Burberry's Sales Fall 12% Amid Luxury Slowdown in Fiscal Q4

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Burberry released its fiscal fourth-quarter financial report, showing a 12% decline in sales for the three months ending March 31.

Despite flat revenue and a 25% decrease in operating profit adjusted for currency, CEO Jonathan Akeroyd expressed confidence in the company's strategy. Burberry aims to increase annual revenue to £4 billion EUR from the current £2.97 billion EUR. Akeroyd acknowledged underperformance in FY24 but highlighted progress in brand image, product evolution, and distribution.

Moving forward, Burberry plans to focus on refining brand expression, enhancing product storytelling, expanding its product range, and improving the retail store experience.

Louis Vuitton Reveals 37th America's Cup Capsule Collection

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Louis Vuitton unveils a nautical-themed capsule collection in anticipation of the upcoming Louis Vuitton 37th America’s Cup Barcelona sailing race.

Inspired by the prestigious yacht race’s rich history, the collection features a range of men’s and women’s silhouettes. Divided into three categories. “Riding the Waves” for technical wear,,”A Day on the Deck” for sportswear, and “Elegant Summer Evening” for formal attire. The line tastefully nods to the sailing regatta. The collection showcases the iconic America’s Cup logo across various pieces, including windbreakers, shorts, bags, and accessories.

Louis Vuitton’s 37th America’s Cup Barcelona capsule will be available online and in stores starting July 18.

Born X Raised and Los Angeles Dodgers’ New Collaboration Celebrate the City's Baseball Heritage

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Born X Raised's latest collaboration with the Los Angeles Dodgers celebrates the city's baseball heritage by featuring renowned Dodgers broadcaster Jaime Jarrín and his family.

This partnership highlights BXR's core values of family and community, with Jarrín photographed at his San Marino home. Recognizing Jarrín's contributions to the sport over the past four decades, this collaboration brings the excitement of Dodgers baseball to Spanish-speaking audiences nationwide. The collection includes a range of merchandise in the Dodgers' iconic blue colorway, featuring graphics and slogans inspired by the team.

Available online starting May 16 at 12 p.m. PST.

ICECREAM Gears up For Summer With First Delivery of Summer 2024

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ICECREAM’s Summer 2024 collection captures the essence of opulent summer living, drawing inspiration from vacation luxury.

Featuring iconic motifs like the running dog and dripping ice cream cone, the pieces embody a breezy coastal aesthetic. Highlights include the perforated jacquard texture of the "Holey Moely" knit and the mesh detailing on the "Hiker" shorts and "Warm Up" jersey for added breathability. The collection exudes chic vibes with the "Palms" woven shirt and adds sophistication with the "Pearl" jean shorts and "Pearl Beads" t-shirt adorned with pearl rivets.

Available now at all U.S. flagship stores and online.