Eighteen to 35 year olds contributed 85 percent of luxury growth last year, finds a new report by UBS.
Hours before the debut of Hedi Slimane’s Celine, a group devoted to Phoebe Philo gathered in Paris to celebrate her one last time.
The family-owned company is doubling down on the US and China, while amplifying its fashion offering. But as more of its peers sell to bigger groups, is it enough?
After confirming plans for a private-label business in 2017, Yoox is getting closer to launching own-label women’s, men’s and accessories after posting a number of job openings.
The French luxury giant has built a $6 billion business without a marketing department.
In the race to build America's first-ever luxury conglomerate, Michael Kors Holdings, now renamed Capri Holdings, has acquired the world-famous Italian fashion house. But does it have what it takes to turn Versace's price tag into profit?
From fashion royalty like Chanel to more niche names like Etro, these are the brands that so far have eluded the reach of financial investors or luxury moguls — and that would transform any portfolio.
The demi-couture footwear label, founded by stylist and street style star Ada Kokosar, is bringing back opulent heels in a time when trainers reign supreme.
The fashion platform had a wildly enthusiastic reception on Wall Street. Here’s how the company plans to maintain the momentum.
Sources close to Burberry say the designer’s Monday debut is likely to underscore the British megabrand’s true luxury ambitions far more than his streetwear-inflected social media teasers, reflecting a strategy rooted in both newness and upscaling.
With a new genderless label, set to debut at London Fashion Week on September 16, the designer aims to build something that is sustainable — environmentally as well as economically.
The Off-White founder and Wizard of Oz fan isn’t just making clothes. He’s blazing his own Yellow Brick Road from nowheresville to the Emerald City of Paris and reprogramming Louis Vuitton in the process.
The Italian label has continued to enjoy solid growth in China, defying a wider downturn in demand for European luxury. The June 11 presentation of its summer collection will be the latest in a series of travelling shows.
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.
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.