Edition:
United States

Silvia Aloisi

Birkin bag maker Hermes cautious on outlook as virus hits sales

Jul 30 2020

MILAN/PARIS French luxury group Hermes said on Thursday comparable sales in the second quarter fell by 42% due to the fallout of the coronavirus outbreak and that the impact of the health crisis for the whole year was too difficult to assess at this stage.

UPDATE 2-Birkin bag maker Hermes cautious on outlook as virus hits sales

Jul 30 2020

* Situation still difficult in Europe, U.S. (Adds price increase, online performance, shares)

Prada flags recovery in Asia after virus hits first-half sales

Jul 29 2020

MILAN Italian fashion group Prada said on Wednesday sales had recovered sharply in Asia since June after the fallout from the coronavirus pandemic triggered a 40% decline for comparable revenues globally in the first half of the year.

Gucci owner Kering says outlook unclear as virus hammers sales

Jul 28 2020

MILAN/PARIS French luxury group Kering said on Tuesday second-quarter comparable sales plunged by 43.7% due to the COVID-19 pandemic, adding it could not provide a forecast for the second half of the year despite an encouraging recovery in Asia.

Gucci owner Kering says outlook unclear as virus hammers sales

Jul 28 2020

MILAN/PARIS French luxury group Kering said on Tuesday second-quarter comparable sales plunged by 43.7% due to the COVID-19 pandemic, adding it could not provide a forecast for the second half of the year despite an encouraging recovery in Asia.

UPDATE 2-Gucci owner Kering says outlook unclear as virus hammers sales

Jul 28 2020

MILAN/PARIS, July 28 French luxury group Kering said on Tuesday second-quarter comparable sales plunged by 43.7% due to the COVID-19 pandemic, adding it could not provide a forecast for the second half of the year despite an encouraging recovery in Asia.

Louis Vuitton owner flags June turnaround after sales slump

Jul 27 2020

PARIS/MILAN LVMH, the world's biggest luxury goods group, said sales momentum picked up in June and had especially improved in China, after store closures sparked by the COVID-19 pandemic tore a hole into the Louis Vuitton owner's second-quarter sales.

Masks and social distancing at Dolce & Gabbana's first COVID-era catwalk

Jul 16 2020

ROZZANO, Italy No air kissing and no hugs, a safely distanced front row and face masks were de rigueur as Dolce & Gabbana had to rewrite the rules of high-end fashion engagement with one of the first physical shows of the COVID-19 era on Wednesday.

Italy's artisans anxious as brands haggle to bridge luxury gap

Jun 26 2020

FLORENCE/MILAN With unsold luxury handbags and clothing gathering dust in their workshops, Italy's artisans fear for their future as brands cut orders and in some cases demand discounts and payment delays.

FOCUS-Italy's artisans anxious as brands haggle to bridge luxury gap

Jun 26 2020

FLORENCE/MILAN, June 26 With unsold luxury handbags and clothing gathering dust in their workshops, Italy's artisans fear for their future as brands cut orders and in some cases demand discounts and payment delays.

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