MBS Intelligence
Fashion & Luxury
Homes, hotels and space ships: the exciting world of…
In recent years, our luxury team at The MBS Group has done as much work in interiors and homewares as it has in apparel and accessories. Since the pandemic, businesses from right across the fashion and luxury arena have...
Are fashion companies giving D&I the attention it deserves?
Fashion has always been a key driver of culture, simultaneously reflecting and steering societal changes. In the summer of 2020, we saw the fashion industry rally together and call for change on diversity and inclusion....
Diversity & Inclusion in Fashion 2023
Diversity and Inclusion in Fashion, produced in partnership with British Fashion Council, looks in depth at how diverse our sector’s leadership teams are in 2023, and explores if fashion companies are adequately...
Do sports clubs need creative directors?
Two weeks ago, Kenny Annan-Jonathan was appointed as Creative Director at Crystal Palace, marking the first time a Premier League team has hired a creative lead. Brought in to “oversee apparel collections and fashion...
Are we in the next wave of channel innovation…
When Glossier launched in 2014, it felt like a new era for the beauty industry. The brand popularised the now-ubiquitous “skincare first, makeup second” approach, and became the first cosmetics label to gain a...
Could Off-Price be the most important sales channel for…
At the beginning of 2022, retailers and luxury brands were facing a stock problem. Consumer demand had returned, but manufacturing hubs in Asia were still navigating Covid restrictions. As a result, fashion businesses...
In 2020, fashion called for change. Has it turned…
In the summer of 2020, the fashion industry called for change. In the wake of the Black Lives Matter movement, businesses of all sizes and scopes denounced racism, and committed to prioritising diversity and inclusion...
Diversity and Inclusion in the Fashion Industry
The MBS Group and The British Fashion Council are delighted to share our in-depth report, Diversity and Inclusion in Fashion Industry, which measures the diversity of our industry's leadership and the extent to which...
Fulfilment as a brand differentiator: it’s all in the…
I’m not normally one for last-minute gifts. But last Christmas, I found myself at my in-laws in the Cotswolds, late on the 23rd December, trawling through the internet for a site that would offer next day delivery for...
Latest Fashion & Luxury News
Dolce & Gabbana unveils debut real estate venture The luxury brand has announced plans for a new condo hotel in the US, in collaboration with JDS Development Group. The property will feature 250 rooms and suites, six food and beverage outlets, and a restaurant on the ground floor. Read more.
Canada Goose cuts workforce amid challenging trading conditions The luxury outerwear group is streamlining its global corporate workforce in a bid to secure its future amid a slowdown in sales. Canada Goose did not say how many people from its 4,700-strong team would be impacted. Read more.
Revenue at Italian eyewear producer Marcolin hits €550m mark The glasses maker has improved its revenue and profitability, recording net sales of €558.3m for the 2023 financial year. EBITDA reached €78.1m, an improvement of 27.9% on the previous year. Read more.
2024 revenue dips 10% at watches firm Movado Group The American watch group has posted a 10.5% downturn in annual revenue for 2024, to $672.6m. The business has attributed the dip to the decline in its wholesale customers’ brick-and-mortar stores, and a decrease in US retail sales. Read more.
Ben Sherman kicks off store expansion strategy The menswear business is beginning a UK store roll-out, starting with a pop-up in Coal Drops Yard in King’s Cross. The monobrand physical store strategy, which will see the Ben Sherman brand return to UK high streets, is in partnership with BSI Apparel. Read more.
OTB acquires footwear supplier Calzaturificio Stephen The fashion group behind the Diesel and Margiela labels is acquiring Calzaturificio Stephen, in a bid to boost its resilience and support Italian craftsmanship. Calzaturificio Stephen has been working with OTB for 20 years. Read more.
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