The Prada-Kolhapuri controversy has ignited a fierce debate, exposing a persistent issue: luxury brands misrepresenting Indian culture. This backlash over cultural appropriation and insensitivity highlights a troubling disconnect from India’s rich and diverse heritage, say experts
Luxury brand Loro Piana is now under court supervision following serious allegations of worker abuse, Reuters reports. This step seeks to guarantee strict adherence to labor laws as the iconic cashmere maker faces increasing scrutiny over its practices
LVMH-backed private equity giant L Catterton has just launched an exciting new $315M fund focused exclusively on Japan, building on the momentum from its impressive $11B global fundraising success. This fresh capital injection is poised to ignite growth and innovation across Japan’s dynamic consumer and retail sectors
In a landmark move for the fashion industry, Prada has acquired Versace for €1.25 billion, uniting two of Italy’s most iconic brands. This deal signals a bold strategy amidst a competitive luxury market, reshaping the landscape of high fashion.
Prada has announced a strategic collaboration with Versace, aiming to unify the strengths of both iconic Italian brands. This partnership seeks to elevate their luxury offerings, enhancing competitiveness in the global fashion market.
