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.
Francesca Bellettini’s Plan For Kering
Topping off a transformative tenure at Saint Laurent, the Italian executive and BoF 500 member is co-piloting fashion’s highest-stakes turnaround effort as owner Kering’s deputy CEO for brand development. Can Bellettini engineer a rebirth for the luxury giant and its flagship label Gucci?
Francesca Bellettini’s Plan For Kering
Topping off a transformative tenure at Saint Laurent, the Italian executive and BoF 500 member is co-piloting fashion’s highest-stakes turnaround effort as owner Kering’s deputy CEO for brand development. Can Bellettini engineer a rebirth for the luxury giant and its flagship label Gucci?
Analytical, Not Literal: Inside Nadège Vanhee’s Hermès Vision
By translating the French luxury house’s codes with a mix of rigour and rebellion, the designer has updated its vision of feminine elegance with a sportier, more body-conscious silhouette.
Analytical, Not Literal: Inside Nadège Vanhee’s Hermès Vision
By translating the French luxury house’s codes with a mix of rigour and rebellion, the designer has updated its vision of feminine elegance with a sportier, more body-conscious silhouette.
The BoF Podcast | Alessandro Michele: ‘There Is Always Mr. Valentino Somewhere With Me’
Alessandro Michele sits down with Imran Amed to reflect on his evolution as a designer, his deep connection to Valentino’s heritage, and the importance of passion and obsession in achieving creative success.
The BoF Podcast | Alessandro Michele: ‘There Is Always Mr. Valentino Somewhere With Me’
Alessandro Michele sits down with Imran Amed to reflect on his evolution as a designer, his deep connection to Valentino’s heritage, and the importance of passion and obsession in achieving creative success.
Moncler CEO Strengthens Grip on Company With LVMH Deal
Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with LVMH, which will take a stake in the Ruffini investment vehicle that is Moncler’s biggest shareholder.
Moncler CEO Strengthens Grip on Company With LVMH Deal
Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with LVMH, which will take a stake in the Ruffini investment vehicle that is Moncler’s biggest shareholder.
Alessandro Michele’s Valentino Vision
After a historic turn at Gucci, Alessandro Michele’s next move was the subject of intense industry speculation. Now, the superstar creative director and BoF 500 member has returned to fashion with a new vision for the storied Roman couture house Valentino.
Alessandro Michele’s Valentino Vision
After a historic turn at Gucci, Alessandro Michele’s next move was the subject of intense industry speculation. Now, the superstar creative director and BoF 500 member has returned to fashion with a new vision for the storied Roman couture house Valentino.
W Hotels’ Lessons in Luxury’s Evolution to Meet Global Consumer Expectations
The newly transformed W Hotels’ flagship properties have reimagined their cultural programming and offerings across hospitality, music and fashion to cater to the demands of its discerning clientele. Now, BoF sits down with the senior vice president and global brand leader of W Hotels to learn more about the luxury lifestyle brand’s multi-year brand evolution to appeal to a cross-generational consumer base.
W Hotels’ Lessons in Luxury’s Evolution to Meet Global Consumer Expectations
The newly transformed W Hotels’ flagship properties have reimagined their cultural programming and offerings across hospitality, music and fashion to cater to the demands of its discerning clientele. Now, BoF sits down with the senior vice president and global brand leader of W Hotels to learn more about the luxury lifestyle brand’s multi-year brand evolution to appeal to a cross-generational consumer base.
Op-Ed | Why Luxury Stocks Are Headed for the Clearance Bin
Shares in LVMH and Hermès are still waiting for a consumer rebound in China, writes Bloomberg’s Andrea Felsted.
Op-Ed | Why Luxury Stocks Are Headed for the Clearance Bin
Shares in LVMH and Hermès are still waiting for a consumer rebound in China, writes Bloomberg’s Andrea Felsted.
Luxury’s Soft Patch Will Be Short
It’s tempting to think something is broken with the luxury sector, but the market slowdown is largely a macroeconomic issue and sales will grow by mid-single digits in 2025 in a base-case scenario, argues Luca Solca.
Luxury’s Soft Patch Will Be Short
It’s tempting to think something is broken with the luxury sector, but the market slowdown is largely a macroeconomic issue and sales will grow by mid-single digits in 2025 in a base-case scenario, argues Luca Solca.
Harrods Investigating if Any Current Staff Were Involved in Fayed’s Alleged Abuse
The company is investigating potential involvement of its current staff in the alleged sexual abuse by former owner Mohamed Al Fayed and is collaborating with Scotland Yard to address the claims.
Harrods Investigating if Any Current Staff Were Involved in Fayed’s Alleged Abuse
The company is investigating potential involvement of its current staff in the alleged sexual abuse by former owner Mohamed Al Fayed and is collaborating with Scotland Yard to address the claims.
Casablanca Paris to Open First Retail Store as Sales Approach $50 Million
Paris’ Rue du Faubourg Saint-Honoré will house the first boutique for Charaf Tajer’s 6 year-old fashion brand.
Casablanca Paris to Open First Retail Store as Sales Approach $50 Million
Paris’ Rue du Faubourg Saint-Honoré will house the first boutique for Charaf Tajer’s 6 year-old fashion brand.
Margherita Missoni’s Maccapani Brand Attracts Investment From Bizzarri Family, Collaborates With eBay
The family of former Gucci CEO Marco Bizzarri has taken a minority stake in the Italian knitwear scion’s new womenswear venture.
Margherita Missoni’s Maccapani Brand Attracts Investment From Bizzarri Family, Collaborates With eBay
The family of former Gucci CEO Marco Bizzarri has taken a minority stake in the Italian knitwear scion’s new womenswear venture.
‘The Ordinary Becomes Extraordinary’: Adrian Appiolaza’s Moschino Vision Takes Shape
Under new creative direction, the Italian fashion house is rebalancing its surrealist, campy image with a more grounded silhouette. 'It was important to find the line between reality and theatricality,’ Appiolaza told BoF.
‘The Ordinary Becomes Extraordinary’: Adrian Appiolaza’s Moschino Vision Takes Shape
Under new creative direction, the Italian fashion house is rebalancing its surrealist, campy image with a more grounded silhouette. 'It was important to find the line between reality and theatricality,’ Appiolaza told BoF.
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.