Week 13 in Luxury: Burberry in Trade Talks, Versace’s Legacy, H&M’s Slow Sales, and Female Founders Seek Investors
Welcome to the Week 13 edition of "This Week in Luxury," where we’ll bring you the latest developments in the world of luxury!
1. Why luxury brands like Burberry could be key in Trump trade talks
British luxury goods exports to North America totalled £12.3 billion in 2023, and the lobby group Walpole says they should be part of the UK’s diplomatic arsenal
Read the full article here | THE TIMES
2. Versace’s legacy: 47 years since the first show in Milan
On the 47th anniversary of Gianni Versace’s first collection, we reflect on his lasting legacy and the brand’s evolution.
Read the full article here | FASHIONUNITED
3. H&M reports sluggish start to spring sales
H&M saw weak sales growth of just 1% in March despite increased marketing spend, causing its stock to drop 1% due to disappointing results.
Read the full article here | REUTERS
4. How Female Founders Are Courting Investors in a Tough Climate
Sinking brand valuations, a shaky economy and the rollback of DEI initiatives are pressuring women founders in fashion and beauty — but a new playbook is helping them navigate the storm.
Read the full article here | BOF
That concludes this week's edition of "This Week in Luxury." Stay tuned for more updates on the world of luxury in the weeks to come!
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