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Category: Business

Les marques de luxe soutiennent #BlackLivesMatter

Le week-end dernier, nous avons assisté à un tollé en réponse à la mort insensée de George Floyd, Breonna Taylor et Ahmaud Arbery aux mains…

Alex Mason 19 June 2020
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Chanel expecting massive slowdown

After reaching the milestone of 10 billion euros in turnover in 2018, Chanel came close to that of 11 billion in 2019, but the impact…

Rachel Mao 19 June 2020
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Luxury Industry Events – 2020

January London Fashion Week (Men) January 4-6 London Florence Homme January 7-10 Florence Fashion Milan Fashion Week (Men) January 10-13 Milano Fashion HKDTC Fashion Week…

Frank Müller 16 June 2020
Galeries Lafayette

Galeries Lafayette: pertes abyssales ces derniers mois

L’opérateur français des grands magasins Galeries Lafayette pourrait faire face à une perte de plus de huit cents millions d’euros alors qu’il se débat dans…

Alex Mason 9 June 2020

Luxury Industry Performance Index April 2020

“Is luxury dead?” A number of brand executives, having read TBTL’s special covid-19 newsletter, reached out to me. The answer is: yes, luxury will survive! However,…

Frank Müller 14 May 2020
neiman marcus

États-Unis: les grands magasins de luxe Neiman Marcus en faillite

Vendredi soir, Neiman Marcus a reçu l’approbation préliminaire d’un juge de mise en faillite pour un financement vital de 675 millions de dollars qui a…

Alex Mason 12 May 2020
hermes boutique

La maison Hermès résiste mieux que les autres fleurons du luxe

Hermès a mieux résisté à la crise mondiale du coronavirus que ses concurrents. Avec une baisse de 7,7% seulement des ventes comparables au premier trimestre.…

Alex Mason 24 April 2020
tbtl

MARCH 2020 – LUXURY INDUSTRY PERFORMANCE INDEX

In collaboration with JOBLUX, TBTL’s deliver each month the Luxury Industry Performance Index (LIPI) which is a monthly published indicator, providing a quick overview of…

Frank Müller 14 April 2020
Kering

Kering enter in partnership with the CDC Foundation.

After providing financial and material support to hospitals in France, Italy and China, the luxury group is entering the United States.In response to the ongoing…

Rachel Mao 10 April 2020
luxury talents society

Luxury rebounding in China ?

As  the COVID-19 outbreak continues to slow in China with no domestic cases yet still with a moderate yet consistent number of confirmations of new cases who…

Alex Mason 26 March 2020

Coronavirus hits luxury industry – Luxury Industry Index Feb. 2020

TBTL’s Luxury Industry Performance Index (LIPI) is a monthly published indicator, providing a quick overview of the high-end industry’s current status and an outlook on…

Frank Müller 15 March 2020

The U.S. takes over as biggest global market for Swiss watches

Eight months of pro-democracy protests in Hong Kong have put paid to the region’s status as the number-one market for Swiss watch exports, overtaken by…

Rachel Mao 14 March 2020

Ralph Lauren warns of US$70 million sales hit due to coronavirus

Ralph Lauren Corp. is the latest company to weigh in on the likely impact of the coronavirus outbreak.  In its latest update, Ralph Lauren Corp.…

Alex Mason 13 February 2020

Global luxury market reached 1.26 trillion euros in 2019

Despite a recent contraction in fine art sales and fluctuations in jets and yachts, demand for luxury continues to grow. According to the Altagamma Worldwide Luxury Market…

Alex Mason 29 January 2020
luxury retail hong kong

Hong Kong: Luxury brands breaking retail leases

High-profile tenants are exiting Hong Kong’s luxury fashion hubs, including Russell Street, in droves—sending retail rents into a nosedive, the WSJ reports.  Prada, La Perla, Louis Vuitton,…

Alex Mason 26 January 2020
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