Yui Chen Wins Hyerès Festival’s Top Fashion Prize
The Chinese designer won the grand prize for her airy, sculptural pieces at the 41st edition of the festival, which is undergoing a revamp under new leadership.

High-end lingerie sales are outpacing China's generally downbeat luxury market, and heating up competition between international brands and local rivals looking to go upmarket.

Chanel has created a silks production unit by investing in high-end specialists, it said on Friday after completing the third deal in four months aimed at strengthening its supply chain.

The Autumn/Winter 2016 campaign season could represent a notable turning point in the use of digital-native techniques in campaign imagery.

BoF compiles the most important professional moves of the week.

LVMH is considering a change of creative director at Louis Vuitton, with Jonathan Anderson seen as the front-runner to replace Nicolas Ghesquière, according to Reuters. Louis Vuitton has categorically denied the rumour and clarified that Ghesquière's contract expires in November 2018.

Amancio Ortega, Europe's richest man and founder of global fashion group and Zara owner Inditex , held more than €6 billion ($6.6 billion) in prime real estate assets at the end of 2015.

Tiffany chief executive Frederic Cumenal shares his plans for remaking the 179-year-old jewellery house along with its new advertising campaign, conceived by Grace Coddington.

Billionaire Tadashi Yanai’s Fast Retailing gave an early glimpse of the pain a rising yen is bringing to Japan’s biggest companies since the UK voted to leave the European Union last month.

From brand-makers to dual-role CEO-cum-creative directors, fashion brands are experimenting with a range of creative configurations.

BoF compiles the most important professional moves of the week.

French luxury house Hermès Group has acquired a minority stake in footwear and accessory company Pierre Hardy, as it seeks to strengthen ties with its eponymous founder.

Comparable sales fell 3 percent, beating the 5 percent drop expected by analysts.
The Chinese designer won the grand prize for her airy, sculptural pieces at the 41st edition of the festival, which is undergoing a revamp under new leadership.
The move, which was facilitated by Jean Arnault, comes as Hublot undergoes a repositioning in a bid to reignite sales.
The Italian cosmetics label expects to maintain its growth trajectory in 2026 after surpassing €1 billion ($1.12 billion) in wholesale revenues last year.
The move follows CFO Philippe Blondiaux’s decision to retire at the end of this year after more than 15 years at Chanel.
Pontegadea Inversiones SL acquired the 51-story One North Wacker in the city’s business district in one of the biggest US office deals this year.
The programme, now in its fifth year, reflect the US beauty giant’s commitment to the Indian market.
Jean-Marc Bellaiche will succeed outgoing Sander van der Laan as chief executive of the German beauty retailer.
The changes at the leggings maker come after a customer backlash over quality issues.