News from World

tag: Lusso

21 March 2023

Ramadan begins today: how should international luxury brands deal with Ramadan?

Luxury brands are studying how to better respond to the business opportunities of Ramadan, while maintaining a respectful relationship with the holy month. Achieving the right balance requires advance planning. [What makes for a meaningful Ramadan campaign? - voguebusiness.com]

21 February 2023

Cultural Capital Is The Key To Louis Vuitton’s Luxury Lead

Louis Vuitton’s recent bombshell appointment of Pharrell Williams as its new menswear creative director may have surprised some observers, but the move makes perfect sense as luxury brands are moving from merely selling products to becoming cultural influencers. (Source: Jing Daily)

16 February 2023

Focus on Asia’s fashion capitals for Italian brands

Over 70 Italian footwear and leather goods brands traveled to Asia at the beginning of February to participate in events in Seoul and Tokyo (APLF@APLFHK). Italian companies used the events to show Asian buyers their collections for autumn-winter 2023-2024. The Italian Fashion Days took place in Seoul from 1 to 3 February, followed by Shoes From Italy and Moda Italia in Tokyo from 7 to 9 February.

15 February 2023

Jimmy Choo and the difficulties of Covid in China

In the fiscal third quarter ended Dec. 31, Jimmy Choo posted revenues of $168 million, down by 5.6 percent year-over-year on a reported basis but up by 3.4 percent at constant currency rates. The brand’s performance was affected by the surge in Covid-19 cases in China as the country reopened. Excluding mainland China, revenues increased by 10 percent in local currencies. [Jimmy Choo's quarterly sales hit by Covid resurgence in China - shoeintelligence.com]

10 February 2023

South Korea is the world’s 10th-biggest economy and is leading an oriental fashion revolution

But the won has long been treated like an emerging-market currency. The government is trying to change that — and join currencies like the U.S. dollar, euro, and yen — by loosening trading restrictions. The new measures will double the hours of open trading and let international investors deal directly with local brokerages that might offer better rates. South Koreans are the world's biggest spenders on luxury goods and the country is the first and the biggest foreign investor in the RMG and textile sector in Bangladesh

26 January 2023

3D printed luxury shoes with Laser Powder Bed Fusion (LPBF) system at Paris Fashion Week

Two designer brands, Dior and Botter (the latter in collaboration with Reebok and HP), featured 3D printed shoes at Paris Fashion Week, one of the world’s most important fashion events. It’s far from the first time 3D printed footwear has been featured at the event. During its last running in 2022, the Zellerfeld-produced YZY boot was featured. [Paris Fashion Week Made Us Want Some 3D Printed Dior ...- all3dp.com]

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