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.
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.
Tiffany Launches 'Everyday Objects' Line Ahead of the Holidays
The collection — which “possess a whimsical wink that is quintessentially Tiffany” — includes such items as a $1,500 domino set, a $450 ruler and a $350 drinking straw.
Report: Lanvin in Financial Trouble, Sales Expected to Slump 30 Percent
Auditors for the fashion house have filed a warning with a commercial court in Paris over its financial situation, say sources.
Michael Kors Lifts Revenue Forecast, Benefiting From Jimmy Choo
Second-quarter revenue rose 5.4 percent to $1.15 billion, marking the first increase in more than a year.
Hard Luxury Awakening to E-Commerce Opportunity
Many high-end watches and jewellery brands are still hesitant to sell online, but that’s slowly starting to change.
A Five-Point Plan for Burberry
Burberry chief executive Marco Gobbetti is expected to address the company’s strategic direction at interim results on November 9. In a memo from BoF, we outline what we think he should do.
Streetwear Bringing Steady Growth to Global Luxury Market
High-end streetwear helped boost global sales of luxury personal goods by 5 percent this year to an estimated €263 billion.
How Christian Dior Is Training Its Next Generation of Craftsmen
The iconic haute couture maison has rolled out creative apprenticeship programmes across its business, hoping to attract young talent and maintain its savoir-faire.
The Changing Face of Fashion PR
Twelve of the industry's biggest public relations authorities speak to BoF about the shifts upending the fashion communications business.
Phoebe Philo Said to Be Exiting Céline
According to multiple sources, LVMH is interviewing designers to replace Céline creative director Phoebe Philo, though the company denies her departure is imminent.
Ralph Lauren Won’t Let Go of His Polo Empire as Sales Falter
Discounted polos aren’t selling and the company needs new ideas.
Gucci Bans Fur: ‘It’s Not Modern’
The Kering-owned megabrand lends heft to a growing chorus of luxury companies going fur-free.
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.