The French luxury brand Dior wants to control a bigger portion of its own supply chain following an Italian supplier incident. The company has announced the establishment of a new industrial department, which will work to maintain artisanal know-how and enhance production capacities over the long run. “It is more important than ever to sustainably support our […]
Following a constant decline in sales during the second quarter, Burberry has announced a £40 million cost-reduction strategy to revitalise the brand. Chief executive Joshua Schulman, said he wants it to focus on “productivity, simplification and financial discipline.”The fashion house witnessed a sharp decline, dropping from a £223 million profit recorded during the previous September […]
