Latest News & Analysis
Luxury Sector Will Continue to Slip, Bain Forecasts
The market is on pace to contract 2 percent to 5 percent in 2025 as consumption remains soft across key categories — particularly leather goods, makeup and watches — according to the latest forecast from Bain & Company.
China’s Extended 618 Shopping Festival Fails to Stir Excitement
E-tailers JD.com and Tmall-owner Alibaba have not disclosed the event’s overall sales figures for years, but analysts warn that a recent pause in some government subsidy programmes could weigh on consumption this month.
Swiss Watch Exports Slump in May as US Tariffs Shake Market
Exports to the US, the sector’s single-biggest market, were down just over 25 percent, underscoring the impact of President Donald Trump’s trade policies.
Dealers at Art Basel Sidestep Politics, Reap Rewards
The fair featured mostly safe, apolitical works, which appeared to play to the mood of buyers.
Bernard Arnault Grapples With the Biggest Slump in LVMH’s History
The luxury goods maker is reeling from a sharp downturn in the €364 billion industry — and questions about succession are growing louder.
LA’s Protests Have Ended But Fashion Can’t Shake Off Its Fear
Following the ICE raids and a week of protests, the city’s fashion employers continue to fret about what’s to come as the White House continues its deportation campaign.
Amorepacific’s Road to Success
The K-beauty corporation behind brands like Laneige, Aestura and Sulwhasoo sees global expansion and ongoing innovation as keys to growth, chief executive Sean Kim explains in The State of Fashion: Beauty Volume 2.
Nike Delays Launch for New Brand With Kim Kardashian’s Skims
Despite the delays, Nike still expects to release NikeSkims products sometime this year, Bloomberg reported.
Lululemon Is Cutting 150 Corporate Employees After Review
The impacted roles are at the retailer’s store support centres, according to a statement from the company.
Francesco Risso Exits Marni
The Italian designer crafted a colourful, DIY-inflected universe during 10 years at the OTB-owned brand.
Ben Gorham to Exit Byredo
The founder of the Swedish fragrance label is stepping down as Puig completes its takeover.
Fashion Castoffs Dumped in Protected Wetlands in Ghana
Shipments of unwanted old clothes from UK and European brands have turned a conservation site into a dumping ground, according to a new investigation.