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.
Chanel’s Year of Change
Bruno Pavlovsky, president of fashion and Chanel SAS, addresses the reshaping of the storied French house, from its ban on exotic skins to its curious new London headquarters, as well as the rumours that Phoebe Philo will succeed Karl Lagerfeld.
Luxury Retail Hit By Paris Protests
Anti-government protests over the past weekends engulfed Paris’ shopping districts, where a police lockdown and vandalism forced many stores to shut.
Where Rich Asians Pay the Most for a Luxury Lifestyle
A Cartier love bracelet is 15 percent pricier in Shanghai versus Kuala Lumpur.
Chanel Is Banning Exotic Skins: Here's Why
The Parisian fashion house announced Monday that it would stop manufacturing products made from snakes, crocodiles, lizards and more, citing difficulty obtaining responsibly sourced skins. What does this mean for its bottom line, and for the industry at large?
Valentino’s Plan to Level Up
Can the Italian label turn Pierpaolo Piccioli’s creative acclaim into commercial success and boost its single-digit growth? Chief executive Stefano Sassi shares his strategy.
Gucci to Branch Into High-End Jewellery
The Italian fashion label will branch into high-end jewellery with a collection in 2019.
Alber Elbaz on the State of the Fashion System
The superstar designer talked fixing the fashion system and reimagining his future at BoF's VOICES.
Forging Saint Laurent’s Future with Francesca Bellettini
The chief executive laid out what's next for the Kering-owned luxury house at BoF's VOICES.
The State of Fashion 2019: An ‘Urgent Awakening’ for the Industry
BoF and McKinsey & Company's latest State of Fashion report forecasts a year of slowing growth, a paradigm shift between consumers and the fashion system, and a tipping point as Greater China overtakes the US as the world’s largest fashion market.
Prada Completes America's Cup Makeover With New Qualifier Trophy
With the launch of the Prada Cup the Milan-based Italian fashion house will further stamp its mark on the history of the trophy first won by the schooner "America" off England in 1851.
Tiffany Sales Miss as Chinese Tourists Spend Less Than Anticipated
The jewellery maker's shares went down nearly 8 percent on Wednesday after sales in Hong Kong and the US fell short of expectations.
Kering to Take Control of E-Commerce, Ending YNAP Partnership
The move follows rival conglomerate Richemont's takeover of Yoox Net-a-Porter.
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.