Audemars Piguet to Certify Its Pre-Owned Watches Following Rolex
Whereas Rolex is both a buyer and seller of its second-hand watches through official retail partners, Audemars is setting up a marketplace where sellers set prices.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
FYI Brand Group Launches Fashion and Pop Culture Division
The brand strategy agency that links rap stars Travis Scott and DJ Khaled with luxury fashion houses from Dior to Saint Laurent, is launching a dedicated fashion division.
The Week Ahead: What's the Point of a Watch Fair in the Digital Age?
This week, everyone will be talking about Baselworld, Levi's IPO and Hermès' menswear event. Read our BoF Professional Cheat Sheet.
Symbols of Luxury Smashed in Paris Yellow Vest Protests
On the Champs Elysees, store-front windows of Bulgari, Boss and Lacoste were smashed as 14,500 protesters took to the streets of Paris for the 18th weekend.
The Mall Is Making a Comeback. But Will Anyone Actually Shop There?
The new rules for retail are on full display at Hudson Yards. But will fine dining, expensive public art and luxury concept stores be enough to stave off the brick-and-mortar retail apocalypse?
Louis Vuitton Pulls Michael Jackson-Themed Items from Collection
The French fashion house has decided to pull the products following a documentary about alleged child abuse by the late pop star.
Prada 2018 Sales Rise Despite Second-Half Slowdown
Annual revenues at the Italian luxury group rose for the first time in four years, showing its turnaround plan is starting to bear fruit.
Julie de Libran in Dispute With Sonia Rykiel Owners
The designer, whose exit was announced on Monday, said that owners First Heritage Brands are in breach of contract. A representative for the company said she resigned.
Glass Sculpture's Increasing Presence in Luxury Retail Experiences
Canadian company Imagic Glass is riding a wave of demand for more elaborate stores as luxury retailers encourage consumers to forsake online shopping for brick-and-mortar experiences.
Louis Vuitton Has a Michael Jackson Problem
The explosive 'Leaving Neverland' documentary, in which the pop superstar is accused of sexually abusing children, could spark a PR crisis for the French luxury brand as it weighs what to do about Virgil Abloh's Michael Jackson-inspired men's collection.
Ferragamo Profit Falls 14 Percent in 2018
The luxury leather goods company has struggled in the last two years to rejuvenate its brand and captivate essential younger customers.
Britain's Luxury Sector Warns of £6.8 Billion Loss From No-Deal Brexit
About 80 percent of Britain's luxury goods go overseas, and Europe is its largest market.
Chinese Tourism Boom That Propped Up Luxury Brands Is Faltering
Brands like Kate Spade and Coach are targeting the mainland as China's shoppers stay home.
THE NEWS IN BRIEF
Kering Drops 12% as Luxury Braces for Tough Winter
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.
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.
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.