Business
London’s Luxury Fashion Scene: A Tapestry of Tradition and Innovation
As London Fashion Week celebrates its 40th anniversary in September 2024, the city’s luxury fashion scene continues to evolve, blending its rich heritage with cutting-edge innovation. This milestone event showcases London’s enduring status as a global fashion capital, while also highlighting the industry’s response to changing consumer preferences and societal shifts. The five-day extravaganza, running […]
Australian Luxury Retail Market Soars as Young Consumers Drive Growth
The market shows a phenomenal growth in Australia’s luxury retail sector, and the growth outlook for the sector is expected to hit $6. And, as the sales of the electric bicycles continuously increase, Dyson expects it to generate up to £ 2 billion of revenue by the end of December, 2024. This has been attributed […]
Luxury Brand LVMH Closes Big Formula One Sponsorship Deal
French luxury goods giant LVMH is said to be close to inking a massive sponsorship arrangement with Formula One, which will be a high-risk, aggressive move for the group’s brand portfolio of luxury goods and other items. This possible partnership illuminates the recent phenomenon of luxury brands’ desire to associate themselves with the glamour and […]
Chanel Appoints New Fragrance and Beauty President
Chanel the French luxury fashion house has recently announced the appointment of Simona Cattaneo as its new president for fragrance and beauty. It is at this time that the luxury industry is experiencing new consumer trends and various market challenges. Cattaneo has developed her career in Coty and other beauty and fashion giants such as […]