MBS Intelligence
Fashion & Luxury
Homes, hotels and space ships: the exciting world of…
In recent years, our luxury team at The MBS Group has done as much work in interiors and homewares as it has in apparel and accessories. Since the pandemic, businesses from right across the fashion and luxury arena have...
Are fashion companies giving D&I the attention it deserves?
Fashion has always been a key driver of culture, simultaneously reflecting and steering societal changes. In the summer of 2020, we saw the fashion industry rally together and call for change on diversity and inclusion....
Diversity & Inclusion in Fashion 2023
Diversity and Inclusion in Fashion, produced in partnership with British Fashion Council, looks in depth at how diverse our sector’s leadership teams are in 2023, and explores if fashion companies are adequately...
Do sports clubs need creative directors?
Two weeks ago, Kenny Annan-Jonathan was appointed as Creative Director at Crystal Palace, marking the first time a Premier League team has hired a creative lead. Brought in to “oversee apparel collections and fashion...
Are we in the next wave of channel innovation…
When Glossier launched in 2014, it felt like a new era for the beauty industry. The brand popularised the now-ubiquitous “skincare first, makeup second” approach, and became the first cosmetics label to gain a...
Could Off-Price be the most important sales channel for…
At the beginning of 2022, retailers and luxury brands were facing a stock problem. Consumer demand had returned, but manufacturing hubs in Asia were still navigating Covid restrictions. As a result, fashion businesses...
In 2020, fashion called for change. Has it turned…
In the summer of 2020, the fashion industry called for change. In the wake of the Black Lives Matter movement, businesses of all sizes and scopes denounced racism, and committed to prioritising diversity and inclusion...
Diversity and Inclusion in the Fashion Industry
The MBS Group and The British Fashion Council are delighted to share our in-depth report, Diversity and Inclusion in Fashion Industry, which measures the diversity of our industry's leadership and the extent to which...
Fulfilment as a brand differentiator: it’s all in the…
I’m not normally one for last-minute gifts. But last Christmas, I found myself at my in-laws in the Cotswolds, late on the 23rd December, trawling through the internet for a site that would offer next day delivery for...
Latest Fashion & Luxury News
Fashion player SMCP records sales dip The owner of labels including Sandro, Maje and Claudie Pierlot has posted a 5.8% decline in reported sales for the first quarter of 2024, weighed down by slow demand in France and Asia. Revenue for the period reached €286.8m. Read more.
First-quarter revenue jumps 17% at Hermes The luxury goods business has reported a 17% surge in quarterly sales, boosted by strong growth in China. Revenue grew to €3.81bn. Read more.
Kering issues profit warning to shareholders Kering has warned that recurring operating income could drop between 40% and 45% in the first six months of this year, hurt by an 18% dip in sales at its cornerstone brand Gucci. Read more.
Full-year sales dip at Valentino Annual sales reached €1.35bn at the luxury label, down from €1.42bn a year earlier. The business also saw a 7% dip in operating profits. Read more.
Ermenegildo Zegna grows business by 8% in the first quarter The Italian group has posted sales of €463.2m in the first quarter of 2023, up 8.1%, driven by strong sales in the US and in its DTC channel. The US accounts for a quarter of Zegna's turnover. Read more.
Golden Goose reports sales growth in the first quarter Sales increased 11% to €148m at the Italian business, driven by strong demand in EMEA and the Americas. The direct-to-consumer channel saw particularly strong sales, rising 18%. Read more.
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