Mulberry Posts 18% Rise in First-Half Sales, Sending Shares Up
Resilient demand for heritage bags and a higher share of full-price sales boosted the British luxury handbag maker, sending shares nearly 4 percent higher in early trading.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
A.P.C.’s Jean Touitou: ‘I’m Ready for a War’
The French designer talks to Tim Blanks about how he’s navigating the crisis and why the coronavirus can’t kill fashion.
Case Study | The Next Wave of Luxury E-Commerce
Online luxury retail is now 20 years old. But after two decades of innovation, once-groundbreaking multi-brand giants face significant changes in consumer behaviour — and a growing, diverse stable of competitors — just as the coronavirus epidemic turns the world upside down. What happens now?
What Shoppers Are Thinking Right Now
Consumers are feeling denial, anxiety, dread and hope. But even if they aren’t in the buying mood, brands can use this time to build deeper relationships.
Gabriela Hearst, BoF 500: ‘It’s the Number One Rule of Survival: Don’t Panic’
During difficult times, go really slow, look for opportunities and don’t panic, says the New York-based designer.
Chanel to Produce Surgical Masks for France
The Parisian house, which had temporarily closed production sites in France, Italy and Switzerland due to coronavirus, said it would start manufacturing protective gear once prototypes were approved.
London and Paris Men’s and Couture Fashion Weeks Cancelled, Milan Men’s Week Postponed
The Covid-19 epidemic is upending fashion weeks around the world.
The BoF Podcast: Li Edelkoort Says the Coronavirus Is a Representation of our Conscience
In the latest special edition of the BoF Podcast, the Dutch trend forecaster says that the coronavirus pandemic is bringing to light what is wrong with society, teaching us to slow down and to change our ways.
Andrew Keith, BoF 500: ‘Keep Your Teams and Customers Close’
To manage through the coronavirus crisis, it’s critical to find new ways to stay connected with employees and customers, says the president of Lane Crawford and Joyce.
Armani Pivots to Produce Medical Overalls
A consortium of Italian fashion companies is soon expected to start producing million of protective face masks.
The End of the (Fashion) World as We Know It
If nature is inexorable, a volatile pathogen like coronavirus is its consummate ambassador and the fashion industry must change or die, writes Tim Blanks.
LVMH Says Will Not Buy Tiffany Shares on Open Market
The move could have allowed the luxury conglomerate to buy the jeweller at a lower price than the one agreed last year.
What Will Become of Fashion When the Epidemic Is Over?
Italian creators, from Giorgio Armani to Silvia Venturini Fendi, agree on one thing: the crisis is an opportunity to regain our long-lost soul.
THE NEWS IN BRIEF
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.
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.