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Luxury

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

Tamara Mellon Plots Next Steps

The direct-to-consumer footwear brand is opening its first brick-and-mortar store in Los Angeles after a $24 million Series B funding round.


Global Luxury Brands Again Chase China's Young, Rich and Spendthrift

To capture the rapidly growing millennial market, global names from Prada to Hermès are moving further afield from China's first-tier cities.


Fashion’s Dirty Secret: Millions in Grey Market Sales

The sale of luxury goods on the grey market is a lucrative and largely unspoken practice in the fashion industry. Why are brands so hush-hush about it and do they really want it to end?


Tapestry Now Sees China as a Key Market

The house of fashion brands, which owns Coach, Kate Spade and Stuart Weitzman, has taken measures to gain more control over its business in Asia.


Why Luxury Brands Are Suddenly a Lot Cheaper in Turkey

Shoppers have been lining up to splurge at luxury brands like Louis Vuitton, Chanel and Hermès.


Nike and VF Corp. Succumb to Activewear Everywhere

This week, everyone will be talking about Nike's embrace of athleisure, the "Crazy Rich Asians" premiere, department stores' financial results and back-to-school sales. Read our BoF Professional Cheat Sheet.


Trade Wars Threaten Luxury Stocks

An escalating trade war between the United States and China could abruptly end a glittering stock market run for luxury brands, with some investors already put off by lofty valuations in a sector powered by shoppers in the two countries.


Op-Ed | Whatever: How Fashion Lost Its Meaning

Fashion has entered a state of pure postmodernism where anything goes and nothing means anything anymore, argues Eugene Rabkin.


Is Luxury’s Love Affair With ‘Drops’ More Than Marketing?

High-end brands are implementing Supreme-style ‘drops’ to better connect with young consumers who crave newness at the speed of Instagram.


Europe Revival Lifts Sales at Hugo Boss

Sales rose 6 percent in the second quarter as the German fashion house pursues a turnaround in its home market and updates some of its ranges to try to draw in younger shoppers.


Why Luxury Retailers Are Making a Play for Housewares

Online retailers like Moda Operandi and MatchesFashion are dipping their toes into the $649 billion homeware space, betting the same customers splurging on dresses and shoes will also buy candles and chairs.


Ferragamo Names Former Gucci Veteran as New Chief Executive

Micaela le Divelec Lemmi, who served as chief financial officer of Kering’s Gucci brand, has been general manager of Ferragamo since April.