Bernard Arnault Joins X as LVMH CEO Fights Off Rumours of Family Disunity
French newspaper Le Monde published a six-part series last week on the tycoon, including alleged tensions among his family members driven by succession.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
As De Beers Bid Deadline Looms, Botswana Pushes for Control
The government of Botswana — which owns 15 percent of the iconic diamond firm — is seeking to boost that stake beyond half the company.
As De Beers Bid Deadline Looms, Botswana Pushes for Control
The government of Botswana — which owns 15 percent of the iconic diamond firm — is seeking to boost that stake beyond half the company.
Dolce & Gabbana Co-Founder Resigned as Chair
The company confirmed the resignation, saying it had ‘no impact whatsoever on the creative activities carried out by Stefano Gabbana.’ According to sources, the mogul is considering options for his roughly 40-percent stake in the Italian fashion brand ahead of negotiations with creditors.
Dolce & Gabbana Co-Founder Resigned as Chair
The company confirmed the resignation, saying it had ‘no impact whatsoever on the creative activities carried out by Stefano Gabbana.’ According to sources, the mogul is considering options for his roughly 40-percent stake in the Italian fashion brand ahead of negotiations with creditors.
Luxury’s Q1: A Turnaround Test
In this week’s High Margin newsletter: First-quarter sales at LVMH, Kering and Hermès will take the temperature on whether luxury’s turnaround effort is translating to sales. Plus: Galeries Lafayette’s strategy, Brunello Cucinelli’s sales beat and Robert’s favourite store in France.
Luxury’s Q1: A Turnaround Test
In this week’s High Margin newsletter: First-quarter sales at LVMH, Kering and Hermès will take the temperature on whether luxury’s turnaround effort is translating to sales. Plus: Galeries Lafayette’s strategy, Brunello Cucinelli’s sales beat and Robert’s favourite store in France.
Brunello Cucinelli Q1 Revenue Rises 14%, Lifted By Robust Performance in the US
The high end cashmere specialist offered an early signal on the resilience of the luxury sector following the outbreak of the Middle East war.
Brunello Cucinelli Q1 Revenue Rises 14%, Lifted By Robust Performance in the US
The high end cashmere specialist offered an early signal on the resilience of the luxury sector following the outbreak of the Middle East war.
How Selfridges Plans to Lock in the 1%
The UK department store chain’s new ‘members club’ — the biggest renovation to its London flagship in a decade — merges private shopping, hospitality and a stage for brand experiences with the logic of an airline loyalty scheme. BoF has the first look.
How Selfridges Plans to Lock in the 1%
The UK department store chain’s new ‘members club’ — the biggest renovation to its London flagship in a decade — merges private shopping, hospitality and a stage for brand experiences with the logic of an airline loyalty scheme. BoF has the first look.
How to Bring Back a Beloved Watchmaker: The Resurrection of Universal Genève
Breitling CEO Georges Kern wanted to add more to his company’s offering to satisfy its private equity ownership. So he dug into history to find one of the watch collecting community’s favourite lost brands.
How to Bring Back a Beloved Watchmaker: The Resurrection of Universal Genève
Breitling CEO Georges Kern wanted to add more to his company’s offering to satisfy its private equity ownership. So he dug into history to find one of the watch collecting community’s favourite lost brands.
The Art of Memory-Making: Inside The Ritz-Carlton’s Experience-Led Strategy
Luxury travel is being reshaped by a demand for discretion, individuality and deeper connection. In an interview with Tina Edmundson, president of luxury at Marriott International, BoF examines how The Ritz-Carlton has built its reputation on anticipating the needs of its guests, with service and personalisation at the centre of the experience.
The Art of Memory-Making: Inside The Ritz-Carlton’s Experience-Led Strategy
Luxury travel is being reshaped by a demand for discretion, individuality and deeper connection. In an interview with Tina Edmundson, president of luxury at Marriott International, BoF examines how The Ritz-Carlton has built its reputation on anticipating the needs of its guests, with service and personalisation at the centre of the experience.
Kering Shake-Up Reaches Jeweller DoDo as CEO Exits
DoDo chief Teejana Beenessreesingh has left the company after less than a year in the role, Kering confirmed to BoF as the French group sharpens its focus on its jewellery brands.
Kering Shake-Up Reaches Jeweller DoDo as CEO Exits
DoDo chief Teejana Beenessreesingh has left the company after less than a year in the role, Kering confirmed to BoF as the French group sharpens its focus on its jewellery brands.
Carven Design Director Mark Thomas Exits Brand
Thomas is leaving the historic French fashion house, owned by Chinese group Icicle, after a year in the position.
Carven Design Director Mark Thomas Exits Brand
Thomas is leaving the historic French fashion house, owned by Chinese group Icicle, after a year in the position.
LVMH Shares Fell Most Ever in First Quarter on Luxury Slump
Shares of the luxury bellwether fell 28 percent in the first quarter as the war in the Middle East clouds the global economic outlook and intensifies demand headwinds for luxury goods.
LVMH Shares Fell Most Ever in First Quarter on Luxury Slump
Shares of the luxury bellwether fell 28 percent in the first quarter as the war in the Middle East clouds the global economic outlook and intensifies demand headwinds for luxury goods.
Is the Luxury Watches Recovery on Hold Again?
In his latest bi-monthly briefing, watches expert Robin Swithinbank examines how the war in the Middle East is weighing on growth prospects and offers a preview of the sector’s flagship annual fair, Watches & Wonders.
Is the Luxury Watches Recovery on Hold Again?
In his latest bi-monthly briefing, watches expert Robin Swithinbank examines how the war in the Middle East is weighing on growth prospects and offers a preview of the sector’s flagship annual fair, Watches & Wonders.
‘Optimistic, Clear, Grounded’: Courrèges Plots New Chapter With Drew Henry
Henry, a Central Saint Martins graduate who worked at Phoebe Philo’s Celine, JW Anderson and Burberry, will succeed Nicolas Di Felice as artistic director of the Artémis-owned fashion house.
‘Optimistic, Clear, Grounded’: Courrèges Plots New Chapter With Drew Henry
Henry, a Central Saint Martins graduate who worked at Phoebe Philo’s Celine, JW Anderson and Burberry, will succeed Nicolas Di Felice as artistic director of the Artémis-owned fashion house.
THE NEWS IN BRIEF
CVC Mulls Buying Stake in Jeweller APM Monaco From TPG
CVC Capital Partners is considering buying a stake in the fashion jeweller from private-equity firm TPG Inc., according to people familiar with the matter.
Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
Mulberry Quarterly Sales Jump 23% as Turnaround Gathers Pace
The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.
Phillip Lim Announces New Brand PlayLoveWin
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.
Swatch Reports Better First-Half Sales but Misses Profit Forecasts
Net sales rose 8.5 percent year on year at constant exchange rates, but the Swiss group’s profit was hit by negative currency effects.
Chanel Says It Is Cooperating in Italy Labour Probe, Has Cut Ties With Subcontractor
The French fashion house said cut ties weeks ago with the subcontractor concerned, instructing its packaging supplier to end the relationship two days after receiving an alert on May 18.
Italian Police Visit Fashion Firms Including Cucinelli and Moncler in Labour Probe
Police visited nine high-end fashion firms as part of an investigation into alleged exploitation of workers at subcontractors.