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.
The Best of BoF 2017 | Business
To round off the year, we revisit the articles that sparked the most debate, yielded the biggest insights, and got the fashion industry talking in 2017. Today, we highlight some of the top Business stories.
Lanvin Seeks Ways Other Than Capital Raise to Revive Business
After a planned capital injection failed to take place, the label’s managing director said alternative ‘sustained financial and industrial solutions’ would be found by end of March.
Ferragamo's Turnaround Plans 'More Difficult' Than Expected
The troubled company said that the growth targets for the next three years, as laid out in February, could not be confirmed and that 2018 will be another year of transition.
Luxury Rental Service Armarium Partners With Net-a-Porter, Independent Boutiques
The service aims to facilitate coordinated rentals and purchases for special occasions — with the advice of retail associates and Armarium’s team of stylists.
Nascent Luxury Group Naga Makes Early Moves
Armed with $50 million, industry veterans Damien Dernoncourt and Sagra Maceira de Rosen's new holding company has taken a stake in niche French beauty brand Talika and plans to announce a jewellery investment in 2018.
Dior Homme to Launch BMX Bike
The bike will retail for $3,200 and debut during the Sole DXB streetwear festival held between December 7th and 9th.
Amidst New Optimism, Emerging Markets to Overtake West in 2018
The State of Fashion 2018, BoF and McKinsey & Company's in-depth report on the global fashion industry, forecasts sales growth to nearly triple between 2016 and 2018. But the rebound will not be felt evenly across the market.
The Industry Remembers Azzedine Alaïa, A Fashion Original
The designer, whose passing was announced on Saturday morning, is remembered for his independence, compassion and creative genius.
Azzedine Alaïa Passes Away
The French-Tunisian couturier has died at the age of 82, reports French media publication Le Point.
Unpacking Burberry’s New Strategy
Chief executive Marco Gobbetti has outlined an ambitious three-pronged plan to elevate the British brand's positioning. Will it work?
Shaw-Lan Wang to Inject Fresh Cash Into Struggling Lanvin
The Chinese media magnate had been reluctant to further invest in the challenged label, which plans to explore new revenue streams through high-end homeware and hospitality projects.
What’s Selling in Trumpland, USA
Consumers of luxury goods in the wealthiest areas of the country that voted for Donald Trump favour traditional labels including Chanel, Louis Vuitton and David Yurman.
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.