Elle Says Will Drop Fur From Magazines Worldwide

Elle will soon be fur-free in terms of both editorial content and advertising - JOEL SAGET AFP/File
Elle will soon be fur-free in terms of both editorial content and advertising - JOEL SAGET AFP/File
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Elle Says Will Drop Fur From Magazines Worldwide

Elle will soon be fur-free in terms of both editorial content and advertising - JOEL SAGET AFP/File
Elle will soon be fur-free in terms of both editorial content and advertising - JOEL SAGET AFP/File

Elle magazine announced on Thursday it will stop using fur in all its editorial and advertising content worldwide, becoming the first major publication to do so.

The monthly lifestyle magazine, which originated in France and is owned by French media group Lagardere, comes out in 45 different editions around the world.

It has some 33 million readers from Mexico to Japan, with 100 million monthly online visitors, AFP said.

But Elle's international director Valeria Bessolo Llopiz told a conference organized by The Business of Fashion publication that fur was no longer acceptable.

"The presence of animal fur in our pages and on our digital media is no longer in line with our values, nor our readers," she said.

"It is time for Elle to make a statement ... rejecting animal cruelty," she told delegates in Chipping Norton, in Oxfordshire, southern England.

Instead, she said the magazine wanted to "increase awareness for animal welfare" and "foster a more humane fashion industry".

The magazine has signed an undertaking to drop fur that is already in force in 13 of its editions.

Twenty more will impose the measure from January 1, 2022 and the rest will start a year later.

Welcoming Elle's decision, PJ Smith, director of fashion policy for the Humane Society of the United States, said he looked forward to other fashion magazines following suit.

"This announcement will ignite positive change throughout the entire fashion industry and has the potential to save countless animals from a life of suffering and a cruel death," he told the conference.

"Fur promotions belong only in the back copies of fashion magazines from days gone by," the UK director of animal rights organisation PETA, Elisa Allen, told AFP.

She welcomed decisions by publications including British Vogue, InStyle USA, Cosmopolitan UK, and the newly launched Vogue Scandinavia for rejecting fur on their editorial pages and expects the move to soon extend to advertising.



Gucci-owner Kering's Shares Down 5% after Q1 Sales Disappoint

A model presents a creation by the Gucci Fall-Winter 2025/2026 collection during Fashion Week in Milan, Italy, February 25, 2025. REUTERS/STRINGER/File Photo
A model presents a creation by the Gucci Fall-Winter 2025/2026 collection during Fashion Week in Milan, Italy, February 25, 2025. REUTERS/STRINGER/File Photo
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Gucci-owner Kering's Shares Down 5% after Q1 Sales Disappoint

A model presents a creation by the Gucci Fall-Winter 2025/2026 collection during Fashion Week in Milan, Italy, February 25, 2025. REUTERS/STRINGER/File Photo
A model presents a creation by the Gucci Fall-Winter 2025/2026 collection during Fashion Week in Milan, Italy, February 25, 2025. REUTERS/STRINGER/File Photo

Shares of Kering traded down 5% in European morning trade on Thursday, after the group reported a first-quarter sales drop that was worse than analysts' expectations.

Kering after the market close on Wednesday posted a 14% decline in sales, with a 25% drop at flagship label Gucci, the latest signal the luxury sector faces another tough year.

The sales report confirmed "a weakening backdrop" since February, said analysts at Jefferies, noting "the uncertainties around reigniting Gucci's desirability remain plentiful".

The brand, which accounts for around two-thirds of group profits, is betting on in-house talent Demna to revive sales, but new designs will only arrive gradually at the end of the year, Reuters reported.

The French luxury group flagged worsening sales in North America and Western Europe and said it expected sales to continue to fall in double digits, percentage-wise, in the second quarter, before starting to improve.

This leaves the "heavy lifting" for the second half, which will likely depend on a recovery in Chinese demand, noted analysts at Bernstein.

Prospects for the luxury industry, which had pinned hopes on growth from the United States to help pull it out of a slump as the Chinese market remains weak, have been darkened by recession fears prompted by US President Donald Trump's tariff announcements.

As trade tensions have risen, Bellwether LVMH has fallen 23% and Burberry and Kering have both lost 30% since the start of the year. Hermes and Cartier-owner Richemont, viewed by analysts as better insulated from economic downturns because of their wealthier clientele, are up 1% and 3%, respectively.

First-quarter reports from Kering's larger rivals last week also reflected the sector's slowdown and disappointed investors, with sales at LVMH's fashion and leather goods division down 5% while Hermes, which routinely outpaces expectations with double-digit growth, posted a 7% rise.

Analysts at Deutsche Bank on Thursday lowered their 2025 earnings per share estimate for Kering this year by 13% to 8.65 euros ($9.84), citing the company's cautious outlook for the first half, and noting the slowdown in all regions except Asia was slightly worse than peers.

TD Cowen lowered sales forecasts for Gucci this year by 15% to a 20% decline.

The analysts added that Gucci, as well as another Kering label Yves Saint Laurent, were expected to be slower to raise prices to offset tariffs than peers. The Kering labels have a broader base of less-wealthy clients who are more reluctant to splash out in a choppy economic environment.

LVMH, meanwhile, has raised prices of some Louis Vuitton handbags and leather goods by around 4% according to Bernstein and Barclays, while Hermes said it will pass on the full effect of tariffs to shoppers in the United States on May 1.

US tariffs could include a 20% charge on European fashion and leather goods and 31% for Swiss-produced watches if fully applied, but Trump earlier this month paused most of his tariffs for 90 days, setting a general 10% duty rate instead.

The price hikes from Vuitton are "more than enough" to offset even 20% tariffs, said Bernstein.