Louis Vuitton owner LVMH posted slightly slower-than-expected sales growth in the fourth quarter on Tuesday, at a time when luxury goods companies are grappling with growing concerns over demand in China.
Increasingly ‘conscious’ consumers are the biggest threat to fast fashion, a new study shows. A survey of 2,000 UK shoppers has shown may are planning to spend less and cut back on the number of items they buy too.
The US e-tail site has been applying stock market-inspired concepts to the sale of sneakers for three years. CEO Scott Cutler told FashionNetwork.com he wants to go further in deploying the IPO-for-products model.
Fashion retailer Reiss has reported a strong Christmas trading period, both in the UK and internationally, and said the festive season continued a pattern it had seen throughout 2019. SS20 has started well too.