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.
Vestiaire Collective Is Buying Resale Platform Tradesy
With the acquisition, Vestiaire Collective and Tradesy will merge their teams and share company tools like technology in the luxury authentication space.
Ralph Lauren Unveils Collection for HBCUs Morehouse and Spelman
The brand aims to honour the contributions of Black students to American collegiate style — drawing inspiration from fashion worn at historically Black colleges from 1920 to 1950.
Luxury Watch NFTs: Opportunity or Headache?
For high-end watchmakers, the metaverse comes with promise, as well as philosophical and legal challenges.
Salvatore Ferragamo Bets on Buzzy Maximilian Davis as Creative Director
The appointment is the first major move by new chief executive Marco Gobbetti, who aims to re-energise the Florentine house.
Prada’s Growth Plans
This week, everyone will be talking about Prada’s growth plans, updates on Russia, China and other geopolitical hotspots from H&M and Inditex, plus Alexander McQueen’s show in New York.
What’s Really Going On at Capri
Joshua Schulman’s surprise exit from the Michael Kors and Versace owner puts pressure on John Idol in his quest to build an LVMH competitor.
What Will Sanctions Against Russian Diamonds Mean for Jewellery?
The sanctions against the Russian diamonds now have the diamond trade at the centre of the war, and could send jewellery companies reeling.
Decoding Demna’s Vision for Balenciaga
The designer talks to Tim Blanks about the apocalyptic power of his latest Balenciaga show and why reality beats the metaverse.
Farfetch Faces Tax Scrutiny in Italy
The online luxury giant said Italian authorities were ‘reviewing’ transfer pricing at an unnamed subsidiary. Its Italian holdings include Off-White operator New Guards Group, Palm Angels and Farfetch Italia.
The Strategy Behind Dior’s New Megastore
CEO Pietro Beccari reveals how a sprawling revamp of Dior’s historic Avenue Montaigne hub fits into wider plans for the fast-growing brand. ‘It’s not a store, it’s a universe,’ he said.
The Plan for Off-White After Virgil Abloh
Executives at New Guards Group and LVMH reveal exclusively to BoF the ‘endless’ pipeline the designer left behind and their plans to harness his legacy to build a multi-billion-dollar brand.
Why an LVMH-Ralph Lauren Deal Is Unlikely
For LVMH, the American brand is too far removed from its core luxury-focused business model.
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.