Under the scorching midday sun, models strutted around a circular runway, donning oversized gowns, capacious capes, and trousers encrusted with ostrich feathers. This dramatic display marked designer Pierpaolo Piccioli’s debut haute couture collection in…
Balenciaga, the luxury fashion brand, has launched its first ever two-level flagship store at K11 Musea, located in the bustling Tsim Sha Tsui district of Hong Kong. Details of the New Store Occupying a generous 461 square meters of retail space spread over…
Luxury brands Gucci, Balenciaga, and Alexander McQueen have fallen victim to a cyber attack, leading to the potential theft of millions of customer’s private details. The assault targeted Kering, the French corporation that owns these prestigious labels.…
Balenciaga has taken its exclusive 50th Couture Collection to Shanghai, China, the first time it has introduced haute couture outside Paris. Presented at the Tank Shanghai museum, the collection features 30 looks created by Demna Gvasalia, creative director…
Luxury label Balenciaga has drawn widespread scorn in China over promotional material for a new handbag range. In celebration of yet another Chinese Valentines Day (QiXi), Kering-owned Balenciaga has released four limited-edition bags of its Hourglass…
Indian retailer Reliance Brands is to launch Spanish fashion label Balenciaga in India. The move comes shortly after Reliance signed a deal to bring US luxury jewelry brand Tiffany and Co to India last July, with the first store opening last month in New…
Recently, Australia fintech company AirPay Financial Technologies announced its regional collaboration with China leading mobile payment technology company SwiftPass to form a new lifestyle brand “AirPass”. Connecting Australian merchants directly with…
French luxury house Kering has launched its first in-house Balenciaga eyewear line at British Dover Street Market stores. The new collection is exclusive to the DSM chain in the US, UK, Japan, Singapore and China, as well as the brand’s e-commerce channel.…
Kering, which owns Gucci, Saint Laurent and Balenciaga, said it planned to buy back up to 1 percent of its share capital over a 12-month period. According to the luxury-goods group, the total amount of the share buyback agreement would not exceed €300 million…
Kering sales growth significantly outpaced its rivals during the third quarter, up 27.6 per cent as reported and 27.5 per cent on a comparable basis, to €3.402 billion. In Kering-operated stores, Asia Pacific sales rose 33.3 per cent on a comparable basis,…
Some brands have embraced digital better than others, as evidenced by their popularity online. According to a new report by Luxe Digital, the top 15 most popular luxury brands online are particularly successful at building online awareness but also at forging…
Fashion giant Kering’s decision to focus the business on luxury appears to be paying off. In what chairman and CEO Francois-Henri Pinault termed “dazzling top-line and earnings performances” during the first half year, total revenue rose 33.9 per cent on a…
What do you get when luxury fashion meets sport? $10,000 sneakers. High-end brands such as Kering’s Gucci, Prada and Balenciaga are increasingly looking to sneakers for growth, putting them in direct competition with sportswear giants like Nike, Puma PMUG.DE…
Pushing all those social media buttons and getting everyone het up to such an extent that they have just become complicit in making an item in the men’s collection a veritable phenomenon simply on the back of an Instagram post. When will we stop swallowing…
From mop shoes to bejewelled crocs, ‘ugly fashion’ is 2018’s most pervasive trend. In fact, it has popularised items that are so deeply uncool, wearing them proves, ironically, just how cool you are. The latest addition to the trend: Nike’s ‘fanny-pack’ – or…
In a “phenomenal” result, global luxury group Kering had record operating revenue last year, driven in large part by the popularity of Gucci. Kering’s income totalled €15.4 billion (US$19 billion), up 25 per cent as reported or 27.2 per cent on a comparable…