Stories on fashion and luxury you won't read elsewhere
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Stories on fashion and luxury you won't read elsewhere
Stories on fashion and luxury you won't read elsewhere
Top stories
Astrid Wendlandt
24/03/24
What is Kering up to these days? The group issues a nasty profit warning on the back of Gucci’s comparable sales declining 20 percent this quarter. Jean-François Palus, the right-hand man of controlling shareholder and group CEO François-Henri Pinault, leaves the board of directors even though he runs Gucci, the group’s biggest brand. Gucci’s show in Milan in February is yet another low-key affair -– like it was in September — while mega-brands Chanel, Dior, Louis Vuitton produce awe-inspiring events.
Miss Tweed
02/01/24
Luxury at the Summit April 19-22, 2024 - Discover our amazing speakers!
Technology and creativity. New paradigms and rules of the game.
Artificial intelligence and other technologies have changed the way we work, interact with one another and see the future. Luxury brands have been waking up to the fact that they need to integrate these new developments into their corporate culture, decision-making and annual budgets if they want to remain competitive. Creativity is fundamental but technology gives you that extra agility and reactivity you need to stay ahead in this fast-changing world.
Technology and creativity. New paradigms and rules of the game.
Artificial intelligence and other technologies have changed the way we work, interact with one another and see the future. Luxury brands have been waking up to the fact that they need to integrate these new developments into their corporate culture, decision-making and annual budgets if they want to remain competitive. Creativity is fundamental but technology gives you that extra agility and reactivity you need to stay ahead in this fast-changing world.
Weekly highlights
Week from 2024-03-18 to 2024-03-22
Italian designer Pierpaolo Piccioli abruptly left Valentino on Friday after 25 years. He’s not coming back to the office this week, sources close to the company said. No explanation was given for his sudden departure. His exit looks like it was caused by a spat with CEO Jacopo Venturini.
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Astrid Wendlandt
17/03/24
MatchesFashion went into administration a week ago, less than three months after Mike Ashley’s Frasers Group acquired the UK online fashion retailer. The official version was that trading conditions were so difficult, and the company losing so much money, its new owners had no choice but to pull the plug after having injected more than £20 million into it.
Astrid Wendlandt
10/03/24
Less than two years into the job, Burberry CEO Jonathan Akeroyd is feeling the heat. Gerry Murphy, chairman of the London-based company, is already interviewing potential candidates to replace the 57-year-old British executive, several senior industry executives said, citing head-hunters.
Astrid Wendlandt
03/03/24
Gucci owner Kering has emerged as a strong bidder for Marcolin in a deal that could value the Italian eyewear maker at up to €1.3 billion, several sources with first-hand knowledge of the matter have said. The potential transaction marks a return of M&A in the luxury industry as interest rates are set to drop in key markets such as the United States and access to cash becomes easier.
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A Year in the News 2021-2022 is a compilation of Miss Tweed's stories published online during its second year. It is a way to immortalize on paper the media's digital content. Like the first yearbook, A Year in the News 2021-2022 is a limited edition and a collector's item. It celebrates the work of Claire Laude. Each one of her illustrations runs next to the first two paragraphs of the corresponding exclusive news or analysis.
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Author and journalist Astrid Wendlandt conducted a four-year investigation into the secretive world of fashion and luxury involving hundreds of interviews with top executives and designers. How Luxury Conquered the World explains how this industry has become one of the pillars of the global economy, putting it on a par with Google, Amazon, Facebook and Apple combined in terms of job creation and economic might.
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