The luxury group’s controlling family sold shares at a steep discount, sparking concern about the company's profitability.
Virgil Abloh’s appointment as men’s artistic director of Louis Vuitton was a polarising choice, attracting charges like ‘he’s not a designer’ and ‘streetwear is a passing trend.’ Wrong and wrong, argues David Fischer of Highsnobiety.
As a steady stream of big-name designers lay down roots in the city, LA feels increasingly essential to the global fashion business
The British designer, who was most recently director of ready-to-wear at Céline, begins July 1.
The enigmatic ‘godfather of streetwear’ talks to BoF about building relevance and staying cool in a fast-moving market, as he prepares to launch a major collaboration with Moncler today at Pitti Uomo.
The French designer went to court in The Netherlands to prevent a high street chain from selling its own versions of high-heeled shoes with red soles.
Luxury results were good, bad and ugly this month, causing a divergence in stock performances among our SLI constituents.
Tokyo-based designer Masayuki Ino of Doublet was crowned the winner of the French conglomerate’s fashion award, while Rok Hwang was awarded the special prize after three selection rounds over five months of competition.
With corporate valuations as highly priced as this season's Balenciaga sneakers, luxury companies won't completely escape the fallout when an inevitable slowdown arrives, argues Andrea Felsted.
Hermès is among the luxury brands that have complained about the lack of quality hides.
The department store chain said it would sell up to 10 Lord & Taylor stores after reporting a quarterly loss of $308.5 million.
The luxury streetwear collaboration features a transparent polycarbonate suitcase and follows a successful partnership between Rimowa and Supreme.
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.