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Report: Luxury Brands Offer ‘Unprecedented’ Discounts in China Amid Economic Slowdown
PYMNTS.com· 2 days agoBalenciaga, a part of French luxury conglomerate Kering, has been offering discounts of up to 40% on...
Oversupply and Subdued Demand Are Causing Sales Declines at Chinese Luxury Malls, Bernstein Report...
WWD via Yahoo Finance· 2 days agoHowever, Gucci, Burberry and Salvatore Ferragamo has seen significant decline, “with Burberry seen...
Balenciaga goods are going for 40% off in China
Fortune· 3 days agoBalenciaga — part of French luxury giant Kering SA — averaged a 40% discount on sale items in three of the first four months of 2024, according to people familiar with the ...
Best Sites to Sell Clothes Online 2024
Time Magazine· 14 hours agoAlana Isbell, the owner of My Devil’s Thrift, prefers Depop for her online sales. While you can always donate to local organizations like churches and...
Yoox Net-A-Porter Exiting China, Focusing on More Profitable Markets
PYMNTS.com· 2 days agoYoox Net-A-Porter (YNAP) is reportedly exiting China amid weak consumer spending in that country....
Can a Members-Only App Solve Luxury Fashion's Inventory Problem?
Fashionista via Yahoo Finance· 4 days agoNew retail platform Mile offers discounted designer goods to paid members, while giving brands a way...
$990 for flip-flops? Cheap footwear gets designer makeover, becomes summer’s hot fashion statement
NY Post via Yahoo News· 5 days agoJ. Crew, Mango and Old Navy, per BoF, have debuted their own leather, or faux leather, variations of...
The Fragrance Foundation Awards Celebrate the Category’s Myriad Drivers
WWD via Yahoo News· 6 days ago...Award Winners Fragrance of the Year, Women’s Luxury: Valentino Born in Roma Donna Intense...
Why Pride Marketing Isn’t All Rainbows
Forbes· 5 days agoHot dogs, that is. News broke yesterday that Joey Chestnut, 16-time winner of the Nathan’s Hot Dog Eating Contest on July 4, has been barred from...
The Fashion System Is Creaking. Will It Collapse?
The Business of Fashion· 2 days agoLately, something has not been feeling quite right in luxury fashion. First Kering, and now LVMH and Chanel, seem to be creeping into crisis management...
