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Luxury

How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.

The Battle for Collectable and Rare Fashion Heats Up

Museum-worthy couture is now being chased by everyone from private collectors to secondhand retailers, and prices are ballooning.


US Appeals Court Restores Gender Bias Lawsuit Against Sterling Jewelers

The decision Monday allows at least 70,000 female employees of the brand to pursue claims of unfair wages and promotions.


Naples Sweatshop Linked to Luxury Groups

Armani, Kering's Saint Laurent and LVMH's Fendi are accused of employing undocumented immigrants.


Yoox Net-a-Porter’s ‘Painful’ Tech Upgrade Drags Down Richemont

A troubled technology and logistics makeover at the Richemont subsidiary interrupted the Swiss conglomerate’s grand plans to build a single platform for luxury e-commerce, amid growing competition for online sales.


Online Luxury's Biggest Players Are Struggling, Too

The retail reckoning isn’t just about department stores. MatchesFashion is going through a tumultuous stretch, while Farfetch is trying to get out from under steep losses. What's behind the market shakeout?


The BoF Podcast: Sandy Liang Takes Risks

The New York-based designer discusses the highs and lows of launching a label straight out of fashion school with BoF's Lauren Sherman.


Anyone Can Now 'Invest' In a Rolex or Birkin. But Should They?

Apps like Rally and Otis have formed with similar missions of 'democratising' the art world through co-ownership and investment. Offering users the chance to invest in 'cultural artefacts,' however, may be risky.


Farfetch Sees Path to Profitability — in 2021

The online luxury marketplace’s sales soared and losses narrowed, easing investors’ concerns about the company’s business model.


Burberry’s China Conundrum

Burberry is writing down the value of its Hong Kong stores as clashes between police and pro-democracy protestors devastate the city's retail sector. Chief Executive Mario Gobbetti told BoF he sees little chance of a rebound in the near future.


Burberry Teams With Chinese Internet Giant Tencent as Sales Fall in Hong Kong

Brand sales declined by a double-digit percentage in Hong Kong in the latest period.


Op-Ed | The Fight for Margiela's Legacy

Two documentaries offer contradictory viewpoints on the notoriously secretive designer, raising questions on where the truth lies.


Mulberry's Losses Widen as UK Market Deteriorates

The British luxury brand's shares have fallen 23 percent over the last year.