According to reports, the faux/vegan leather industry is worth around RM162 billion. This type of “leather” is seen as a cheap alternative to the cost of actual leather. However, the longevity of said material and its environmental impact may not seem as worth it as one may think. …
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HSBC's report on LVMH Moët Hennessy Louis Vuitton highlights key priorities: addressing "greedflation," explaining management changes, and improving Dior's women's business. The bank maintains a "buy" rating, forecasting a slight improvement in sales. Dior's revenues have surged but now face challenges. …
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Semir, sebuah jenama gaya hidup kontemporari yang terkenal dengan dedikasinya terhadap fesyen yang mengutamakan keselesaan, hari ini secara rasmi membuka kedai keduanya di Malaysia, yang terletak di Sunway Pyramid. Pembukaan ini menyusul kejayaan pelancaran kedai pertama Semir di 1 Utama Shopping Centre pada Disember 2024.…
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China and Europe, traditionally key markets, will play a smaller role, while the Middle East and India are set to expand. The slowing global economy and shifting consumer habits are impacting luxury giants like Kering and LVMH. …
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Italy's Prada is among the potential buyers for Versace, which Capri Holdings has put up for sale, according to daily Il Sole 24 Ore. Prada is working with Citi to evaluate a possible bid. …
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Another TikToker discussed the alleged decline in Chanel’s quality and is asking her users if she’s seeing this correctly. The TikToker then asked if the brand is actually selling counterfeit bags or if their quality has taken a turn for the worse. …
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A TikTok user alleges that they saw a bag dubbed the Chanel “kelly” bag being creased as such while still being displayed in the store. It seems several users agree with this sentiment as they feel the quality of certain leather goods could improve especially at that price point.…
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The Malaysian government banned six books due to concerns about public morals, aiming to uphold multicultural values and prevent harmful ideologies.…
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In the fashion industry, the Hermes Birkin bag is one of the most coveted bags in the entire world. For the most part, the value of a Birkin bag would retain its value after being purchased in store. But, the luxury brand is particular on who and how the bag is purchased. …
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The luxury sector has faced a severe downturn, with significant declines in share prices for companies like LVMH, L’Oréal, and Estée Lauder. This slump is partly due to economic issues in China, stylistic recessions, brand saturation, and environmental concerns. …
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