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.
Kris Van Assche Exits Berluti
The LVMH-owned men’s label, known for its shoes and custom suiting, said it would adopt a less structured approach to presentations.
How Michael Kors Became New York Fashion’s Ultimate Entertainer
He couldn’t sing, he couldn’t dance, but from Studio 54 to Broadway to Seventh Avenue, he designed his way into a 40-year success story.
Accessible Luxury’s Big Opportunity
This week, everyone will be talking about Michael Kors’ 40th anniversary show, Gucci’s first-quarter sales and Fashion Revolution Week.
After A Deal That Wasn’t, Bally Tries To Get Back on Track
The Swiss shoemaker owned by JAB Holdings is opening three new flagships, hoping the time is right for its classic style.
Alessandro Michele: ‘I Don’t Want to Be Bored by Myself’
The designer celebrated Gucci’s centenary with a collection that was all about rebirth.
Buying Diamonds in Lockdown? Shoppers Turn To Whatsapp
The pandemic has prompted luxury goods companies to use social media, video and virtual showrooms to woo their wealthy customers.
LVMH’s Fashion Sales Surge, Setting High Bar for Rivals
Dior and Louis Vuitton led fashion division sales that jumped 37 percent compared to 2019, ‘smashing’ expectations. How did they do it?
The Next Generation of Watch Buyers
The watch market, long focused on men of a certain age, is getting a boost from women and younger consumers thanks to the rise of watch-focused social media accounts and more youth-focused marketing.
Luxury’s Post-Pandemic Future
This week, everyone will be talking about LVMH’s post-pandemic outlook at its annual meeting, the start of Ramadan and BoF’s Professional Summit on closing fashion’s sustainability gap.
Valentino Factory That Produces Rockstud Shoes Destroyed in Fire
The company announced a recovery plan to make up for the loss of a site that produced 1,300 pairs a day.
How High Can Fashion Prices Go?
Luxury goods are more expensive than ever, prompting sticker shock on social media. And yet, consumers continue to pay up.
What Makes Kim Run
As well as designing blockbuster collections for Dior and Fendi, the master of art and commerce found time to edit the latest issue of Vogue Italia.
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.