Day: January 25, 2024

LVMH grows sales as luxury shoppers show resilience

By Reuters API Published Jan 25, 2024 Luxury goods group LVMH posted a 10% rise in fourth quarter sales, as growth edged up from the previous quarter, driven by resilient demand for its high end fashion labels. Sales at the world’s biggest luxury group, which owns labels including Louis Vuitton, Dior and Tiffany, came to [...]read moreLVMH grows sales as luxury shoppers show resilience

Manchester Arndale has strong 2023, expects more of the same

News of strong performances from city centre malls continues to come in thick and fast. Next up is Manchester Arndale, which tells us its gearing up for a “bumper 2024” as it looks set to add to its retail, leisure and dining line-up “following a hugely successful 2023”. During the past 12 months, joint asset managers [...]read moreManchester Arndale has strong 2023, expects more of the same

Faux Fur Frenzy – Julia Berolzheimer

Outfit Details: Ulla Johnson Dress, Nili Lotan Vest (old, similar here and here), Khaite Boots This cold winter season is all about transitioning to embrace statement pieces that not only offer warmth but also a flair of luxury. Faux fur, with its plush and inviting texture, is at the top of my list, adding a sophisticated yet cozy touch [...]read moreFaux Fur Frenzy – Julia Berolzheimer

Tendam reported a revenue of 280 million euros in the third quarter of 2023, with a 5.7% increase in sales

Translated by Roberta HERRERA Published Jan 25, 2024 Tendam, the Spanish conglomerate that owns brands like Cortefiel, Women’s Secret, and Pedro del Hierro, is continuing to experience positive results every quarter. Between September and November of 2023, they recorded sales of 278.2 million euros, marking a 5.7% increase compared to the same period in 2022 [...]read moreTendam reported a revenue of 280 million euros in the third quarter of 2023, with a 5.7% increase in sales

EssilorLuxottica invests over $300 million in Mexico

Translated by Roberta HERRERA Published Jan 25, 2024 EssilorLuxottica, the world’s largest eyewear manufacturer, is strengthening its presence in Mexico with the opening of two production plants in the northwest of the country, both developed this January. The Franco-Italian conglomerate invested $300 million in the two factories. EssilorLuxottica invests over $300 million in Mexico – Gobierno [...]read moreEssilorLuxottica invests over $300 million in Mexico

Sports Direct to take over former M&S site in Liverpool

Big-spending Frasers Group has confirmed it has acquired Compton House, a key retail destination on Liverpool’s Church Street, from M&S for an undisclosed sum. Sports Direct M&S vacated the Grade II-listed five-storey Compton House last August, ahead of relocating to its new flagship site within the Liverpool One mall. Sports Direct’s main Liverpool store is [...]read moreSports Direct to take over former M&S site in Liverpool

Givaudan boosts profits in 2023 thanks to price increases

By AFP Translated by Nicola Mira Published Jan 25, 2024 On Thursday, Swiss group Givaudan, a specialist in fragrances and flavourings, reported a better-than-expected net profit for 2023. Profit was up by 4.3%, to CHF893 million (€940 million), thanks to the price increases introduced by the group. Archive picture – Givaudan / AFP Givaudan’s revenue [...]read moreGivaudan boosts profits in 2023 thanks to price increases

textile and clothing exports down 8.1% in 2023

China exported the equivalent of 293.6 billion dollars (269.4 billion euros) worth of textiles and clothing last year. This represents a fall of 8.1%, and of 2.9% adjusted for exchange rate effects, according to figures released by the Chinese textile sub-council CCPIT–Tex. Despite the challenges posed by the uncertainties affecting the global clothing market, CCPIT-Tex [...]read moretextile and clothing exports down 8.1% in 2023

Our Editors Tried Every Pair of Abercrombie Jeans

A lot of things about adulthood have surprised me—how much mirrors cost, how quickly the vegetables in my fridge go bad, how I feel in the morning after drinking two glasses of wine. But very few things have surprised me as much as Abercrombie jeans becoming my most-worn pants again at the ripe old age [...]read moreOur Editors Tried Every Pair of Abercrombie Jeans

6 best carrier oils for improving hair health

Regular oiling can nourish and strengthen your strands. So, try the best carrier oils for hair to get beautiful locks. Hair oils are a beauty staple. This beauty potion has been used for generations to maintain nourished and healthy strands. Some of the best carrier oils for hair have the potential to improve the effectiveness [...]read more6 best carrier oils for improving hair health