Capri Cuts Revenue Outlook as Iran War Hits Michael Kors Sales
Congestion at ports in Asia combined with weaker demand across Europe and emerging markets from the war hurt sales, the company said.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
Valentino Names Riccardo Bellini CEO With Kering Deal At Stake
After taking the helm of parent company Mayhoola earlier this year, the former Margiela and Chloé chief will now focus on turning around the Qatari-owned group’s biggest brand.
Valentino Names Riccardo Bellini CEO With Kering Deal At Stake
After taking the helm of parent company Mayhoola earlier this year, the former Margiela and Chloé chief will now focus on turning around the Qatari-owned group’s biggest brand.
Swatch’s Racism Controversy Ticks Up Growing Challenges
The Swiss watch giant is under fire for an ad depicting an Asian model pulling their eyes into slits — sparking outrage in China, its biggest market. The backlash comes as tariffs, a strong franc and weak demand weigh on the watch industry like rarely before.
Swatch’s Racism Controversy Ticks Up Growing Challenges
The Swiss watch giant is under fire for an ad depicting an Asian model pulling their eyes into slits — sparking outrage in China, its biggest market. The backlash comes as tariffs, a strong franc and weak demand weigh on the watch industry like rarely before.
Bag Charms Selling for $1,000 Are Retail’s Next Little Luxury
Tapping into the viral bag charm craze is ‘sensibly opportunistic’ for luxury companies that might as well ‘make some money off the back of it,’ said Neil Saunders, managing director at analytics firm GlobalData.
Bag Charms Selling for $1,000 Are Retail’s Next Little Luxury
Tapping into the viral bag charm craze is ‘sensibly opportunistic’ for luxury companies that might as well ‘make some money off the back of it,’ said Neil Saunders, managing director at analytics firm GlobalData.
Opinion: This Economy Is Ripe for Fake and Copycat Luxury Goods
Rising prices, shifting consumer tastes and manufacturing scandals are eroding trust in luxury, giving counterfeiters and dupe-makers new opportunities to win over shoppers seeking style at a more accessible cost, writes Andrea Felsted.
Opinion: This Economy Is Ripe for Fake and Copycat Luxury Goods
Rising prices, shifting consumer tastes and manufacturing scandals are eroding trust in luxury, giving counterfeiters and dupe-makers new opportunities to win over shoppers seeking style at a more accessible cost, writes Andrea Felsted.
End Times for Swiss Watchmakers?
This week, President Trump’s tariff on Switzerland went into effect, landing levies of 39 percent on every watch the country exports to the US. For some Swiss watchmakers, the threat is existential.
End Times for Swiss Watchmakers?
This week, President Trump’s tariff on Switzerland went into effect, landing levies of 39 percent on every watch the country exports to the US. For some Swiss watchmakers, the threat is existential.
London’s Luxury Hotels Have Hit Their Price Ceiling
With more luxury openings driving up supply and economic uncertainty tamping down demand, top London hotels are recalibrating their prices.
London’s Luxury Hotels Have Hit Their Price Ceiling
With more luxury openings driving up supply and economic uncertainty tamping down demand, top London hotels are recalibrating their prices.
Inside the First Dior Spa in the US
The opening of the multi-level space atop Dior’s New York flagship is the latest move in the brand’s push into spas.
Inside the First Dior Spa in the US
The opening of the multi-level space atop Dior’s New York flagship is the latest move in the brand’s push into spas.
A Letter to Kering’s New CEO
Incoming chief executive Luca De Meo needs to urgently tackle two problems, debt levels and management structure, writes Luca Solca.
A Letter to Kering’s New CEO
Incoming chief executive Luca De Meo needs to urgently tackle two problems, debt levels and management structure, writes Luca Solca.
Ralph Lauren Keeps Winning Streak Going, Raises Annual Outlook
The American fashion company has been a standout among US apparel companies, managing to steadily increase prices in recent years — even before tariffs hit.
Ralph Lauren Keeps Winning Streak Going, Raises Annual Outlook
The American fashion company has been a standout among US apparel companies, managing to steadily increase prices in recent years — even before tariffs hit.
Saudi Arabia Bets on Nature in Latest Tourism Play
The kingdom is investing billions in transforming a mountainous province the size of Austria into a luxury tourism destination.
Saudi Arabia Bets on Nature in Latest Tourism Play
The kingdom is investing billions in transforming a mountainous province the size of Austria into a luxury tourism destination.
Swiss Watch Giant Navigates Trump’s Tariff Uncertainty
Swatch Group CEO Nick Hayek has front-loaded shipments to the US, is targeting American shoppers as they travel abroad and has raised its prices as it grapples with a new 39 percent US tariff on Swiss-made products.
Swiss Watch Giant Navigates Trump’s Tariff Uncertainty
Swatch Group CEO Nick Hayek has front-loaded shipments to the US, is targeting American shoppers as they travel abroad and has raised its prices as it grapples with a new 39 percent US tariff on Swiss-made products.
Is $4,000 a Night for a Hotel Room the New Normal?
Prices have skyrocketed at luxury hotels, especially in top leisure markets. Will they ever come down?
Is $4,000 a Night for a Hotel Room the New Normal?
Prices have skyrocketed at luxury hotels, especially in top leisure markets. Will they ever come down?
THE NEWS IN BRIEF
Ralph Lauren Beats Estimates on Demand From Affluent Shoppers
Strong sales among young and affluent shoppers helped drive quarterly revenue above analysts' expectations.
Ferragamo Returns to Profit as Relaunch Strategy Advances
The Italian luxury brand swung to a net profit for the first half after growing sales in the second quarter, with turnaround efforts particularly evident in its directly owned shops.
The Met’s Next Fashion Blockbuster Will Spotlight Galliano
The fashion icon, as famous for his singular talent as a scandal that cost him one of the industry’s top jobs, will become one of only three living designers to get a major solo exhibition at the museum.
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.
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.