Arnault Clan to Change LVMH Holding Structure to Ensure Control
Under the plan, the world’s biggest luxury group will be controlled by one entity, Agache SCA, after Christian Dior SE, one of the current holding companies of LVMH, is delisted.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
Louis Vuitton Seeks the Spotlight — Designer or Not
A performance by pop superstar Rosalía made Louis Vuitton’s menswear show a memorable spectacle, even as the brand has yet to name a successor to designer Virgil Abloh.
Why K-Pop Rules Fashion Week
From Prada to Dior, fashion’s embrace of Korean pop stars is going into overdrive as brands look to Asian consumers to fuel growth.
Masterclass | The New Statement Shoe: Reimagining Designer Footwear
The luxury shoe market continues to ride on post-pandemic momentum. Learn why with BoF Insights.
From Sustainability to Hyper-Connectivity: Discovering What the Future Holds for Physical Luxury Retail
Royalmount is a forthcoming mixed-use shopping district in Montreal oriented around sustainability, inclusivity and connectivity; in a new partnership with Royalmount, BoF Insights will explore how such developments could set the standard for physical retail of the future.
How Coach’s Parent Plans to Power Through a Recession
The US luxury group that owns Coach, Kate Spade and Stuart Weitzman is focused on customer-centric tactics and products to grow in turbulent times, says the CEO in an interview for The State of Fashion 2023.
Should Gucci Depend Less On Its Designers?
A low-key, transitional menswear show suggested the brand is saving its marketing and financial firepower for its next creative leader.
At Louis Vuitton, a New CEO’s Mission
This week, Dior’s Pietro Beccari was named CEO of LVMH flagship Louis Vuitton, luxury’s biggest brand with €20 billion in annual sales. The job comes with high stakes and big shoes to fill.
Isabel Marant’s Plan to Scale ‘Parisienne’ Luxury Into a €500M Business
The French designer brand has bounced back from the pandemic strongly, with 2022 sales approaching €300 million. Now, the company is laying plans for its next stage of growth, debuting a new logo to signal bigger ambitions.
Jan-Jan Van Essche: Under the Radar No More
The underground designer discusses the ‘inverse multiculturalism’ at the heart of his work on the eve of his first-ever fashion show at Pitti Uomo.
Louis Vuitton, Dior Get New CEOs in LVMH Shakeup
Pietro Beccari will succeed Michael Burke leading LVMH flagship Louis Vuitton, while Delphine Arnault will become Dior’s new CEO as part of the luxury conglomerate’s biggest executive reshuffle in years.
Victoria Beckham Sales Rise, But Profitability Remains Elusive
The brand’s sales have grown by double-digits for the past four seasons, CEO Marie Leblanc said.
France’s Andam Fashion Prize Doubles Grants for Accessories, Innovation
Chloé and Lacoste will mentor this year’s fashion prizes, while Hermès will tutor the accessories winner.
THE NEWS IN BRIEF
Reference Festival to Host ‘Freie Kunst’ Event at Art Basel Paris
The event runs from Oct. 22 to 25 and will mix participants from art, fashion, music and technology as part of the festival’s tradition of a ‘radical and unhinged exchange of ideas,’ said Mumi Haiati, founder of the event’s organiser Reference Studios.
Dior to Host Cruise Show in Shanghai
The LVMH-owned megabrand will show its Cruise 2028 line in the Chinese fashion capital on May 14, 2027.
Botswana Seeks Bigger De Beers Stake
Diamonds have underpinned the African country's economy since their discovery there in 1967.
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.
Mytheresa Owner’s Sales Rise as Ultra Wealthy Keep Shopping
LuxExperience posted a rise in sales as the luxury multibrand platform’s strategy of catering to the ultra wealthy helped it navigate a difficult environment for high-end fashion.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
Dior and A24 Announce Two-Year Collaboration
The partnership, which will kick off at the A24-owned, New York-based Cherry Lane Theatre, will comprise live events for film and theatre featuring established and emerging creative talent.