Luxury Perfume Line Roja London Acquired by Extravaganza Beauty
Master perfumer and founder Roja Dove will remain with the brand in a new consultancy role.
jewellery
Luxury
Alexandre Arnault and Louis Vuitton Manager Ledru Said to Lead Tiffany
A top executive at Louis Vuitton and one of Bernard Arnault’s sons are set to take over management of Tiffany & Co. after the biggest acquisition in the luxury industry by LVMH.
Alexandre Arnault and Louis Vuitton Manager Ledru Said to Lead Tiffany
A top executive at Louis Vuitton and one of Bernard Arnault’s sons are set to take over management of Tiffany & Co. after the biggest acquisition in the luxury industry by LVMH.
Financial Markets
A New Wave of Fashion IPOs
This week, everyone will be talking about the Mytheresa, Poshmark and ThredUp IPOs, the Alexander Wang sexual assault allegations, the start of the post-Brexit era and LVMH’s plans for Tiffany & Co. Get your BoF Professional Cheat Sheet.
A New Wave of Fashion IPOs
This week, everyone will be talking about the Mytheresa, Poshmark and ThredUp IPOs, the Alexander Wang sexual assault allegations, the start of the post-Brexit era and LVMH’s plans for Tiffany & Co. Get your BoF Professional Cheat Sheet.
Luxury
De Beers Raises Diamond Prices for First Time Since Pandemic
Prices increased by 2 percent to 3 percent at the diamond giant’s final sale of the year.
De Beers Raises Diamond Prices for First Time Since Pandemic
Prices increased by 2 percent to 3 percent at the diamond giant’s final sale of the year.
Retail
Pandora's Turnaround Leaves Short Sellers Burned
The jewellery brand, once notorious for regularly falling short of profit guidances, is now one of the Nordic region’s biggest corporate success stories.
Pandora's Turnaround Leaves Short Sellers Burned
The jewellery brand, once notorious for regularly falling short of profit guidances, is now one of the Nordic region’s biggest corporate success stories.
News & Analysis
How Is Fashion Voting in the US Election?
This week, everyone will be talking about the US election, Richemont's latest results and the start of the holiday shopping season. Get your BoF Professional Cheat Sheet.
How Is Fashion Voting in the US Election?
This week, everyone will be talking about the US election, Richemont's latest results and the start of the holiday shopping season. Get your BoF Professional Cheat Sheet.
Luxury
Swarovski Shareholders Approve 6,000 Job Cuts
Chief Executive Robert Buchbauer plans to shrink the lower-margin mass-market business and focus on more expensive jewellery.
Swarovski Shareholders Approve 6,000 Job Cuts
Chief Executive Robert Buchbauer plans to shrink the lower-margin mass-market business and focus on more expensive jewellery.
Luxury
Bulgari to Focus on Local Customers as Covid Wipes Out Tourism
The LVMH-owned jeweller is especially focusing on China, where domestic consumers are seeking retail therapy as the pandemic continues to curb international travel.
Bulgari to Focus on Local Customers as Covid Wipes Out Tourism
The LVMH-owned jeweller is especially focusing on China, where domestic consumers are seeking retail therapy as the pandemic continues to curb international travel.
Luxury
LVMH Asks to Delay Tiffany Trial By at Least Six Months
The luxury conglomerate was sued last week for calling off its $16.2 billion acquisition of the American jeweller.
LVMH Asks to Delay Tiffany Trial By at Least Six Months
The luxury conglomerate was sued last week for calling off its $16.2 billion acquisition of the American jeweller.
Luxury
Tiffany & Co. Reports Better Than Expected Quarterly Profit
The luxury jeweller said worldwide sales in August so far were slightly positive from a year earlier, as the rebound in second-quarter sales in China extended into the current quarter.
Tiffany & Co. Reports Better Than Expected Quarterly Profit
The luxury jeweller said worldwide sales in August so far were slightly positive from a year earlier, as the rebound in second-quarter sales in China extended into the current quarter.
Luxury
LVMH and Tiffany Push Back Deal Deadline
The French luxury goods giant and US jewellery chain will give themselves another three months to complete their $16.2 billion tie-up.
LVMH and Tiffany Push Back Deal Deadline
The French luxury goods giant and US jewellery chain will give themselves another three months to complete their $16.2 billion tie-up.
China
If You Aren’t Already Selling Jewellery in China, Now Is the Time
China was driving the global jewellery market long before the pandemic. Now the clock is ticking for smaller players who want to get a piece of the pie before big brands take an even larger share.
If You Aren’t Already Selling Jewellery in China, Now Is the Time
China was driving the global jewellery market long before the pandemic. Now the clock is ticking for smaller players who want to get a piece of the pie before big brands take an even larger share.
Luxury
Bulgari CEO Expects to Recover Lost Sales Within Two Years
The LVMH-owned luxury jewellery company is betting on a recovery in consumer demand, especially in countries like China which has seen an uptick in domestic spending.
Bulgari CEO Expects to Recover Lost Sales Within Two Years
The LVMH-owned luxury jewellery company is betting on a recovery in consumer demand, especially in countries like China which has seen an uptick in domestic spending.
The News in Brief
UK Retail Sales Bounce Back With 0.5% Gain in August
Warm weather and a brighter national mood helped lift spending on clothing and household goods despite rising energy bills.
EssilorLuxottica Gets Rare Sell Call Amid Stock Slump, AI Glasses Concerns
Shares in the eyewear giant, one of Europe's best-rated blue chips, have dropped 55 percent since November, while concerns are mounting over slowing growth and privacy issues for its AI glasses with Meta.
Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.
Perelel Expands C-Suite, Tapping Rare Beauty’s CMO
Known for its prenatal vitamins, the wellness label has hired Rare Beauty's Ashley Murphy as its chief marketing officer, while Anjelika Temple moves into the chief creative officer role.
Swiss Watch Exports Grow for Fourth Month, Overcoming US Slump
Exports in August were buoyed by China and Japan, despite a sharp decline in shipments to the US.
Alexandre Arnault Joins Nike’s Board of Directors
The LVMH executive joins Nike’s board as the sportswear giant prepares to be removed from the S&P 100 index after nearly two decades.
Matthieu Blazy, Sarah Burton, Haider Ackermann Among Nominees for BFC Designer of the Year
The Fashion Awards ceremony, set for Nov. 30, will also recognise the BFC’s second Vanguard award recipient, recognising emerging British design talent.