MBS Intelligence
Fashion & Luxury
Adaptive fashion: the $400bn opportunity to embrace Disability inclusion
You might think that any product category expected to be worth $400bn by 2026 would be impossible to ignore. But adaptive fashion – the term given to clothing that is tweaked to suit the needs of Disabled people –...
Why disability inclusion is an investment, not a cost:…
Writing for Vogue in March last year, journalist and model Madison Lawson recounted her experience at New York Fashion Week. “At one point,” she wrote, “my personal assistant had to throw me over her shoulder and...
Out with the new and in with the old…
Christmas and New Year is the time when I return home to my roots in South Africa to recharge my batteries ready for the year ahead. But alas, with South Africa going on to the UK’s red list in late November, this...
Could the future of fashion be clothes that don’t…
How many fashion brands consistently generate over $5bn in revenue and $3bn in profits each year? Reading through the list of the top ten fashion retailers in 2020, Nike, Inditex and H&M are predictably top –...
The stock market of things: how one resale site…
Two weeks ago, the online resale site StockX was valued at $3.8bn. The business has taken the world by storm, changing the landscape of streetwear and fundamentally reimagining how people browse, buy and...
Harnessing media and technology for female empowerment: in conversation…
Monday was International Women’s Day – one of the most important days of the year for celebrating inspiring women and reflecting on how to advance gender equality. Since Monday, however, there have not been many...
Hype sneakers and slippers: how Covid-19 is polarising the…
Who would have thought, a year ago, that high heels would be being thrown unceremoniously to the back of the wardrobe, or that Crocs would be labeled the coolest shoe of the year? In the last twelve months, we have seen...
“Making beautiful things that people remember”: in conversation with…
There are some brands which effortlessly capture your attention and seep into your consciousness without you even knowing. Jellycat, the soft toys and gifts business co-founded by brothers Thomas and William Gatacre, is...
The show must go on: what do Fashion Weeks…
For years, fashion week season has been the undisputed highlight of the industry’s collective calendar. Despite murmurs of dissatisfaction about its impact on the environment, a low return on investment for labels and...
Latest Fashion & Luxury News
Puig targets €2.9bn in Spanish IPO The beauty and fragrance giant has confirmed that it is seeking to raise €2.9bn when it floats on the Spanish stock exchange, in what will be Spain's largest IPO in almost a decade. Puig makes the Paco Rabanne and Carolina Herrera fragrances, among others. Read more.
Revenue up at Ray-Ban maker EssilorLuxottica The eyewear specialist has reported a 5.5% increase in revenues in the first quarter, boosted by solid growth in Europe. Sales reached $6.7bn, as the company reiterated its full-year guidance of "mid-single-digit" annual revenue growth. Read more.
Sales up 16.5% at Italian group Brunello Cucinelli The luxury fashion house has said that its sales have risen 6.5% at current exchange rates in the first quarter, boosted by growth in all regions, including Asia. Revenue reached €309m in the period. Read more.
Inspecs announces revenue increase for full financial year The eyewear specialist has posted a rise in group revenue for the year to 31 December to £203.3m, representing record sales performance. Gross profit increased 4.7% to £103.5m. Read more.
Growth slows at luxury giant LVMH The owner of Louis Vuitton has recorded slowing sales in the first quarter, amid shrinking demand for luxury labels. Sales for the quarter ending in March rose 3% on an organic basis to €20.7bn, meeting market expectations. Read more.
Adidas raises earnings guidance on positive first quarter The German sportswear behemoth has upgraded its 2024 profit outlook after a better-than-expected first quarter. Full-year operating profit should come in at about €700m, up from the €500m originally forecasted. Read more.
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