Puig Announces New CEO
xxxJose Manuel Albesa will succeed Marc Puig, becoming the first non-family member to lead the Spanish conglomerate in more than 20 years.
Opinions
Luxury
Miuccia Prada’s Awakening
The designer launches an artist’s collaboration at Miu Miu with a new attitude, writes Tim Blanks.
Miuccia Prada’s Awakening
The designer launches an artist’s collaboration at Miu Miu with a new attitude, writes Tim Blanks.
Luxury
Decoding Gucci’s Latest Digital Experiment
Tim Blanks talks to Alessandro Michele about Gucci’s new online concept store, Vault, and why the designer plans to stage a ‘surprise’ show despite skipping Milan fashion week.
Decoding Gucci’s Latest Digital Experiment
Tim Blanks talks to Alessandro Michele about Gucci’s new online concept store, Vault, and why the designer plans to stage a ‘surprise’ show despite skipping Milan fashion week.
Financial Markets
Could China’s President Be Good for Luxury?
Xi Jinping’s speech on ‘common prosperity’ was not a declaration of war on wealth but an acknowledgement that wealth is concentrated in too few hands. A larger middle class could actually create revenue opportunities at entry level prices for luxury brands.
Could China’s President Be Good for Luxury?
Xi Jinping’s speech on ‘common prosperity’ was not a declaration of war on wealth but an acknowledgement that wealth is concentrated in too few hands. A larger middle class could actually create revenue opportunities at entry level prices for luxury brands.
Retail
The Existential Question Facing Every Retailer Today
Retailers must create radical value, not just for consumers, but for brands.
The Existential Question Facing Every Retailer Today
Retailers must create radical value, not just for consumers, but for brands.
Luxury
New Taxes on China’s Rich Would Be Bad News for Luxury, But How Bad?
Luca Solca gauges the risk to the luxury goods sector of brewing Chinese government plans to redistribute wealth.
New Taxes on China’s Rich Would Be Bad News for Luxury, But How Bad?
Luca Solca gauges the risk to the luxury goods sector of brewing Chinese government plans to redistribute wealth.
Financial Markets
Luxury’s Deal Frenzy: Who, What, Why
This month’s Market Pulse breaks down the players, motivations and deal structures behind the uptick in corporate activity.
Luxury’s Deal Frenzy: Who, What, Why
This month’s Market Pulse breaks down the players, motivations and deal structures behind the uptick in corporate activity.
Financial Markets
Is Luxury Finally Embracing Technology?
Last month’s tie-up between LVMH and Google signals a growing rethink on how technology can enhance the luxury experience, writes Pierre Mallevays.
Is Luxury Finally Embracing Technology?
Last month’s tie-up between LVMH and Google signals a growing rethink on how technology can enhance the luxury experience, writes Pierre Mallevays.
Fashion Week
In Paris, Clothes or Concepts?
Maison Margiela, Jean Paul Gaultier and Fendi presented haute couture collections that doubled down on heritage but lacked purpose, writes Angelo Flaccavento.
In Paris, Clothes or Concepts?
Maison Margiela, Jean Paul Gaultier and Fendi presented haute couture collections that doubled down on heritage but lacked purpose, writes Angelo Flaccavento.
Luxury
Can Balenciaga Modernise Couture?
Reviving Balenciaga’s haute couture operation has been a transformative experience for Demna Gvasalia, resulting in a democratic, gender-fluid collection that includes jeans and t-shirts. The designer sits down with Tim Blanks for an in-depth interview on the label’s ‘50th couture collection.’
Can Balenciaga Modernise Couture?
Reviving Balenciaga’s haute couture operation has been a transformative experience for Demna Gvasalia, resulting in a democratic, gender-fluid collection that includes jeans and t-shirts. The designer sits down with Tim Blanks for an in-depth interview on the label’s ‘50th couture collection.’
Fashion Week
In Paris, Post-Pandemic Couture
On the first two days of Haute Couture Week, escapism was laced with a heavier side, reports Angelo Flaccavento.
In Paris, Post-Pandemic Couture
On the first two days of Haute Couture Week, escapism was laced with a heavier side, reports Angelo Flaccavento.
Luxury
Daniel Roseberry’s Schiaparelli Has Landed
The American designer has established himself as haute couture’s crown prince of extravagant, unabashed eccentricity, winning over the likes of Cardi B, Lady Gaga and Beyoncé.
Daniel Roseberry’s Schiaparelli Has Landed
The American designer has established himself as haute couture’s crown prince of extravagant, unabashed eccentricity, winning over the likes of Cardi B, Lady Gaga and Beyoncé.
Fashion Week
In Paris, Raving Out of Lockdown
The Paris men’s fashion week that closed Sunday was a wildly hedonistic, riotously liberated affair, high on neon colours and crazy shapes, reports Angelo Flaccavento.
In Paris, Raving Out of Lockdown
The Paris men’s fashion week that closed Sunday was a wildly hedonistic, riotously liberated affair, high on neon colours and crazy shapes, reports Angelo Flaccavento.
The News in Brief
Spandex Maker Lycra Files for Bankruptcy After Years of Stress
The company has been hampered with disruptions to supply chains, elevated inflation, growing competition from low-cost manufacturers and trade tariffs.
US SEC Preparing to Eliminate Quarterly Reporting Requirement, WSJ Says
The proposal would give companies the option to share results twice a year.
Kering Unveils New Jewellery Unit, Merges Fashion Brand Reporting
Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.