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.

Can luxury fashion’s biggest brand become a fine watchmaking powerhouse? Jean Arnault is betting on the relaunched Tambour model to lead a push upmarket.

Can luxury fashion’s biggest brand become a fine watchmaking powerhouse? Jean Arnault is betting on the relaunched Tambour model to lead a push upmarket.

Courtesy of System Magazine, BoF’s Imran Amed and Bernstein analyst Luca Solca discuss how the biggest French luxury companies dominate the fashion industry. ‘They control the whole ecosystem; they have a lock on it.’

Courtesy of System Magazine, BoF’s Imran Amed and Bernstein analyst Luca Solca discuss how the biggest French luxury companies dominate the fashion industry. ‘They control the whole ecosystem; they have a lock on it.’

From consumers replacing bucket lists with revenge buying to remote-working blending with travel itineraries to create a “bleisure” travel culture, Marriott International’s president of luxury Tina Edmundson tells BoF how post-pandemic travel trends are changing the opportunity for luxury.

From consumers replacing bucket lists with revenge buying to remote-working blending with travel itineraries to create a “bleisure” travel culture, Marriott International’s president of luxury Tina Edmundson tells BoF how post-pandemic travel trends are changing the opportunity for luxury.

The schedule has started to reflect a clientele increasingly centred in Asia, the Middle East and other regions beyond the traditional core of Europe and North America.

The schedule has started to reflect a clientele increasingly centred in Asia, the Middle East and other regions beyond the traditional core of Europe and North America.

The cult fashion label said the UK’s tax and customs authority issued a “winding-up petition,” which would allow courts to shutter the company for failing to settle its outstanding tax obligations.

The cult fashion label said the UK’s tax and customs authority issued a “winding-up petition,” which would allow courts to shutter the company for failing to settle its outstanding tax obligations.

Two years after the shuttering of Ralph & Russo, creative director Tamara Ralph is returning to the world of couture, with the debut of a new label under her own name.

Two years after the shuttering of Ralph & Russo, creative director Tamara Ralph is returning to the world of couture, with the debut of a new label under her own name.

The move comes as Karla Otto-owner The Independents, which acquired Bureau Betak in 2021, raises $400 million in funding to fuel ambitions to double in size by 2025.

The move comes as Karla Otto-owner The Independents, which acquired Bureau Betak in 2021, raises $400 million in funding to fuel ambitions to double in size by 2025.

The world’s biggest producer of luxury goods has emerged as a favourite among fund managers marketing themselves as promoters of environmental and social goals.

The world’s biggest producer of luxury goods has emerged as a favourite among fund managers marketing themselves as promoters of environmental and social goals.

A former Saint Laurent design director Chemena Kamali is leading a parallel studio at Chloé, with Gabriela Hearst’s future at the Richemont-owned brand unclear, sources said.

A former Saint Laurent design director Chemena Kamali is leading a parallel studio at Chloé, with Gabriela Hearst’s future at the Richemont-owned brand unclear, sources said.

Pietro Beccari spoke to BoF editor-in-chief Imran Amed about why Vuitton decided to give the men’s creative director role to a celebrity musician and not a traditional fashion designer; what Williams actually does in the role; and how he measured the success of the show.

Pietro Beccari spoke to BoF editor-in-chief Imran Amed about why Vuitton decided to give the men’s creative director role to a celebrity musician and not a traditional fashion designer; what Williams actually does in the role; and how he measured the success of the show.

Growth will largely come from a rebound in China, a strong Japan market and tourism to Europe. However, brands won’t feel the impact equally, said Bain partner Claudia D'Arpizio.

Growth will largely come from a rebound in China, a strong Japan market and tourism to Europe. However, brands won’t feel the impact equally, said Bain partner Claudia D'Arpizio.

The long lines of customers outside Chanel and Louis Vuitton stores on Hong Kong’s Canton Road are finally back, and the city’s biggest mall operator is trying to get them to spend like before.

The long lines of customers outside Chanel and Louis Vuitton stores on Hong Kong’s Canton Road are finally back, and the city’s biggest mall operator is trying to get them to spend like before.
Exports in August were buoyed by China and Japan, despite a sharp decline in shipments to the US.
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.
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
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.
The black silk evening dress by Greek designer Christina Stambolian could fetch close to $300,000.
The New York-based designer is tasked with reviving the 156-year-old luxury fashion house, which filed for Chapter 11 bankruptcy in 2018.
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.
HSBC analysts downgraded LVMH and Burberry to hold as they said the second half of the year looks harder for soft luxury to navigate.