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LVMH pairs with Stella McCartney, igniting fashion rivalries

17 hours ago DieselGasoil Comments Off on LVMH pairs with Stella McCartney, igniting fashion rivalries
PARIS (Reuters) – French luxury goods group LVMH (LVMH.PA) on Monday announced a tie-up with Stella McCartney, just months after the British designer known for her animal-friendly ethics ended a long-term partnership the conglomerate’s arch-rival Kering (PRTP.PA). British designer Stella McCartney appears at the end of her Fall/Winter 2019-2020 women’s ready-to-wear collection show during Paris Read More

Luxury online reseller The RealReal closes up more than 40% in debut

3 weeks ago DieselGasoil Comments Off on Luxury online reseller The RealReal closes up more than 40% in debut
(Reuters) – Shares of U.S. online luxury reseller The RealReal Inc (REAL.O) closed up more 40% in their debut on Friday, giving it a market capitalization of around $2.4 billion and signaling investor appetite for listings of consumer companies. Julie Wainwright (C), CEO of The RealReal Inc. takes part in the company’s IPO at the Read More

Luxury online reseller The RealReal soars 40% in debut

3 weeks ago DieselGasoil Comments Off on Luxury online reseller The RealReal soars 40% in debut
(Reuters) – Shares of U.S. online luxury reseller The RealReal Inc (REAL.O) jumped 40% in their debut on Friday, giving it a market capitalization of $2.32 billion and signaling increased investor appetite for listings of consumer companies. Julie Wainwright (C), CEO of The RealReal Inc. takes part in the company’s IPO at the Nasdaq MarketSite Read More

Boxing with giants: Italy’s packing robots are not just cardboard cutouts

3 weeks ago DieselGasoil Comments Off on Boxing with giants: Italy’s packing robots are not just cardboard cutouts
CITTÀ DI CASTELLO, Italy (Reuters) – Amazon’s new recruit comes from a medieval walled town in central Italy and can box and seal at least 600 items of different shapes and sizes every hour. Twenty-four hours a day, seven days a week. That recruit is the CartonWrap, brainchild of CMC, a small firm that is Read More

U.S. retailers’ halting outlook reveals scale of tariff fear

1 month ago DieselGasoil Comments Off on U.S. retailers’ halting outlook reveals scale of tariff fear
(Reuters) – The first half of 2019 was expected to be a boon for U.S. retailers, buoyed by solid consumer sentiment at home and expansion in China – the market many of them have targeted for the future. FILE PHOTO: A shopper is seen in the aisle of a Walmart store in Woodstock, Georgia, U.S., Read More

Hey big spender – how luxury brands are raising the stakes on Instagram

1 month ago DieselGasoil Comments Off on Hey big spender – how luxury brands are raising the stakes on Instagram
PARIS (Reuters) – Big-spending luxury brands like Gucci, Louis Vuitton and Christian Dior are splashing out on everything from dance-fuelled fashion shows to teams of advisers as they target social media platforms in the hunt for young shoppers. FILE PHOTO: Models present creations by French designer Nicolas Ghesquiere as part of his Fall/Winter 2019-2020 women’s Read More

Gucci parent Kering moves to tighten grip on e-commerce

1 month ago DieselGasoil Comments Off on Gucci parent Kering moves to tighten grip on e-commerce
PARIS (Reuters) – Kering, owner of brands including Gucci, will tighten its grip on its e-commerce operations, focusing on its own branded sites to sell its luxury products or ventures where it can control its image and client data. FILE PHOTO: Gucci logo is seen in a store at Fiumicino airport in Rome, Italy, April Read More

Italy’s Prada joins the fur-free chorus

2 months ago DieselGasoil Comments Off on Italy’s Prada joins the fur-free chorus
FILE PHOTO: People walk past a Prada luxury fashion boutique near Wangfujing Street, a pedestrianised shopping area, in Beijing, China October 15, 2018. REUTERS/Thomas Peter/File Photo MILAN (Reuters) – Italy’s Prada will stop using animal fur in its products from the 2020 women’s spring-summer collections to be presented in September, the luxury group said on Read More

Italian fashion house Prada to stop using fur

2 months ago DieselGasoil Comments Off on Italian fashion house Prada to stop using fur
By Sarah Hajibagheri, news producer Italian luxury fashion house Prada has announced it will stop using animal fur from next year. The designer brand which has sold mink, fox and rabbit pieces is making the change to meet the demand for ethical products from shoppers. Fur will no longer be part of future designs from Read More