Skip to main content

Luxury

How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.

Op-Ed: Should a Luxury Group Buy De Beers?

Mining company Anglo American is considering offloading its storied diamond unit. It won’t be an easy sell.

Op-Ed: Should a Luxury Group Buy De Beers?

Mining company Anglo American is considering offloading its storied diamond unit. It won’t be an easy sell.


What the Mango Collaboration Means for Victoria Beckham’s Business

The deal is expected to help tip the company into profit for the first time and has got some speculating whether Beckham may one day eclipse her husband in money-making potential.

What the Mango Collaboration Means for Victoria Beckham’s Business

The deal is expected to help tip the company into profit for the first time and has got some speculating whether Beckham may one day eclipse her husband in money-making potential.


The Other Side of Hedi Slimane

The designer has always been an arch perfectionist, a quality that has been central to his success but which clashes with the demands on creative directors today, writes Imran Amed.

The Other Side of Hedi Slimane

The designer has always been an arch perfectionist, a quality that has been central to his success but which clashes with the demands on creative directors today, writes Imran Amed.


The Prada Exception: How the Trend-Setting Group Bucked Luxury’s Uneven Slowdown

This week, Prada and Miu Miu reported strong sales as LVMH slowed and Kering retreated sharply. In fashion’s so-called “quiet luxury” moment, consumers may care less about whether products have logos and more about what those logos stand for.

The Prada Exception: How the Trend-Setting Group Bucked Luxury’s Uneven Slowdown

This week, Prada and Miu Miu reported strong sales as LVMH slowed and Kering retreated sharply. In fashion’s so-called “quiet luxury” moment, consumers may care less about whether products have logos and more about what those logos stand for.


Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship

The luxury goods maker is seeking pricing harmonisation across the globe, and adjusts prices in different markets to ensure that the company is”fair to all [its] clients everywhere,” CEO Leena Nair said.

Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship

The luxury goods maker is seeking pricing harmonisation across the globe, and adjusts prices in different markets to ensure that the company is”fair to all [its] clients everywhere,” CEO Leena Nair said.


Hermès Defies Luxury Slowdown With Sales Jump in China

Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a broader slowdown in demand for the sector.

Hermès Defies Luxury Slowdown With Sales Jump in China

Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a broader slowdown in demand for the sector.


Miu Miu Sales Jump 89 Percent, Boosting Prada Group

The group’s flagship Prada brand grew more slowly but remained resilient in the face of a sector-wide slowdown, with retail sales up 7 percent.

Miu Miu Sales Jump 89 Percent, Boosting Prada Group

The group’s flagship Prada brand grew more slowly but remained resilient in the face of a sector-wide slowdown, with retail sales up 7 percent.


Kering Profits to Plummet 40-45% in First Half

The guidance was issued as the French group released first-quarter sales that confirmed forecasts for a slowdown. Weak demand in China and poor performance at flagship Gucci are weighing on the group.

Kering Profits to Plummet 40-45% in First Half

The guidance was issued as the French group released first-quarter sales that confirmed forecasts for a slowdown. Weak demand in China and poor performance at flagship Gucci are weighing on the group.


Op-Ed | Tapestry-Capri and Pricey Purses Are the Wrong Targets for Trustbusters

Consumers face less, not more, choice if handbag brands can't scale up to compete with LVMH, argues Andrea Felsted.

Op-Ed | Tapestry-Capri and Pricey Purses Are the Wrong Targets for Trustbusters

Consumers face less, not more, choice if handbag brands can't scale up to compete with LVMH, argues Andrea Felsted.


Can Kering Turn Things Around?

As the French luxury group attempts to get back on track, investors, former insiders and industry observers say the group needs a far more drastic overhaul than it has planned, reports Bloomberg.

Can Kering Turn Things Around?

As the French luxury group attempts to get back on track, investors, former insiders and industry observers say the group needs a far more drastic overhaul than it has planned, reports Bloomberg.


Can Celine Work Without Hedi Slimane?

After growing the brand’s annual sales to nearly €2.5 billion, the star designer has been locked in a thorny contract negotiation with owner LVMH that could lead to his exit, sources say. BoF breaks down what Slimane brought to Celine and what his departure could mean.

Can Celine Work Without Hedi Slimane?

After growing the brand’s annual sales to nearly €2.5 billion, the star designer has been locked in a thorny contract negotiation with owner LVMH that could lead to his exit, sources say. BoF breaks down what Slimane brought to Celine and what his departure could mean.


Ganni Hires New CEO From Balenciaga

Balenciaga’s deputy CEO Laura du Rusquec will replace Andrea Baldo as the Danish brand aims to elevate its image.

Ganni Hires New CEO From Balenciaga

Balenciaga’s deputy CEO Laura du Rusquec will replace Andrea Baldo as the Danish brand aims to elevate its image.