Arnault Clan to Change LVMH Holding Structure to Ensure Control
Under the plan, the world’s biggest luxury group will be controlled by one entity, Agache SCA, after Christian Dior SE, one of the current holding companies of LVMH, is delisted.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
Are Luxury Brands Overexposed?
Sales of megabrands like Louis Vuitton and Hermès continue to surge, but ubiquity risk is driven by key styles appearing too often on the street and not by revenue, writes Luca Solca.
How Audemars Piguet Became Swiss Watchmaking’s Hottest Brand
The brand known for $50,000 Royal Oak watches transformed itself into a megabrand with more than $2.2 billion in annual sales by taking control of its distribution and forging culturally relevant partnerships. Outgoing CEO François-Henry Bennahmias breaks down the strategy.
It’s Not Just ‘Succession’: Why Quiet Luxury Is Everywhere Lately
The final season of HBO’s drama isn’t the only reason the discreet style of the ultra rich is a topic of conversation again. That, plus what else to watch for this week.
Op-Ed | Banking Crises Are a Bad Look for Louis Vuitton and Gucci
The recent banking drama, starting with Silicon Valley Bank earlier in the month and spreading to Credit Suisse Group AG last week, has roiled markets, sparking fears of further contagion.
Fashion’s Future at Auction Houses
Traditional auction houses like Christie’s, Sotheby’s and Philips — known for selling Warhols, Picassos and antiques — are using Birkins and Jordans to cultivate their next generation of collectors.
London Fears Losing Luxury Shoppers to Paris and Milan
With the UK no longer offering tax breaks to international shoppers, customers are instead flocking to Paris and Milan.
Dior to Show at Mumbai’s ‘Gateway of India’ Monument
At European luxury’s first major outing in the fast-growing Indian market, designer Maria Grazia Chiuri will showcase the focus on feminist values and global craftsmanship that have helped power growth for Dior, BoF can exclusively reveal.
Fewer Risks on the Oscars Red Carpet
Sunday’s show should partially reverse a steep slide in awards show ratings, and give luxury brands a big platform. That, plus what else to watch for this week.
Inside Prada’s Best Year in Business
The Milanese group, which also owns Miu Miu and Church’s, leveraged a partnership between Miuccia Prada and Raf Simons to generate record sales. A Thursday presentation gave investors a first peek at Prada’s future plans under new leadership.
Aquazzura Launches Handbag Line at Paris Event
It comes ahead of a retail push by the brand, which will include a new location on London’s prestigious Bond Street and a revamp of its Paris flagship.
L Catterton to Take Majority Stake in A.P.C.
The French brand, founded and run by Jean Touitou since 1987, is looking to the LVMH-backed private equity firm to help it scale internationally.
What’s the Value of Viral Fashion?
More than ever, the fashion industry is geared to generate buzz, but some brands are rethinking their dependence on marketing stunts.
THE NEWS IN BRIEF
Reference Festival to Host ‘Freie Kunst’ Event at Art Basel Paris
The event runs from Oct. 22 to 25 and will mix participants from art, fashion, music and technology as part of the festival’s tradition of a ‘radical and unhinged exchange of ideas,’ said Mumi Haiati, founder of the event’s organiser Reference Studios.
Dior to Host Cruise Show in Shanghai
The LVMH-owned megabrand will show its Cruise 2028 line in the Chinese fashion capital on May 14, 2027.
Botswana Seeks Bigger De Beers Stake
Diamonds have underpinned the African country's economy since their discovery there in 1967.
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.
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.