Kering Takes Stake in Icicle Owner ICCF
The French group said it would support the international expansion of ICCF’s flagship label Icicle while drawing on ICCF’s expertise in China as part of a major strategic overhaul.
Robert Williams
Luxury Editor
Robert Williams is Luxury Editor at The Business of Fashion (BoF). He is based in Paris and drives BoF’s coverage of the global luxury sector as well as reporting his own features on French and Italian companies in luxury fashion, jewellery and cosmetics. Previously, Robert covered European luxury for Bloomberg News in Paris. He has a Masters in Journalism and International Economic Development from the Paris Institute of Political studies (Sciences Po) and is a graduate of Vanderbilt University in Tennessee.
Luxury
John Galliano Met Retrospective Cancelled
The designer withdrew from the exhibition, planned in his honour, amid mounting backlash over antisemitic remarks. ‘I have decided, with great sadness, that it is best for the exhibition not to take place at this time,’ Galliano said in a statement.
John Galliano Met Retrospective Cancelled
The designer withdrew from the exhibition, planned in his honour, amid mounting backlash over antisemitic remarks. ‘I have decided, with great sadness, that it is best for the exhibition not to take place at this time,’ Galliano said in a statement.
Luxury
Luxury’s Mid-Year Review
How are designer revamps landing? Can logo-free luxury stay on top? BoF checks in on LVMH and Kering’s Q2, the French presidential race and more.
Luxury’s Mid-Year Review
How are designer revamps landing? Can logo-free luxury stay on top? BoF checks in on LVMH and Kering’s Q2, the French presidential race and more.
Luxury
Luxury’s Summer of Muddling Through
This week’s LVMH and Kering results suggest a fragile recovery is underway in the face of sluggish Chinese demand, succession drama, wildfires and heat waves.
Luxury’s Summer of Muddling Through
This week’s LVMH and Kering results suggest a fragile recovery is underway in the face of sluggish Chinese demand, succession drama, wildfires and heat waves.
Luxury
Kering Sales Rise 2%, Gucci Beats Estimates
Kering reported organic growth for the first time in three years. Gucci’s second-quarter sales remained in negative territory, but declined less than expected.
Kering Sales Rise 2%, Gucci Beats Estimates
Kering reported organic growth for the first time in three years. Gucci’s second-quarter sales remained in negative territory, but declined less than expected.
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Luxury
LVMH Fashion Sales Rise 1% as Dior Turns Corner
Sales at the group’s fashion and leather goods unit returned to organic growth after a two-year slump, with Dior back in positive territory a year into a creative reset piloted by Jonathan Anderson. Group sales rose 3 percent.
LVMH Fashion Sales Rise 1% as Dior Turns Corner
Sales at the group’s fashion and leather goods unit returned to organic growth after a two-year slump, with Dior back in positive territory a year into a creative reset piloted by Jonathan Anderson. Group sales rose 3 percent.
Luxury
Zegna Sales Jump 17 Percent, Shaking Off Luxury Headwinds
Sales also accelerated at the Italian group’s Thom Browne and Tom Ford labels.
Zegna Sales Jump 17 Percent, Shaking Off Luxury Headwinds
Sales also accelerated at the Italian group’s Thom Browne and Tom Ford labels.
Luxury
Bottega Veneta Taps LVMH Fragrance Chief Romain Spitzer As CEO
Spitzer, a 20-year veteran of LVMH’s fragrance division, is joining the Kering-owned leather goods house after a lengthy CEO search.
Bottega Veneta Taps LVMH Fragrance Chief Romain Spitzer As CEO
Spitzer, a 20-year veteran of LVMH’s fragrance division, is joining the Kering-owned leather goods house after a lengthy CEO search.
Retail
The Debrief | Luxury’s New Reality
As luxury shoppers push back against relentless price hikes and uninspiring boutique environments, BoF's Mimosa Spencer and Robert Williams break down why emotional connection has overtaken heritage as the primary driver of high-end shopping.
The Debrief | Luxury’s New Reality
As luxury shoppers push back against relentless price hikes and uninspiring boutique environments, BoF's Mimosa Spencer and Robert Williams break down why emotional connection has overtaken heritage as the primary driver of high-end shopping.
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Luxury
Inside Chanel’s Charvet Deal
In this week’s High Margin luxury newsletter: more from Robert’s interview with Charvet’s Anne-Marie and Jean-Claude Colban on the eve of their sale to Chanel. Also: fashion’s renewed focus on personal style, from Charvet to Chanel to Celine.
Inside Chanel’s Charvet Deal
In this week’s High Margin luxury newsletter: more from Robert’s interview with Charvet’s Anne-Marie and Jean-Claude Colban on the eve of their sale to Chanel. Also: fashion’s renewed focus on personal style, from Charvet to Chanel to Celine.
Luxury
Why Chanel Is Acquiring Charvet
Following a runway collaboration with Matthieu Blazy, Chanel has bought France’s oldest shirtmaker as longtime owner-operators Anne-Marie and Jean-Claude Colban seek a succession plan. ‘Charvet is a beautiful jewel. Now there’s work to be done to set it up for its next steps,’ said Chanel fashion president Bruno Pavlovsky.
Why Chanel Is Acquiring Charvet
Following a runway collaboration with Matthieu Blazy, Chanel has bought France’s oldest shirtmaker as longtime owner-operators Anne-Marie and Jean-Claude Colban seek a succession plan. ‘Charvet is a beautiful jewel. Now there’s work to be done to set it up for its next steps,’ said Chanel fashion president Bruno Pavlovsky.
Luxury
Chanel’s Bruno Pavlovsky on Reengineering an Iconic Brand
Chanel’s president of fashion, Bruno Pavlovsky, explains in our latest report ‘Face to Face With Luxury Clients’ how the French megabrand has reignited customer excitement and sales growth since onboarding a new artistic director last year.
Chanel’s Bruno Pavlovsky on Reengineering an Iconic Brand
Chanel’s president of fashion, Bruno Pavlovsky, explains in our latest report ‘Face to Face With Luxury Clients’ how the French megabrand has reignited customer excitement and sales growth since onboarding a new artistic director last year.
Luxury
Is It a Vibe Shift — or Just Summer?
The collective effervescence of the Paris heatwave on the heels of Knicks fever in New York suggests culture is shifting. Can fashion keep up? Plus, Dior, Saint Laurent and Louis Vuitton show menswear in Paris.
Is It a Vibe Shift — or Just Summer?
The collective effervescence of the Paris heatwave on the heels of Knicks fever in New York suggests culture is shifting. Can fashion keep up? Plus, Dior, Saint Laurent and Louis Vuitton show menswear in Paris.
The News in Brief
Galeries Lafayette Q1 Sales Stable Despite Middle East War
The French department store chain, which plans to invest €260 million through 2030, saw a 14 percent uptick in sales from Middle Eastern clients in March as overall sales for the quarter remained flat.
Loewe Marketing Chief Charlie Smith Departs for UK Tech Firm Nothing
Smith is joining London-based smartphone company Nothing, where he will oversee brand, image, marketing, communications and store design.
WMH Acquires Production Company Profirst France, To Be Merged with Petit Ami
Under new ownership the agencies will rebrand as The Officin.
Dsquared2 and OTB’s Staff International Spar Over Licensing Deal
Dean and Dan Caten's Y2K denim brand has terminated its licensing deal with Renzo Rosso's production and distribution arm ahead of its expiration. Staff is seeking to block the move in Italian courts.
Francesca Amfitheatrof Exits Louis Vuitton
The luxury brand's artistic director for watches and jewellery is leaving after seven years.
Hermès Responds to ‘Walmart Birkin’, Dupe Culture
CEO Axel Dumas called fakes “detestable” while acknowledging the grey area surrounding many copycat products.
Valentino-Owner Mayhoola Names Riccardo Bellini as Managing Director
Bellini will oversee strategy, operations and development of the Qatari luxury group’s portfolio, which also includes Balmain.