Armani Open to More Than One Investor for Sale of 15% stake, CEO Says
The comments by chief executive Giuseppe Marsocci come as the brand reportedly considers the possibility of LVMH, L’Oreal and EssilorLuxottica sharing the stake.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
Why Thom Browne Is a Promising Pick for CFDA Chairman
The newly named head of American fashion’s top trade organisation is proof that independent designers in the US can build brands with both creative legitimacy and commercial heft.
Ralph Lauren’s Los Angeles Fashion Show Attracts Hollywood Heavyweights
Jennifer Lopez, Diana Keaton and others were on hand for the brand’s first-ever runway on the West Coast, where the customer base is swiftly growing.
Inside the $7 Billion Dior Phenomenon | The Debrief
How the 75-year-old luxury house tripled its revenue in just four years, according to BoF luxury editor Robert Williams.
LVMH Beats Estimates, Blames Tourist Shopping for Slowing US Growth
A strong dollar is encouraging Americans to spend more abroad, luxury’s biggest group said.
How a Heritage Watch Brand Is Expanding Its Audience
Jaeger-Lecoultre is collaborating with creators across disciplines, signing new ambassadors, and staging an exhibition in London’s Covent Garden.
The Fifth Fashion Week
Alexander McQueen, Raf Simons and others are taking advantage of the hum around the Frieze Art Fair — and a potential uptick in tourism. Plus, what else to watch for in the coming days.
Paloma Elsesser: The Model Who Overcame Otherness
‘I’m leaving pictures so maybe a girl hates herself a little bit less,’ says the plus-size, mixed-race muse who has pushed designers to produce clothes in bigger sizes and suffered ‘fatphobia’ and ‘tokenisation’ to become a symbol of body positivity.
Jacquemus: A Fashion Star’s Business Vision
For the first-time, the industry’s hottest independent designer—a charismatic, social-media savvy storyteller from the south of France—reveals the financial underpinnings of his burgeoning company and plans for the next phase of growth.
Deepika Padukone Is Cartier’s Newest Ambassador
The Bollywood actress and BoF 500 cover star signals the French jewellery house’s ambitions to broaden its reach among Indian consumers, both domestically and abroad.
Giorgio Armani: Lion in Winter
Fashion’s most successful designer is finally in touch with his tender side after a career driven by perpetual dissatisfaction. In an exclusive interview, he looks back on his life and addresses the mysteries of his succession plan.
The BoF Podcast | Marine Serre Questions the Fashion Industry’s Practices
The French designer, known for her embrace of eco-futurism, speaks to BoF founder and editor-in-chief Imran Amed about the evolution of her namesake brand and explains its deeper purpose.
Karl Lagerfeld: A Line of Beauty Is the Met Costume Institute’s 2023 Exhibition
The exhibition is set to bring together a collection of the late designer’s creations from Chanel, Fendi, Chloé, Balmain, Patou and his namesake Karl Lagerfeld brand.
THE NEWS IN BRIEF
Edward Buchanan Opens New Creative Hub in Milan
A new space called The Situation will host exhibitions and residencies and provide resources to Black, queer and other under-represented creatives.
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.
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.