David Pemsel to Step Down as British Fashion Council Chairman
The UK fashion trade body has yet to name a successor.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
How Ulla Johnson Played Fashion’s Long Game
After 25 years in business, Ulla Johnson has reached nine figures in annual sales by charting her own course, from resisting outside fundraising to embracing what she calls “slow fashion.” With a new CEO at the helm, she’s once again looking to enter the next stage of growth her own way.
How Ulla Johnson Played Fashion’s Long Game
After 25 years in business, Ulla Johnson has reached nine figures in annual sales by charting her own course, from resisting outside fundraising to embracing what she calls “slow fashion.” With a new CEO at the helm, she’s once again looking to enter the next stage of growth her own way.
Ulysse Nardin and Girard-Perregaux Chart a Post-Kering Future
Two underdog watchmakers with centuries-old histories have had to furlough workers in a slowing luxury market. But CEO Patrick Pruniaux sees opportunity ahead as the brands endeavour to stand on their own in the wake of a sale by Gucci-owner Kering.
Ulysse Nardin and Girard-Perregaux Chart a Post-Kering Future
Two underdog watchmakers with centuries-old histories have had to furlough workers in a slowing luxury market. But CEO Patrick Pruniaux sees opportunity ahead as the brands endeavour to stand on their own in the wake of a sale by Gucci-owner Kering.
Tom Ford Names Haider Ackermann Creative Director
The Colombian-born designer is known for his precise, sensual aesthetic. Owner Estee Lauder and licensee Zegna have lofty ambitions for the brand, whose former creative director Peter Hawking exited suddenly in July.
Tom Ford Names Haider Ackermann Creative Director
The Colombian-born designer is known for his precise, sensual aesthetic. Owner Estee Lauder and licensee Zegna have lofty ambitions for the brand, whose former creative director Peter Hawking exited suddenly in July.
Swiss Watchmakers Seek State Aid Amid Luxury Downturn
Some brands say they are furloughing workers to avoid permanent cuts.
Swiss Watchmakers Seek State Aid Amid Luxury Downturn
Some brands say they are furloughing workers to avoid permanent cuts.
Phoebe Philo Launches Brick-and-Mortar Wholesale
After launching as a direct-to-consumer, online-only venture, the LVMH-backed label is diversifying its distribution strategy
Phoebe Philo Launches Brick-and-Mortar Wholesale
After launching as a direct-to-consumer, online-only venture, the LVMH-backed label is diversifying its distribution strategy
Why Theophilio Is Giving Fashion Week Another Shot
The New York-based label will return to the schedule after a three-season hiatus. This time around, the business is in a much healthier financial state, said designer Edvin Thompson, and is now eyeing a supply chain expansion.
Why Theophilio Is Giving Fashion Week Another Shot
The New York-based label will return to the schedule after a three-season hiatus. This time around, the business is in a much healthier financial state, said designer Edvin Thompson, and is now eyeing a supply chain expansion.
How Shoppers Get Luxury’s Most Exclusive Products
Shoppers are finding alternative ways to get their hands on the unattainable bags, shoes and watches, from auction houses to specialised fashion sourcers.
How Shoppers Get Luxury’s Most Exclusive Products
Shoppers are finding alternative ways to get their hands on the unattainable bags, shoes and watches, from auction houses to specialised fashion sourcers.
Where Does Accessible Luxury Go From Here?
This week, Coach owner Tapestry reports full-year results amid a slowing US economy and stalled takeover bid for Michael Kors parent Capri.
Where Does Accessible Luxury Go From Here?
This week, Coach owner Tapestry reports full-year results amid a slowing US economy and stalled takeover bid for Michael Kors parent Capri.
Dior Breached UK’s Modern Slavery Disclosure Requirements
The luxury brand, which is under scrutiny for links to sweatshop labour in Italy, was behind on publishing supply chain disclosures required by UK law until last month.
Dior Breached UK’s Modern Slavery Disclosure Requirements
The luxury brand, which is under scrutiny for links to sweatshop labour in Italy, was behind on publishing supply chain disclosures required by UK law until last month.
Is This an Inflection Point for Luxury Fashion?
As the fashion industry takes a breather in August, luxury brands grapple with creative leadership gaps, plummeting profits, and evolving consumer priorities, raising questions about whether current struggles signal a permanent shift in the market landscape, writes Imran Amed.
Is This an Inflection Point for Luxury Fashion?
As the fashion industry takes a breather in August, luxury brands grapple with creative leadership gaps, plummeting profits, and evolving consumer priorities, raising questions about whether current struggles signal a permanent shift in the market landscape, writes Imran Amed.
The BoF Podcast | Willy Chavarria on Promoting Social Justice Through Fashion
The award-winning designer joins BoF founder and editor-in-chief Imran Amed to discuss how he lifts up marginalised groups through his designs.
The BoF Podcast | Willy Chavarria on Promoting Social Justice Through Fashion
The award-winning designer joins BoF founder and editor-in-chief Imran Amed to discuss how he lifts up marginalised groups through his designs.
Luxury’s Latest Foe: 40% Discounts on Chinese Resale Sites
Luxury powerhouses like LVMH and Kering are facing a fast-growing problem in China: a grey market offering brand-new, authenticated goods procured in other countries for major discounts on mainland prices.
Luxury’s Latest Foe: 40% Discounts on Chinese Resale Sites
Luxury powerhouses like LVMH and Kering are facing a fast-growing problem in China: a grey market offering brand-new, authenticated goods procured in other countries for major discounts on mainland prices.
THE NEWS IN BRIEF
Dolce & Gabbana Seeks to Raise Cash in Exchange for Debt Waiver
Dolce & Gabbana is seeking to raise cash using transactions outside the Italian fashion house’s day-to-day business after banks agreed to waive terms governing its debt as demand for luxury goods stays weak.
Laopu Gold Growth Slows as Bullion Slide Hits Luxury Demand
The Chinese jewellery maker’s revenue increased 60 percent to $2.9 billion during the the six months ended June.
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.
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.