Arnault Drops Out of World’s Top 10 Richest as US Tech Dominates
The LVMH chairman’s net worth fell to $143 billion on Thursday, pulling him beneath Warren Buffett, Bloomberg reported.
Opinions
Luxury
Opinion: Can the Female Gaze Save Fashion?
Centring women is the key to creating garments they actually want to buy, writes Sarah Richardson.
Opinion: Can the Female Gaze Save Fashion?
Centring women is the key to creating garments they actually want to buy, writes Sarah Richardson.
Technology
Opinion: How to Prepare Your Fashion Company For AI in 90 Days
AI won’t replace fashion leadership, but leaders who use AI will replace those who don’t, writes Ari Bloom.
Opinion: How to Prepare Your Fashion Company For AI in 90 Days
AI won’t replace fashion leadership, but leaders who use AI will replace those who don’t, writes Ari Bloom.
Marketing
Opinion: Is Fashion Still Desirable?
An industry that manufactures images at industrial scale and speed is forgetting how to create aspiration, writes Robert Triefus.
Opinion: Is Fashion Still Desirable?
An industry that manufactures images at industrial scale and speed is forgetting how to create aspiration, writes Robert Triefus.
Luxury
Opinion: The Epidemic of Nice Clothes
A deluge of inoffensive fashion is what happens when there is nothing left to copy, writes Eugene Rabkin.
Opinion: The Epidemic of Nice Clothes
A deluge of inoffensive fashion is what happens when there is nothing left to copy, writes Eugene Rabkin.
Luxury
Opinion: Golden Goose’s $2,000 Sneakers Are a Rare Win for Private Equity
The high-end Italian sneaker brand’s sale to HSG for over €2.5 billion marks a successful exit for private-equity owner Permira, particularly at a moment of depressed demand for luxury goods, writes Andrea Felsted.
Opinion: Golden Goose’s $2,000 Sneakers Are a Rare Win for Private Equity
The high-end Italian sneaker brand’s sale to HSG for over €2.5 billion marks a successful exit for private-equity owner Permira, particularly at a moment of depressed demand for luxury goods, writes Andrea Felsted.
Marketing
Opinion: The ‘Ralph Lauren Christmas’ Trend Is Marketing Gold
The company’s viral holiday aesthetic is boosting the brand’s visibility and sales, the result of years of strategic image refinement and product honing, writes Andrea Felsted.
Opinion: The ‘Ralph Lauren Christmas’ Trend Is Marketing Gold
The company’s viral holiday aesthetic is boosting the brand’s visibility and sales, the result of years of strategic image refinement and product honing, writes Andrea Felsted.
Sports
Opinion: Puma’s Trailing the Pack — Deal or No Deal
The key to transforming the German sportswear brand is turbocharging sales growth, and that will be a struggle, writes Andrea Felsted.
Opinion: Puma’s Trailing the Pack — Deal or No Deal
The key to transforming the German sportswear brand is turbocharging sales growth, and that will be a struggle, writes Andrea Felsted.
Luxury
Amazing Grace Wales Bonner
The British-Jamaican designer and Hermès are a perfect match, writes Imran Amed.
Amazing Grace Wales Bonner
The British-Jamaican designer and Hermès are a perfect match, writes Imran Amed.
Luxury
Luxury Crosses Fingers for a Rebound
LVMH’s results and the subsequent share price rally seem to be more a reflection of hope than concrete evidence of a luxury rebound, writes Imran Amed.
Luxury Crosses Fingers for a Rebound
LVMH’s results and the subsequent share price rally seem to be more a reflection of hope than concrete evidence of a luxury rebound, writes Imran Amed.
Luxury
Opinion: Louis Vuitton’s Recovery May Not Herald a Bling Boom
The biggest factor that will determine whether the luxury revival is sustainable is China, Andrea Felsted writes.
Opinion: Louis Vuitton’s Recovery May Not Herald a Bling Boom
The biggest factor that will determine whether the luxury revival is sustainable is China, Andrea Felsted writes.
Sustainability
Opinion: There’s No Secret to Freeing Luxury’s Supply Chains From Scandal
Effective strategies for responsible business already exist. The real opportunity for big brands now is to lead by putting them into practice, writes Caterina Occhio.
Opinion: There’s No Secret to Freeing Luxury’s Supply Chains From Scandal
Effective strategies for responsible business already exist. The real opportunity for big brands now is to lead by putting them into practice, writes Caterina Occhio.
Luxury
Tough Choices for Armani’s Heirs
The designer’s will unexpectedly called for his brand to be sold or file for an IPO. With the luxury sector in a slump, neither option looks particularly appealing right now, writes Imran Amed.
Tough Choices for Armani’s Heirs
The designer’s will unexpectedly called for his brand to be sold or file for an IPO. With the luxury sector in a slump, neither option looks particularly appealing right now, writes Imran Amed.
The News in Brief
Dior and A24 Announce Two-Year Collaboration
The partnership, which will kick off at the A24-owned, New York-based Cherry Lane Theatre, will comprise live events for film and theatre featuring established and emerging creative talent.
Princess Diana’s ‘Revenge Dress’ Comes to Auction at Sotheby’s
The black silk evening dress by Greek designer Christina Stambolian could fetch close to $300,000.
Macy’s Raises Annual Targets as Bloomingdale’s Drives Growth
The retailer's improved outlook reflects resilience among higher-income shoppers, despite broader economic uncertainty.
American Eagle Shares Slide on Margin Outlook, Weak Sales at Core Brands
Shares slumped over 11 percent in premarket trading Thursday, following a flat quarterly gross-margin forecast as persistent softness at the company's core brands outweighed a second-quarter revenue beat.
Primark to Start Home Delivery as Sales Fall Ahead of Split
The decision is a major about-face for the budget fashion chain as it tries to stem falling sales ahead of its split from Associated British Foods.
Nike Reassures Executives That Its Stock Is Still in the S&P 500
An internal memo reviewed by Bloomberg sought to clear up misunderstandings around the brand’s coming removal from the S&P 100.
Jonathan Cohen Joins J. Mendel as Resident Designer
The New York-based designer is tasked with reviving the 156-year-old luxury fashion house, which filed for Chapter 11 bankruptcy in 2018.