In 2020, Carlo Aragon started the ‘Salomonology’ Instagram page as a fashion moodboard to help him decide whether to invest $150 in a pair of …
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Downturn
How Dubai Is Defying the Luxury Downturn
Last week, Zegna staged a runway show in the emirate, following in the footsteps of Roberto Cavalli, Armani and Chanel. The emirate remains the most …
How LVMH’s Hublot Plans to Rise Above The Watch Market’s Downturn
Luxury watchmakers need to be more conscious of value for money as they seek to reinvigorate demand for the sector, according to Hublot’s new chief …
How Prada Group Is Defying the Downturn
Prada Group continues to defy luxury’s downturn, reporting nine-month net revenues up 18 percent year-on-year. Growth was powered by Miu Miu, whose wonky yet wearable …
A Perfume Brand Asks, ‘What China Downturn?’
Many international fashion and beauty brands are hedging their bets on China, where a faltering luxury market has an economic slowdown. But those warning signs …
Swiss Watchmakers Seek State Aid Amid Luxury Downturn
Swiss luxury watchmakers are turning to the government for financial aid to help them weather a downturn in demand. Girard-Perregaux and Ulysse Nardin have become …
How to Win Over Investors in a Beauty Downturn
There’s one thing Ariel Ohana, managing partner of investment firm Ohana & Co, definitely doesn’t need to hear a brand pitch: the size of the …
Tencent Profit Beats Estimates in Defiance of China Downturn
Tencent Holdings Ltd.’s earnings beat estimates in another sign that Chinese consumers remain willing to spend on games and entertainment during a nationwide downturn. The …
How to Manage Cash in a Downturn
The New Originals was on a hot streak last year, until it ran into the buzzsaw of inflation. The preppy, streetwear-inflected label doubled its revenue …
Why a Downturn Could Give Beauty Services a Boost
A wave of beauty start-ups is betting that customers will still want their fillers and facials, even in a recession. Glossy storefronts from Botox and …
The Debrief | Fashion CEOs Explain Why This Downturn Is Different
Follow The Debrief wherever you listen to podcasts. Fashion is bracing itself for a 2023 filled with uncertainty. An impending recession hangs in the background …