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.
Jacquemus Names Bastien Daguzan CEO
Designer Simon Porte Jacquemus previously held both the chief executive and creative director roles at the influential French brand.
Kim Jones’ ERL Collection: Don’t Call It a Collaboration
Dior Men’s artistic director invited Venice, California-based designer Eli Russell Linnetz to build a capsule nostalgic for the early 1990s, but helped him merchandise it for today.
LVMH to Accept Cryptocurrency At Watchmaker Tag Heuer
The unit’s CEO Frédéric Arnault says cryptocurrency will “deeply transform our industry and beyond.”
Burberry Chief Sticks to Strategy Amid Fresh Challenges
New CEO Jonathan Akeroyd intends to double down on the brand elevation strategy put in place by his predecessor, as Covid lockdowns hammer sales in the critical China market.
How Saint Laurent Became a $3 Billion Powerhouse
CEO Francesca Bellettini breaks down how she worked with designer Anthony Vaccarello to more than double sales in 5 years, leaning into an amped-up take on Parisian glamour, seasonless merchandising and rapid expansion in leather goods.
How Luxury Brands Court the 1 Percent
Lately, the game of attracting very important clients, or VICs, has kicked into high gear, as brands are acutely aware that wealthy shoppers are hungry for both luxury products and elaborate experiences post-Covid.
Will Burberry Take a New Direction?
This week, with luxury in the spotlight, everyone will be talking about Burberry and Richemont's annual results.
Louis Vuitton Lands in California
The stunning Salk Institute in La Jolla, California could have upstaged Nicolas Ghesquière’s latest collection. Instead, it brought it to life.
The Strategy Behind Balenciaga’s Destroyed Sneaker Stunt
Demna’s latest campaign, which showcases an extremely tattered version of Balenciaga’s new Paris Sneakers, was met with contention online — which was likely the point.
BoF LIVE: A New Model for Building Independent Fashion Brands
Please join us on Tuesday, May 17 at 17:00 BST / 12:00 EDT for a #BoFLIVE, based on our latest case study. Chief correspondent Lauren Sherman will be joined by Tomorrow chief executive Stefano Martinetto and Loverboy designer Charles Jeffrey to unpack Tomorrow’s new model.
Diesel’s Comeback Reignites Ambitions to Build an Italian Fashion Empire
OTB's flagship label Diesel is back in the fashion conversation amid a revamp by creative director Glenn Martens, who has overhauled its product offer and brought back the cheeky, transgressive marketing sensibility.
The Debrief: How Vacation Clothes Became Big Business
BoF’s Tamison O’Connor explains how the fashion industry is betting on resortwear as consumers return to their pre-pandemic lifestyles and travel rebounds.
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.