Fashion

Kearney Report: Luxury sector shifts to stabilisation, not decline

Kearney’s latest '2026 Global Luxury Industry Outlook' report suggests the global luxury sector is moving into a period of stabilisation instead of a decline, as brands address slower growth, shifting consumer expectations and continued economic uncertainty. The consultancy firm forecasts luxury market growth of 2 to 4 percent in 2026, below...

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Fashion

Australian Fashion Week resort 2027: minimal monochromes, tie-dyes and more

Celebrating its 30th anniversary, the Australian Fashion Council (AFC) relocated Fashion Week from Carriageworks—its home for the past 13 years—to the Museum of Contemporary Art, set against the iconic backdrop of the Sydney Opera House and Harbour Bridge. Designers unveiled collections tailored to the trans-seasonal resort market, a category...

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BusinessMember

H&M: why the Persson family is buying back its own shares on a massive scale

H&M's founding family is continuing to purchase shares in the Swedish group. Its holding company, Ramsbury Invest, has acquired almost 39 million euros worth of additional shares. This is part of a series of regular transactions over several months, as the stock has underperformed since the start of the year. This methodical signal is being...

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BusinessMember

Richemont achieves 22.4 billion euros in sales amidst geopolitical shifts

Compagnie Financière Richemont, the Swiss luxury goods group, delivered a solid performance for the financial year ended March 31, 2026, navigating fast-evolving geopolitical and macroeconomic conditions. Group sales reached 22.42 billion euros (26.04 billion dollars), representing an increase of 11 percent at constant exchange rates and 5...

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