I really like the Dior brand. Always have done. I’ve got a Dior coat (bought in a sale), some Dior Fusion trainers (bought on eBay) and a Dior shirt (bought in a vintage store). The first grown-up skincare I bought 38 years ago was Dior. I loved what John Galliano did there and I loved…
M&S released its full-year results this morning. But before we go into the figures. Let’s look back. In the financial year 1997/98, M&S had a clothing market share approaching 14%, pre-tax profits of almost £1.2bn on sales on £8.24bn and was the UK’s most profitable retailer. The company’s decline started in the following financial year…
Given the tough time being faced by the luxury sector at present, predictions around Burberry’s results for the year to March 31 ranged from bad to downright awful. So now that the figures are out, what did we actually get? Well, not bad in the circumstances with plenty of focus on the future. And that…
They say that before you can solve a problem, you have to admit you have one. So it is for Gap Inc. Like an unreformed addict, it’s been working on its turnaround for years but it has never really come out and admitted that the problem is fundamental. Until now. Yesterday, on reporting yet another…
Years ago I used to headline every Coach results story with words like “unstoppable” or “powering ahead”. But then came the inevitable reversal when profits fell off a cliff and it seemed the whole world was buying Michael Kors bags instead. So it’s good news that, after a bruising period, Coach appears to be back…
So it’s a big hug and bye-bye to Francisco Costa and Italo Zucchelli at Calvin Klein. But is it an even bigger hug and a huge hello to Raf Simons at everyone expects? I do hope so. I’m a fan of much of what Costa did at the runway line but I’m an even bigger fan…
Associated British Foods has been expanding its Primark star brand in recent months (its latest launch it Italy). So how is it doing? Times may be tough for many, and Primark isn’t immune, it seems, although it’s still hugely profitable.
The departure of Net-A-Porter founder Natalie Massenet from the newly-merged Yoox Net-a-Porter doesn’t seem to be holding the luxury e-tailer back. The latest evidence of this is that Dubai’s Alabbar Enterprises has paid €100m for a 4% stake. That’s an almost-6% premium on the price the shares closed at yesterday and values the firm at…
Fashion Revolution, the not-for-profit group aiming to boost transparency in the fashion industry, and Ethical Consumer, have released new research highlighting the lack of transparency in the global fashion supply chain. And guess what? It doesn’t make encouraging reading. But some surprising brands score well and some equally surprising ones are bottom of the list.…
So Prada delivered hugely disappointing results on Friday and promised some ideas about how it would turn itself around at a conference call on Monday. That call has happened. Are we any the wiser?
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