Private equity firm Clessidra took over 90 percent of the label from its founder in 2015, but was unable to turn the brand around.
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.
The Italian-Brazilian accessories brand is ending its three-year partnership with Renzo Rosso’s group by mutual consent.
An acquisition could make sense for both the luxury conglomerate and the American jeweller, but it wouldn’t be without its challenges.
This week, everyone will be talking about Virgil Abloh's collaboration with Ikea, LVMH's play for Tiffany, Hedi Slimane's first fragrance collection for Celine and Halloween's spooky fashion moment. Get your BoF Professional Cheat Sheet here.
The French luxury group has approached Tiffany with a takeover proposal, though there’s no guarantee an agreement will be reached, said sources.
The former Lanvin creative director has inked a partnership with the Swiss luxury conglomerate.
The luxury jewellery company seeks to double profits over the next five years by expanding its brick-and-mortar footprint in China.
Kering’s third-quarter results showed a stabilisation in its biggest brand and a negative impact from the political upheaval in Hong Kong.
The French luxury group joins rival LVMH in largely shrugging off fallout from Hong Kong’s political protests, with sales at Hermès up 15 percent in the third quarter.
Demand for luxury fashion is deeply rooted in exclusivity. The rise of millennials and the industry’s recent use of inclusivity in its marketing narratives does not change this, argues Luca Solca.
As the traditional bridal industry loses touch with Millennials, newcomers are reaping the rewards.
The recovery long promised by luxury brands seems nowhere in sight, as the expansion of war in the Middle East, along with China’s tax crackdown on the wealthy, piled further pressure on the world’s biggest luxury conglomerates in the third quarter, and executives buckled in for a tough winter.
The French leather goods powerhouse reported no sales growth in Asia-Pacific excluding Japan, its biggest market, last quarter.
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.
The Indian brand will hold a special event at the Florence show.
The Lii designer took home the top award after winning the Karl Lagerfeld prize at the LVMH Prize earlier this year.
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.
Revenue rose 7.2 percent, beating analysts' estimates.
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.