The luxury industry this past week has continued to grapple with the economic and consumer shifts that have defined the year, but with some notable brand-specific highlights and developments. The overarching theme remains a market slowdown, particularly in key Western markets, but with some brands and regions showing resilience. Key Financial and Market Insights Mixed … Read more
The State of London Luxury Report indicates the vast stabilisation of the luxury sector in the UK post-pandemic. Walpole’s The State of London Luxury report 2023, produced in association with Cadogan, delves into London’s position as a global luxury capital. Walpole, the sector body for British luxury brands, has published its inaugural State of London … Read more
The new Gucci Hub will foster breakthrough innovation to accelerate the circular transformation of luxury fashion. The fashion industry needs to accelerate and launch serious actions to catalyze deep change, rethinking the way we produce and use resources as well. Gucci, with support of its perent luxury group Kering, announced the launch of the first … Read more