Swiss Watch Exports Grow for Fourth Month, Overcoming US Slump
Exports in August were buoyed by China and Japan, despite a sharp decline in shipments to the US.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
Phoebe Philo One Step Closer to Launch
Star designer Phoebe Philo is one step closer to launching her new namesake label. Today, the brand, which is set to debut digitally in September, began registering customers at phobephilo.com, fuelling anticipation amongst her fanbase of “Philophiles.”
Phoebe Philo One Step Closer to Launch
Star designer Phoebe Philo is one step closer to launching her new namesake label. Today, the brand, which is set to debut digitally in September, began registering customers at phobephilo.com, fuelling anticipation amongst her fanbase of “Philophiles.”
Soaring Miu Miu Sales Boost Prada Group
Miu Miu's first-half revenues jumped 50 percent year on year as runway relevance translated into sales. The group’s flagship Prada brand grew 18 percent.
Soaring Miu Miu Sales Boost Prada Group
Miu Miu's first-half revenues jumped 50 percent year on year as runway relevance translated into sales. The group’s flagship Prada brand grew 18 percent.
LVMH China Rebound Offsets Weakening US Demand
Group revenue for the first half rose 17 percent year-on-year to €42.2 billion. But a fall in US sales in the second quarter could signal the sector’s post-pandemic explosive growth spurt is beginning to temper.
LVMH China Rebound Offsets Weakening US Demand
Group revenue for the first half rose 17 percent year-on-year to €42.2 billion. But a fall in US sales in the second quarter could signal the sector’s post-pandemic explosive growth spurt is beginning to temper.
LVMH Inks Blockbuster Olympics Deal
The Louis Vuitton owner and its brands will be front-and-centre at the Paris 2024 games, deepening the conglomerate’s ties to the world of sport.
LVMH Inks Blockbuster Olympics Deal
The Louis Vuitton owner and its brands will be front-and-centre at the Paris 2024 games, deepening the conglomerate’s ties to the world of sport.
Where Did Luxury’s Aspirational Shoppers Go?
After years of fuelling growth at luxury brands, the consumer segment group — which typically opts for entry-level accessories — pulled back sharply on spending in the first quarter of 2023. BoF unpacks what happened and what’s to come.
Where Did Luxury’s Aspirational Shoppers Go?
After years of fuelling growth at luxury brands, the consumer segment group — which typically opts for entry-level accessories — pulled back sharply on spending in the first quarter of 2023. BoF unpacks what happened and what’s to come.
Is This Luxury’s New Normal?
LVMH, Kering and Prada are among the companies who will seek to reassure the market this week after mixed-bag earnings resulted in a luxury sell-off. That, plus what else to watch for in The Week Ahead.
Is This Luxury’s New Normal?
LVMH, Kering and Prada are among the companies who will seek to reassure the market this week after mixed-bag earnings resulted in a luxury sell-off. That, plus what else to watch for in The Week Ahead.
How Loewe Became One of Fashion’s Hottest Brands
The Spanish fashion brand surpassed Prada to become the internet’s favourite brand, according to the Lyst Index’s ranking of the most popular labels and products.
How Loewe Became One of Fashion’s Hottest Brands
The Spanish fashion brand surpassed Prada to become the internet’s favourite brand, according to the Lyst Index’s ranking of the most popular labels and products.
Who Should Be Gucci’s New CEO?
Following this week’s announcement that longtime Gucci chief Marco Bizzarri will exit the company in September, Imran Amed shares his top picks for one of the top jobs in the global luxury industry.
Who Should Be Gucci’s New CEO?
Following this week’s announcement that longtime Gucci chief Marco Bizzarri will exit the company in September, Imran Amed shares his top picks for one of the top jobs in the global luxury industry.
As Gucci’s CEO Steps Down, Saint Laurent’s Chief Steps Up
Marco Bizzarri led the Italian luxury giant through a historic expansion before the business struggled to bounce back from the pandemic. Parent company Kering announced the move as part of a broader executive shakeup after which Saint Laurent CEO Francesca Bellettini will oversee all the group’s brands.
As Gucci’s CEO Steps Down, Saint Laurent’s Chief Steps Up
Marco Bizzarri led the Italian luxury giant through a historic expansion before the business struggled to bounce back from the pandemic. Parent company Kering announced the move as part of a broader executive shakeup after which Saint Laurent CEO Francesca Bellettini will oversee all the group’s brands.
Ralph Lauren to Keep Raising Prices in Brand Elevation Push
The American label is doubling down on efforts to elevate the cachet of its brands and to sell higher-priced items like home goods.
Ralph Lauren to Keep Raising Prices in Brand Elevation Push
The American label is doubling down on efforts to elevate the cachet of its brands and to sell higher-priced items like home goods.
Richemont Drops on Signs Luxury Demand Falling in US, China
Richemont led luxury goods stocks lower amid concerns that demand in the US and China, two of the biggest markets for the industry, is starting to sputter.
Richemont Drops on Signs Luxury Demand Falling in US, China
Richemont led luxury goods stocks lower amid concerns that demand in the US and China, two of the biggest markets for the industry, is starting to sputter.
How Jane Birkin Changed ‘French Girl’ Style Forever
The British French actress and singer, who died on Sunday, embodied changing ideas of femininity and influenced fashion far beyond the Hermès bag that famously bears her name.
How Jane Birkin Changed ‘French Girl’ Style Forever
The British French actress and singer, who died on Sunday, embodied changing ideas of femininity and influenced fashion far beyond the Hermès bag that famously bears her name.
THE NEWS IN BRIEF
Mytheresa Owner’s Sales Rise as Ultra Wealthy Keep Shopping
LuxExperience posted a rise in sales as the luxury multibrand platform’s strategy of catering to the ultra wealthy helped it navigate a difficult environment for high-end fashion.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
Dior and A24 Announce Two-Year Collaboration
The partnership, which will kick off at the A24-owned, New York-based Cherry Lane Theatre, will comprise live events for film and theatre featuring established and emerging creative talent.
Princess Diana’s ‘Revenge Dress’ Comes to Auction at Sotheby’s
The black silk evening dress by Greek designer Christina Stambolian could fetch close to $300,000.
Jonathan Cohen Joins J. Mendel as Resident Designer
The New York-based designer is tasked with reviving the 156-year-old luxury fashion house, which filed for Chapter 11 bankruptcy in 2018.
Signet Lifts View as Cautious Consumers Splurge on Jewellery
The Jared, Kay and Zales owner raised its outlook for the second time this year as demand for jewellery remains resilient even as shoppers pull back on spending elsewhere.
European Luxury Stocks Face a Tough Second Half, HSBC Says
HSBC analysts downgraded LVMH and Burberry to hold as they said the second half of the year looks harder for soft luxury to navigate.