Dior and A24 Announce Two-Year Collaboration
The partnership, which will kick off at the A24-owned, New York-based Cherry Lane Theatre, will comprise live events for film and theatre featuring established and emerging creative talent.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
Gucci Sales Slide as Revival Slow to Take Shape
Revenue at Kering’s flagship brand fell 8 percent in the first quarter, missing analyst expectations, despite creative and management overhauls.
Gucci Sales Slide as Revival Slow to Take Shape
Revenue at Kering’s flagship brand fell 8 percent in the first quarter, missing analyst expectations, despite creative and management overhauls.
Luca de Meo’s Gucci Challenge
Seven months into his tenure, Kering’s new CEO has stabilised the company’s finances, but his primary challenge remains reviving growth at flagship brand Gucci.
Luca de Meo’s Gucci Challenge
Seven months into his tenure, Kering’s new CEO has stabilised the company’s finances, but his primary challenge remains reviving growth at flagship brand Gucci.
LVMH Sales Remain Sluggish Amid Middle East War
First-quarter sales at the group’s critical fashion and leather goods unit came in slightly below analyst expectations, as the war in the Middle East weighed on demand, despite signs of improvement in China.
LVMH Sales Remain Sluggish Amid Middle East War
First-quarter sales at the group’s critical fashion and leather goods unit came in slightly below analyst expectations, as the war in the Middle East weighed on demand, despite signs of improvement in China.
What Comes After the Golden Age of Travel Retail
While passenger numbers have recovered to pre-pandemic levels, sales in duty-free hubs like airports are sluggish. The reality is pushing many brands to rethink their presence: those that want to chase volume have to innovate the offering, or adapt their stores to function more as billboards.
What Comes After the Golden Age of Travel Retail
While passenger numbers have recovered to pre-pandemic levels, sales in duty-free hubs like airports are sluggish. The reality is pushing many brands to rethink their presence: those that want to chase volume have to innovate the offering, or adapt their stores to function more as billboards.
Report: Luxury Sales Dropped 30-50% in March at Mall of the Emirates
The war in Iran is weighing on sales at malls in Dubai and Abu Dhabi, with a 30-50 percent drop in sales and 15 percent drop in footfall at the Mall of the Emirates in March, a source told Reuters. The larger Dubai Mall saw a 50 percent drop in traffic.
Report: Luxury Sales Dropped 30-50% in March at Mall of the Emirates
The war in Iran is weighing on sales at malls in Dubai and Abu Dhabi, with a 30-50 percent drop in sales and 15 percent drop in footfall at the Mall of the Emirates in March, a source told Reuters. The larger Dubai Mall saw a 50 percent drop in traffic.
Dolce & Gabbana Appoints Stefano Cantino as Co-CEO
The recruitment of the former Gucci, Louis Vuitton and Prada executive follows the resignation of Stefano Gabbana as chairman in December.
Dolce & Gabbana Appoints Stefano Cantino as Co-CEO
The recruitment of the former Gucci, Louis Vuitton and Prada executive follows the resignation of Stefano Gabbana as chairman in December.
Luxury Superweek: Q1 Sales and Kering’s Strategy Reveal
This week, LVMH, Kering and Hermès report Q1 results, Kering hosts a capital markets day in Florence, and Pucci shows in Sicily.
Luxury Superweek: Q1 Sales and Kering’s Strategy Reveal
This week, LVMH, Kering and Hermès report Q1 results, Kering hosts a capital markets day in Florence, and Pucci shows in Sicily.
The BoF Podcast | Ask Imran Anything: On Boring Fashion, the Meaning of Luxury and Building Outside the System
In the second instalment of the BoF Podcast’s Ask Me Anything series, Imran Amed takes on listener questions about creative energy returning to the industry, what luxury really feels like, why independent brands don’t need the old gatekeepers, and how to keep going when the world feels uncertain.
The BoF Podcast | Ask Imran Anything: On Boring Fashion, the Meaning of Luxury and Building Outside the System
In the second instalment of the BoF Podcast’s Ask Me Anything series, Imran Amed takes on listener questions about creative energy returning to the industry, what luxury really feels like, why independent brands don’t need the old gatekeepers, and how to keep going when the world feels uncertain.
As De Beers Bid Deadline Looms, Botswana Pushes for Control
The government of Botswana — which owns 15 percent of the iconic diamond firm — is seeking to boost that stake beyond half the company.
As De Beers Bid Deadline Looms, Botswana Pushes for Control
The government of Botswana — which owns 15 percent of the iconic diamond firm — is seeking to boost that stake beyond half the company.
Dolce & Gabbana Co-Founder Resigned as Chair
The company confirmed the resignation, saying it had ‘no impact whatsoever on the creative activities carried out by Stefano Gabbana.’ According to sources, the mogul is considering options for his roughly 40-percent stake in the Italian fashion brand ahead of negotiations with creditors.
Dolce & Gabbana Co-Founder Resigned as Chair
The company confirmed the resignation, saying it had ‘no impact whatsoever on the creative activities carried out by Stefano Gabbana.’ According to sources, the mogul is considering options for his roughly 40-percent stake in the Italian fashion brand ahead of negotiations with creditors.
Luxury’s Q1: A Turnaround Test
In this week’s High Margin newsletter: First-quarter sales at LVMH, Kering and Hermès will take the temperature on whether luxury’s turnaround effort is translating to sales. Plus: Galeries Lafayette’s strategy, Brunello Cucinelli’s sales beat and Robert’s favourite store in France.
Luxury’s Q1: A Turnaround Test
In this week’s High Margin newsletter: First-quarter sales at LVMH, Kering and Hermès will take the temperature on whether luxury’s turnaround effort is translating to sales. Plus: Galeries Lafayette’s strategy, Brunello Cucinelli’s sales beat and Robert’s favourite store in France.
Brunello Cucinelli Q1 Revenue Rises 14%, Lifted By Robust Performance in the US
The high end cashmere specialist offered an early signal on the resilience of the luxury sector following the outbreak of the Middle East war.
Brunello Cucinelli Q1 Revenue Rises 14%, Lifted By Robust Performance in the US
The high end cashmere specialist offered an early signal on the resilience of the luxury sector following the outbreak of the Middle East war.
THE NEWS IN BRIEF
Princess Diana’s ‘Revenge Dress’ Comes to Auction at Sotheby’s
The black silk evening dress by Greek designer Christina Stambolian could fetch close to $300,000.
Jonathan Cohen Joins J. Mendel as Resident Designer
The New York-based designer is tasked with reviving the 156-year-old luxury fashion house, which filed for Chapter 11 bankruptcy in 2018.
Signet Lifts View as Cautious Consumers Splurge on Jewellery
The Jared, Kay and Zales owner raised its outlook for the second time this year as demand for jewellery remains resilient even as shoppers pull back on spending elsewhere.
European Luxury Stocks Face a Tough Second Half, HSBC Says
HSBC analysts downgraded LVMH and Burberry to hold as they said the second half of the year looks harder for soft luxury to navigate.
Longtime McQueen Collaborator Shaun Leane Launches New Label
The boundary-pushing jewellery designer, known for the elaborate pieces he crafted for Alexander McQueen in the 90s, is building a bespoke high jewellery and objects label dubbed 12.
UK’s Top Rolex Retailer Sees Strong Growth Fuelled by US Demand
Watches of Switzerland Group Plc is showing little sign of a summer lull with robust US demand and a pickup in its UK business underpinning expectations for strong revenue growth.
Pieter Mulier Shows First Versace Look on Nicole Kidman
The designer soft-launched his tenure at the Prada-owned label months ahead of his planned runway debut, dressing Kidman for the Los Angeles premiere of ‘Practical Magic 2.’