Bernard Arnault Joins X as LVMH CEO Fights Off Rumours of Family Disunity
French newspaper Le Monde published a six-part series last week on the tycoon, including alleged tensions among his family members driven by succession.
global-currents
Global Markets
The Real World of Crazy Rich Asians
The rare Hollywood film with a largely Asian cast signals a major step forward for representation, but does it tell us anything about Asia’s ultra luxury market? BoF investigates.
The Real World of Crazy Rich Asians
The rare Hollywood film with a largely Asian cast signals a major step forward for representation, but does it tell us anything about Asia’s ultra luxury market? BoF investigates.
Global Markets
China’s Running Craze Gains Mileage in Fashion
As China’s running boom gathers pace, spurred by the ‘athleisure’ trend and encouragement from the government, brands are adjusting their strategies.
China’s Running Craze Gains Mileage in Fashion
As China’s running boom gathers pace, spurred by the ‘athleisure’ trend and encouragement from the government, brands are adjusting their strategies.
China
How Luxury Brands Can Seize the Qixi Opportunity
As Chinese Valentine’s Day approaches, experts weigh in on how luxury brands can capitalise on one of the most important shopping festivals in China.
How Luxury Brands Can Seize the Qixi Opportunity
As Chinese Valentine’s Day approaches, experts weigh in on how luxury brands can capitalise on one of the most important shopping festivals in China.
News & Analysis
Selling Sparkle to Africa’s Super Rich
As Africa’s two largest economies make a comeback, brands and retailers see growing opportunity for fine jewellery sales on the continent.
Selling Sparkle to Africa’s Super Rich
As Africa’s two largest economies make a comeback, brands and retailers see growing opportunity for fine jewellery sales on the continent.
China
Controversial Hip-Hop Stars Keep Brands Guessing
China’s streetwear market is booming thanks to the local hip-hop scene, but its stars are under the microscope of the authorities.
Controversial Hip-Hop Stars Keep Brands Guessing
China’s streetwear market is booming thanks to the local hip-hop scene, but its stars are under the microscope of the authorities.
China
Chinese E-Commerce Giants Battle for Luxury Supremacy
Alibaba’s Luxury Pavilion and JD.com’s Toplife are going head-to-head, but which of these specialised platforms is a better partner for luxury brands?
Chinese E-Commerce Giants Battle for Luxury Supremacy
Alibaba’s Luxury Pavilion and JD.com’s Toplife are going head-to-head, but which of these specialised platforms is a better partner for luxury brands?
China
Cheaper Luxury Gets Chinese Excited
Louis Vuitton, Gucci, Hermès and Burberry all reduced their prices in China this month. Who is next and how will this impact the bottom line?
Cheaper Luxury Gets Chinese Excited
Louis Vuitton, Gucci, Hermès and Burberry all reduced their prices in China this month. Who is next and how will this impact the bottom line?
China
China’s Hottest New Social Media App
Douyin, an addictive video app with 300 million active users, has fashion and beauty brands wondering whether they should get in on the action.
China’s Hottest New Social Media App
Douyin, an addictive video app with 300 million active users, has fashion and beauty brands wondering whether they should get in on the action.
Global Markets
Can Beirut Steal Some of Dubai’s Thunder?
Lebanon’s capital can’t compete in terms of scale, but a fearless new Beirut fashion school founded by Elie Saab proves there is more to play for in the Middle East than meets the eye.
Can Beirut Steal Some of Dubai’s Thunder?
Lebanon’s capital can’t compete in terms of scale, but a fearless new Beirut fashion school founded by Elie Saab proves there is more to play for in the Middle East than meets the eye.
Global Markets
Turkey: Troubled, Resilient and Full of Opportunity
For many fashion executives, two years of upheaval has led to uncertainty, but for others Turkey’s increasingly polarised market signals new business opportunities.
Turkey: Troubled, Resilient and Full of Opportunity
For many fashion executives, two years of upheaval has led to uncertainty, but for others Turkey’s increasingly polarised market signals new business opportunities.
China
Li Ning Spars With Nike and Adidas
Hungry for more of China’s $33 billion sportswear market, Li Ning wants to outdo the competition. This week, the Chinese giant will reveal a collaboration with a major international designer at its Paris fashion show.
Li Ning Spars With Nike and Adidas
Hungry for more of China’s $33 billion sportswear market, Li Ning wants to outdo the competition. This week, the Chinese giant will reveal a collaboration with a major international designer at its Paris fashion show.
Global Markets
North Korea: Fashion’s Next Sourcing Opportunity?
While denuclearisation is the focus of the historic US-North Korea Summit, shrewd Asian manufacturers will be pondering the impact on business.
North Korea: Fashion’s Next Sourcing Opportunity?
While denuclearisation is the focus of the historic US-North Korea Summit, shrewd Asian manufacturers will be pondering the impact on business.
The News in Brief
CVC Mulls Buying Stake in Jeweller APM Monaco From TPG
CVC Capital Partners is considering buying a stake in the fashion jeweller from private-equity firm TPG Inc., according to people familiar with the matter.
London’s Liberty Doubles Fabric Section as Sewing Booms
The department store has more than doubled the size of its fabrics department and will host crafting classes this autumn as social media drives a surge in activities like sewing.
US Businesses File Lawsuit Challenging New ‘Forced Labour’ Tariffs
Two small businesses, backed by the group that successfully sued over previous tariffs, say the new policy similarly exceeds the president’s authority to tax imports.
Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.