Zane Li Wins 2026 CFDA/Vogue Fashion Fund
The Lii designer took home the top award after winning the Karl Lagerfeld prize at the LVMH Prize earlier this year.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
Pucci Is Looking to the Moncler Model. Can It Work?
The Florentine house, which has been without a creative director for almost two years, is planning to work with guest designers on its main collections. But the formula that worked so well for Moncler isn’t a slam-dunk, plug-and-play solution for all luxury brands.
The Luxury Watch Business Is in Trouble. Top Makers Have Some Solutions.
From rental programmes to suped-up repair services, the industry’s leaders are working hard to get more profit out of fewer sales.
Brands Beware: The Digital Grey Market Is Growing
Online grey market vendors are offering hefty discounts on luxury products via websites that mimic official e-tailers. How can they be stopped?
Six Key Takeaways from LVMH’s 2019 Results
It was another year of record growth for the luxury conglomerate, which placed big bets on the experience economy and fine jewellery. But there are challenges ahead.
Ferragamo's Annual Sales Increased for the First Time Since 2015
The 1.3 percent year-over-year rise in 2019 is a sign that a turnaround plan under Chief Executive Micaela Le Divelec is starting to bear fruit.
LVMH's Sales Growth Slows Slightly
The company, which posted record revenues and profits for the whole of 2019, missed analysts estimates by 1 percent in the fourth quarter.
What Makes a Collaboration Successful in 2020?
Celebrity-designed capsule collections and hyped sneaker drops are nothing new, so here’s what brands must do to keep their alliances feeling fresh.
Burberry Faces Hong Kong Slump
The British luxury brand saw sales in Hong Kong halve amid anti-government protests, while sales in Europe and mainland China increased.
Luxury Stocks Hit on New China Virus Fears
$15 billion was wiped off the luxury sector's market value on fears the coronavirus outbreak could hurt sales.
Hugo Boss Sees Strong Christmas Quarter
Demand at the German label's renovated stores and growth in online retail drove better-than-expected sales.
How to Unify a Global Brand
Can a luxury label make its lipsticks and handbags feel part of the same universe, no matter where or how customers encounter them? BoF breaks down what it takes to create coherency.
Inside LVMH’s Watch Week 2020
The Dubai event signaled the French luxury conglomerate’s growing ambitions in hard luxury and drew a line in the sand for the major Swiss watch fairs.
THE NEWS IN BRIEF
Swiss Watch Exports Rise for Fifth Month on US, Europe Demand
Total shipments rose 2.7 percent to $23.6 billion in the first nine months of the year, the Federation of the Swiss Watch Industry said Tuesday.
EssilorLuxottica Sales Lifted by Traditional Frames, Lenses
Revenue rose 7.2 percent, beating analysts' estimates.
Milan Luxury Shops Close for Fear of New Unrest as Government Prepares to Deploy Troops
Most stores in the Via Montenapoleone luxury shopping district, home to brands including Chanel, Tiffany and Dior, removed merchandise from their windows as a precaution.
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.
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.