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.
Ssense’s Billion-Dollar Ambitions: More Than Hype
The e-tailer that pioneered selling luxury streetwear to millennials is opening a five-storey flagship in Montréal. The next challenge: building a billion-dollar global business while keeping its cool.
Nicholas Kirkwood To Show During London Fashion Week
The LVMH-owned footwear brand will be moving its Paris presentation to London for an experiential show in September.
Bally Profits Rise on US and Japanese Growth
The Swiss leather goods brand made its biggest underlying profit in a decade, buoyed by growth in the United States and Japan.
JD.com Makes Push for European Luxury Brands
The Chinese e-commerce platform said it can offer faster delivery and better protection against fakes than rival Alibaba.
LVMH Faces $10 Million Suit by Makeup Artist
The makeup artist Sammy Mourabit is suing LVMH for ‘fraudulent inducement to contract’ after the French group allegedly cancelled an agreement to join cosmetics brand Make Up For Ever as global artistic director.
What’s Next for Kering?
Should Kering sort out brands like Brioni? Go all-out to create a third blockbuster alongside Gucci and Saint Laurent? Or plug gaps in its portfolio to balance its soft-luxury skew?
Vogue Italia Launches ‘Life In Vogue’ Exhibit During Salone del Mobile Milano
To celebrate the Milan Furniture Fair and the relaunch of the Vogue Casa supplement, the title has tasked eight furniture designers with reimagining the Vogue office space for a four-day public exhibit.
Capitalising on the Footwear Opportunity
The €18 billion luxury shoe business is one of the fastest-growing categories in the market. But performance is notably inconsistent from brand to brand.
Meet Fashion’s Next Generation: Over 60s
In what’s being called a ‘Greynnaisance,’ fashion brands are enlisting older models and influencers to entice oft-ignored Baby Boomers and younger fans on social media.
The Big Luxury Houses Have $22 Billion to Invest
LVMH, Kering, Richemont and Hermès are flush with cash. Where should they invest it?
Luxury Leapfrogs Trade War Talk
Our Savigny Luxury Index bounded ahead this month, uninhibited by threats of tariff hikes.
LVMH Buoys Luxury Sector as Chinese Demand Propels Sales
Shares in the conglomerate hit record highs and after it signalled strong momentum for the sector with better-than-expected first quarter sales growth.
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.