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Luxury

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

LVMH Invests in a Gen Z Streetwear Brand

Madhappy was founded by four men in their early 20s in 2017 as a streetwear-meets-athleisure label. It now counts luxury’s biggest player as one of its backers.


LVMH Unscathed by Hong Kong as Growth Sets High Bar for Luxury

Sales of fashion and leather goods rose 19 percent, with 'remarkable' performance at Louis Vuitton and Christian Dior, and total sales rose 11 percent.


Jewellery Maker Links of London Enters Administration, Putting 350 Jobs at Risk

The unisex jewellery company's latest move adds to the list of high-profile retailers running into trouble on Britain's high street.


De Beers Diamond Sales Fall 39 Percent in a Year

The jeweller's sales data indicates that 2019 is one of the worst years for the diamond industry in a long time.


Gucci’s GG Logo Belt Is the Accessory Hit That Keeps on Giving

Sweet-spot pricing, clever merchandising and heavy social media appeal has made the logo belt a blockbuster product for the Italian megabrand. But how long can its magic last?


What Gucci Learned From Dapper Dan and Its Blackface Crisis

One of the world’s biggest luxury brands is paying for its cultural insensitivity — and trying to change.


How Valentino Embraced Diversity

Designer Pierpaolo Piccioli has reimagined the storied Roman fashion house as an extraordinary hybrid of extravagance and inclusivity, casting black models like Sudanese refugee Adut Akech to bring a modern edge to his couture and send a message to the world.


Alibaba’s Luxury Venture With Richemont Goes Online in China

The joint venture will operate under Richemont's Net-a-Porter brand, and present 130 brands in one location on the Tmall e-commerce site.


In Paris, The #BoF500 Symposium Sparks Conversation on Inclusivity

At a Sunday morning symposium, Sinead Burke, Jillian Mercado, Dapper Dan, Chika Oranika and Phillip Picardi broke down how the fashion industry can become more inclusive on gender, race and ability.


Tod's Appoints Former Google Executive to Ramp up Digital Effort

Alessandra Domizi, previously fashion and retail lead at the tech giant, will develop Tod's digital communication and online sales, a key component of the brand's new 'Factory' business model.


What’s Off-White Without Virgil?

Creative director Virgil Abloh’s hiatus comes at a turning point for his brand, which may need a degree of reinvention when he returns.


Puig Is Getting Serious About Fashion… to Sell More Fragrance

The Spanish scent giant that owns Dries Van Noten, Carolina Herrera, Jean Paul Gaultier, Paco Rabanne and Nina Ricci is trying to reposition itself as brand-builder first, licensee second. Can José Manuel Albesa, the executive behind the strategy, make it work?