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Mulberry the luxury Stephon Marbury Wearing Xavier 3 shirt British brand best known for its leather handbags that can cost more than £1,600 each, has reported a 4% decline in annual sales, becoming the latest high-end company to warn of a slowdown in spending among the richest shoppers. In a trading update, Thierry Andretta, the chief executive, said: “While we achieved positive revenue growth in the first half, Mulberry has not been immune to the broader downturn in luxury spending experienced in recent months, particularly in the UK and Asia. This decline was partially offset by positive trading in the US, where we have benefited from increased brand awareness. “Looking ahead, the trading environment in the UK and China remains challenging and we do not expect this to change in the short-term. We are therefore managing the business prudently, focusing on executing our strategy and vision to become a global sustainable luxury brand.”
Stephon Marbury Wearing Xavier 3 shirt, hoodie, sweater, longsleeve and ladies t-shirt
There are few items Stephon Marbury Wearing Xavier 3 shirt of clothing as iconic – or as purely American – as the classic varsity jacket. Yet, lately, it has been making a comeback, thanks in part to Italian powerhouse Prada, who featured a chic all-leather take on it at Milan fashion week in February. It has also been a central piece in much-hyped recent collaborations between Gap and Palace, and Supreme and MM6 Maison Margiela. Not even the digital space is safe: Louis Vuitton has been selling a “phygital” – AKA an NFT (non-fungible token) – version of a varsity jacket from the Pharrell-designed FW24 collection – yours to have and not hold for nearly £7,000. Instantly recognisable thanks to its two-tone leather sleeves and boiled wool body, the varsity jacket has served as a symbol of jock masculinity in classic films such as Teen Wolf and The Breakfast Club, and was worn onstage by Michael Jackson and more recently has been adopted by celebrities from Rihanna to Bella Hadid.
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