Gen-Z Luxury Buyers Are Scanning Resale First, RealReal CEO Says
More than 80 percent of the company’s fastest-growing segment — Gen Z and Millennials — are scanning the secondary market before buying new items from luxury brands.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
Opening Day at Jacquemus’ First US Boutique
The Paris-based independent brand, known for its eye-popping marketing stunts, playful bags and dramatic runway shows, was met with a massive crowd for the ribbon cutting of its first stateside store in New York’s SoHo.
Opening Day at Jacquemus’ First US Boutique
The Paris-based independent brand, known for its eye-popping marketing stunts, playful bags and dramatic runway shows, was met with a massive crowd for the ribbon cutting of its first stateside store in New York’s SoHo.
The BoF Podcast | How Michelle Yeoh Conquered Hollywood — and Fashion
BoF founder and editor-in-chief Imran Amed sits down with Academy Award-winning actress Michelle Yeoh to discuss her winding journey to the big screen and why fashion is finally embracing older women.
The BoF Podcast | How Michelle Yeoh Conquered Hollywood — and Fashion
BoF founder and editor-in-chief Imran Amed sits down with Academy Award-winning actress Michelle Yeoh to discuss her winding journey to the big screen and why fashion is finally embracing older women.
In Paris, Fashion Is Betting on Art Basel’s Big Bang
Miu Miu, Chanel, Louis Vuitton and more have dialled up their activities around a revamped Paris art week. The event provides a window into where global creativity is headed—as well as insight to the tastes and spending habits of the world’s wealthiest culturati, Dan Thawley reports.
In Paris, Fashion Is Betting on Art Basel’s Big Bang
Miu Miu, Chanel, Louis Vuitton and more have dialled up their activities around a revamped Paris art week. The event provides a window into where global creativity is headed—as well as insight to the tastes and spending habits of the world’s wealthiest culturati, Dan Thawley reports.
Gucci’s Marketing and Communications Shakeup Continues
Chief brand officer Alessio Vannetti is the latest to leave the Italian mega-label. With sales under pressure, the brand is restructuring its operations under a new CEO.
Gucci’s Marketing and Communications Shakeup Continues
Chief brand officer Alessio Vannetti is the latest to leave the Italian mega-label. With sales under pressure, the brand is restructuring its operations under a new CEO.
LVMH Results Spell Trouble for Luxury Sector
Fashion revenue at the Louis Vuitton, Dior and Loewe owner fell 5 percent in the third quarter, badly missing estimates.
LVMH Results Spell Trouble for Luxury Sector
Fashion revenue at the Louis Vuitton, Dior and Loewe owner fell 5 percent in the third quarter, badly missing estimates.
Alberta Ferretti Names Lorenzo Serafini Creative Director
As part of the move, Italian ready-to-wear group Aeffe will fold its Philosophy line into the Alberta Ferretti brand under Serafini’s leadership.
Alberta Ferretti Names Lorenzo Serafini Creative Director
As part of the move, Italian ready-to-wear group Aeffe will fold its Philosophy line into the Alberta Ferretti brand under Serafini’s leadership.
Altuzarra Nabs Investment From New Venture Fund P180
The 16-year-old womenswear label is partnering with the investment firm to ramp up its direct-to-consumer business.
Altuzarra Nabs Investment From New Venture Fund P180
The 16-year-old womenswear label is partnering with the investment firm to ramp up its direct-to-consumer business.
Inside Luxury’s Slowdown
Economic headwinds, higher prices and a lack of novel design are all weighing on what was previously fashion’s most dynamic segment. LVMH’s quarterly results Tuesday will offer hotly-watched insights on the severity of the slowdown and how long it will last.
Inside Luxury’s Slowdown
Economic headwinds, higher prices and a lack of novel design are all weighing on what was previously fashion’s most dynamic segment. LVMH’s quarterly results Tuesday will offer hotly-watched insights on the severity of the slowdown and how long it will last.
Twisted Creativity Takes Home Top Honours at Hyères
Dolev Elron, a menswear designer for Acne Studios, wowed the fashion jury with his distorted jeans and tank tops. Accessories winners Chiyang Duan and Clara Besnard also twisted bags, belts, and eyewear.
Twisted Creativity Takes Home Top Honours at Hyères
Dolev Elron, a menswear designer for Acne Studios, wowed the fashion jury with his distorted jeans and tank tops. Accessories winners Chiyang Duan and Clara Besnard also twisted bags, belts, and eyewear.
This Week: Has Luxury Hit Bottom?
LVMH kicks off earnings season for the sector on Oct. 14, and will likely offer some guidance on whether the category’s problems represent a cyclical bump in the road, or a structural shift.
This Week: Has Luxury Hit Bottom?
LVMH kicks off earnings season for the sector on Oct. 14, and will likely offer some guidance on whether the category’s problems represent a cyclical bump in the road, or a structural shift.
What I Learned at Fashion Month
Imran Amed shares his key findings from recent fashion weeks in London, Milan and Paris as the industry grapples with a slowdown that has raised questions about the long-term business model of the luxury sector.
What I Learned at Fashion Month
Imran Amed shares his key findings from recent fashion weeks in London, Milan and Paris as the industry grapples with a slowdown that has raised questions about the long-term business model of the luxury sector.
Kim Jones Exits Fendi, Remains at Dior
The British designer is leaving the Roman fur and leather goods house and will ‘concentrate fully’ on his role as menswear artistic director at LVMH stablemate Dior.
Kim Jones Exits Fendi, Remains at Dior
The British designer is leaving the Roman fur and leather goods house and will ‘concentrate fully’ on his role as menswear artistic director at LVMH stablemate Dior.
THE NEWS IN BRIEF
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.
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.