Hermès’ Chief Watches China’s Pork Prices to Gauge Luxury Demand
When it comes to gauging the possibility of a sales rebound for his luxury group in China, Hermès executive chairman Axel Dumas turns to an unusual metric.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
The State of Fashion 2026: When the Rules Change
The 10th annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion’s data and advisory team, reveals how changes in trade, technology and consumer behaviour will challenge businesses in 2026. Download the full report to understand the 10 themes that will shape the industry and opportunities for growth in the year ahead.
The State of Fashion 2026: When the Rules Change
The 10th annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion’s data and advisory team, reveals how changes in trade, technology and consumer behaviour will challenge businesses in 2026. Download the full report to understand the 10 themes that will shape the industry and opportunities for growth in the year ahead.
This Week: Italy Takes on Fast Fashion, Retail Earnings, BoF VOICES 2025
Anti-Shein laws are advancing across Europe while the Italian sweatshop investigation hits a key juncture. Meanwhile, US off-price earnings offer a view on lower-income consumers.
This Week: Italy Takes on Fast Fashion, Retail Earnings, BoF VOICES 2025
Anti-Shein laws are advancing across Europe while the Italian sweatshop investigation hits a key juncture. Meanwhile, US off-price earnings offer a view on lower-income consumers.
Opinion: Can Jewellery Continue to Outpace Fashion?
Jewellery has outperformed handbags in recent cycles, but with an unprecedented wave of new fashion designers set to unleash novel products, jewellery brands are set to face serious competition, writes Andrea Felsted.
Opinion: Can Jewellery Continue to Outpace Fashion?
Jewellery has outperformed handbags in recent cycles, but with an unprecedented wave of new fashion designers set to unleash novel products, jewellery brands are set to face serious competition, writes Andrea Felsted.
Richemont Rides Out Tariffs, Gold Prices with Sales Beat
The Swiss group reported sales up 14 percent in its latest quarter, smashing expectations amid “unprecedented” headwinds including currency movements, rising gold prices and US tariffs.
Richemont Rides Out Tariffs, Gold Prices with Sales Beat
The Swiss group reported sales up 14 percent in its latest quarter, smashing expectations amid “unprecedented” headwinds including currency movements, rising gold prices and US tariffs.
The Plan for McQueen
The label founded by Lee Alexander McQueen is ‘not for sale,’ says owner Kering. Instead, the French group is accelerating plans to restructure and reposition the brand after years of losses.
The Plan for McQueen
The label founded by Lee Alexander McQueen is ‘not for sale,’ says owner Kering. Instead, the French group is accelerating plans to restructure and reposition the brand after years of losses.
Can Richemont Keep Up Its Winning Streak?
The Cartier owner has been luxury’s most dynamic conglomerate in recent years. But tariffs, high gold prices and a softening US market pose challenges. Plus, Burberry’s moment of truth and a preview of Paris Photo.
Can Richemont Keep Up Its Winning Streak?
The Cartier owner has been luxury’s most dynamic conglomerate in recent years. But tariffs, high gold prices and a softening US market pose challenges. Plus, Burberry’s moment of truth and a preview of Paris Photo.
Antonin Tron to Design Balmain
The founder of Atlein will replace Olivier Rousteing, who parted ways with Mayhoola-backed Balmain last week after fourteen years as the house’s creative director.
Antonin Tron to Design Balmain
The founder of Atlein will replace Olivier Rousteing, who parted ways with Mayhoola-backed Balmain last week after fourteen years as the house’s creative director.
How Much Do We Really Reveal When We Get Dressed?
A new exhibition – with contributions from Chanel, McQueen and Galliano – places 100 looks under the psychoanalytic lens, and suggests that what we wear is the result of a battle in the psyche.
How Much Do We Really Reveal When We Get Dressed?
A new exhibition – with contributions from Chanel, McQueen and Galliano – places 100 looks under the psychoanalytic lens, and suggests that what we wear is the result of a battle in the psyche.
Four Takeaways From the Fall Art Fair Frenzy
Paris is booming amid growing reliance on core collectors and wider market regionalisation. Plus, artists consider Sora 2, YouTube vs Netflix and the Pompidou’s Grand Finale.
Four Takeaways From the Fall Art Fair Frenzy
Paris is booming amid growing reliance on core collectors and wider market regionalisation. Plus, artists consider Sora 2, YouTube vs Netflix and the Pompidou’s Grand Finale.
Report: Kering and Mayhoola to Inject €100 Million Into Valentino
The French group and the Qatari investment fund have agreed to shore up the Italian fashion house’s finances after it breached loan covenants earlier this year, according to a corporate document and two sources familiar with the matter.
Report: Kering and Mayhoola to Inject €100 Million Into Valentino
The French group and the Qatari investment fund have agreed to shore up the Italian fashion house’s finances after it breached loan covenants earlier this year, according to a corporate document and two sources familiar with the matter.
LVMH Nears China Store Openings as Luxury Demand Begins Recovery
Louis Vuitton, Dior, Tiffany and Loro Piana are all slated to open multistory stores in Beijing this December, while Dior is also in talks to open a new location in Shanghai.
LVMH Nears China Store Openings as Luxury Demand Begins Recovery
Louis Vuitton, Dior, Tiffany and Loro Piana are all slated to open multistory stores in Beijing this December, while Dior is also in talks to open a new location in Shanghai.
Is China’s Luxury Market Ready to Rebound?
The short answer is yes — but it won’t soon return to its pre-pandemic growth rates. After two years of turbulence, the market remains shaky, and brands will need to earn every sale.
Is China’s Luxury Market Ready to Rebound?
The short answer is yes — but it won’t soon return to its pre-pandemic growth rates. After two years of turbulence, the market remains shaky, and brands will need to earn every sale.
THE NEWS IN BRIEF
Hermès Shares Dive as Sales and Chinese Weakness Disappoint
Hermès second quarter sales rose 7 percent, lifted by a recovery in tourism in Europe and strong demand in the US.
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
Bernard Arnault Joins X as LVMH CEO Fights Off Rumours of Family Disunity
French newspaper Le Monde published a six-part series last week on the tycoon, including alleged tensions among his family members driven by succession.
CVC Mulls Buying Stake in Jeweller APM Monaco From TPG
CVC Capital Partners is considering buying a stake in the fashion jeweller from private-equity firm TPG Inc., according to people familiar with the matter.
Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
Mulberry Quarterly Sales Jump 23% as Turnaround Gathers Pace
The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.
Phillip Lim Announces New Brand PlayLoveWin
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.