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.
Glenn Martens Takes Creative Reins at Maison Margiela
The Belgian designer, known for his work at Y/Project and Diesel, succeeds John Galliano as creative director of the French luxury house.
Glenn Martens Takes Creative Reins at Maison Margiela
The Belgian designer, known for his work at Y/Project and Diesel, succeeds John Galliano as creative director of the French luxury house.
LVMH Growth Boosts Luxury Outlook
The sector bellwether beat expectations with a 1 percent rise in fourth-quarter sales, as demand for fashion and leather goods picked up, adding to hopes the luxury market has turned a corner.
LVMH Growth Boosts Luxury Outlook
The sector bellwether beat expectations with a 1 percent rise in fourth-quarter sales, as demand for fashion and leather goods picked up, adding to hopes the luxury market has turned a corner.
LVMH and Stella McCartney Brand Part Ways
The designer is buying back LVMH’s minority stake in her namesake label but will continue to advise the group on sustainability issues.
LVMH and Stella McCartney Brand Part Ways
The designer is buying back LVMH’s minority stake in her namesake label but will continue to advise the group on sustainability issues.
This Week: Luxury’s Reality Check
LVMH reports fourth-quarter results, and will either confirm signs of a rebound – or dash hopes for a quick fix to the sector’s troubles.
This Week: Luxury’s Reality Check
LVMH reports fourth-quarter results, and will either confirm signs of a rebound – or dash hopes for a quick fix to the sector’s troubles.
Op-Ed | Why Luxury Needs Trump
Bernard Arnault’s appearance at the US President’s inauguration raised some eyebrows, but it was good business sense for the LVMH chairman, argues Andrea Felsted.
Op-Ed | Why Luxury Needs Trump
Bernard Arnault’s appearance at the US President’s inauguration raised some eyebrows, but it was good business sense for the LVMH chairman, argues Andrea Felsted.
The Future of ‘Made in Italy’: ‘Many Factories Will Disappear’
In Italy’s key luxury manufacturing sector, more than 2,000 factories closed in the first three quarters of 2024. But innovative suppliers like Gruppo Florence are developing new models to navigate the pressures of a changing market.
The Future of ‘Made in Italy’: ‘Many Factories Will Disappear’
In Italy’s key luxury manufacturing sector, more than 2,000 factories closed in the first three quarters of 2024. But innovative suppliers like Gruppo Florence are developing new models to navigate the pressures of a changing market.
Ami’s Evolving Paris Attitude
After growing sales ten-fold to over €300 million, designer-entrepreneur Alexandre Mattiussi and chief executive Nicolas Santi-Weill plan to cultivate a more nuanced, cohesive image.
Ami’s Evolving Paris Attitude
After growing sales ten-fold to over €300 million, designer-entrepreneur Alexandre Mattiussi and chief executive Nicolas Santi-Weill plan to cultivate a more nuanced, cohesive image.
Can Stone Island Scale Without Losing Its Spirit?
CEO Robert Triefus is balancing celebrity-fronted global campaigns and flagship stores in luxury shopping hubs with efforts to preserve the brand’s tribal appeal.
Can Stone Island Scale Without Losing Its Spirit?
CEO Robert Triefus is balancing celebrity-fronted global campaigns and flagship stores in luxury shopping hubs with efforts to preserve the brand’s tribal appeal.
Industry Leaders Share Perspectives at Milan Fashion Week Men’s Celebration
BoF, together with Amazon Fashion, unite renowned designers, executives, entrepreneurs and creatives from brands and businesses including Prada, Bottega Veneta, Moncler, Bally, Versace, Marni, Stone Island, Zegna, Tod’s, Cabana Magazine, Diesel and Setchu.
Industry Leaders Share Perspectives at Milan Fashion Week Men’s Celebration
BoF, together with Amazon Fashion, unite renowned designers, executives, entrepreneurs and creatives from brands and businesses including Prada, Bottega Veneta, Moncler, Bally, Versace, Marni, Stone Island, Zegna, Tod’s, Cabana Magazine, Diesel and Setchu.
The Philosophy Behind Lemaire’s $100 Million Ascent
Demand for the Paris label’s androgynous, utilitarian wardrobe has grown ten-fold since 2019 as shoppers turn their back on logo-mania and embrace the brand’s more subtle ethos. ‘Reality isn’t a dirty word,’ says co-creative director Christophe Lemaire.
The Philosophy Behind Lemaire’s $100 Million Ascent
Demand for the Paris label’s androgynous, utilitarian wardrobe has grown ten-fold since 2019 as shoppers turn their back on logo-mania and embrace the brand’s more subtle ethos. ‘Reality isn’t a dirty word,’ says co-creative director Christophe Lemaire.
Op-Ed | Not All of Luxury Can Glitter Like Cartier
Cartier owner Richemont has two attributes that make its recent sales performance particularly sparkling, writes Andrea Felsted.
Op-Ed | Not All of Luxury Can Glitter Like Cartier
Cartier owner Richemont has two attributes that make its recent sales performance particularly sparkling, writes Andrea Felsted.
Richemont’s Sales Soar 10%
Higher sales in the US and Europe coupled with smaller declines in China offered a tentative sign that demand for luxury goods may be recovering.
Richemont’s Sales Soar 10%
Higher sales in the US and Europe coupled with smaller declines in China offered a tentative sign that demand for luxury goods may be recovering.
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.