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[Opinion] Luxury Fashion at a Turning Point: the Crisis Hits Milan and Paris

Summary by Neue Zürcher Zeitung
The glamorous designer labels are suffering from the biggest decline in demand since 2008. In Milan, Gucci, Jil Sander, Bottega Veneta and Versace have been trying to bring about a change of direction in recent days.

2 Articles

SpiegelSpiegel
Lean Left

(S+) Opinion: Lvmh, Gucci, Burberry and Co.: Europe's Luxury Industry in Crisis

Europe's luxury industry is in crisis. Because the life model of the old continent has come out of fashion, its prestige goods no longer sell.

·Germany
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Neue Zürcher ZeitungNeue Zürcher Zeitung
Lean Right

Luxury Fashion at a Turning Point: the Crisis Hits Milan and Paris

The glamorous designer labels are suffering from the biggest decline in demand since 2008. In Milan, Gucci, Jil Sander, Bottega Veneta and Versace have been trying to bring about a change of direction in recent days.

·Zürich, Switzerland
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Bias Distribution

  • 50% of the sources lean Left, 50% of the sources lean Right
50% Right

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Neue Zürcher Zeitung broke the news in Zürich, Switzerland on Tuesday, September 30, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

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