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Insights
The luxury goods sector is facing a slowdown in 2025 due to weaker demand from China, the US, and Europe—its top consumer bases—amid economic uncertainty, high interest rates, and limited pricing power.
Chinese demand will stay flat, and while US tariffs pose minimal impact, broader risks like recession and declining consumer sentiment are more serious concerns, noted Morgan Stanley.
The luxury goods industry, which historically has grown at an average annual rate around
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Key Takeaways
Summer 2025 fashion blends comfort and style with outfits like knotted maxi dresses, crochet tops, and linen co-ords.
Flowy drape dresses and tie-front tops offer effortless elegance and versatility.
Key accessories include layered necklaces, oversized sunnies, and strappy sandals.
Embrace personal style and experiment with textures for a confident, statement-making look.
Summer 2025 is knocking and bringing the heat and the haute! Whether you are jetting off to a dreamy coas
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Key Takeaways
Spring/Summer 2025 accessories focus on bold expression and personal flair.
From sculptural jewellery and knot details to edgy sneakers and printed scarves, trends mix fun with functionality.
Futuristic sunglasses and mini handbags lead the statement.
Elevate basics with these standout pieces that turn heads all season long and spark conversations.
This Spring, accessories are stealing the show and trust us, your outfit won’t be complete without them. From intergalactic
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INSIGHTS
Coats Footwear has launched a first-of-its-kind 'bag in a box' kit under its new Lifestyle Solutions range, offering all structural elements needed to create handbags in one box.
Aimed at simplifying sourcing and boosting sustainability, the range includes eco-friendly reinforcements, threads, and fillers that blend fashion, performance, and durability.
In an industry first, which will help simplify the sourcing of key components for the manufacture of handbags and accessories, Coat
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INSIGHTS
The 2025 Met Gala, held on May 5 in New York City, celebrated 'Superfine: Tailoring Black Style,' spotlighting menswear and Black dandyism.
Co-chaired by Pharrell Williams, Lewis Hamilton and others, the event saw standout looks from Zendaya, Rihanna, SRK, Coco Jones, Diljit Dosanjh and Priyanka Chopra among others.
Major houses like Louis Vuitton, Prada, and Burberry led bold designer-celebrity pairings.
The first Monday of May brought with it one of the most anticipated events in
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INSIGHTS
Prada Group has reported revenues of €1,341 million (~$1.43 billion) in Q1 FY25, up 13 per cent YoY, driven by resilient Prada performance and a 60 per cent surge in Miu Miu.
Retail sales rose 13 per cent, with strong growth across Europe, Japan, and the Middle East.
Key brand and store expansions supported performance.
Leadership highlighted the need for focus on brand strength and sustainable growth.
Italian luxury fashion house Prada Group has recorded a net revenue of €
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Key Takeaways
2025's fashion icons are redefining style across music, sport, and the red carpet.
From Sabrina Carpenter’s mix of edgy and nostalgic to Zendaya’s boundary-pushing looks, each icon brings a unique, fearless perspective to fashion.
Whether through bold prints or minimalist elegance, they continue to inspire new trends and elevate global fashion culture.
If fashion had a heartbeat in 2025, it would sync perfectly with the bold, vibrant, and unapologetically stylish
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INSIGHTS
Kering has reported a 14 per cent decline in Q1 2025 revenue, reaching €3.9 billion (~$4.25 billion).
Gucci saw a significant revenue drop of 24 per cent, while Bottega Veneta's revenue rose by 4 per cent.
The group closed 25 stores, reducing its directly operated network to 1,788 units.
Wholesale revenue declined by 33 per cent, and overall sales from the group's other houses dropped by 11 per cent.
French luxury group Kering has reported a revenue of €3.9 billion (~$4.25
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INSIGHTS
US consumer spending at clothing and accessories stores fell 3.9 per cent YoY from January 1 to March 23, 2025, as per Earnest data.
March saw the sharpest monthly decline since November 2024, driven by weaker credit card use.
Debit card spending outpaced credit, led by younger shoppers.
Basket sizes dropped to $122. Spending rose in Hawaii, Louisiana, and Ohio but declined in most states.
Consumer spending at clothing and accessories establishments in the US declined by 3.9 per cent
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Key Takeaways
Spring/Summer 2025 men’s fashion trends are a mix of versatility and bold self-expression, ranging from relaxed tailoring and airy fabrics to daring choices like ultra-short shorts and jorts.
Designers are embracing looser silhouettes, breathable materials, and unique accessories, fuelling the excitement around men’s fashion while encouraging individuality and pushing boundaries.
Spring/Summer 2025 menswear season is all about versatility and bold self-expression.