Mike Ashley’s Frasers Boosts Position in Burberry
Frasers Group Plc now possesses over 7 percent of the British label’s voting rights, placing it on track to be the brand’s biggest investor.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
Diesel Names Y/Project's Glenn Martens as Creative Director
The Belgian designer will continue at the helm of Y/Project while working to reinvigorate the denim giant.
How the Climate Crisis Is Reshaping Luxury
Consumers and investors are becoming increasingly concerned about the environment. Luca Solca examines four implications for the luxury sector, from alternative raw materials to which product categories will grow faster.
Op-Ed | ‘Kenzo Was Really the First Asian Designer’
Kenzo Takada, the first Asian designer to build a major Parisian fashion brand, redefined a historically white space and paved the way for others to follow, recall former Kenzo co-creative directors Carol Lim and Humberto Leon.
Mulberry Forecasts Reduced Losses on Improving Sales Trend
The group was struggling due to investment costs and a tough trading environment in its home market even before the pandemic hit.
Why Gucci Is Getting Into Resale
Levi’s is also launching a second hand site this week as brands bet on new business models to connect with consumers and navigate the pandemic.
Op-Ed | How Luxury Became Fast Fashion
Step by step, luxury brands have adopted the fast fashion model, with Covid-19 set to complete the shift, argues Liroy Choufan.
Trailblazing Designer Kenzo Takada Has Died
The Japanese designer, best known for his namesake line Kenzo, passed away following complications due to Covid-19. He was 81.
The BoF Podcast: Daniel Roseberry on the Schiaparelli Challenge
The artistic director tells Tim Blanks about reigniting the surrealist maison, and why fashion doesn’t have to be ‘relevant’ right now.
Matthew Williams’ Plan for Givenchy
Ahead of his debut at the storied French couture house, the former Gaga collaborator and founder of street-luxe label Alyx talks exclusively to Tim Blanks.
Luxury Brands Bank on a Raring China Market
The economic uncertainty caused by the pandemic means high-end brands now depend more than ever on Chinese consumers for sales.
Op-Ed | Could Crisis Re-Energise Fashion? It Happened in the 1970s
Turbulence and trauma gave rise to Yves Saint Laurent, Giorgio Armani, Karl Lagerfeld, Gianni Versace and more. It could happen again, argues Michael Coady, former editor-in-chief of Women’s Wear Daily and CEO of Fairchild Publications.
Anthony Vaccarello Reveals Collaboration with Helmut Lang
In an exclusive interview with Tim Blanks, Saint Laurent Creative Director Anthony Vaccarello reveals the thinking behind his new collaboration with elusive former fashion designer Helmut Lang and his vision for a post-pandemic fashion industry.
THE NEWS IN BRIEF
Zankov Appoints Its First CEO
Jack Tobin is joining Diane von Furstenberg artistic director Henry Zankov’s namesake label as CEO and part owner.
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.