Prada Cuts Ties With Over 200 Suppliers After Labour Abuse Audit
Since the audit began in 2020, the Milanese fashion group found that more than a quarter of suppliers and subcontractors inspected had broken compliance rules.
Milan, Italy
Sports
Winter Games in Italy Attract Luxury Brands Seeking Global Stage
Luxury fashion brands are seeking to capitalise on the Milano Cortina Winter Olympics, opening boutiques, sponsoring teams and launching collections.
Winter Games in Italy Attract Luxury Brands Seeking Global Stage
Luxury fashion brands are seeking to capitalise on the Milano Cortina Winter Olympics, opening boutiques, sponsoring teams and launching collections.
Luxury
LVMH’s Watches Unit Is Under a Cloud of Uncertainty. What Happens Next?
Robin Swithinbank dials in from LVMH Watch Week in Milan with details on the difficulties at TAG Heuer, Hublot’s new life beyond football and the question of Zenith’s future in the group.
LVMH’s Watches Unit Is Under a Cloud of Uncertainty. What Happens Next?
Robin Swithinbank dials in from LVMH Watch Week in Milan with details on the difficulties at TAG Heuer, Hublot’s new life beyond football and the question of Zenith’s future in the group.
Fashion Week
The Power of the Classics
At their best, the Milan men’s shows examined classic clothes as a means of offering comfort and connection across eras, generations and cultures, reports Angelo Flaccavento.
The Power of the Classics
At their best, the Milan men’s shows examined classic clothes as a means of offering comfort and connection across eras, generations and cultures, reports Angelo Flaccavento.
Luxury
Saks Woes Cloud Cucinelli’s Department Store Bet
The label is sticking with its strategy of heavy reliance on high-end department stores like the struggling Saks Global, despite the shift by many luxury peers toward their own retail networks.
Saks Woes Cloud Cucinelli’s Department Store Bet
The label is sticking with its strategy of heavy reliance on high-end department stores like the struggling Saks Global, despite the shift by many luxury peers toward their own retail networks.
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Luxury
How Luxury Brands Aim to Keep the 2% Coming Back for More
Exclusive labels are lavishing top-spending clients with special events as luxury’s customer base shrinks.
How Luxury Brands Aim to Keep the 2% Coming Back for More
Exclusive labels are lavishing top-spending clients with special events as luxury’s customer base shrinks.
Luxury
Prada to Launch $930 ‘Made in India’ Sandals After Backlash
The luxury brand is collaborating with Indian artisans to create a limited-edition collection of sandals after facing criticism for cultural appropriation.
Prada to Launch $930 ‘Made in India’ Sandals After Backlash
The luxury brand is collaborating with Indian artisans to create a limited-edition collection of sandals after facing criticism for cultural appropriation.
Sustainability
Italian Police Seek Governance Documents From 13 Fashion Firms in Labour Abuse Probe
Governance and supply-chain documents have been requested from 13 luxury fashion brands, including Gucci and Prada, as part of an ongoing investigation into alleged worker exploitation.
Italian Police Seek Governance Documents From 13 Fashion Firms in Labour Abuse Probe
Governance and supply-chain documents have been requested from 13 luxury fashion brands, including Gucci and Prada, as part of an ongoing investigation into alleged worker exploitation.
Luxury
Tod’s Granted Delay to Ad Ban Ruling After It Pledges Tougher Supply-Chain Checks
A hearing on whether Tod’s advertising should be banned due to concerns over alleged labour abuses has been postponed.
Tod’s Granted Delay to Ad Ban Ruling After It Pledges Tougher Supply-Chain Checks
A hearing on whether Tod’s advertising should be banned due to concerns over alleged labour abuses has been postponed.
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Retail
EssilorLuxottica Wearables Chief Rocco Basilico to Exit in January
Basilico, who led the eyewear giant’s smart-glasses collaborations with Meta, is leaving to 'pursue personal interests,' the company said.
EssilorLuxottica Wearables Chief Rocco Basilico to Exit in January
Basilico, who led the eyewear giant’s smart-glasses collaborations with Meta, is leaving to 'pursue personal interests,' the company said.
Luxury
Luxury Set for 2026 Revival but Shoppers ‘Betrayed’ by Pricing, Bain Says
The global luxury goods industry is likely to sell 3 percent to 5 percent more next year after stagnating in 2025.
Luxury Set for 2026 Revival but Shoppers ‘Betrayed’ by Pricing, Bain Says
The global luxury goods industry is likely to sell 3 percent to 5 percent more next year after stagnating in 2025.
Luxury
Can Langosteria Become a Global Brand?
CEO Enrico Buonocore discusses the high-end seafood restaurant’s expansion strategy as it opens a new flagship in Palazzo Fendi in Milan, ahead of openings in London and Sardinia.
Can Langosteria Become a Global Brand?
CEO Enrico Buonocore discusses the high-end seafood restaurant’s expansion strategy as it opens a new flagship in Palazzo Fendi in Milan, ahead of openings in London and Sardinia.
Sustainability
Tod’s Chairman Says Sweatshop Probe Must Get ‘Facts Straight’
The company is the latest major European luxury brand to be linked to labour exploitation by Milanese prosecutors.
Tod’s Chairman Says Sweatshop Probe Must Get ‘Facts Straight’
The company is the latest major European luxury brand to be linked to labour exploitation by Milanese prosecutors.
The News in Brief
Indian E-Commerce Firm Meesho’s Quarterly Loss Spikes as It Ramps Up Marketing
Meesho has carved out a niche for itself by offering low-priced products without charging sellers a commission.
Swatch Gives Upbeat Growth Outlook After Second-Half Rebound
The owner of Omega and Longines said positive sales momentum that accelerated over the fourth quarter continued in January across all price ranges, with CEO Nick Hayek flagging a pickup in China.
Church & Dwight Exceeds Outlook On Stronger Sales
The personal care giant cited Hero acne products and the 2025-acquisition of Touchland hand sanitiser as growth drivers.
Astra Signs Obesity Drug Deal in China Worth Up to $18.5 Billion
AstraZeneca agreed to pay Chinese company CSPC Pharmaceutical Group Ltd. as much as $18.5 billion for its obesity drug candidates, as the UK drugmaker tries to push into the growing weight-loss market.
Givaudan Sales Slowdown Sends Fragrance Maker’s Shares Falling
The Swiss firm missed expectations for yearly organic sales growth on Thursday, as weaker performance of its flavours business outweighed resilient growth in fine fragrances.
Winter Games in Italy Attract Luxury Brands Seeking Global Stage
Luxury fashion brands are seeking to capitalise on the Milano Cortina Winter Olympics, opening boutiques, sponsoring teams and launching collections.
Saks Will Close Most Off 5th Stores With Big Clearance Sales
The bankrupt department store operator will focus instead on its luxury offerings at Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman chains.