2014 was a very good year for Hermès as their net profit came in 9 per cent higher than a year earlier. Hermès reported that consolidated net income rose 8.7 per cent to €859 million ($AUD1.2 billion). The French luxury house’s operating profit increased by 6.7 per cent to €1.3 billion ($AUD1.8 billion) with
Are you in the market for buying a luxury brand? Rumour is that Lanvin’s majority owner Shaw-Lan Wang could be looking to sell the French luxury house. WWD reports that according to market sources, the Taiwanese publishing magnate recently made an informal approach to a high-powered family in Asia about possibly selling her stake.
Fakes are for Frauds – that is the slogan that The MO Down stands by and it would seem that the luxury houses have the same way of thinking. Salvatore Ferragamo has recently revealed the extent of its battle against counterfeit goods, which saw it intercept and block approximately 90,000 fake products from being