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.
US Tariffs Will Test Luxury’s Pricing Power
European luxury brands have relied on dramatic price increases to fuel profit growth in recent years and may have limited manoeuvring room to raise prices further.
US Tariffs Will Test Luxury’s Pricing Power
European luxury brands have relied on dramatic price increases to fuel profit growth in recent years and may have limited manoeuvring room to raise prices further.
LVMH Slide Signals No Quick End to Big Luxury’s Malaise
A steep sales decline at the sector bellwether’s core fashion and leather goods division, which houses Louis Vuitton and Dior, point to a long road ahead.
LVMH Slide Signals No Quick End to Big Luxury’s Malaise
A steep sales decline at the sector bellwether’s core fashion and leather goods division, which houses Louis Vuitton and Dior, point to a long road ahead.
LVMH Struggles to Bounce Back Amid Deepening Luxury Downturn
Sales in the group's critical fashion and leather goods division — which includes flagship brand Louis Vuitton — fell 9 percent in the latest quarter. The group is fending off challenges across key units.
LVMH Struggles to Bounce Back Amid Deepening Luxury Downturn
Sales in the group's critical fashion and leather goods division — which includes flagship brand Louis Vuitton — fell 9 percent in the latest quarter. The group is fending off challenges across key units.
Pellicano Hotels Acquires La Badia Estate in Umbria
Marie-Louise Sciò’s fashionable hotel group – prized for its vibey, relaxed vision of luxury hospitality – is adding new properties to its portfolio with backing from private equity firm Aermont.
Pellicano Hotels Acquires La Badia Estate in Umbria
Marie-Louise Sciò’s fashionable hotel group – prized for its vibey, relaxed vision of luxury hospitality – is adding new properties to its portfolio with backing from private equity firm Aermont.
How Kerzner International Is Catering to the Luxury Traveller Mindset
BoF sits down with Kerzner International CEO Philippe Zuber to learn how its array of ‘ultra-luxury’ offerings across its hotel brand portfolio — One & Only, Siro, Atlantis and Rare Finds — is building a deeper connection with ultra-high-net-worth guests to meet their evolving needs.
How Kerzner International Is Catering to the Luxury Traveller Mindset
BoF sits down with Kerzner International CEO Philippe Zuber to learn how its array of ‘ultra-luxury’ offerings across its hotel brand portfolio — One & Only, Siro, Atlantis and Rare Finds — is building a deeper connection with ultra-high-net-worth guests to meet their evolving needs.
Luxury’s Gulf Between Winners and Losers Is Widening
This earnings season will be critical in determining luxury’s outperformers and laggards, with analysts expecting wide revenue growth results.
Luxury’s Gulf Between Winners and Losers Is Widening
This earnings season will be critical in determining luxury’s outperformers and laggards, with analysts expecting wide revenue growth results.
How Harrods Is Betting Big on the Fine Jewellery Boom
The storied British retailer is planning its most ambitious renovation in years to create a brand new watches and jewellery boutique.
How Harrods Is Betting Big on the Fine Jewellery Boom
The storied British retailer is planning its most ambitious renovation in years to create a brand new watches and jewellery boutique.
How ‘Dopamine Culture’ Rewired Fashion
The rise of social media algorithms that endlessly select and serve up digital content — whatever triggers a dopamine buzz in our brains — has rewired the luxury fashion industry. Is feeding the feed good for business?
How ‘Dopamine Culture’ Rewired Fashion
The rise of social media algorithms that endlessly select and serve up digital content — whatever triggers a dopamine buzz in our brains — has rewired the luxury fashion industry. Is feeding the feed good for business?
Why People Don’t Know How Much Their Art Is Worth
As the art market has contracted, publicly reported sales have thinned out, making the value of artworks increasingly difficult to determine.
Why People Don’t Know How Much Their Art Is Worth
As the art market has contracted, publicly reported sales have thinned out, making the value of artworks increasingly difficult to determine.
Opinion: When Will Luxury’s Perfect Storm Pass?
The luxury sector is probably closer to the end of the storm than the beginning, but many valuations are pricing in the worst, writes Andrea Felsted.
Opinion: When Will Luxury’s Perfect Storm Pass?
The luxury sector is probably closer to the end of the storm than the beginning, but many valuations are pricing in the worst, writes Andrea Felsted.
This Week: What’s Ailing Louis Vuitton?
LVMH is expected to report another quarter of falling sales. With a creative revamp underway at Dior and new management in place at Moët Hennessy, the group’s biggest and most profitable brand is facing scrutiny.
This Week: What’s Ailing Louis Vuitton?
LVMH is expected to report another quarter of falling sales. With a creative revamp underway at Dior and new management in place at Moët Hennessy, the group’s biggest and most profitable brand is facing scrutiny.
The BoF Podcast | Jacques Marie Mage and the Transformative Power of Sunglasses
Designer Jérôme Mage speaks to Imran Amed about how he built a cult luxury eyewear brand rooted in scarcity, storytelling and craftsmanship — and why having an outsider’s perspective is his greatest creative strength.
The BoF Podcast | Jacques Marie Mage and the Transformative Power of Sunglasses
Designer Jérôme Mage speaks to Imran Amed about how he built a cult luxury eyewear brand rooted in scarcity, storytelling and craftsmanship — and why having an outsider’s perspective is his greatest creative strength.
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.