Edition:
United Kingdom

Silvia Aloisi

Italy's artisans anxious as brands haggle to bridge luxury gap

26 Jun 2020

FLORENCE/MILAN With unsold luxury handbags and clothing gathering dust in their workshops, Italy's artisans fear for their future as brands cut orders and in some cases demand discounts and payment delays.

FOCUS-Italy's artisans anxious as brands haggle to bridge luxury gap

26 Jun 2020

FLORENCE/MILAN, June 26 With unsold luxury handbags and clothing gathering dust in their workshops, Italy's artisans fear for their future as brands cut orders and in some cases demand discounts and payment delays.

Chanel warns virus impact will linger on luxury sector

18 Jun 2020

MILAN/PARIS The luxury industry will feel the fallout from the coronavirus crisis for the next two years if not longer, Chanel's chief financial officer said on Thursday, warning the French fashion label's 2020 revenues and profit would be significantly hit.

CORRECTED (OFFICIAL)-UPDATE 2-Chanel warns virus impact will linger on luxury sector

18 Jun 2020

MILAN/PARIS, June 18 The luxury industry will feel the fallout from the coronavirus crisis for the next two years if not longer, Chanel's chief financial officer said on Thursday, warning the French fashion label's 2020 revenues and profit would be significantly hit.

Designers fashion a go-slow future for catwalks and collections

17 Jun 2020

MILAN/NEW YORK From Armani to Gucci, top fashion houses are re-designing their calendars to slow down the frantic pace of catwalk shows and new collections, as the coronavirus pandemic forces a rethink of the way the industry works.

RPT-Designers fashion a go-slow future for catwalks and collections

17 Jun 2020

* Coronavirus crisis forces brands to cut costs, shed unsold stock

Tiffany amends debt pacts for financial leeway amid pandemic, slump in sales

09 Jun 2020

NEW YORK/MILAN U.S. luxury jeweler Tiffany & Co , which is being bought by France's LVMH for $16 billion, said on Tuesday it had amended some of its debt agreements to gain more financial leeway amid the coronavirus pandemic after its quarterly sales sank 44%. | Video

Without tourists, Europe's luxury shops struggle to reopen in style

27 May 2020

MILAN As European luxury shopping capitals from Paris to Milan slowly emerge from coronavirus lockdowns, stores are reopening to a trickle of customers, and virtually no tourists. | Video

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