As the luxury watch brand celebrated its 270th anniversary, BoF’s Nick Blunden moderated a panel featuring Vacheron Constantin’s heritage and style director Christian Selmoni, author and artist Alia Al Shamsi, and editor of The National’s Luxury Magazine Nasri Atallah, to unpack how heritage brands can resonate authentically in the UAE.
As the luxury watch brand celebrated its 270th anniversary, BoF’s Nick Blunden moderated a panel featuring Vacheron Constantin’s heritage and style director Christian Selmoni, author and artist Alia Al Shamsi, and editor of The National’s Luxury Magazine Nasri Atallah, to unpack how heritage brands can resonate authentically in the UAE.
Talks between Prada and Versace owner Capri are progressing and could results in a deal in March, Bloomberg reports.
Talks between Prada and Versace owner Capri are progressing and could results in a deal in March, Bloomberg reports.
Spinning off Moët Hennessy is an appealing prospect for markets, Andrea Felsted writes.
Spinning off Moët Hennessy is an appealing prospect for markets, Andrea Felsted writes.
A year into its ownership of the embattled luxury e-tailer, the South Korean e-commerce giant is whipping Farfetch into shape, reaching near breakeven in its latest quarter. But company insiders say Coupang has gone from cutting fat to cutting muscle, stripping Farfetch of its ability to compete for the attention and dollars of key ultra-wealthy shoppers who account for 30 percent of its annual sales.
A year into its ownership of the embattled luxury e-tailer, the South Korean e-commerce giant is whipping Farfetch into shape, reaching near breakeven in its latest quarter. But company insiders say Coupang has gone from cutting fat to cutting muscle, stripping Farfetch of its ability to compete for the attention and dollars of key ultra-wealthy shoppers who account for 30 percent of its annual sales.
The family that controls Kering recently bought a majority share in Aqua Expeditions, a boutique luxury cruise line. The push comes as arch rival LVMH, as well as Ritz-Carlton, Four Seasons and Aman, invest in ‘floating hotels.’
The family that controls Kering recently bought a majority share in Aqua Expeditions, a boutique luxury cruise line. The push comes as arch rival LVMH, as well as Ritz-Carlton, Four Seasons and Aman, invest in ‘floating hotels.’
The LVMH-owned brand plans to spend nearly 20 percent of sales on marketing this year, new CEO Antoine Pin says, doubling down on partnerships in the fast-expanding world of F1 racing in an effort to keep up growth in a sluggish watch market.
The LVMH-owned brand plans to spend nearly 20 percent of sales on marketing this year, new CEO Antoine Pin says, doubling down on partnerships in the fast-expanding world of F1 racing in an effort to keep up growth in a sluggish watch market.
The palazzo that currently houses Valentino’s archive will reopen in May as a space for art and fashion exhibitions from the Valentino Garavani and Giancarlo Giammetti Foundation. A show exploring post-modernism “from Bacon to Basquiat” will be its first endeavour.
The palazzo that currently houses Valentino’s archive will reopen in May as a space for art and fashion exhibitions from the Valentino Garavani and Giancarlo Giammetti Foundation. A show exploring post-modernism “from Bacon to Basquiat” will be its first endeavour.
In a fragmented market, resale prices are more scattergun than ever. This leads to confused buyers, disillusioned sellers and market stagnation.
In a fragmented market, resale prices are more scattergun than ever. This leads to confused buyers, disillusioned sellers and market stagnation.
Executives at Hermès and Kering said last week they could leverage their brands' cachet to absorb any additional duties.
Executives at Hermès and Kering said last week they could leverage their brands' cachet to absorb any additional duties.
Luxury editor Robert Williams joins executive editor Brian Baskin and senior correspondent Sheena Butler-Young to discuss Gucci’s dramatic sales decline, leadership churn, and the broader challenges facing the luxury group Kering, as the conglomerate seeks a path to recovery.
Luxury editor Robert Williams joins executive editor Brian Baskin and senior correspondent Sheena Butler-Young to discuss Gucci’s dramatic sales decline, leadership churn, and the broader challenges facing the luxury group Kering, as the conglomerate seeks a path to recovery.
The iconic American dress brand is trading traditional wholesale for exclusive deals with regional giants as part of its revamp strategy. ‘I had to take back control of business, but do it in an unconventional way,’ von Furstenberg said.
The iconic American dress brand is trading traditional wholesale for exclusive deals with regional giants as part of its revamp strategy. ‘I had to take back control of business, but do it in an unconventional way,’ von Furstenberg said.
'Big Four' watchmaking brands Rolex, Patek Philippe, Audemars Piguet and Richard Mille all grew last year, Morgan Stanley’s annual report said. But less sought-after names including Tudor, LVMH’s Hublot, Swatch’s Longines and Breguet all registered steep declines.
'Big Four' watchmaking brands Rolex, Patek Philippe, Audemars Piguet and Richard Mille all grew last year, Morgan Stanley’s annual report said. But less sought-after names including Tudor, LVMH’s Hublot, Swatch’s Longines and Breguet all registered steep declines.
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.