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.
Hugo Boss CEO Isn’t Worried About Goldman Sachs Going Casual
The company’s Boss brand is trying to meet the demand for sophisticated smart-casual attire, as well as millennial concerns such as sustainability.
Hugo Boss Expects Strong Growth in Asia and Online
The company said it expected a high single-digit percentage increase in operating profit for 2019 and a mid single-digit percentage rise in currency-adjusted sales.
Luxury Defies China Slowdown Fears
From Richemont to Kering, some of the biggest names in luxury reported strong growth in their end-of-year results, with the majority citing the Chinese market as a key driver.
Karl Lagerfeld, His Spirit Is Everywhere
The designer beamed the salons of 18th century France into the modern world of image culture, becoming a guru to all of the great names in fashion. Despite his death, his spirit is everywhere, writes French fashion commentator Laurence Benaïm.
Mastering the McQueen Challenge: How to Grow a Young Luxury Business
Parent company Kering aims to turn Alexander McQueen into a billion-euro brand. Chief executive Emmanuel Gintzburger lays out the game plan.
LVMH Plans London Hotel and New Flagship in Experiential Push
BoF has learned that the French luxury group has plans for a Cheval Blanc hotel and associated restaurants, a spa and a flagship store that appears intended for Hedi Slimane’s Celine on Grafton Street in London’s Mayfair.
Moncler Promises More Growth After Jump in 2018 Sales
The luxury outerwear brand reported a 19 percent increase in sales last year.
Farfetch Reports Surging Revenue, Acquires JD.com's Luxury Platform for $50 Million
Farfetch said revenue jumped 55 percent in the fourth quarter from the same period last year and that losses narrowed. The marketplace's China platform will also become the entry point for JD.com's luxury customers.
Chanel to Lean on Brand Veterans Following Lagerfeld's Death
The luxury house had said Viard would continue to manage the brand’s collections when Lagerfeld died last week at the age of 85, without clarifying her title or the breadth of her role.
The BoF Podcast: Francesca Bellettini: ‘It’s Better to Present Yourself the Way You Really Are’
The CEO of Saint Laurent sits down with Imran Amed to discuss the importance of authenticity, balancing legacy with growth — and taking 500 employees to Morocco.
LVMH's Secret Rihanna Project: New Details Emerge, and Why It's a Smart Move
According to newly obtained filings, LVMH’s rumoured new venture with Rihanna seems more likely than ever.
Paris Fashion Week: What You Need to Know
The unveiling of Karl Lagerfeld’s final Chanel collection and Lanvin’s return to the Paris runways are among the most highly anticipated events of the week.
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.