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The Business of Fashion

Eric Sylvers

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.

    Luxury

    Here’s What We Learned From Last Week’s Luxury Results Bonanza

    Among the takeaways from the latest round of quarterly reports from European luxury groups: China’s hurting, industry growth in the US has slowed and quiet luxury is having a moment.

    Luxury

    Prada Q3 Revenue Up 1%, as Miu Miu Sales Drop for First Time in Four Years

    The luxury group’s results reflect a wider industry slowdown marked by subdued demand in Mainland China.

    Global Markets

    Paris, We Have a Problem: Why European Luxury Is Under Pressure in China

    Savvier clients, stronger local competitors and a fragile economic recovery are eroding the conditions that fuelled decades of growth for the likes of LVMH and Kering.

    Luxury

    Ferragamo Quarterly Sales Decline in Setback For Turnaround Efforts

    The Italian fashion house flagged a deteriorating trend in China.

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    Retail

    How Did Zara Home Become Cool?

    Inditex is leaning on high-profile designers, larger stores and pricier furniture to give Zara Home a distinctive identity and position Zara as a more premium brand. But turning design cachet into lasting pricing power is not so easy.

    Luxury

    Luxury’s US Lifeline May Be Wearing Thin

    Financial results from Hermès, Kering, Prada and others will test the resilience of luxury’s biggest brands as US consumer spending shows signs of slowing and demand in China remains weak.

    Luxury

    LVMH Fashion Sales Slip on China Weakness, Dimming Recovery Hopes

    A decline in fashion and leather goods sales underscores the industry’s struggle to reignite shopper enthusiasm.

    Retail

    Luxury’s China Hopes Face a Reality Check

    LVMH’s sales report and Shanghai Fashion Week will bring fresh insight into the Chinese retail environment as Western brands seek to navigate the wobbly market and local labels angle to capture more spending.

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    Retail

    What’s Driving Mike Ashley’s Fashion Dealmaking?

    Frasers Group is expanding its holdings in luxury and retail brands, but what it wants from those investments is not always clear.

    Retail

    Uniqlo-Owner Fast Retailing, Levi’s and Aritzia Face US Test

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

    Luxury

    Why Luxury Shares Are (Mostly) Suffering

    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.

    Sustainability

    Has Fashion Fixed Its Italian Supply Chain Problems?

    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.