Surging sales at Louis Vuitton and Dior helped French luxury giant LVMH make a very strong start to 2021, with overall revenues returning to growth in the first quarter despite new coronavirus lockdowns in Europe.
The international jewelry retailer announced on Monday that it has raised its financial guidance for the current first quarter and full fiscal year, citing stronger than expected conversion and average ticket values.
At the conference staged on Thursday by Business France, the NellyRodi agency mapped out the new global consumption patterns, identifying 10 trends that correspond to 10 winning internationalisation practices.
The international jewelry retailer reported total sales of $2.19 billion for the fourth quarter on Thursday, as well as improvements in its bottom line. The company also announced the next stage in its growth plan.
Burberry is continuing to focus on tech in the all-important Asia market and has just announced a new digital project. It has worked with Elle Digital Japan to create an “interactive virtual replica of its Ginza store”.
Just how special is the ‘Made in Britain’ tag and how much is it worth? Very, and it's worth an additional £3.5 billion a year to exporters, according to a Barclays survey, which showed UK fashion came top in quality.