皮革钱包是一种用皮革材料制作的小型钱包，用于存放纸币、硬币和信用卡等货币和财务物品。它通常具 有多个隔层和口袋，以便组织和存放不同类型的货币和卡片。皮革钱包的设计和风格可以各不相同，包括 折叠式、拉链式、扣子式等。它们通常具有耐用性和高品质的外观，因为皮革是一种经久耐用的材料，并 且可以提供一定的防水性能。 皮革钱包在市场上非常受欢迎，因为它们既实用又具有时尚感，适合男性和女性使用。消费者对高品质、 耐用和时尚的皮革钱包的需求不断增加，该市场在过去几年中一直保持稳定增长 消费者对皮革钱包的偏好因地区和年龄而异。年轻一代消费者更倾向于时尚、多功能和个性化设计的皮革 钱包，而中年和老年消费者更注重品质和实用性。 2017、2022年全球皮革钱包主要产品占比分析 皮革钱包行业龙头企业介绍 随着可持续发展和环保意识的增强，消费者对使用环保材料和可持续生产过程的皮革钱包的需求也在增 加。一些品牌开始使用可再生材料和采用环保生产方法来满足这一需求。 皮革钱包主流产品介绍 传统款式钱包：这些钱包通常采用经典的设计，如折叠式或拉链式。它们具有多个隔层和口袋，用于存放 纸币、硬币和卡片。传统款式钱包注重实用性和耐用性，适合那些 ...

MILAN — Valentino has a new chief marketing officer. Liran Peterzil is joining the couture house effective March 2, reporting to chief executive officer Riccardo Bellini. He succeeds Yigit Turhan, who joined the company in 2018 and has exited. More from WWD Peterzil will be tasked with the development of Valentino’s global brand strategy, while overseeing marketing, communications, events, media relations and overall brand experience worldwide. Valentino plans to leverage Peterzil’s more than 20 years ...

Saks, its suppliers and debtor-in-possession (DIP) lenders are negotiating whether consigned luxury goods can be treated as collateral under the retailer’s $1.75bn bankruptcy financing. Vendors have sought assurances that lenders would not assert rights over concession or consignment inventory, or related cash proceeds, sources told Reuters. According to the news agency’s report, all sides were hoping to reach an agreement before a 17 February 2026 court deadline to object to the loan, though some issue ...

表彰对全球零售与消费生态系统的终身贡献与持续领导力。携手 Hamat，共同推动长期价值创造与巩固行业领导地位。 沙特阿拉伯利雅得, Feb. 12, 2026 (GLOBE NEWSWIRE) -- 2 月 3 日，Hamat 与 RLC Global Forum 共同主办了 RLC Honors Gala Dinner (RLC Honors 颁奖晚宴)，迎来全球零售、奢侈品及消费者生态系统的资深领导者共聚一堂，表彰卓越成就、领导力与持久影响力。 与 2026 RLC Global Forum 同期举办的 RLC Honors，旨在表彰那些以其职业生涯长期推动企业、行业与市场变革的个人。 该荣誉不仅是对成功的庆祝，更体现了 RLC 的理念：领导力体现在一贯性、责任担当，以及在变革时期构建行业关联性与韧性的能力。 2026 RLC Honors 在利雅得一个独特而私密的场所举行，由 RLC Global Forum 及其社区的长期支持者 Hamat 联合呈现。 Hamat 的持续参与彰显了双方在长期价值创造以及推动零售与消费行业发展方面的共同承诺。 今年的典礼表彰了两位对全球及地区零售业均产生深远影响的杰出人 ...

Core Viewpoint - Kering, the owner of Gucci, reported weaker results for 2025, with a significant decline in sales and profits, and is signaling a turnaround strategy for 2026 [1] Financial Performance - Revenue decreased by 13% to €14.67 billion ($17.48 billion) on a reported basis and by 10% on a comparable basis [1] - Recurring operating income fell by 33% to €1.63 billion, reducing the margin from 14.5% to 11.1% [1] - Recurring net income from continuing operations was €532 million, equating to €4.34 per share [2] - Free cash flow from operations totaled €4.4 billion, down 35% year-on-year [2] - Net debt at the end of December was €8 billion, a decrease of €2.5 billion from the previous year [2] Segment Performance - Retail revenue declined by 11% on a comparable basis, while wholesale sales fell by 9% [3] - Gucci's revenue dropped 22% to €5.99 billion, with retail down 18% and wholesale off 34% [3] - Yves Saint Laurent reported €2.64 billion in revenue, down 8%, with a 20% margin on €529 million of operating income [3] - Bottega Veneta's revenue increased by 3% to €1.70 billion, improving its margin to 15.6% [4] - Kering Eyewear and Corporate generated €1.6 billion in revenue, also up 3% on a comparable basis [4] Future Outlook - The board plans to propose an ordinary dividend of €3 per share, alongside an exceptional €1 per share dividend following the disposal of Kering Beauté to L'Oréal [5] - Kering aims to restore growth and improve margins in 2026, with a new transformation strategy to be presented on April 16, 2026 [5] - CEO Luca de Meo emphasized that the 2025 performance does not reflect the group's true potential and highlighted decisive actions taken in the second half of the year [6]

Group 1 - Kering's luxury brand Gucci, which accounts for 39% of group sales, is showing improved sentiment ahead of Demna's first runway show [1] - TD Cowen has raised its forecasts for Gucci, expecting 2% growth in H1 2026 and 6% in H2 2026 due to new product introductions [1] - Kering reported a 9% decline in Q4 revenues to 3.91 billion euros, with a 3% decline in comparable terms, which was better than consensus estimates [2] Group 2 - Gucci's organic revenue decline of 10% was slightly better than the 11% decrease forecasted by analysts, indicating a sequential improvement [3] - TD Cowen anticipates a rapid rollout of new Gucci products and broader collections in the latter half of the year [3] - Kering's agility in brand and product innovation is viewed positively, although there are concerns about weak store traffic and execution risks [6] Group 3 - Barclays is optimistic about Gucci's potential for a fragrance franchise with new beauty licensee L'Oréal, projecting a possible 5 billion euro fragrance business by 2028 [7] - Current Gucci fragrance sales are estimated at around 500 million euros under the existing licensee Coty [7] - L'Oréal's successful track record in scaling brands through acquisitions is highlighted, with over 70 acquisitions completed in the past 20 years [8]

Investment Rating - The report does not explicitly provide an investment rating for the industry or specific companies within it. Core Insights - The 2025 Q4 Lyst ranking indicates a consumer shift towards brands that emphasize stability, classic styles, and practicality, moving away from short-term trends [2][12] - The top three brands, Saint Laurent, Miu Miu, and COS, maintained their positions, reflecting consumer preference for brands with clear style boundaries and consistent aesthetic expression [2][12] - Mid-tier brands like Ralph Lauren and Burberry saw significant improvements, attributed to a return to classic styles and strong holiday gifting demand [2][12][13] - The overall trend suggests a transition in the fashion industry from "visual shock value" to "Borecore," where classic, durable, and versatile items are becoming mainstream choices [2][12] Summary by Sections Brand Rankings - The top three brands in the Lyst ranking for Q4 2025 were unchanged: Saint Laurent, Miu Miu, and COS [1][11] - Ralph Lauren rose five places to rank fourth, while Burberry and Gucci each climbed five places to eighth and ninth, respectively [1][11] - Notable declines were seen in brands like Bottega Veneta and Loewe, each dropping five places [1][11] Consumer Preferences - Consumers are increasingly favoring brands that offer clear style definitions and consistent aesthetics, moving away from fleeting trends [2][12] - The demand for classic and practical items is on the rise, with brands like Ralph Lauren and Burberry benefiting from this shift [2][12][13] Item Popularity - The report highlights that practical outerwear and knitwear are leading in item popularity, with specific products like Polo Ralph Lauren's half-zip cable-knit sweater and Burberry's wool scarf gaining significant attention [8][14] - Accessories such as Burberry cashmere scarves and Arc'teryx knit beanies also maintained high interest, with Arc'teryx searches surging by 1,058% in Q4 [8][14]

Gucci sales were down 16% on year. In the previous three months, the label's sales fell 18%. ...

Core Insights - Kering's 2025 financial results show a significant decline in revenue and operating income, with a reported revenue of €14.7 billion, down 13% year-over-year, and a recurring operating income of €1.6 billion, down 33% from 2024 [1][6][7]. Financial Performance - Revenue for 2025 was €14,675 million, a decrease of 13% as reported and 10% on a comparable basis [1][6]. - Recurring operating income was €1,631 million, down 33% from €2,440 million in 2024, resulting in a recurring operating margin of 11.1%, down from 14.5% [2][6][8]. - Recurring net income attributable to the Group was €532 million, a decline of 56% from €1,206 million in 2024 [2][8]. - Free cash flow from operations was €4.4 billion, with a decrease of 35% to €2.3 billion when excluding real estate deals [7][27]. Segment Performance - Gucci's revenue fell to €5.99 billion, down 22% as reported and 19% on a comparable basis, with a recurring operating income of €966 million [9][11][13]. - Yves Saint Laurent generated €2.64 billion in revenue, down 8% as reported and 6% on a comparable basis, maintaining a recurring operating margin of 20% [14][16]. - Bottega Veneta's revenue was stable at €1.7 billion, up 3% on a comparable basis, with a recurring operating income of €267 million [17][19]. - Revenue from Other Houses was €2.9 billion, down 10% as reported and 6% on a comparable basis, with a recurring operating income of -€112 million [20][22]. Strategic Developments - Kering announced a strategic partnership with L'Oréal for the sale of Kering Beauté, which will be classified as discontinued operations [5][50]. - The company plans to present a roadmap for growth and margin improvement during the Capital Markets Day on April 16, 2026 [3][30]. Dividend Information - The Board of Directors proposed an ordinary dividend of €3.00 per share and an exceptional dividend of €1.00 per share related to the Kering Beauté sale [2][28].

Core Insights - Kering's 2025 financial results show a significant decline in revenue and operating income, with a reported revenue of €14.7 billion, down 13% year-over-year, and a recurring operating income of €1.6 billion, down 33% from 2024 [2][7][8]. Financial Performance - Revenue for 2025 was €14,675 million, reflecting a 13% decrease as reported and a 10% decrease on a comparable basis [2][8]. - Recurring operating income was €1,631 million, representing a 33% decline from €2,440 million in 2024, with a recurring operating margin of 11.1% compared to 14.5% in 2024 [7][8][10]. - Recurring net income attributable to the Group was €532 million, down 56% from €1,206 million in 2024 [9][26]. - Free cash flow from operations was €4.4 billion, with a decrease of 35% to €2.3 billion when excluding real estate deals [27]. Segment Performance - Gucci's revenue was €5.99 billion, down 22% as reported and 19% on a comparable basis, with a recurring operating income of €966 million [11][13]. - Yves Saint Laurent generated €2.64 billion in revenue, down 8% as reported and 6% on a comparable basis, maintaining a recurring operating margin of 20% [14][16]. - Bottega Veneta's revenue was stable at €1.7 billion, up 3% on a comparable basis, with a recurring operating income of €267 million [17][19]. - Revenue from Other Houses was €2.9 billion, down 10% as reported and 6% on a comparable basis, with a recurring operating income of -€112 million [20][22]. - Kering Eyewear and Corporate segment revenue was €1.6 billion, up 1% as reported and 3% on a comparable basis, with a recurring operating income of €252 million [23][24]. Strategic Outlook - Kering aims to return to growth and improve margins in 2026, focusing on enhancing brand desirability and operational efficiency [4][30]. - A roadmap for this transformation will be presented during the Capital Markets Day on April 16, 2026 [4][30]. Dividend Proposal - The Board of Directors proposed an ordinary dividend of €3.00 per share and an exceptional dividend of €1.00 per share related to the sale of Kering Beauté [3][28].