Online luxury consignment service The RealReal has released its midyear 2018 State of Luxury Resale report, revealing a range of trends, including top-searched brands, popular products and fluctuations in resale value.
The Paris Fashion Institute returns this fall, with revamped Design Studio courses, tailored to students’ specific needs. One of Europe’s best bespoke fashion courses, PFI, prepares young talent for fashion careers.
Burberry, which has been in the crosshairs for burning tens of millions of dollars of its products, is far from the only firm to destroy unsold goods to maintain the exclusivity and luxury mystique of their brands.
Luxury handbag maker Hermes International expects first-half operating profits close to the record level reached last year, as Hermes posted solid second quarter sales that augured well for the rest of the luxury sector.