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.
LVMH Backs Luxury Start-Ups
The conglomerate unveiled a Paris-based start-up programme which aims to support some 50 businesses a year, as Paris aims to become the leading start-up hub in Europe.
Hermès Expands Manufacturing With New French Workshop
The luxury handbag maker opened a new manufacturing plant in eastern France as rivals LVMH and Kering expand leather goods production to keep up with Chinese demand.
Dolce and Gabbana Speak on Succession Plan
Founders Domenico Dolce and Stefano Gabbana have rejected all acquisition offers for their label, instead creating a trust to safeguard the future of the brand.
How Streetwear Took Over Luxury
Virgil Abloh’s appointment at Louis Vuitton is the biggest signal yet that luxury brands are tapping the cultural energy and business model of streetwear to stay relevant.
How Grailed Became Menswear's Luxury Resale Mecca
With a strategy rooted in curation, content and community, the fast-growing peer-to-peer platform has become a top fashion re-commerce destination for men.
Luxury Watchmakers Step Up E-Commerce Investment
Courting younger shoppers, brands are joining an online push sweeping the luxury goods world, where web sales are already major growth drivers for fashion labels.
Kim Jones Confirmed at Dior Homme as Kris Van Assche Exits
The creative shuffle is the first big move by Pietro Beccari, the newly installed chairman and CEO of Christian Dior Couture.
Kering and Richemont: Why a Mega-Merger Makes Sense
The two luxury conglomerates are both successful in their own right, but their best bet at building a true multi-brand, multi-category giant to rival LVMH is a merger.
Cult Sneaker Label Filling Pieces Launches Ready-to-Wear
The Amsterdam-based footwear brand, known for its minimal sneakers, wants apparel to account for 40 percent of its total revenue by 2025.
Chinese Consumer Confidence Hits High, But Some See Clouds
While consumer confidence in China has reached all-time highs, retail sales growth is plateauing and some see the dark clouds of a credit bubble on the horizon.
24 Sèvres Taps Céline for Competitive Edge
The e-commerce platform will be the first and only multi-brand player to sell Céline online, underscoring its primary competitive advantage: privileged access to coveted LVMH brands.
Is Dior Ready for a Revolution?
Christian Dior's creative director Maria Grazia Chiuri is known for bringing an activism-tinged approach to the catwalks, but a real revolution is brewing inside the house.
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.