Hermès Sales Miss Estimates as Chinese Shoppers Curb Spending
The French leather goods powerhouse reported no sales growth in Asia-Pacific excluding Japan, its biggest market, last quarter.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
Gucci Rolls Out New Pop-Up Concept
With themes like “Year of the Mouse” and “psychedelic,” temporary “Gucci Pin” outposts are meant to feed growing demand for constant newness.
Ferrari Brings In Armani to Boost to Its Luxury Brand
The luxury sports car manufacturer has teamed up with the fashion house to increase sales of their of premium priced handbag and clothing lines.
There Are Lessons to Learn from Zac Posen
The designer’s enchanting rise and predictable fall are emblematic of what’s wrong with the system.
Does the Owner of Coach and Kate Spade Need a Plan B?
This week, everyone will be talking about Tapestry's first results since the departure of CEO Victor Luis, Richemont's latest attempt to build a soft luxury business and the early arrival of Black Friday sales.
The BoF Podcast: Theory Founder Andrew Rosen on Fashion’s Past — and Future
The fashion retail pioneer speaks with BoF Chief Correspondent Lauren Sherman about identifying a gap in US and international markets for contemporary clothing brands and investing in emerging designers.
Zac Posen Closes His Namesake Line
The New York designer, known for his red carpet gowns, announced on Friday that he was shutting down his business after failing to find a buyer or new investors.
How ‘Big Luxury’ Stays on Top
Whether or not a deal goes through, LVMH’s $14.5 billion Tiffany takeover bid is another sign that the giants that dominate the luxury sector are becoming more powerful. Why is this happening? What risks do they face? And what can smaller players do to compete?
Miuccia Prada Sells Ownership of Milan Stores to Parent Company
The Italian fashion brand will pay €66 million to a holding company controlled by the co-CEO and designer.
Roberto Cavalli Wins Court Approval for Sale to Dubai's Damac Founder
Private equity firm Clessidra took over 90 percent of the label from its founder in 2015, but was unable to turn the brand around.
Meet the 'Independent Record Labels' of Fashion
A crop of platform-like brand incubators, from New Guards Group and Tomorrow to Dover Street Market Paris, are spinning up new fashion labels for a hype cycle that’s moving faster and faster.
Paula Cademartori Parts Ways With OTB Group
The Italian-Brazilian accessories brand is ending its three-year partnership with Renzo Rosso’s group by mutual consent.
What LVMH Stands to Gain From Buying Tiffany
An acquisition could make sense for both the luxury conglomerate and the American jeweller, but it wouldn’t be without its challenges.
THE NEWS IN BRIEF
Moncler Reports Flat Q3 Revenue on Weak Tourist Spending in Europe
Performance was weighed down by the core Moncler brand, known for its puffer jackets, which posted a 1 percent decline in revenue during the quarter.
Kartik Research Named Guest Designer for Pitti Uomo in January
The Indian brand will hold a special event at the Florence show.
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.
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.