Frasers Group Steps Up Luxury Push With New Division, Larger Burberry Stake
The British retail group has brought its stakes in Burberry, Hugo Boss and Mulberry together with its luxury retail operations.

Eric Sylvers is Milan Correspondent at The Business of Fashion. He is based in Milan and leads BoF’s coverage of all things Italian, from luxury companies to design studios and the future of the “Made in Italy” brand. He worked previously for The Wall Street Journal, The New York Times and the Financial Times. He has a master’s in international relations and economics from the Johns Hopkins School of Advanced International Studies and graduated from the University of California, Los Angeles.


The three apparel companies report earnings, providing an update on the resilience of US shoppers.

LVMH and Kering have seen their post-pandemic gains vanish and Hermès has taken a knock as investors question prospects for a sector rebound. Richemont’s climb, meanwhile, shows no sign of letting up.

Luxury’s biggest brands have tightened supplier oversight since a sweatshops scandal threatened to taint their reputations, but critics say compliance efforts have stalled and little has been done to tackle the systemic issues that enable labour exploitation.

Condé Nast is leaning into livestreamed events underwritten by fashion-adjacent sponsors as it looks to move its media brands into the digital age.
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A year after the designer’s debut, his third runway show for the Italian fashion house will offer an update on his creative revamp — and clues about how well it is working. Plus, Fendi, Bottega Veneta, Moschino and more at Milan Fashion Week.

The Belgian designer’s last collection for the denim brand will be presented next week in Milan.

The former Versace and Miu Miu designer, one of the industry’s most hotly watched voices, is set to open a new aesthetic era at Emporio Armani as well as oversee accessories at Giorgio Armani’s mainline. The appointment is the Italian fashion empire’s first creative shake-up since its founding.

McQueen’s return from Paris and Christopher Kane’s Mulberry revamp are set to bring fresh energy to a roster that’s relied too heavily on British stalwart Burberry. Shows kick off Thursday.
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Europe’s high-end fashion houses are riding a burst of AI-fuelled wealth creation in the US. But growing concentration of wealth and a shrinking pipeline of new aspirational luxury shoppers could test the strength of the market.

De Sarno has been named creative director of the Shanghai-based label owned by ICCF Group, which includes Kering among its investors.

The ultra-fast fashion retailer closed its first day of trading flat as investors weigh slowing growth and mounting challenges to its business model.

The retailer begins trading in Hong Kong at a valuation of about $26 billion, a quarter of the nearly $100 billion it commanded at its 2022 peak. What happened to fast fashion’s former darling?
The British retail group has brought its stakes in Burberry, Hugo Boss and Mulberry together with its luxury retail operations.
Charlotte Fournet will head Pomellato and Krizia Cucurachi will lead DoDo as Luca de Meo continues his management reshuffle, tapping insiders for the key roles
The UK fashion trade body has yet to name a successor.
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
The appointment is part of the Italian lingerie brand’s turnaround strategy following last year’s acquisition out of bankruptcy by Peter Kern.
The executive stepped down after three years running the Italian fashion house. Prada is accelerating leadership changes as it reshapes the recently acquired luxury house.
The former chief creative officer and CEO of Burberry takes control of the 175-year-old company.
The Italian fashion group behind Diesel and Maison Margiela is taking full ownership of the avant-garde haute couture house, acquiring the remaining 30 percent it didn’t already own. Founders Viktor Horsting and Rolf Snoeren remain creative directors.