Articles by Vivian Hendriksz
Goyard tops Hermès in value retention, according to latest Rebag Clair Report
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For the first time ever, luxury French fashion house Goyard has successfully surpassed Hermès in value retention, with a 104 percent retention rate, according to the fifth edition of Rebag’s Clair report. Short for the luxury resale platform’s proprietary Comprehensive Luxury Appraisal Index for Resale (Clair), the 204 Clair report looks into...
In Pictures: Saint Laurent opens new store in New York's Meatpacking District
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French luxury fashion house Saint Laurent has expanded its retail footprint in the city of New York with the opening of a new store in the iconic Meatpacking District. Interior of Saint Laurent's new store in NYC Meatpacking District Credits: Saint Laurent The new two-level store, now Saint Laurent’s largest store in the city, features the...
Vivobarefoot partners with charity Earthed for limited-edition boot
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Vivobarefoot has partnered with charity Earthed to create a limited edition Earthed Magna Lite Boot, with 100 percent of the proceeds going to the charity for nature restoration. The minimalist, barefoot-inspired footwear and lifestyle brand worked with Earther to develop an exclusive drop of the Vivobarefoot x Earthed Magna Lite Boot, which...
Toni Ruiz, CEO of Mango, receives ‘Business Leader of the Year Award’
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Toni Ruiz, the chief executive officer of Spanish fashion chain Mango, was awarded the 2024 Business Leader of the Year award during the annual Gala of the Spain-US Chamber of Commerce in Cipriani, New York City. Ruiz was given the award in recognition of “his leadership and foresight at the helm of the company,” with the board of directors at...
Torrid reports lower than expected sales for Q3
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Torrid Holdings Inc. reported a net sales decline of 4.2 percent to 263.8 million dollars for its third quarter compared to 275.4 million dollars reported for the same period last year. Comparable sales dropped 6.5 percent during the 12 weeks to November 2, 2024 reported the direct-to-consumer plus-sized apparel, intimates, and accessories brand...
PVH Corp. reports better than predicted revenue for Q3 as turnaround plan continues
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New York-based fashion giant PVH Corp. reported that revenue declined less than expected during its third quarter for 2024, dropping 5 percent to 2.255 billion dollars compared to the same period the year prior. The company, which owns iconic fashion brands such as Calvin Klein and Tommy Hilfiger, added that it outperformed its earlier...
AEO Inc. reports growth across all brands for Q3
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AEO Inc. reported an increase of 3 percent in total comparable sales for its third quarter, following a 5 percent growth in comparable sales during the same period last year, highlighting the success of the company’s profitable growth plan. The parent company of American Eagle and Aerie, AEO Inc., reported a 1 percent decline in total net...
Bureau Veritas announces acquistion of LBS Group
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Bureau Veritas, a global firm for testing, inspection, and certification services, has acquired LBS Luxury Brands Services S.R.L. Group, a laboratory that specializes in quality control for the luxury fashion industry, including leather goods and footwear. The move is part of Bureau Veritas' LEAP | 28 broader strategy to bolster its position and...
Recover to open new factory in Vietnam to further global recycling capabilities
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Global producer of recycled cotton fiber Recover is set to open a new manufacturing facility in Vietnam as part of its expansion strategy. Set to be fully operational by early 2025, the new facility sees Recover bring its large-scale recycling technology to Vietnam and leverage the production of more sustainable materials within the local...
SoHo Pink Dreams: A look inside Nana Jacqueline's debut NYC pop-up store
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Walking down West Broadway in SoHo, New York City, is always a feast for all senses - especially this time of year, when all the stores have their holiday lights and displays out in full force. With many retailers vying for the attention of tourists and locals, one storefront in particular succeeds in catching your eye immediately. The debut New...