Luca de Meo Says Italy Remains Key, Rules Out Production Shift
The Kering CEO also denied any interest in buying a minority stake in Armani, adding that the group was focusing on other challenges.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
Luxury Sales Set to Grow by 5 to 15% This Year, Bain Says
The global luxury market accelerated sharply in early 2022, the consultancy found, but risks slowing due to macroeconomic pressures and Covid-19 lockdowns in China.
How a Little Italian Hotel Became a Global Fashion Brand
Pellicano group CEO and creative director Marie-Louise Sciò has turned her family’s hospitality business into a name with international caché, partnering with the likes of Birkenstock and Matchesfashion. Now, the group is an attractive acquisition target.
For Luxury Brands, ‘More of the Same’ Doesn’t Cut It Anymore
This week, everyone will be talking about the men’s shows in Milan and Paris, plus a big NFT conference in New York.
Dover Street Market Adds Brett Westfall to Brand Incubator
DSM Paris will act as showroomer and agent for the Los Angeles-based artist’s label, lifting the number of brands in its stable to 11.
Last Mile Delivery Start-Up Wins LVMH Innovation Prize
Toshi, a white-glove delivery service that has contracts with Chanel and Dior, was announced the winner of LVMH's 2022 Innovation Award.
The Debrief | Why Chanel Is Opening Private Boutiques
BoF’s luxury editor Robert Williams offers insight into the surprising news that the mega-label plans to open stores dedicated to serving top customers.
Ann Demeulemeester’s Enduring Modernity
‘I do not like timeless,’ said the Belgian designer, whose freshly opened retrospective highlights a body of work that is both of its time and completely modern. What does that spell for her brand’s reboot under Claudio Antonioli?
Looking for Activewear’s Future? Better Call Saul
From voguing balls to top fashion competitions, young Londoner Saul Nash has been taking home trophies. Who better than a dancer to understand clothes that need to move?
Kering Aims to Double Saint Laurent Sales to €5 Billion
The group said it would grow the label’s retail network worldwide, including a deeper push into the US.
Natacha Ramsay-Levi and Bianca Saunders Join New Leather Design Collective
Netherlands-based manufacturer Ecco Leather also tapped designers Kostas Murkudis and Isaac Reina to found AT.Kollektive, a new design project that aims to highlight the creative potential of leather.
Louis Vuitton’s Shifting Celebrity Strategy
The French leather goods giant has found success with a focused approach to celebrity dressing. Now, it’s broadening its strategy to TikTok stars and Bollywood actresses.
In Rare Reunion, ‘Antwerp Six’ Answer Students’ Questions
Five members of the legendary Antwerp Six — Walter Van Beirendonck, Dries Van Noten, Ann Demeulemeester, Dirk Van Saene and Marina Yee — discuss the pressures of being a designer, how the industry has changed and staying true to yourself, courtesy of Belgian magazine Knack Weekend.
THE NEWS IN BRIEF
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.
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.