to 4 percent.
Category: Fashion
Category Added in a WPeMatico Campaign
Harrods’ Closure of Compensation Scheme for Survivors of Alleged Sexual Abuse Called ‘Neither Fair Nor Just’
The programme was established after dozens of women came forward with allegations of abuse by former Harrods owner Mohamed Al Fayed.
The Face Magazine to Shutter
Seven years after its relaunch, the cult British magazine is closing in its ‘current iteration.’ Longtime editor-in-chief Matthew Whitehouse exited the publication in January.
Should Luxury Stop Worrying and Learn to Love AI Imagery?
From Warhol to Jordan Wolfson, art is often driven by the tools that once terrified it. Prada’s polarising Wolfson campaign makes the case that AI is no different.
Luxury Brands Target ‘Desirability First’ — But How to Measure It?
Kering boss Luca de Meo is reconfiguring CEO incentives with a focus on desirability over top-line growth. AI has made it easier to process data from surveys, social media and more — putting desirability in the spotlight across the industry.
Is AI Antithetical to Luxury?
The reaction to Prada’s unsettling new campaign reveals an emerging sentiment in online audiences who see AI and luxury as incompatible.
How Dwayne Johnson Made a Skincare Brand Men Actually Buy
The ‘everyman’ skincare market is moving towards premiumisation, as brands like Johnson’s Papatui ditch traditional one-note marketing for a more considered approach.
Puig, Estée Lauder Companies Considering Merger
The Spanish owner of Byredo, Rabanne and Charlotte Tilbury and the American conglomerate confirmed on Monday that they are in discussions to combine their businesses.
Why H&M’s Sustainability Report Is So Unusual
The Swedish fast-fashion retailer is one of a shrinking number of companies that’s still drawing attention to its emissions goals. Plus, a Shanghai Fashion Week preview.
The Zara-Fication of John Galliano
Fashion’s enfant terrible is trading exclusivity for the mass market. Is it the ultimate fashion coup, or the final surrender of prestige?