Fashion news and fashion jobs
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Study: Can luxury brands still raise their prices?
After three years driven primarily by price increases, luxury houses are now spacing out their rate hikes. Several brands have shifted from two price increases per year to just one for their iconic handbags. They are also narrowing price gaps between markets and strengthening their more accessible offerings. These findings come from price...
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Burberry returns to profitability as first-half revenue rises by 6 percent
British luxury fashion house Burberry Group plc has reported a return to profitability for the 26 weeks ended September 26, 2026. Revenue rose 6 percent year-over-year (YoY) on both a reported and constant exchange rate (CER) basis to 1.10 billion pounds (1.46 billion dollars), up from 1.03 billion pounds in the prior-year period. Burberry...
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