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.
Rethinking Luxury’s Distribution Strategy
Luxury brands and retailers’ business models and channel strategies are undergoing deep shifts, both online and off, as they adjust to new customer behaviours, reports The State of Fashion 2023.
Gucci Opens a Season of Uncertainty for Luxury Fashion
The Kering-owned brand will stage its first men’s show in three years while in between creative directors, one of many questions facing the industry in 2023. That, plus what else to expect in the coming week.
Why Adidas’ Lawsuit Against Thom Browne Is About More Than Just Stripes
The outcome of the case could expand the power to enforce trademarks across the fashion industry and beyond.
Lacoste Designer Louise Trotter Steps Down
The French sportswear label, which has not staged a runway show since 2021, is shifting to a ‘collaborative studio model.’
The Debrief | Why Designer Shoes Are So Expensive
A new BoF Insights report tracks the evolution of the fast-growing high-end footwear market — and why luxury shoppers are willing to spend more than ever on the perfect shoe.
Vivienne Westwood, Priestess of Punk, Has Died
The anti-establishment designer pioneered the punk look in mid-1970s London, leaving a lasting impact on fashion and wider culture.
The Best of BoF: Luxury’s Blockbuster Year
In 2022, luxury’s post-Covid rebound accelerated. Explore in-depth features and analysis about how brands and retailers are cultivating loyalty from top-spending clients, balancing runway dreams with smart pricing, and evolving their business models in the face of fierce competition.
Why Even Luxury Brands Can’t Quit Discounting
After avoiding markdowns for much of the last two years, many brands returned to their old ways this holiday season. Are discounts a necessary evil?
Fendi Goes Back to School to Save Centuries of Italian Tradition
The LVMH-owned brand is looking for ways to entice more young people to train in luxury craft.
Will 2023 Be Luxury’s Year of Succession?
Ageing billionaire founders still control luxury’s biggest groups. Recent appointments at LVMH and Prada have pushed the long-taboo topic of succession into the spotlight.
Sacai, Moncler and the Future Tense
Sacai designer Chitose Abe sees her small but perfect collaboration with Moncler as an intellectual exercise that reflects on the distant future of Remo Ruffini’s skiwear behemoth, writes Tim Blanks.
Lanvin Group Raises $150 Million in Public Debut
As the Chinese-owned luxury group raises fresh funds to fuel a turnaround, it’s contending with a cooling luxury market and a playing field dominated by much larger rivals.
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.