Diotima’s Rachel Scott, Ralph Lauren Take Home Top Prizes at CFDA Awards
Colleen Allen won the emerging designer of the year award; Tory Burch, Linda Fargo and more take home honours.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
MatchesFashion Growth Driven by International Expansion
The fashion e-commerce site’s 2017 revenues are up 44 percent, spearheaded by sales in the US and a 'luxury rewired' approach to customer experience.
Haider Ackermann Opts for Co-Ed Runway Show
The designer will combine the menswear and womenswear runway shows starting with the Spring/Summer 2019 collection to be shown in September.
Why Rappers Are Fashion’s New Royalty
After years of avoiding associations with hip-hop, the fashion industry has woken up to the marketing power of America’s greatest cultural export.
Richemont Buys Back More Unsold Watches, Holding Back Profit
Shares slumped as much as 7 percent as earnings missed estimates.
Hermès Is Primed for the ‘Californication’ of the World, Says CEO
Chief executive Axel Dumas unpacks what expansion in the Bay Area means for the French megabrand.
Colville: The Antithesis of Fast Fashion
This month, our Spotlight shines on Colville, an eclectic womenswear label helmed by Vogue alumna Lucinda Chambers and Marni veterans Molly Molloy and Kristin Forss.
Burberry’s New Strategy Takes Shape
Chief executive Marco Gobbetti revealed early indicators of how Burberry’s new strategy is taking shape, as sales growth continues to lag behind competitors.
The New Luxury: How Streetwear Changes Everything
New streetwear aesthetics are hybridising with traditional luxury goods and fundamentally reshaping the market for status symbols, resulting in a genetically different luxury world, argues Luca Solca.
Inside MSGM’s Expansion Plans
Backed by new private equity investor Style Capital, the contemporary Italian brand launched by former Emilio Pucci creative director Massimo Giorgetti has an ambitious growth strategy. BoF gets a first look.
Ferragamo Chief Executive Says He Still Has Work to Do
The Florence-based group, which issued a profit warning in December, has been battling falling sales and profitability, partly due to a clean-up of inventories.
Swiss Watchmakers Are Targeting Teens
After falling behind with millennials, the industry tries to secure a future generation of customers via school sponsorships and social media strategies.
Prada: Making the Most of Its Moment
In the midst of a recovery buoyed by hot product, the long-struggling Italian house is pushing forward in the US with a revamped e-commerce site and a resort show in New York. Can it catch up with its peers?
THE NEWS IN BRIEF
Style Capital Acquires Alessandro Dell’Acqua’s N21
Financial details of the deal for the Milan-based brand weren’t disclosed.
Zegna to Take Summer Fashion Show to Beijing
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.
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.
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.