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.
What’s Next for LVMH’s Fashion Group
As Louis Vuitton and Dior power ahead, designer departures and disposals elsewhere in the luxury giant’s portfolio suggest its smaller fashion assets are under scrutiny. Has the strategy really changed?
How Big Can Farfetch Get?
Luca Solca calculates the size of the fashion platform’s total addressable market and its projected share of this market by the end of 2025.
Dover Street Market Reimagines the Model for Mission-Based Brands
The Comme des Garçons-backed retailer is adding Dan Colen’s Sky High Farm to its Dover Street Market Paris brand incubator and asking stakeholders across the value chain, from suppliers to retailers, to donate a portion of their profits to fight food insecurity.
Shelly Verthime on Alber Elbaz’s Fashion Dreams
The late designer’s teacher turned close collaborator and friend talks to Tim Blanks about how Elbaz communicated his fashion dreams to the world.
Italy’s OTB Expects To Accelerate Creation of Luxury Hub
The luxury group is looking to acquire new fashion brands, as well as production and distribution firms in order to expand its reach.
How ‘Revenge Travel’ Will Impact Luxury Sales
From border re-openings to the repatriation of spending, several factors will shape how and where Chinese customers buy luxury goods in the coming years.
Lessons for the Fashion Industry From Alber Elbaz’s Talk at VOICES 2018
The late designer shared his musings, wisdom and advice for the fashion industry in a talk at BoF VOICES in 2018.
Kenzo To Part Ways With Designer Felipe Oliveira Baptista
The former Lacoste creative director is set to leave the brand when his contract expires in June, as LVMH re-examines underperforming units.
Designer Alber Elbaz Dies of Covid-19, Aged 59
The former Lanvin creative director’s death comes shortly after he launched a new venture, AZ Factory, with Richemont.
Why Shoppers Are Obsessed With ‘Summer Camp’ Jewellery
The popularity of $450 Balenciaga beaded bracelets and $24 Urban Outfitters emoji chokers is a sign that consumers are craving fun statement pieces for their post-pandemic wardrobes.
Hermès Sales Bounce Back 44 Percent
The brand’s handbag business was already famously resilient. Now categories like shoes, jewellery and homeware are surging too.
Does Kering Need a Major Acquisition?
Flagship brand Gucci is bouncing back, but has yet to recapture the heat of its pre-pandemic boom times. Signs are growing that the French group will seek a transformational deal.
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.