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.
Harris Reed Named Nina Ricci Creative Director
The communications-savvy maker of gender-fluid demi-couture will get a shot a reviving interest in the Puig-owned Paris brand alongside new business chief Edwin Bodson.
Milan Fashion Week Cheat Sheet
Gucci and Prada are big brands with something to prove, while a trio of well-known labels have brought in new designers to juice sales. Plus, what else to watch for in the coming week.
Mytheresa Gets a Boost From Post-Pandemic Travel Rebound
Shares rose as the Munich-based e-tailer issued a positive outlook for sales and said it had cut net losses by four.
Simone Rocha Is Making Men Beautiful
The London-based designer is expanding into menswear with a collection that fuses strength and fragility, writes Tim Blanks.
Richemont’s E-Commerce Ambitions: End or New Beginning?
After negotiating a staged exit from Yoox Net-a-Porter in exchange for shares in Farfetch, the Swiss group could hold a 25-percent stake in the fashion platform within 5 years.
The Business of Being Law Roach
The celebrity stylist has built a business that goes well beyond the red carpet, from magazine covers and marketing campaigns to judging reality television competitions and getting billionaires seated at couture shows. He spoke with BoF about his approach to building a multi-hyphenate empire.
Heading Into London Fashion Week, Brands Have Some Tough Calls to Make
This week, Britain’s fashion industry is weighing its options as the nation mourns the death of Queen Elizabeth II.
What the Queen Means to Designers
Queen Elizabeth was an inspiration for fashion designers from Vivienne Westwood to Alessandro Michele to Richard Quinn. Will any British royal have the same influence again?
The BoF Podcast | Casablanca’s Charaf Tajer on Designing for Impossible Possibilities
The designer speaks with BoF’s founder and editor-in-chief Imran Amed about building his own business, the power of aspiration and opening doors for people who want to break into fashion.
Coach CEO: Accessible Luxury ‘Put Us in a Box That We Don’t Live in Anymore’
After a decade of false starts, Coach is finally hitting its stride with products people want, restrained discounting and distribution, a newfound digital savvy and fluency in Gen-Z. Finding new ways to grow without falling back into its old habits will still be tricky.
Marco de Vincenzo’s Plan for Etro
Last year, L Catterton took a 60 percent stake in the Italian label, triggering a shakeup. “I know what Etro should be and it's definitely not boho,” said new designer Marco de Vincenzo ahead of his Milan debut. “That world is over.”
Can a Kid From California Remake Bally?
Rhude founder Rhuigi Villaseñor convinced his followers to buy t-shirts and gym shorts at luxury prices. Now, as creative director of the storied, if middling, Swiss house, he’s expanding his purview, with a focus on “sexy, elegant” fashion and accessories for women.
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.