Fayed Abuse Victims Seek Up to £150 Million From Harrods
The retailer currently has a £62 million provision set aside for redress payments, but victims’ lawyers say more is likely needed.
accessible luxury
Latest News & Analysis
Luxury
Can America’s Fashion Giants Get Their Mojo Back?
Accessible luxury brands like Coach and Michael Kors radically changed their approach to everything from logos to discounting to regain their old cachet with consumers. It’s working, but for how long?
Can America’s Fashion Giants Get Their Mojo Back?
Accessible luxury brands like Coach and Michael Kors radically changed their approach to everything from logos to discounting to regain their old cachet with consumers. It’s working, but for how long?
Luxury
Michael Kors’ New CEO Joshua Schulman Joins the Brand at a Critical Time
The former Coach chief is tasked with speeding the transformation of Capri Holdings’ largest brand into a true luxury player before taking the helm of the entire group next year.
Michael Kors’ New CEO Joshua Schulman Joins the Brand at a Critical Time
The former Coach chief is tasked with speeding the transformation of Capri Holdings’ largest brand into a true luxury player before taking the helm of the entire group next year.
Luxury
Accessible Luxury’s Big Opportunity
This week, everyone will be talking about Michael Kors’ 40th anniversary show, Gucci’s first-quarter sales and Fashion Revolution Week.
Accessible Luxury’s Big Opportunity
This week, everyone will be talking about Michael Kors’ 40th anniversary show, Gucci’s first-quarter sales and Fashion Revolution Week.
Luxury
EssilorLuxottica Sales Recover As Second Virus Wave Looms
The maker of Oakley and Ray-Ban showed signs of recovery. But a second coronavirus wave threatens another heavy blow to results.
EssilorLuxottica Sales Recover As Second Virus Wave Looms
The maker of Oakley and Ray-Ban showed signs of recovery. But a second coronavirus wave threatens another heavy blow to results.
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Luxury
How Young Designers in Paris Are Beating the Pandemic So Far
Fragile but focused, creative labels like Marine Serre, Y/Project and Ludovic de Saint Sernin are navigating rocky waters by engaging their communities and rethinking their role in fashion's ‘system’. Is it enough to make it through a make-or-break season?
How Young Designers in Paris Are Beating the Pandemic So Far
Fragile but focused, creative labels like Marine Serre, Y/Project and Ludovic de Saint Sernin are navigating rocky waters by engaging their communities and rethinking their role in fashion's ‘system’. Is it enough to make it through a make-or-break season?
Retail
Tapestry CEO Jide Zeitlin Resigns Amid ProPublica Investigation
The executive, who has served on the company's board for 14 years and was named its chief executive in 2019, is leaving as misconduct allegations surface.
Tapestry CEO Jide Zeitlin Resigns Amid ProPublica Investigation
The executive, who has served on the company's board for 14 years and was named its chief executive in 2019, is leaving as misconduct allegations surface.
Luxury
Loewe's Brand Within a Brand: Is This the New Way to Do Diffusion?
LVMH-backed Loewe has acquired the colourful island label Paula’s with an eye to growing its vacation-wear business. It’s a more budget-friendly way to buy into designer Jonathan Anderson’s globetrotting bohemian vision.
Loewe's Brand Within a Brand: Is This the New Way to Do Diffusion?
LVMH-backed Loewe has acquired the colourful island label Paula’s with an eye to growing its vacation-wear business. It’s a more budget-friendly way to buy into designer Jonathan Anderson’s globetrotting bohemian vision.
Luxury
How to Turn Party Dresses Into a Global Business
Five years after launching Self-Portrait, founder and designer Han Chong has steered the brand to £130 million in sales of his simple lace dresses. Can the success continue with expansion into Asia?
How to Turn Party Dresses Into a Global Business
Five years after launching Self-Portrait, founder and designer Han Chong has steered the brand to £130 million in sales of his simple lace dresses. Can the success continue with expansion into Asia?
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Technology
The Adaptive Fashion Opportunity
Adaptive clothing is a $350 billion opportunity the fashion industry has largely ignored — until now.
The Adaptive Fashion Opportunity
Adaptive clothing is a $350 billion opportunity the fashion industry has largely ignored — until now.
Luxury
The Plan to Turn Versace and Michael Kors Into 'America's LVMH' Begins Now
This week, everyone will be talking about Capri Holdings' plans for Michael Kors and Versace, Serena Williams and Roger Federer at the French Open and the start of swimwear season. Read our BoF Professional Cheat Sheet.
The Plan to Turn Versace and Michael Kors Into 'America's LVMH' Begins Now
This week, everyone will be talking about Capri Holdings' plans for Michael Kors and Versace, Serena Williams and Roger Federer at the French Open and the start of swimwear season. Read our BoF Professional Cheat Sheet.
Luxury
Move Over Fashion Nova: How a Niche Designer Brand Won Coachella
Tiny New York label Area was everywhere on social media at this year’s Coachella, alongside much bigger brands like Revolve. Here’s how they did it - without paying a cent.
Move Over Fashion Nova: How a Niche Designer Brand Won Coachella
Tiny New York label Area was everywhere on social media at this year’s Coachella, alongside much bigger brands like Revolve. Here’s how they did it - without paying a cent.
Luxury
Elizabeth and James Leaves Contemporary Market Behind for Kohl's
Once a $50 million business, Mary-Kate and Ashley Olsen’s contemporary line closed its doors last year after an attempt to hew closer to The Row’s style fell flat. The brand will live on via a licensing deal with Kohl’s.
Elizabeth and James Leaves Contemporary Market Behind for Kohl's
Once a $50 million business, Mary-Kate and Ashley Olsen’s contemporary line closed its doors last year after an attempt to hew closer to The Row’s style fell flat. The brand will live on via a licensing deal with Kohl’s.
The News in Brief
Puig Acquires Sun Care Brand Isdin
The conglomerate bought its former partner’s 50 percent share to take full ownership of the Spanish skincare label.
Hugo Boss Chairman to Step Down Amid Frasers Group Pressure
Stephan Sturm is stepping down, as the German fashion house's largest shareholder seeks to beef up its board representation alongside its takeover bid for the brand.
CFDA’s Steven Kolb Involved in Altercation with PETA Protestors
The trade body’s president physically restrained animal rights activists after they stormed a Cos runway show at New York Fashion Week.
GQ Philippines Names Danyl Geneciran Editor in Chief
The former Vogue Man Philippines editor will helm GQ’s 23rd international title, whose debut issue features covers starring Darren Criss, Jordan Clarkson and Erwan Heussaff.
Human Made Discloses $3.6 Million Undercover Purchase Price and Long-Term Financial Targets
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.
Arizona Accuses L’Oréal of Concealing Cancer Risks Linked to Hair Relaxers
The beauty conglomerate faces over 12,000 similar lawsuits filed by individuals that have been consolidated in a Chicago federal court.
Space NK Names New CEO, Andy Lightfoot Steps Down
Chief marketing officer Emma Simpson-Scott will succeed Lightfoot, who is leaving the UK retailer after seven years at the helm.