The French luxury firm posted revenues of 2.37 billion euros in the three months to Sept. 30, up 40.3 percent at constant exchange rates compared with 2019, considered a more reliable benchmark due to the disruption caused by the coronavirus pandemic last year, This represented an increase of 31.2 percent versus 2020.
But operating profit margin should be much lower than the 40.7 percent recorded in the first six months of the year, due to foreign exchange headwinds, higher employee costs and a lower contribution from leather goods.
The key leather goods and saddlery division saw organic sales rise 22.2 percent during the period, driven by sustained demand and significant deliveries during the quarter. Hermès opened a new leather goods workshop near Bordeaux in September, and several other production sites are in the works.
In the last month alone, it has reopened its store at the Istinye Park mall in Istanbul, and unveiled new boutiques at the Aventura Mall in Florida and in Shenzhen, China. In the long term, will Hermès Continue reading
Versace chief executive officer Jonathan Akeroyd is returning home to the U.K., taking the top job at Burberry, the British company said Wednesday.
Like the sand of the azure deserts, like the long fluctuations of the swell of the seas, she grows with indifference, and her shining eyes are made of delicately chosen minerals. In this brilliant and symbolic nature where the angel mingles with the ancient sphinx, where all is only gold, steel, light and diamonds, shine forever for women to sublimate them.
You can find everything at the Samaritaine! Including young talented designers who parade from the first to the last floor, under the applause of the public. Fashion comes down to the street with men and women of the street (non-professional models)! This sacrosanct Fashion Week, this cenacle asleep and protected by some to remain in dark rooms hyperprotected for VIPs where everything sells so quickly that nothing is sold in the stores because they are empty of creation and meaning. Dgena, yesterday afternoon, brought fashion to the street, in Les Halles, the epicenter of youth, under “La Canopée” that young people want to protect at all costs and on the square of the last jewel of the Lord of Arnault, the young designer presented the last 20 models from Upcycling.
The French Fédération de la Haute Couture et de la Mode has published the final version of the official schedulen finally, with a number of changes as usual. The return of Saint Laurent, the first big house to step away from preset schedules to set its own pace for collections during the pandemic, who says goodbye to the Venice views and desert vistas to return with an 8 p.m. show on Sept. 28 at the new museum of the businessman Pinault.
In the past few seasons and despite the pandemic Milan Fashion Week has quietly but increasingly become a launchpad for several emerging names, under the lead of the Camera Nazionale della Moda Italiana, which has spearheaded a series of initiatives to enhance its mentoring role.
Two hundred years after his birth, the Vuitton company is marking the milestone in ways its founder never could have imagined, including a video game with embedded NFTs, a documentary on Apple TV, window installations, artworks, and social media activations galore.
Fashion is not art,” believes Valentino’s creative director Pierpaolo Piccioli. “Fashion always has a practical scope while art is an end in itself.” Ateliers couture collection shown in Venice on Thursday, as 22 out of the 82 designs on the runway.
The title sounds like a philosophical fable, a dreamlike tale, a belief shared by believers from all walks of life. But he speaks, above all, despite his backward references, of an increasingly hot topicality on the subject of wealth and poverty.