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Top News In Wear1 Today - Breaking & Trending Today

Focus: Italy's luxury groups set aside rivalries to keep it local

Italy's luxury fashion groups, which for decades jealously guarded their independence, have started teaming up to protect their supply chains and the Italian roots of smaller companies, showing a new spirit of collaboration. ....

Filati Biagioli Modesto , Roberto Costa , Luigi Fedelie Figlio , Silvia Aloisi , Jane Merriman , Cariaggi Lanificio , Gildo Zegna , Jean Francois Palus , Elisa Anzolin , Stefania Lazzaroni , Brunello Cucinelli , Ermenegildo Zegna , Nuti Ivo Group , Prada Group , Thomson Reuters Trust Principles , Luigi Fedeli , Gucci Owner Kering , Camera Nazionale , Global Luxury Investment Banking , Keith Weir , Thomson Reuters Trust ,

China drives Burberry first-quarter sales jump

British luxury fashion brand Burberry reported an 18% rise in first-quarter comparable store sales on Friday, meeting market expectations thanks to a continued rebound in China. ....

United Kingdom , City Of , David Goodman , Jonathan Akeroyd , Paul Sandle , Daniel Lee , Thomson Reuters Trust Principles , London Fashion Week , Suban Abdulla Editing , Thomson Reuters Trust , M Ml ,

Levi Strauss to cut prices as weak consumer spending hits outlook

Levi Strauss & Co cut its annual profit forecast on Thursday, in a sign that higher costs were weighing on the denim clothing maker's margins as it struggles with falling sales at its wholesale channels in North America. ....

New York , United States , Granth Vanaik , Shweta Agarwal , Muralikumar Anantharaman , Michael Ashley Schulman , Levi Strauss Co , Thomson Reuters Trust Principles , American Eagle Outfitters , Executive Officer Chip Bergh , North America , Running Point Capital , Kate Masters , Thomson Reuters Trust ,

LVMH chief Bernard Arnault to visit China in June

LVHM chief Bernard Arnault is set to visit China, two sources told Reuters on Thursday, as European luxury goods makers closely track the pace of recovery of the key market following three years of COVID disruptions. ....

United States , France General , Wang Wentao , Delphine Arnault , David Holmes , Jamie Dimon , Casey Hall , Bernard Arnault , Elon Musk , Christian Dior , Thomson Reuters Trust Principles , China International Import Expo , Jpmorgan Chase Co , Tesla Inc , Chinese Commerce Minister Wang Wentao , Avenue Montaigne , International Import Expo , Mimosa Spencer , Thomson Reuters Trust ,

Canada Goose caution on U.S. eclipses upbeat annual sales forecast

Canada Goose Holdings Inc , on Thursday struck a cautious note on its business in the United States as luxury spending cooled in the market, overshadowing an upbeat annual sales forecast driven by a recovery in China and sending its shares down about 11%. ....

United Kingdom , United States , Deborah Sophia , Asia Pacific , Liza Amlani , Krishna Chandra Eluri , Jonathan Sinclair , Thomson Reuters Trust Principles , Retail Strategy Group , Canada Goose Holdings Inc , Goose Holdings Inc , Goose Chief Financial Officer Jonathan Sinclair , Retail Strategy , Ontario Based Canada Goose , Krishna Chandra , Thomson Reuters Trust ,