Bottega Veneta’s having a tough time of its at the moment. Formerly a growth star at Kering, it appears to be one brand that’s suffering from the luxury downturn more than some others. And that’s made worse by its Kering stablemates Gucci and Saint doing so spectacularly well.
Some press releases drive me mad and this one really did it for me today. No, it didn’t contain words like “I’m thrilled to be…” or “we’re so excited”, the kind of pointless puff that send me instantly to the delete button. Instead, because the Marc Jacobs Beauty brand likes to spell its name in lower…
Is it really that time already? You know, that moment when you’re bored, you casually glance at Vogue Runway to see if there’s a straggler SS17 or Resort 17 collection among all the Tbilisi Fashion Week shows and Bridal Fashion Week shows. Then you see it. Those words. Pre. Fall. 2017. Aaarrgghh.
All of a sudden this year it feels like I can’t ignore Christmas ads. It used to be that it was only the big seasonal campaigns that felt that way. But since retailers committed mega budgets to Christmas and starting getting ultra competitive about who wins the ‘likes’ war, well it’s just one more Christmas…
We’ve heard about pureplay e-tailers adding stores to maximise omnichannel opportunities. And we’ve heard about physical retailers boosting their online ops. But it’s rare that we hear about brands going pureplay, outside of a few tiny indies who’ve realised that trying to make a little store on a local high street pay is madness when…
L2 is back and just waiting to tell fashion businesses how badly they’re doing at digital. Quite right too. Anyway, at least this time the performance tracker isn’t blasting the luxury sector, it’s mass-to-premium retail that’s under the spotlight. So how are the assorted ranks of footwear, beauty, homewares and fashion brands doing? Well, actually…
Now that’s what I call a trading statement. SuperGroup I mean. In the same week as M&S reported retail Armageddon and online sales barely moving, SuperGroup today said the half year to October 29 saw group revenues up 31.1% to £334m and its online sales soared 25%.
For someone who usually has a lot to say I’m (almost) lost for words. Waking up on November 9 2016 feels like June 24 2016, only 100 times worse. So what has this year taught us? Lying is ok. Demonising Poles, Romanians, women, Mexicans, Muslims, and just about anyone else is perfectly ok.
So M&S is closing 30 UK stores, focusing on food only in some locations and generally taking radical steps to fix itself. Well, it’s about time. The company said today that its half-year revenue rose just 0.9% to £4.99bn but its underlying pre-tax profits plunged on the back of Clothing & Homewares struggles. It also…
Holiday season campaigns are starting to come through thick and fast and so far they seem to be dividing into two types – touchy-feely animations that are big on digital and touchy-feely non-animations that are big on digital. American Eagle Outfitters is going for the latter and is extending its #WeAllCan Fall 2016 campaign into…
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