Inside the painstaking design and development of the brand’s new Oyster Perpetual Land-Dweller.
Inside the painstaking design and development of the brand’s new Oyster Perpetual Land-Dweller.
Following the completion of a two-year transformation of London’s luxury destination Sloane Street, BoF and Cadogan — the property developer behind the £46 million investment — co-hosted a panel to unpack the economic and cultural factors shaping luxury today, alongside the evolution of luxury destination shopping. BoF shares key insights from the panel.
Following the completion of a two-year transformation of London’s luxury destination Sloane Street, BoF and Cadogan — the property developer behind the £46 million investment — co-hosted a panel to unpack the economic and cultural factors shaping luxury today, alongside the evolution of luxury destination shopping. BoF shares key insights from the panel.
Cape Town’s V&A is tripling the size of space available for rent to luxury retailers to almost 4,000 square meters (43,056 square feet) in a dedicated new wing, David Green, its chief executive officer, said in an interview.
Cape Town’s V&A is tripling the size of space available for rent to luxury retailers to almost 4,000 square meters (43,056 square feet) in a dedicated new wing, David Green, its chief executive officer, said in an interview.
Tourists have their pick of suitcases at every price point, thanks to low barriers to entry and a travel boom that’s inflated the category’s sales year after year. But amid signs demand has peaked, it’ll take more than a Shopify storefront and slick branding to succeed.
Tourists have their pick of suitcases at every price point, thanks to low barriers to entry and a travel boom that’s inflated the category’s sales year after year. But amid signs demand has peaked, it’ll take more than a Shopify storefront and slick branding to succeed.
Ermenegildo Zegna Group reported 2024 profits fell 31 percent to €91 million ($98 million), as a slowdown in China and a weaker wholesale performance, particularly at Thom Browne, weighed on results.
Ermenegildo Zegna Group reported 2024 profits fell 31 percent to €91 million ($98 million), as a slowdown in China and a weaker wholesale performance, particularly at Thom Browne, weighed on results.
The Swiss brand revealed a new collection fronted by Austin Butler and priced from $5,600 — considered a competitive price point for watches with in-house mechanical movements — as well as relaunching the Gallet brand with watches to be priced from $3,300. The moves defy the industry’s recent focus on top-end launches.
The Swiss brand revealed a new collection fronted by Austin Butler and priced from $5,600 — considered a competitive price point for watches with in-house mechanical movements — as well as relaunching the Gallet brand with watches to be priced from $3,300. The moves defy the industry’s recent focus on top-end launches.
Miguel Castro Freitas, a behind-the-scenes figure, will be named creative director of the L’Oréal-owned fashion and fragrance house.
Miguel Castro Freitas, a behind-the-scenes figure, will be named creative director of the L’Oréal-owned fashion and fragrance house.
Brands including Chopard and Messika are increasingly open about their reliance on Indian gemstone cutters. In addition to lower costs, the country boasts pedigreed suppliers and craftspeople well-versed in traditional techniques.
Brands including Chopard and Messika are increasingly open about their reliance on Indian gemstone cutters. In addition to lower costs, the country boasts pedigreed suppliers and craftspeople well-versed in traditional techniques.
American designers Jack McCollough and Lazaro Hernandez will take the creative reins of the Spanish brand, which grew estimated annual revenues to more than $1.5 billion during Jonathan Anderson’s transformative tenure.
American designers Jack McCollough and Lazaro Hernandez will take the creative reins of the Spanish brand, which grew estimated annual revenues to more than $1.5 billion during Jonathan Anderson’s transformative tenure.
Many in the industry vowed early in the pandemic to slow down, reduce waste and implement change. Somehow, we wound up right back where we started, writes Imran Amed.
Many in the industry vowed early in the pandemic to slow down, reduce waste and implement change. Somehow, we wound up right back where we started, writes Imran Amed.
Swiss watchmaker Richard Mille is renewing its deal with Ferrari and its F1 team. Limited quantities and savvy marketing plays have helped the brand build a $1.7 billion business—and steer clear of a downturn plaguing the luxury watch sector.
Swiss watchmaker Richard Mille is renewing its deal with Ferrari and its F1 team. Limited quantities and savvy marketing plays have helped the brand build a $1.7 billion business—and steer clear of a downturn plaguing the luxury watch sector.
Scarcity, innovation and the right investors have allowed Vanguart, Biver and more build top-end watchmaking businesses from scratch.
Scarcity, innovation and the right investors have allowed Vanguart, Biver and more build top-end watchmaking businesses from scratch.
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.
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
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.
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.
Reed plans to focus on his own brand after three and a half years as creative director for the Puig-owned label.
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
The contracts allow users to trade on outcomes such as whether an item will surpass a price threshold or predict whether a brand will launch a new model.
Following a last-minute withdrawal from the couture calendar in January, the label, which is majority-owned by Pinault family investment fund Artémis, cancelled a runway outing scheduled for March 6.