Latest News & Analysis

Paul Costelloe, Personal Designer to Princess Diana, Dies at 80
Costelloe’s family confirmed his passing in a statement on Saturday.

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.

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.

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.

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.

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.

German Beauty Retailer Parfümerie Pieper Files for Insolvency
Business operations will continue as the 94-year-old beauty retail chain undergoes restructuring.

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.

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.

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.


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.