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Luxury

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

Chanel’s Digital Strategy Takes Shape Amid Executive Shuffle

In June, Chanel reported financial results for the first time in its history. Now, the $10 billion fashion house is evolving its digital strategy and shuffling some of its executives. What does this spell for the future of the brand?


Sneakers: Luxury’s Gateway to Millennials

Luxury sneakers are the ultimate status symbols for a new generation of consumers. Now brands like Balenciaga, Versace and Gucci are upping their game.


The BoF Podcast: Tim Blanks on the Streetwear Takeover

BoF’s editor-at-large reflects on the latest cycle of menswear shows, including the high-profile streetwear takeover in Paris, and what they say about the future of men’s fashion.


LVMH's Next Generation Seeks Change

The multipronged group has shaken up its ranks of managers and designers, rolled out new e-commerce platforms and become a patron of the French technology scene.


Ferragamo Appoints New Marketing Head Amid Management Restructuring

It has appointed former fashion magazine journalist Riccardo Vannetti as its new chief marketing officer as the group pushes ahead with a management facelift.


LVMH Divests From Edun

The made-in-Africa fashion brand, founded in 2004 by Ali Hewson and Bono, is ceasing its current operations, BoF has learned.


Luxury Menswear Growth to Outpace Womenswear

Brands from Louis Vuitton to Balenciaga are courting male shoppers as the market becomes more competitive and lurches towards streetwear.


Amidst Consolidation Wave, Acne Studios Could Fetch €500m

The luxury market has seen no shortage of mergers and acquisitions and the pace is picking up with Dries Van Noten and Missoni signing deals in the past week alone.


Kering to Sell Christopher Kane Back to Designer

The French luxury conglomerate is in talks to sell its 51 percent stake in the label back to the British designer after a 5-year partnership.


Chanel Reveals $10 Billion Revenue for First Time

The fashion group released full-year earnings for the first time, posting revenues of $9.62 billion for 2017, an 11 percent rise from a year earlier.


Manolo Blahnik Bets on Men’s Shoes

The footwear designer is opening his first men’s boutique in London’s Burlington Arcade and aims to make men’s shoes 20 percent of the business.


Ferragamo Shares Tumble After Family Trims Stake

The luxury group’s controlling family sold shares at a steep discount, sparking concern about the company's profitability.