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.
Remember Show in a Box? Meet Magazine in a Box
‘_____is fun’ is a new experiential media title that cannot be purchased, only gifted or shared.
The BoF Podcast: The Future of Moncler’s ‘Genius’
At BoF VOICES, Remo Ruffini speaks to Imran Amed about adapting his brand’s programme of designer collaborations to a post-pandemic reality where Chinese customers and online activations are paramount.
Louis Vuitton’s CEO on Navigating the Pandemic and the Future of Luxury
The French megabrand was hit hard by the pandemic. But Chief Executive Michael Burke led Louis Vuitton to a healthy rebound by engaging local clients and driving sales online. Now, the executive is calling for a return to the original values of luxury.
Why Chloé Picked Gabriela Hearst
The New York-based Uruguayan designer succeeds Natacha Ramsay-Levi at the Richemont-owned label, bringing a track record of success in handbags and a passion for eco-friendly practises.
Moncler Buys Stone Island in Transformative Move
Cult sportswear brand Stone Island found a sweet spot in the age of luxury streetwear. With a €1.15 billion euro deal to acquire the label, Moncler is opening the door to become a multi-brand group.
Balenciaga Joins Fashion’s Video Game Craze
This week, everyone will be talking about Balenciaga’s unique approach to debuting its new collection and holiday shipping snafus. Get your BoF Professional Cheat Sheet.
Jonathan Anderson, Aurora James, Samuel Ross and More Honoured at the Fashion Awards 2020
Raf Simons and Muiccia Prada were also among the 20 industry stars recognised at the annual ceremony, which has been reimagined for the pandemic.
Chloé's Natacha Ramsay-Levi Steps Down
The designer is leaving the Richemont-owned fashion house after nearly four years.
Moncler to Stage Genius Show in China in Pandemic Pivot
Speaking at VOICES 2020, Chairman and CEO Remo Ruffini called the move a ‘software update’ to the Italian skiwear brand’s marketing strategy, designed to harness momentum in the critical Chinese market.
Hodinkee Raises $40 Million and Hires Mr Porter’s Toby Bateman as CEO
The online destination for high-end new and vintage watch fans, founded by Benjamin Clymer in 2008, is aiming to scale its content-meets-commerce model in a challenging watches market.
Luxury’s E-Commerce Shake-Up Is Just Getting Started
Executive changes at LVMH, YNAP and MatchesFashion are the latest sign of rapid change in a hyper-competitive market where the stakes are high and rising.
LVMH Shakes Up Digital Team, Plans Faster Move to Shared Tech
The group named its first omnichannel director as chief digital officer Ian Rogers exits. Its 75 brands are set to speed their migration to shared technology systems.
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.