Big-spending luxury brands like Gucci, Louis Vuitton and Christian Dior are splashing out on everything from fashion shows to teams of advisers as they target social media platforms in the hunt for young shoppers.
Digital transformation, changing consumer behaviour and fierce competition for the best retail locations are driving up costs in the luxury industry according to a study published by the American analytics firm.
Turnaround efforts at Italian luxury group Tod’s are starting to bear fruit with e-commerce sales growing at a “high-double digit” pace, owner and Chief Executive Diego Della Valle told shareholders on Thursday.
Fashion is rocking Milan for the Furniture Fair, with Dior’s gala at Antonia, Armani's for the Tadao Ando exhibition, and countless parties, cocktail evenings and installations, like those by Tod’s and Vogue Italia.
Milan expects to host nearly 500,000 visitors on April 8-14 for the huge, city-wide event, an incredible opportunity for fashion and luxury labels to present countless projects and special initiatives.
The Italian footwear label has tapped the former creative director of Lanvin to collaborate on its Tod's Factory project. The famous designer has created an accessory collection that will be revealed before the summer.