Frasers Group Steps Up Luxury Push With New Division, Larger Burberry Stake
The British retail group has brought its stakes in Burberry, Hugo Boss and Mulberry together with its luxury retail operations.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
Unpacking Gucci’s Hollywood Show
While luxury peers have largely returned to traditional fashion weeks, the Italian megabrand landed in Los Angeles this week for an off-schedule extravaganza.
BoF Live: Gabriela Hearst in Conversation with Tim Blanks
Join BoF’s editor-at-large Tim Blanks in conversation with designer Gabriela Hearst on the evolution of Chloé, sustainability and fashion after Covid-19.
Can Schiaparelli Commercialise Its Couture Revival?
American designer Daniel Roseberry has put Schiaparelli back in the spotlight. A series of pop-up shops at Dover Street Market are the latest sign the brand is aiming to grow distribution beyond its Paris couture salons.
Angelica Cheung: Chinese Customers Will ‘Expect to See Something Different’ When They Travel Again
In Paris, everything is prepared for the return of big-spending tourists. Stores are open, mirrors shined, brand leaders bullish that the global capital city of luxury remains irresistible.
Tomorrow Acquires Majority Stake in Martine Rose Label
In a first for the London-based showroom-turned-brand accelerator, the equity investment also includes a share swap, giving Martine Rose an undisclosed stake in the Tomorrow business.
Tracking the Evolution of Hermès
Hermès’ timeless positioning has helped sales bounce back ‘as if the pandemic never happened.’ But that doesn’t mean change isn’t afoot at the iconic French luxury house.
John Galliano: Fashion’s Greatest Showman Turns Ciné-Auteur
The industry’s master of make-believe insists, ‘I would feel lame to just go back to a white runway and a white box,’ as he tells Tim Blanks about his latest film.
The Challenges Facing Burberry’s Next CEO
Burberry Names Jonathan Akeroyd New CEO. The appointment of Versace chief Akeroyd comes four months after current Burberry CEO Marco Gobbetti announced his departure to Salvatore Ferragamo, leaving the British brand’s turnaround only partially complete.
Farfetch Enters Private Label, Launches New Brand with New Guards Group
The platform is betting that womenswear label There Was One will capture anti-hype shoppers looking for sustainable wardrobe staples.
Transforming Luxury Episode 6: Could Luxury Become Responsible?
Designer Eileen Fisher, SVP of supply chain innovation at the Savory Institute, Megan Meiklejohn, general secretary of the Aura Blockchain Consortium, Daniela Ott, and co-founder of Project Everyone, Gail Gallie, discuss sustainability within the industry and why luxury must use its influence for good.
Report: Richemont Considers Divesting From YNAP in Favour of Farfetch Partnership
Getting the loss-making e-tailer Yoox Net-a-Porter (YNAP) off its balance sheet has become a priority for Swiss luxury group Richemont and its chairman Johann Rupert, Miss Tweed reported.
How Golden Goose Made Scuffed-Up Sneakers as Profitable as Chanel
The Italian brand occupies a lucrative niche with its distressed Americana-style trainers. Now, CEO Silvia Campara is betting on a strategy rooted in ‘co-creation’ to take the brand to new heights.
THE NEWS IN BRIEF
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.
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.