financial crisis

Luxury Retailers Optimistic the Worst of Financial Crisis is Over

Luxury retailers say they’re cautiously optimistic that the worst of the financial crisis is behind the fashion industry. In recent months,...
Lauren
38 sec read

Burberry’s Future Focuses on Handbags and Shoes

Burberry plans to shift its focus to handbags and shoes in the face of the financial crisis. The British brand reported...
Lauren
32 sec read

Financial Crisis Forces Luella’s Closure, Inspiring Twitter Fan Outpouring

Critical acclaim and a celebrity following are no insurance for surviving the global recession. Just ask Luella Bartley! The Designer of...
Lauren
36 sec read

Investors Rally to Save Embattled Handbag Brand Escada after Bankruptcy

Escada may have filed for bankruptcy, but don’t count the European brand out just yet. Investors are rallying to save the...
Lauren
40 sec read

Versace Cuts Jobs | Designer Label’s Financial Woes Continue

Things seem to be going from bad to worse for European designer label Versace. Not even a month after the brand...
Lauren
34 sec read

Coach Sees Growth in Financial Crisis Thanks to Budget Poppy Collection

Coach’s move into the budget handbag sector has seen the luxury label grow despite the financial crisis. The brand’s profits fell...
Lauren
45 sec read

Burberry’s Sales Up Despite Financial Crisis | British Handbag Brand Defies Global Trends

British luxury brand Burberry has followed up its successful showing at London Fashion Week with improved sales figures. The group’s shares...
Lauren
35 sec read

Luxury Handbag Brands Still Popular in China Despite Financial Crisis

Luxury handbag brands may have fallen out of favor in Japan, but they’re just as popular as ever in China. A...
Lauren
38 sec read

Japan Shuns Luxury Handbag Brands | Versace Closes Doors in Osaka, Tokyo, and Chiba

Once Asia’s luxury shopping epicentre, Japan seems to be losing its taste for luxury brand. Last year LVMH decided to can...
Lauren
34 sec read

Discreet Luxury Goods Favored in Financial Crisis | Harvey Nichols Customers Spend Up on Logo Free Handbags

Financial crisis? What financial crisis? That’s the attitude of Harvey Nichols customers, who are still happy to fork out the big...
Lauren
41 sec read

Fashion Brand Escada Files for Bankruptcy

The financial crisis has claimed another fashion victim. German fashion house Escada, once one of the most powerful labels in the...
Lauren
38 sec read

Economic Woes Spell the End for Escada

It looks like Escada may be the latest victim of the financial crisis. The German fashion brand appears to be on...
Lauren
37 sec read

Comme des Garcons Launches Limited Edition Black Label | Designer Fashions for the Financial Crisis … Sort Of

Comme des Garçons has launched a limited edition Black Label fashion range in answer to the financial crisis. The French label’s...
Lauren
40 sec read

Dolce & Gabbana Discount Fashions for Financial Crisis

Here’s some good news for Dolce & Gabbana enthusiasts. While the financial crisis sees most of us tightening our belts, the...
Lauren
40 sec read

Prada Feel Pinch of Financial Crisis | Luxury Handbag Brand Begs Banks for Breathing Room

The financial crisis seems to have touched everyone, from Miss Joanne Average on the street to our favorite fashion houses. Prada...
Lauren
53 sec read

Luxury Handbag Designers Still Tops in Financial Crisis | Louis Vuitton, Hermes, and Gucci Bags Worth Billions

The financial crisis hasn’t tainted the allure of our favorite luxury handbags. US magazine Forbes says the top three designer labels...
Lauren
37 sec read

Study Shows Luxury Industry Downturn Expected to Continue

The recent semi-annual update to Bain’s Luxury Goods Worldwide Market Study predicts a continuance in the luxury industry’s downturn. Honestly, I’d...
Katie
51 sec read

Best Fashionable & Affordable Handbag Styles | Practical Purses on a Budget

In these uncertain financial times, it bags are out and classic purses are in. But it can be challenging to work...
Lauren
1 min read

Second-Hand Purses Popular in Hong Kong with Budget Shoppers

Bag lovers in Hong Kong are beating the financial crisis by snapping up second-hand luxury purses. Pre-loved Gucci, Louis Vuitton, and...
Lauren
49 sec read

Net-a-Porter to Offer Bargain Bags and Freebies at New Online Discount Store, Outnet.com

The team from luxury online store Net-a-Porter is preparing to launch their new discount outlet, cutely called OutNet.com. Next month the...
Lauren
34 sec read

NY Fashion Week: Hollywood Stars Cut Clothes Budget | Michelle Trachtenberg, Jessica Stroup & Nicky Hilton

They might have more money than the rest of us, but even Hollywood style icons are tightening their designer belts in...
Lauren
45 sec read

Financial Crisis Claims Goldenbleu | Bold Bag Brand Out of Business

The global economic crisis has claimed its latest fashion victim. San Francisco-based designer Rene Huber baby’s, Goldenbleu, is shutting its doors....
Lauren
29 sec read

Marc Jacobs Cuts Fall Fashion Show Guest List

It seems everyone is feeling the pinch of the financial crisis, and that includes our favorite handbag designers. Marc Jacobs has...
Lauren
37 sec read

Chanel Suffers from Financial Crisis | Heidi Mount Models for Spring Advertising Campaign

You know times are tough when the iconic fashion labels of the world are struggling. Chanel is one designer who’s taken...
Lauren
36 sec read

Chanel Mobile Art Pavilion Ends Early Due to Economy

The economic crisis has claimed a new fashion victim. First we heard the latest Louis Vuitton store in Japan is on...
Lauren
32 sec read