Zankov Appoints Its First CEO
Jack Tobin is joining Diane von Furstenberg artistic director Henry Zankov’s namesake label as CEO and part owner.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
Ludovic de Saint Sernin: ‘My Queer Community Saved My Business’
How the small but growing fashion label Ludovic de Saint Sernin, powered by its designer’s own sexual awakening and once-taboo gay imagery, survived the pandemic with a little help from its Instagram community.
Richemont’s New Brand Is a Long-Term Play
The conglomerate has acquired Delvaux, a 200-year-old handbag brand that has seen rising sales in recent years. But the deal doesn’t help Richemont close the soft luxury gap with rivals Kering and LVMH.
BoF LIVE: Olivier Rousteing on a Decade at Balmain
The Balmain creative director speaks to Tim Blanks about making a documentary on the search for his birth parents and the power of his “Balmain Army” of influencers.
Richemont Acquires Delvaux
The luxury conglomerate has acquired 100 percent of the Belgian leather goods maison in a private transaction.
Hodinkee: Cultivating the Next Generation of Watch Fans
Toby Bateman, CEO of the content-and-commerce watch universe Hodinkee, explains how the growth of e-commerce and community-based retail is primed to shift the business of watches in the years to come.
Case Study | Can Selfridges Future-Proof the Department Store?
Selfridges has attracted a bid from a potential buyer at a $5.7 billion valuation, the latest indication that the department store’s big bet on physical retail is paying off. But after a bruising pandemic year, the British chain could struggle to rebound amid a continued collapse in international tourism and a shift to online sales.
Marc Jacobs Returns to the Runway
The designer presented his first collection since February 2020, amid an uncertain but optimistic time for the city’s fashion industry.
Shaun Leane: Designing Jewellery for a Market in Rapid Flux
The edgy founder of his namesake brand says flux, from changes in wedding customs to a shift in preferences for precious stones to heightened scrutiny on sourcing practices, will give the jewellery sector a needed shake-up.
What Now for Burberry’s Turnaround?
CEO Marco Gobbetti is leaving for Salvatore Ferragamo with the British brand’s revival only partially successful.
Christopher Ward: Probing Data to Remain Distinctive
As competitors proliferate, the UK company with its own in-house Swiss-made movement remains committed to the digital direct-to-consumer model it helped pioneer but CEO Mike France says data-driven innovation will set the brand apart for its next chapter.
LVMH’s Billion Dollar Retail Bet
The luxury giant has spent 15 years and nearly $1 billion resurrecting Parisian department store La Samaritaine. Does it still make sense?
Mejuri: Drafting a New Sustainability Roadmap
Mejuri founder Noura Sakkijha explains why jewellery brands should look beyond existing frameworks to build a more sustainable future for a sector that has faced scrutiny over its impact on the environment and the welfare of its workers.
THE NEWS IN BRIEF
LVMH, Kering Update Model Safety Guidelines
Nearly a decade since the luxury groups first published a charter of model protections, they are introducing new measures to protect those working in the industry.
US Luxury Spending Slows, Citi Data Shows
US credit card spending on luxury brands fell for a third consecutive month in September, according to data from Citi.
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.
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.