After recently doubling their sales in less than five years, LVMH’s Dior and Kering’s Gucci are both facing serious headwinds, but their predicaments are as different as they are similar, writes Luca Solca.
After recently doubling their sales in less than five years, LVMH’s Dior and Kering’s Gucci are both facing serious headwinds, but their predicaments are as different as they are similar, writes Luca Solca.
The sheer number of changes at the top of big brands this week is a sign the industry is still searching for a way out of its current troubles.
The sheer number of changes at the top of big brands this week is a sign the industry is still searching for a way out of its current troubles.
Plus, Hollywood versus Silicon Valley, Frieze and the Oscars after the LA fires, Spotify enters video with The Weeknd, and more from arts columnist Marc Spiegler.
Plus, Hollywood versus Silicon Valley, Frieze and the Oscars after the LA fires, Spotify enters video with The Weeknd, and more from arts columnist Marc Spiegler.
A backlash against complex and costly new rules is threatening Europe’s pioneering efforts to make the industry operate more responsibly. Failure to address valid criticisms risks undermining the whole endeavour, argues Kenneth P. Pucker.
A backlash against complex and costly new rules is threatening Europe’s pioneering efforts to make the industry operate more responsibly. Failure to address valid criticisms risks undermining the whole endeavour, argues Kenneth P. Pucker.
LVMH reported better-than-expected sales growth in the fourth quarter, but its performance lagged behind rivals like Richemont and Burberry. A Taylor Swift tie-up and nostalgic collaborations with Japanese artist Takashi Murakami may give the group a boost, writes Andrea Felsted.
LVMH reported better-than-expected sales growth in the fourth quarter, but its performance lagged behind rivals like Richemont and Burberry. A Taylor Swift tie-up and nostalgic collaborations with Japanese artist Takashi Murakami may give the group a boost, writes Andrea Felsted.
Bernard Arnault’s appearance at the US President’s inauguration raised some eyebrows, but it was good business sense for the LVMH chairman, argues Andrea Felsted.
Bernard Arnault’s appearance at the US President’s inauguration raised some eyebrows, but it was good business sense for the LVMH chairman, argues Andrea Felsted.
Cartier owner Richemont has two attributes that make its recent sales performance particularly sparkling, writes Andrea Felsted.
Cartier owner Richemont has two attributes that make its recent sales performance particularly sparkling, writes Andrea Felsted.
In an op-ed for The Business of Beauty, five-time Grand Slam champion Maria Sharapova looks back on how brand partnerships shaped her career — and how the stakes have shifted for female athletes today.
In an op-ed for The Business of Beauty, five-time Grand Slam champion Maria Sharapova looks back on how brand partnerships shaped her career — and how the stakes have shifted for female athletes today.
More competition and challenging external factors have made it more difficult for beauty brands to maintain momentum, said Barclays' Lauren Lieberman.
More competition and challenging external factors have made it more difficult for beauty brands to maintain momentum, said Barclays' Lauren Lieberman.
As the industry awaits the official announcement of Chanel’s new creative director, Imran Amed extracts lessons from the strategy successfully employed by the great Karl Lagerfeld, encapsulated in the words of Goethe that the designer loved so much: ‘Create a better future with the expanded elements of the past.’
As the industry awaits the official announcement of Chanel’s new creative director, Imran Amed extracts lessons from the strategy successfully employed by the great Karl Lagerfeld, encapsulated in the words of Goethe that the designer loved so much: ‘Create a better future with the expanded elements of the past.’
Big brands are focused on buzzy, marketable ‘solutions’ and face little accountability for failing to deliver on decarbonisation targets, but there are ways to unlock more effective action, writes Kenneth P. Pucker.
Big brands are focused on buzzy, marketable ‘solutions’ and face little accountability for failing to deliver on decarbonisation targets, but there are ways to unlock more effective action, writes Kenneth P. Pucker.
As consumers sober up from post-pandemic exuberance and luxury’s value proposition faces increased scrutiny, brands need to take action on creativity, quality and pricing, writes Luca Solca.
As consumers sober up from post-pandemic exuberance and luxury’s value proposition faces increased scrutiny, brands need to take action on creativity, quality and pricing, writes Luca Solca.
The Tokyo-listed company will pay $3.6 million in cash for 100 percent of Undercover, with founder Jun Takahashi relinquishing corporate duties to focus solely on design.
The beauty conglomerate faces over 12,000 similar lawsuits filed by individuals that have been consolidated in a Chicago federal court.
Chief marketing officer Emma Simpson-Scott will succeed Lightfoot, who is leaving the UK retailer after seven years at the helm.
Twenty top lieutenants to CEO Francesco Milleri came to their boss’s defense in an escalating feud with Leonardo Maria Del Vecchio, a son of the founder who abruptly left a senior role at the company.
Inditex is investing in the US as a key growth market, CEO Oscar Garcia Maceiras told Reuters, with store revamps and new openings planned across its Zara, Massimo Dutti and Bershka brands.
The activist investor is recommending the personal-care and fragrance store chain to explore a sale, claiming it has been undervalued and hampered by unstable management.
The LVMH chairman’s net worth fell to $143 billion on Thursday, pulling him beneath Warren Buffett, Bloomberg reported.
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.