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.
Who Will Lead the House of Gucci?
The abrupt departure of creative director Sabato De Sarno raises questions over who will replace him and how long it will take to get Kering’s anchor brand back on track.
Who Will Lead the House of Gucci?
The abrupt departure of creative director Sabato De Sarno raises questions over who will replace him and how long it will take to get Kering’s anchor brand back on track.
Sabato de Sarno Exits Gucci
The creative director is leaving after two years at the brand, whose pivot to more universal styling and an emphasis on iconic wardrobe pieces has struggled to gain traction in a tough market for luxury.
Sabato de Sarno Exits Gucci
The creative director is leaving after two years at the brand, whose pivot to more universal styling and an emphasis on iconic wardrobe pieces has struggled to gain traction in a tough market for luxury.
Why Louis Vuitton Went Back to Murakami
Plus, Hollywood versus Silicon Valley, Frieze and the Oscars after the LA fires, Spotify enters video with The Weeknd, and more from arts columnist Marc Spiegler.
Why Louis Vuitton Went Back to Murakami
Plus, Hollywood versus Silicon Valley, Frieze and the Oscars after the LA fires, Spotify enters video with The Weeknd, and more from arts columnist Marc Spiegler.
Decoding LVMH Watch Week
The event was the first time the group’s watch brands had come together publicly since LVMH Watches chief executive Frédéric Arnault announced plans to streamline the division’s operations in November last year.
Decoding LVMH Watch Week
The event was the first time the group’s watch brands had come together publicly since LVMH Watches chief executive Frédéric Arnault announced plans to streamline the division’s operations in November last year.
Ferragamo Parts Ways With CEO Marco Gobbetti
Gobbetti will leave next month after just over three years in the role, during which he failed to stop sliding sales and shares lost 66 percent of their value.
Ferragamo Parts Ways With CEO Marco Gobbetti
Gobbetti will leave next month after just over three years in the role, during which he failed to stop sliding sales and shares lost 66 percent of their value.
The BoF Podcast | The Luxury Crisis, Explained
BoF’s Imran Amed and Bob Safian discuss the forces shaping the luxury slowdown and what the industry needs to do to snap out of it.
The BoF Podcast | The Luxury Crisis, Explained
BoF’s Imran Amed and Bob Safian discuss the forces shaping the luxury slowdown and what the industry needs to do to snap out of it.
Why Dior Needs a Change
Kim Jones is exiting the brand, with Maria Grazia Chiuri expected to follow suit in the coming months. Will a creative shakeup reinvigorate excitement for LVMH’s second-biggest brand?
Why Dior Needs a Change
Kim Jones is exiting the brand, with Maria Grazia Chiuri expected to follow suit in the coming months. Will a creative shakeup reinvigorate excitement for LVMH’s second-biggest brand?
Kim Jones Exits Dior Homme
Jones is leaving his position as artistic director of the LVMH-owned menswear line after seven years. Neither his successor nor his next moves were announced.
Kim Jones Exits Dior Homme
Jones is leaving his position as artistic director of the LVMH-owned menswear line after seven years. Neither his successor nor his next moves were announced.
Marriott International: What Luxury Travellers Really Want
The post-pandemic travel boom may be on the wane, but in its wake it leaves a tourism market that has been utterly transformed. Tina Edmundson, president of luxury at Marriott International, explains how the hospitality giant is adapting its offerings to customers’ rapidly evolving needs.
Marriott International: What Luxury Travellers Really Want
The post-pandemic travel boom may be on the wane, but in its wake it leaves a tourism market that has been utterly transformed. Tina Edmundson, president of luxury at Marriott International, explains how the hospitality giant is adapting its offerings to customers’ rapidly evolving needs.
Piaget’s CEO on Powering Growth in a Challenging Watch Market
The Richemont-owned jewellery and watch brand is enjoying newfound momentum after relaunching its Polo 79 timepiece — part of a broader programme to reactivate the glamour of its jet-set glory days. CEO Benjamin Comar shares his vision for how Swiss watchmakers can reach new clients in a tough market for hard luxury for The State of Fashion: Luxury.
Piaget’s CEO on Powering Growth in a Challenging Watch Market
The Richemont-owned jewellery and watch brand is enjoying newfound momentum after relaunching its Polo 79 timepiece — part of a broader programme to reactivate the glamour of its jet-set glory days. CEO Benjamin Comar shares his vision for how Swiss watchmakers can reach new clients in a tough market for hard luxury for The State of Fashion: Luxury.
Mulberry Wants to Make Brit Bags Cool Again
After years of dwindling profits and missing trends, Mulberry wants to double down on its British heritage in hopes to win over – and win back – customers in the UK and US.
Mulberry Wants to Make Brit Bags Cool Again
After years of dwindling profits and missing trends, Mulberry wants to double down on its British heritage in hopes to win over – and win back – customers in the UK and US.
Op-Ed | Louis Vuitton Needs Noughties Nostalgia and Taylor Swift
LVMH reported better-than-expected sales growth in the fourth quarter, but its performance lagged behind rivals like Richemont and Burberry. A Taylor Swift tie-up and nostalgic collaborations with Japanese artist Takashi Murakami may give the group a boost, writes Andrea Felsted.
Op-Ed | Louis Vuitton Needs Noughties Nostalgia and Taylor Swift
LVMH reported better-than-expected sales growth in the fourth quarter, but its performance lagged behind rivals like Richemont and Burberry. A Taylor Swift tie-up and nostalgic collaborations with Japanese artist Takashi Murakami may give the group a boost, writes Andrea Felsted.
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.