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The British fashion house has opened its new ‘Burberry Centre for Manufacturing Excellence’ at the company’s Castleford site in Yorkshire, northern England, reports ILM.
Fashion United’s Don-Alvin Adegeest writes that British luxury lobby group Walpole said 40 members have become signatories to its Sustainability Manifesto.
The French luxury conglomerate, which has posted consolidated revenue up 13.3% on a comparable basis to €15.88 billion in 2019, has closed half of its stores in China and is relocating inventory to other regions of the word, reports ILM.
For the third quarter ended December 31, 2019, the Swiss luxury Group posted a 6% increase in sales at actual exchange rates and 4% at constant exchange rates compared with the prior year period, reports ILM.
Vogue’s Alden Wicker writes that direct-to-consumer (DTC) brands that cut out middlemen have thrived, but upscale labels can still benefit from having a good agent.