Tapestry Forecasts Strong Annual Profit as Coach Remains Hot
Resilient demand for Coach bags among young and affluent shoppers helped buoy the group, but weakness at Kate Spade led the company to forecast muted annual revenue.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
Opinion: What Luxury Can Learn From the Art World’s Miserable Year
While sales of top-priced artworks slowed, demand for more accessible works boomed in 2024, writes Bloomberg’s Andrea Felsted.
Opinion: What Luxury Can Learn From the Art World’s Miserable Year
While sales of top-priced artworks slowed, demand for more accessible works boomed in 2024, writes Bloomberg’s Andrea Felsted.
This Week: What’s LVMH’s Take on Tariffs?
The luxury conglomerate’s earnings will provide a window into how the sector’s biggest brands are expecting the rest of 2025 to go.
This Week: What’s LVMH’s Take on Tariffs?
The luxury conglomerate’s earnings will provide a window into how the sector’s biggest brands are expecting the rest of 2025 to go.
Will Prada’s Versace Bet Pay Off?
Prada is adding one of Italy’s most famous brands to its stable at an attractive price. But the group is also piling on complexity in a difficult luxury market.
Will Prada’s Versace Bet Pay Off?
Prada is adding one of Italy’s most famous brands to its stable at an attractive price. But the group is also piling on complexity in a difficult luxury market.
Capri’s Versace Blunders Opened Door to Prada Takeover
The US group sold Versace at a roughly $700 million loss after a strategy rooted in more muted designs and higher prices sent sales growth significantly off course.
Capri’s Versace Blunders Opened Door to Prada Takeover
The US group sold Versace at a roughly $700 million loss after a strategy rooted in more muted designs and higher prices sent sales growth significantly off course.
At Salone, Design Spectacle Takes Centre Stage
The power of brand theatre was on display at Milan Design Week, reports Dan Thawley.
At Salone, Design Spectacle Takes Centre Stage
The power of brand theatre was on display at Milan Design Week, reports Dan Thawley.
Capri Aims to Revive Michael Kors With Lower Prices, Amazon E-Commerce Sales
Capri Holdings will bank on mid-tier pricing and a partnership with Amazon following its sale of Versace to Prada, indicating it may relinquish its image as a luxury fashion conglomerate.
Capri Aims to Revive Michael Kors With Lower Prices, Amazon E-Commerce Sales
Capri Holdings will bank on mid-tier pricing and a partnership with Amazon following its sale of Versace to Prada, indicating it may relinquish its image as a luxury fashion conglomerate.
Prada Group to Buy Versace for €1.25 Billion
Prada plans to invest an additional €250 million in relaunching Versace, which has struggled to keep up with bigger heritage brands since selling to Michael Kors parent Capri Holdings in 2018.
Prada Group to Buy Versace for €1.25 Billion
Prada plans to invest an additional €250 million in relaunching Versace, which has struggled to keep up with bigger heritage brands since selling to Michael Kors parent Capri Holdings in 2018.
The Problem with Louis Vuitton’s Texas Factory
Six years after Bernard Arnault and Donald Trump cut the ribbon on a Vuitton plant in rural Texas, a Reuters investigation has uncovered significant underperformance at the handbag plant, underscoring the hurdles LVMH faces as it attempts to build its production footprint in the US.
The Problem with Louis Vuitton’s Texas Factory
Six years after Bernard Arnault and Donald Trump cut the ribbon on a Vuitton plant in rural Texas, a Reuters investigation has uncovered significant underperformance at the handbag plant, underscoring the hurdles LVMH faces as it attempts to build its production footprint in the US.
Hospitality, Design and the Art of Emotional Connection
At Milan Design Week, BoF and Marriott International’s Luxury Group co-hosted a panel discussion on the evolving demands of luxury customers and on building brand staying power in 2025. Now, BoF shares insights from the panel, featuring Marriott International’s president of luxury Tina Edmundson, Dimorestudio co-founder Britt Moran and BoF’s founder and CEO Imran Amed.
Hospitality, Design and the Art of Emotional Connection
At Milan Design Week, BoF and Marriott International’s Luxury Group co-hosted a panel discussion on the evolving demands of luxury customers and on building brand staying power in 2025. Now, BoF shares insights from the panel, featuring Marriott International’s president of luxury Tina Edmundson, Dimorestudio co-founder Britt Moran and BoF’s founder and CEO Imran Amed.
Global Market Rout Darkens Outlook for European Luxury Labels
One Wall Street analyst now expects global sales of luxury goods to fall by as much as 2 percent this year, marking the industry’s longest downturn in over two decades.
Global Market Rout Darkens Outlook for European Luxury Labels
One Wall Street analyst now expects global sales of luxury goods to fall by as much as 2 percent this year, marking the industry’s longest downturn in over two decades.
This Week: Luxury’s Salone Love Affair
The downturn in demand for luxury fashion hasn’t stopped major brands from making a splash at Milan’s Salone del Mobile design fair.
This Week: Luxury’s Salone Love Affair
The downturn in demand for luxury fashion hasn’t stopped major brands from making a splash at Milan’s Salone del Mobile design fair.
Explainer: How Trump’s Tariffs Threaten Luxury Fashion
The Trump administration’s radical changes to US trade policy won’t push retail prices up enough to directly dampen sales, but the effects on the global economy and consumer sentiment could seriously dent an industry still struggling to bounce back from a sharp downturn in demand.
Explainer: How Trump’s Tariffs Threaten Luxury Fashion
The Trump administration’s radical changes to US trade policy won’t push retail prices up enough to directly dampen sales, but the effects on the global economy and consumer sentiment could seriously dent an industry still struggling to bounce back from a sharp downturn in demand.
THE NEWS IN BRIEF
Richemont’s Panerai Brand Gets No Relief From Luxury Watch Revival
As the secondary market for timepieces rebounds, Cartier is grabbing buyer attention and there’s renewed enthusiasm around Vacheron Constantin, throwing the lack of interest in Panerai into stark contrast.
Report: Armani Stake Sale Could Be Delayed Beyond March 2027 Deadline
Citing company sources, Italian newspaper Corriere della Sera said market conditions for the luxury industry were still challenging and negotiating a deal could require time.
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.
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.