Translated by Nicola Mira Published Sep 9, 2024 The press conference presenting the new features of the upcoming editions of Italian fashion trade shows Micam Milano, Mipel, Lineapelle, The One Milano, Milano Fashion & Jewels and Simac Tanning Tech, was held on a very wet September 5 in Milan. The events are scheduled on September [...]read moreMilan fashion trade shows stand together facing troubled market
What Is Market Penetration? Market penetration refers to the metric of how much your product or service sells compared to the total market for that same product or service. Measuring it can indicate how many customers chose your brand instead of a competitor. So, your strategic marketing plan should include effective market penetration strategies that [...]read moreMarket Penetration Strategy In The Digital Age For SaaS Marketers
By Bloomberg Published Sep 3, 2024 China’s gray market — where brand new, authentic products are sold at steep discounts — is increasingly dwarfing some global luxury giants’ official sales channels in the country’s dominant e-commerce space, according to a new report. Campanha Moncler Grenoble outono/inverno 2023 – DR For high-end outdoor wear labels Moncler [...]read moreChina’s gray market Is dominating luxury brands’ online sales
PVH Corp. said on Tuesday revenues decreased 6% to $2.074 billion in the second quarter, hurt by dwindling sales in the U.S. company’s overseas markets, especially in Asia Pacific. Calvin Klein The owner of Calvin Klein and Tommy Hilfiger brands said second-quarter revenues were adversely impacted by a “challenging consumer environment” in Asia Pacific, particularly in China [...]read morePVH Q2 earnings rally despite sales declines on lacklustre international market
Lanvin Group saw revenue of €171 million in the first half of 2024 but it was impacted by “global challenges” and it was very clear that the firm wasn’t happy about the results report’s numbers. Lanvin In fact, that group revenue figure represented a 20% fall year-on year and while it said the gross profit [...]read moreLanvin Group performance dented by soft luxury market globally
By Reuters Published Aug 22, 2024 LVMH-owned beauty retailer Sephora is cutting its workforce in China, the company said on Wednesday, as consumers curb their spending on creams and make-up in the world’s No. 2 economy. Reuters Sephora, which sells largely high-end, or “prestige”, perfumes and make-up, previously had around 4,000 employees in the country, [...]read moreBeauty retailer Sephora cuts China jobs as market slumps
By Reuters Published Aug 14, 2024 German perfume and cosmetics retailer Douglas is betting on the European premium beauty market to keep driving growth, it said on 14 August after reporting higher earnings for its fiscal third quarter. Photo: Shutterstock “Our continued growth clearly confirms that our strategic focus on premium beauty strongly resonates with [...]read moreDouglas bets on European premium beauty market as earnings rise
On July 16, 2024, we had a mini-stock market crash with the S&P 500 declining from 5,667 to 5,186 by August 5, 2024 (-8.5%). The NASDAQ saw a larger drop, falling from a high of 18,647 on July 10, 2024, to 16,200 on August 5, 2024 (-13%). Most investors anticipated a correction due to elevated [...]read moreStock Market Crashes Can Change Your Life For The Better
Columbia Sportswear announced on Thursday sales decreased 8 percent to $570.2 million in the second quarter, with the outdoor wear maker citing a “challenging” U.S. market for the decline. Columbia The Portland, Oregon-based company said the decline in quarterly sales reflected lower wholesale sales in the U.S. due to retailer cautiousness, a difficult competitive environment, and [...]read moreColumbia Sportswear sales suffer on ‘challenging’ US market
Focus on one of the must-have items of summer holiday clothing: the swimming costume. A fashion item that has evolved considerably since the first swimwear appeared in the 1850s. Retviews, Lectra‘s artificial intelligence solution specialising in competitive intelligence and automated benchmarking, highlights in its recent study*, published on June 13, the trends in the swimwear [...]read moreAverage prices on the swimwear market have risen by 5%