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.
Why Fashion Is Maxing Out on Minimalism
The Row’s success – including a recent investment from the families behind Chanel and L’Oréal at a unicorn valuation – is the most prestigious example of a rising generation of women-led independent brands that sell minimalist, approachably chic clothes. Some of them have billion-dollar aspirations of their own.
Why Fashion Is Maxing Out on Minimalism
The Row’s success – including a recent investment from the families behind Chanel and L’Oréal at a unicorn valuation – is the most prestigious example of a rising generation of women-led independent brands that sell minimalist, approachably chic clothes. Some of them have billion-dollar aspirations of their own.
Gucci Names Stefano Cantino Its New CEO
The Italian executive, a veteran of Prada and Louis Vuitton, is replacing CEO Jean-François Palus as Kering’s flagship brand struggles to reignite consumer demand.
Gucci Names Stefano Cantino Its New CEO
The Italian executive, a veteran of Prada and Louis Vuitton, is replacing CEO Jean-François Palus as Kering’s flagship brand struggles to reignite consumer demand.
China’s Golden Week Travel Spending Lags Pre-Pandemic Levels
While Chinese people demonstrated a strong desire to travel domestically during the National Day Golden Week holiday period which ended Monday, they were less keen to spend while travelling.
China’s Golden Week Travel Spending Lags Pre-Pandemic Levels
While Chinese people demonstrated a strong desire to travel domestically during the National Day Golden Week holiday period which ended Monday, they were less keen to spend while travelling.
Moncler CEO Outlines Latest ‘Genius’ Strategy
Edward Enninful, Donald Glover, A$AP Rocky and Lucie and Luke Meier of Jil Sander are among the ‘Geniuses’ who will each build a house for the Italian skiwear specialist’s 30,000-square-foot ‘City of Genius’ activation in Shanghai this month, Remo Ruffini tells Tim Blanks.
Moncler CEO Outlines Latest ‘Genius’ Strategy
Edward Enninful, Donald Glover, A$AP Rocky and Lucie and Luke Meier of Jil Sander are among the ‘Geniuses’ who will each build a house for the Italian skiwear specialist’s 30,000-square-foot ‘City of Genius’ activation in Shanghai this month, Remo Ruffini tells Tim Blanks.
Op-Ed | LVMH Is in the Luxury Driver’s Seat With F1 Deal
Sponsoring the top-class Formula 1 motor racing competition will help the group’s Louis Vuitton and TAG Heuer brands withstand the luxury downturn, writes Bloomberg’s Andrea Felsted.
Op-Ed | LVMH Is in the Luxury Driver’s Seat With F1 Deal
Sponsoring the top-class Formula 1 motor racing competition will help the group’s Louis Vuitton and TAG Heuer brands withstand the luxury downturn, writes Bloomberg’s Andrea Felsted.
Alberto Caliri Replaces Filippo Grazioli at Missoni
Caliri, a company veteran who succeeded Angela Missoni in 2021 before shifting focus to Missoni Home, will take the reins as creative director at the Italian knitwear specialist, effective immediately.
Alberto Caliri Replaces Filippo Grazioli at Missoni
Caliri, a company veteran who succeeded Angela Missoni in 2021 before shifting focus to Missoni Home, will take the reins as creative director at the Italian knitwear specialist, effective immediately.
Michael Rider Replaces Hedi Slimane at Celine
Rider, a top design deputy during Phoebe Philo’s tenure at Celine who left his role at Ralph Lauren earlier this year, will oversee all collections at the LVMH-owned house from early 2025.
Michael Rider Replaces Hedi Slimane at Celine
Rider, a top design deputy during Phoebe Philo’s tenure at Celine who left his role at Ralph Lauren earlier this year, will oversee all collections at the LVMH-owned house from early 2025.
Hedi Slimane Is Exiting LVMH’s Celine
The star designer is departing the Parisian fashion house after months of thorny contract negotiations. During his tenure, Slimane more than doubled Celine’s annual sales to nearly €2.5 billion.
Hedi Slimane Is Exiting LVMH’s Celine
The star designer is departing the Parisian fashion house after months of thorny contract negotiations. During his tenure, Slimane more than doubled Celine’s annual sales to nearly €2.5 billion.
The Fashion-iest Place on Earth?
Coperni closed out fashion week at Disneyland Paris, the latest in a string of savvy, buzzmaking partnerships.
The Fashion-iest Place on Earth?
Coperni closed out fashion week at Disneyland Paris, the latest in a string of savvy, buzzmaking partnerships.
How Michelle Yeoh Conquered Fashion
With her historic 2023 Oscars win, the former Miss Malaysia and Hong Kong action star became a bona fide Hollywood A-lister. Now, the boundary-breaking actress and BoF 500 member has scored coveted global ambassador roles at not one, but two of fashion’s top luxury brands — Balenciaga and Bottega Veneta — at the age of 62.
How Michelle Yeoh Conquered Fashion
With her historic 2023 Oscars win, the former Miss Malaysia and Hong Kong action star became a bona fide Hollywood A-lister. Now, the boundary-breaking actress and BoF 500 member has scored coveted global ambassador roles at not one, but two of fashion’s top luxury brands — Balenciaga and Bottega Veneta — at the age of 62.
LVMH Sells Off-White Brand to Bluestar Alliance
The struggling luxury-streetwear pioneer will join Bluestar's stable of brands, including names like Tahari and Scotch & Soda.
LVMH Sells Off-White Brand to Bluestar Alliance
The struggling luxury-streetwear pioneer will join Bluestar's stable of brands, including names like Tahari and Scotch & Soda.
Wall Street Bets on $8.5 Billion Fashion Deal’s Fate in Trial
US antitrust enforcers face a pivotal moment on Monday as a federal judge hears closing arguments in their bid to block Tapestry Inc.’s $8.5 billion merger with Capri Holdings Ltd., a decision that could significantly impact hedge funds and investors banking on the deal’s outcome.
Wall Street Bets on $8.5 Billion Fashion Deal’s Fate in Trial
US antitrust enforcers face a pivotal moment on Monday as a federal judge hears closing arguments in their bid to block Tapestry Inc.’s $8.5 billion merger with Capri Holdings Ltd., a decision that could significantly impact hedge funds and investors banking on the deal’s outcome.
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.