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Europe’s high-end fashion houses are riding a burst of AI-fuelled wealth creation in the US. But growing concentration of wealth and a shrinking pipeline of new aspirational luxury shoppers could test the strength of the market.
Europe’s high-end fashion houses are riding a burst of AI-fuelled wealth creation in the US. But growing concentration of wealth and a shrinking pipeline of new aspirational luxury shoppers could test the strength of the market.
De Sarno has been named creative director of the Shanghai-based label owned by ICCF Group, which includes Kering among its investors.
De Sarno has been named creative director of the Shanghai-based label owned by ICCF Group, which includes Kering among its investors.
The luxury watch industry needs bigger, bolder innovation and ideas to lure new customers as it hits the limits of its well-worn strategy of boosting revenue with ever-pricier offerings.
The luxury watch industry needs bigger, bolder innovation and ideas to lure new customers as it hits the limits of its well-worn strategy of boosting revenue with ever-pricier offerings.
Zane Li’s Lii and Anil Padia’s Yoshita 1967 took the runner-up Karl Lagerfeld and Savoir-Faire prizes, respectively.
Zane Li’s Lii and Anil Padia’s Yoshita 1967 took the runner-up Karl Lagerfeld and Savoir-Faire prizes, respectively.
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The late Giorgio Armani stipulated in his will that the sale of around 15 percent of the company should take place between 12 and 18 months after his death, followed by the disposal of a larger stake or a public listing.
The late Giorgio Armani stipulated in his will that the sale of around 15 percent of the company should take place between 12 and 18 months after his death, followed by the disposal of a larger stake or a public listing.
‘The basic plan is to layer on growth,’ said WHP chairman Yehuda Shmidman.
‘The basic plan is to layer on growth,’ said WHP chairman Yehuda Shmidman.
The designer withdrew from the exhibition, planned in his honour, amid mounting backlash over antisemitic remarks. ‘I have decided, with great sadness, that it is best for the exhibition not to take place at this time,’ Galliano said in a statement.
The designer withdrew from the exhibition, planned in his honour, amid mounting backlash over antisemitic remarks. ‘I have decided, with great sadness, that it is best for the exhibition not to take place at this time,’ Galliano said in a statement.
The label founded by Virgil Abloh is parting ways with its creative director two years after LVMH sold the brand to Bluestar Alliance. No successor has been named.
The label founded by Virgil Abloh is parting ways with its creative director two years after LVMH sold the brand to Bluestar Alliance. No successor has been named.
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Silicon Valley is minting new multi-millionaires — and billionaires — at a rapid rate, as tech firms like SpaceX, OpenAI and Anthropic target huge IPOs. Fashion, travel and wellness are benefitting, but not all beauty companies can capitalise on the boom.
Silicon Valley is minting new multi-millionaires — and billionaires — at a rapid rate, as tech firms like SpaceX, OpenAI and Anthropic target huge IPOs. Fashion, travel and wellness are benefitting, but not all beauty companies can capitalise on the boom.
The league is set to announce a new partnership with Brooklyn-based demi-fine jewellery brand Catbird, its first official jewellery partner, proving that despite recent controversies, the WNBA remains an attractive partner for fashion.
The league is set to announce a new partnership with Brooklyn-based demi-fine jewellery brand Catbird, its first official jewellery partner, proving that despite recent controversies, the WNBA remains an attractive partner for fashion.
The fight over the late Leonardo Del Vecchio’s fortune deepened after the exit of one of his heirs from management roles at the eyewear company he founded.
The fight over the late Leonardo Del Vecchio’s fortune deepened after the exit of one of his heirs from management roles at the eyewear company he founded.
Global luxury brands face a deepening sales slump in China, as the country’s campaign to tax offshore wealth dampens spending by the country’s richest consumers.
Global luxury brands face a deepening sales slump in China, as the country’s campaign to tax offshore wealth dampens spending by the country’s richest consumers.
The Swiss luxury group appointed Anton Rupert, 39, as non-executive co-deputy chairman in charge of creative and commercial direction, signaling a long-awaited succession plan for founder Johann Rupert is underway.
The boundary-pushing jewellery designer, known for the elaborate pieces he crafted for Alexander McQueen in the 90s, is building a bespoke high jewellery and objects label dubbed 12.
Watches of Switzerland Group Plc is showing little sign of a summer lull with robust US demand and a pickup in its UK business underpinning expectations for strong revenue growth.
The designer soft-launched his tenure at the Prada-owned label months ahead of his planned runway debut, dressing Kidman for the Los Angeles premiere of ‘Practical Magic 2.’
Charlotte Fournet will head Pomellato and Krizia Cucurachi will lead DoDo as Luca de Meo continues his management reshuffle, tapping insiders for the key roles
The former creative director of Dior Homme and Berluti is bringing back his namesake brand with designs for men and women.
The fashion and beauty brand flagged strong demand for tailoring, occasion wear and elevated daywear as it posted a 15 percent rise in annual sales.
The UK fashion trade body has yet to name a successor.
