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.
Millennials
Latest News & Analysis
Luxury
With Brand at Crossroads, Burberry's CEO Bets Big on China's Young Money
Burberry's turnaround was always going to be an uphill battle. Now, as the pandemic thwarts the company's plans to reinvigorate top-line growth this year, Marco Gobbetti is betting that a digital edge with Asia's Millennial and Gen-Z clients will pay off.
With Brand at Crossroads, Burberry's CEO Bets Big on China's Young Money
Burberry's turnaround was always going to be an uphill battle. Now, as the pandemic thwarts the company's plans to reinvigorate top-line growth this year, Marco Gobbetti is betting that a digital edge with Asia's Millennial and Gen-Z clients will pay off.
China
Will Millennial Debt Threaten China’s Luxury Rebound?
Brands need to investigate how consumer debt will impact their recovery plans in the world’s largest luxury market. While some experts downplay concerns, others believe it could throw a spanner in the works.
Will Millennial Debt Threaten China’s Luxury Rebound?
Brands need to investigate how consumer debt will impact their recovery plans in the world’s largest luxury market. While some experts downplay concerns, others believe it could throw a spanner in the works.
Sustainability
The Year Ahead: Sustainability Takes Centre Stage
Next year, fashion players need to swap platitudes and promotional noise for meaningful action and regulatory compliance while facing up to consumer demand for transformational change.
The Year Ahead: Sustainability Takes Centre Stage
Next year, fashion players need to swap platitudes and promotional noise for meaningful action and regulatory compliance while facing up to consumer demand for transformational change.
News & Analysis
A Grown-Up Look At Why Millennials Are Dressing Like Children
"In the face of Brexit, the housing crisis, mounting student debt and being called snowflakes, wearing kitschy, unserious pieces is the ultimate
A Grown-Up Look At Why Millennials Are Dressing Like Children
"In the face of Brexit, the housing crisis, mounting student debt and being called snowflakes, wearing kitschy, unserious pieces is the ultimate
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Retail
The Future of Luxury Is Freedom
Beyond goods, services and experiences, freedom will become the ultimate signifier of status.
The Future of Luxury Is Freedom
Beyond goods, services and experiences, freedom will become the ultimate signifier of status.
Retail
Cash-Strapped Millennials Turn to Instalment Plans to Buy T-Shirts and Jeans
Filling a gap between credit cards and store credit, buy-now-pay-later start-ups are increasingly popular with millennials but they are not without risk.
Cash-Strapped Millennials Turn to Instalment Plans to Buy T-Shirts and Jeans
Filling a gap between credit cards and store credit, buy-now-pay-later start-ups are increasingly popular with millennials but they are not without risk.
China
China’s Streetwear Empire Yoho! Raises $25 Million
C Ventures founders Adrian Cheng and Clive Ng led a Series E+ investment round in one of China’s most influential streetwear platforms.
China’s Streetwear Empire Yoho! Raises $25 Million
C Ventures founders Adrian Cheng and Clive Ng led a Series E+ investment round in one of China’s most influential streetwear platforms.
Luxury
Millennials Love Gucci and Louis Vuitton
Eighteen to 35 year olds contributed 85 percent of luxury growth last year, finds a new report by UBS.
Millennials Love Gucci and Louis Vuitton
Eighteen to 35 year olds contributed 85 percent of luxury growth last year, finds a new report by UBS.
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Luxury
How Selfies, the Sharing Economy and Sugar Daddies Are Boosting Luxury Profits
The rise of selfie culture has turbo-charged desire for luxury goods. Now, cultural shifts are putting these products in the hands of untold millions, giving brands much to smile about.
How Selfies, the Sharing Economy and Sugar Daddies Are Boosting Luxury Profits
The rise of selfie culture has turbo-charged desire for luxury goods. Now, cultural shifts are putting these products in the hands of untold millions, giving brands much to smile about.
Retail
These Are the Best Loved Brands of Fashion-Forward Millennials
A new Goldman Sachs report with Condé Nast highlights millennial shoppers' top 10 favourite brands.
These Are the Best Loved Brands of Fashion-Forward Millennials
A new Goldman Sachs report with Condé Nast highlights millennial shoppers' top 10 favourite brands.
Luxury
Sneakers: Luxury’s Gateway to Millennials
Luxury sneakers are the ultimate status symbols for a new generation of consumers. Now brands like Balenciaga, Versace and Gucci are upping their game.
Sneakers: Luxury’s Gateway to Millennials
Luxury sneakers are the ultimate status symbols for a new generation of consumers. Now brands like Balenciaga, Versace and Gucci are upping their game.
Retail
The Gucci-Gap Divide: How Luxury Is Winning the Race for Millennial Spend
Luxury labels like Gucci and Balenciaga — whose $1,300 'T-Shirt Shirt' spawned countless memes this week — are pulling away from the pack. When was the last time a Gap t-shirt generated that kind of traction on Instagram?
The Gucci-Gap Divide: How Luxury Is Winning the Race for Millennial Spend
Luxury labels like Gucci and Balenciaga — whose $1,300 'T-Shirt Shirt' spawned countless memes this week — are pulling away from the pack. When was the last time a Gap t-shirt generated that kind of traction on Instagram?
The News in Brief
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.
EssilorLuxottica Managers Defend CEO After Heir Lashes Out
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.
Zara Owner Looks to US for Next Phase of Growth
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.