Yui Chen Wins Hyerès Festival’s Top Fashion Prize
The Chinese designer won the grand prize for her airy, sculptural pieces at the 41st edition of the festival, which is undergoing a revamp under new leadership.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
Louis Vuitton Reopens Ready-to-Wear Atelier to Make Hospital Gowns
Chief Executive Michael Burke tells BoF about the effect of the pandemic shutdown on the business and the beginning of a return to normal in China.
François-Henri Pinault Announces Pay Cut
The chairman and CEO of Kering's fixed salary will be cut by 25 percent until the end of 2020.
Brunello Cucinelli Set to Miss 2020 Targets Due to Covid-19, Halts Dividend
First-quarter revenues for the Italian group fell 2.9 percent at constant exchange rates to €156.7 million ($170.24 million).
For Luxury, an Acceleration of the Inevitable
Will the coronavirus pandemic change the way consumers shop forever? When it comes to the market for personal luxury goods, expect behaviour to shift far more quickly than anticipated.
How Will the Jewellery Market Weather Covid-19?
In the past, hard luxury has served as a form of universal currency during times of war and strife. But will the same be true in this pandemic?
Independent Fashion Labels of the World, Unite!
There’s strength in numbers, argues Lauren Sherman.
Tiffany Says Australian Regulators Seek More Time to Review LVMH Deal
The decision is due to the coronavirus outbreak and could delay the closure of the deal, which is expected to be finalised by mid-2020.
The Story of Telfar: Agony, Ecstasy and Covid-19
After more than a decade of toil, American designer Telfar Clemens was finally poised for mainstream success, with a hit bag nicknamed the ‘Bushwick Birkin’ and a cultural message ripe for the times. Then came coronavirus.
The BoF Podcast: Charles Jeffrey on What It’s Like to Be a Rising Designer in the Midst of a Pandemic
In the latest special edition of the BoF Podcast, designer Charles Jeffrey talks to BoF Editor-at-Large Tim Blanks about self-reflection during the coronavirus crisis, and the evolution of his brand, Loverboy.
Does Chanel's Barely There E-Commerce Strategy Make Sense in the Pandemic?
The luxury giant does not sell fashion, fine jewellery or watches online, leaving it without alternatives for many of its lucrative categories as stores are closed.
Sergio Rossi Dies at 84
The iconic footwear designer passed away after contracting Covid-19.
Moda Operandi Exits Men’s Business
The online luxury retailer is cutting back, as the market takes a Covid-19 dip.
THE NEWS IN BRIEF
Hublot Taps Ex-Audemars Piguet Chief François-Henri Bennahmias as Consultant
The move, which was facilitated by Jean Arnault, comes as Hublot undergoes a repositioning in a bid to reignite sales.
Chanel Extends Revamp as Fashion Head Pavlovsky Exits Board
The move follows CFO Philippe Blondiaux’s decision to retire at the end of this year after more than 15 years at Chanel.
Botswana Said to Near Agreement on Size of Its De Beers Stake
Ongoing talks between the nation’s government and Global Diamond Consortium are likely to see Botswana boost its stake in De Beers by 10 percent.
Rolex and Gold Were for US and Not Trump, Swiss Trade Chief Says
The goods delivered last November by a business delegation seeking relief from Trump’s onerous tariffs became a matter of national controversy in Switzerland.
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.
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.