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Latest News & Analysis

Unrivalled, world-class journalism that covers the intersection of business, fashion and technology.
Luxury

Paul Costelloe, Personal Designer to Princess Diana, Dies at 80

Costelloe’s family confirmed his passing in a statement on Saturday.


Retail

US Retail Sales Are Proving Resilient While Risks Mount

US retail sales growth likely moderated a touch in September, capping an otherwise solid quarter of spending by consumers who are nonetheless frustrated by high prices and anxious about job security.


Luxury

Report: EssilorLuxottica Prepared to Buy 5%-10% of Armani

Eyewear giant EssilorLuxottica SA is prepared to buy a 5 percent to 10 percent stake of Giorgio Armani SpA, following the death of the fashion house’s founder, Il Sole 24 Ore reported.


Global Markets

Fashion Trust Arabia Names Prize Winners in Qatar

Designers from Morocco, Saudi Arabia and Bahrain were among those to receive a financial grant of between $100,000 and $200,000 at the Doha ceremony.


Retail

This Week: Black Friday’s Expectations Game, Human Made’s IPO

Consumers and retailer are approaching Black Friday differently this year. One side will end up disappointed. Plus, a Japanese streetwear brand is fashion’s first IPO in a year.


Luxury

The BoF Podcast | Prada Group CEO Andrea Guerra on Fixing the Luxury Business Model

The seasoned luxury executive joins Imran Amed at BoF VOICES 2025 to discuss pricing strategies and the importance of creative tension and cultural relevance.


Beauty

German Beauty Retailer Parfümerie Pieper Files for Insolvency

Business operations will continue as the 94-year-old beauty retail chain undergoes restructuring.


Technology

What the AI ‘Bubble’ Means for Fashion

Concerns about the scale and concentration of AI investment in the key US market have reached a boiling point. A correction could have big consequences for brands this holiday season.


Retail

US Consumer Sentiment Falls to Near Lowest on Record

The final November sentiment index dropped to 51 from 53.6 in October, according to the University of Michigan.


Luxury

Frida Kahlo Painting Breaks Record, Sells for $54.7 Million

Kahlo’s 1940 self-portrait ‘El sueño (La cama)’ became the most expensive work by a woman artist ever sold at auction, when it changed hands at Sotheby’s on Thursday night.


Beauty

Are Candle Brands Okay?

A burning question for the $4.1 billion industry.


Creative Class

CFDA Announces Empowered Vision Award Finalists

The finalists for the award that supports emerging Black designers are Daveed Baptiste, Keith Herron of Advisry, Nana Kwame Adusei of Kwame Adusei, and Edvin Thompson of Theophilio.