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Luxury

How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.

Opinion: How Not to Manage Succession at LVMH

The drama over the estate of the late Italian eyewear billionaire Leonardo Del Vecchio is a real-time reminder of what could go wrong at the world’s largest luxury group, argues Bloomberg’s Andrea Felsted.

Opinion: How Not to Manage Succession at LVMH

The drama over the estate of the late Italian eyewear billionaire Leonardo Del Vecchio is a real-time reminder of what could go wrong at the world’s largest luxury group, argues Bloomberg’s Andrea Felsted.


Jessica McCormack: How a Challenger Is Seizing the Jewellery Opportunity

The London-based independent jewellery label, which sells high-end pieces for everyday wear, has boosted sales by leveraging jewellery as a means of self expression. Chief executive Leonie Brantberg details in our latest report ‘Face to Face With Luxury Clients’ the brand’s strategy and expansion plans.

Jessica McCormack: How a Challenger Is Seizing the Jewellery Opportunity

The London-based independent jewellery label, which sells high-end pieces for everyday wear, has boosted sales by leveraging jewellery as a means of self expression. Chief executive Leonie Brantberg details in our latest report ‘Face to Face With Luxury Clients’ the brand’s strategy and expansion plans.


Lutz Huelle: ‘Fashion Is Not Just Luxury Products’

The Wolfgang Tillmans muse and early Martin Margiela collaborator has signed a licensing agreement that will bring stability to his namesake label as it offers an alternative to ‘corporate’ luxury brands.

Lutz Huelle: ‘Fashion Is Not Just Luxury Products’

The Wolfgang Tillmans muse and early Martin Margiela collaborator has signed a licensing agreement that will bring stability to his namesake label as it offers an alternative to ‘corporate’ luxury brands.


Luxury Clients Want Meaning More Than Status

The era of buying luxury purely for status and visibility is giving way to something more personal, centred on identity, connection and self-expression, according to BoF Insights and McKinsey’s report ‘Face to Face With Luxury Clients.’

Luxury Clients Want Meaning More Than Status

The era of buying luxury purely for status and visibility is giving way to something more personal, centred on identity, connection and self-expression, according to BoF Insights and McKinsey’s report ‘Face to Face With Luxury Clients.’


Haute Couture and High Jewellery Take the Paris Stage

Couture debuts from Pierpaolo Piccioli for Balenciaga and Duran Lantink at Jean Paul Gaultier along with sophomore outings by Jonathan Anderson at Dior and Matthieu Blazy at Chanel will show how Europe’s top fashion houses are angling to refresh their image and entice top clients. Also, high jewellery houses pull out their best and biggest designs.

Haute Couture and High Jewellery Take the Paris Stage

Couture debuts from Pierpaolo Piccioli for Balenciaga and Duran Lantink at Jean Paul Gaultier along with sophomore outings by Jonathan Anderson at Dior and Matthieu Blazy at Chanel will show how Europe’s top fashion houses are angling to refresh their image and entice top clients. Also, high jewellery houses pull out their best and biggest designs.


Inside Chanel’s Charvet Deal

In this week’s High Margin luxury newsletter: more from Robert’s interview with Charvet’s Anne-Marie and Jean-Claude Colban on the eve of their sale to Chanel. Also: fashion’s renewed focus on personal style, from Charvet to Chanel to Celine.

Inside Chanel’s Charvet Deal

In this week’s High Margin luxury newsletter: more from Robert’s interview with Charvet’s Anne-Marie and Jean-Claude Colban on the eve of their sale to Chanel. Also: fashion’s renewed focus on personal style, from Charvet to Chanel to Celine.


Icicle: Capturing Interest in Chinese Brands

Executive president Louise Xu explains how the Shanghai-based quiet luxury label is tapping rising interest in Chinese brands, its novel retail concept and the differences between Chinese and Western consumers.

Icicle: Capturing Interest in Chinese Brands

Executive president Louise Xu explains how the Shanghai-based quiet luxury label is tapping rising interest in Chinese brands, its novel retail concept and the differences between Chinese and Western consumers.


Why Chanel Is Acquiring Charvet

Following a runway collaboration with Matthieu Blazy, Chanel has bought France’s oldest shirtmaker as longtime owner-operators Anne-Marie and Jean-Claude Colban seek a succession plan. ‘Charvet is a beautiful jewel. Now there’s work to be done to set it up for its next steps,’ said Chanel fashion president Bruno Pavlovsky.

Why Chanel Is Acquiring Charvet

Following a runway collaboration with Matthieu Blazy, Chanel has bought France’s oldest shirtmaker as longtime owner-operators Anne-Marie and Jean-Claude Colban seek a succession plan. ‘Charvet is a beautiful jewel. Now there’s work to be done to set it up for its next steps,’ said Chanel fashion president Bruno Pavlovsky.


Armani Taps BCG as Fashion Group Adapts to Post-Founder Era

The Italian fashion group is considering expansion in handbags and hospitality, its overall price positioning and distribution model and a senior creative appointment at Emporio Armani, according to people familiar with the matter.

Armani Taps BCG as Fashion Group Adapts to Post-Founder Era

The Italian fashion group is considering expansion in handbags and hospitality, its overall price positioning and distribution model and a senior creative appointment at Emporio Armani, according to people familiar with the matter.


Ralph Lauren Wins China Superfans by Selling the American Dream — At the Right Price

Collector Xiao Neng says he has spent at least $1 million on Ralph Lauren clothing over the past four to five years, building a wardrobe so large that he now sells pieces of it in two vintage stores that he opened in downtown Shanghai.

Ralph Lauren Wins China Superfans by Selling the American Dream — At the Right Price

Collector Xiao Neng says he has spent at least $1 million on Ralph Lauren clothing over the past four to five years, building a wardrobe so large that he now sells pieces of it in two vintage stores that he opened in downtown Shanghai.


Chanel’s Bruno Pavlovsky on Reengineering an Iconic Brand

Chanel’s president of fashion, Bruno Pavlovsky, explains in our latest report ‘Face to Face With Luxury Clients’ how the French megabrand has reignited customer excitement and sales growth since onboarding a new artistic director last year.

Chanel’s Bruno Pavlovsky on Reengineering an Iconic Brand

Chanel’s president of fashion, Bruno Pavlovsky, explains in our latest report ‘Face to Face With Luxury Clients’ how the French megabrand has reignited customer excitement and sales growth since onboarding a new artistic director last year.


Face to Face With Luxury Clients

After a prolonged slowdown, luxury is gradually returning to growth, led by the US and China. Drawing on a survey of more than 2,000 clients and dozens of interviews across both markets, The Business of Fashion and McKinsey & Company find in the latest edition in our State of Fashion series a base of customers with increasingly distinct local preferences that nonetheless share an overarching desire for emotional connection.

Face to Face With Luxury Clients

After a prolonged slowdown, luxury is gradually returning to growth, led by the US and China. Drawing on a survey of more than 2,000 clients and dozens of interviews across both markets, The Business of Fashion and McKinsey & Company find in the latest edition in our State of Fashion series a base of customers with increasingly distinct local preferences that nonetheless share an overarching desire for emotional connection.