Swatch CEO Warns Iran War Is Weighing on Watchmaker’s Sales
The company has more than 200 stores in the Middle East, said chief executive officer Nick Hayek.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
How Grand Seiko Is Seizing Japan’s Luxury Shopping Moment
Tourist shoppers have flocked to Japan to take advantage of top-quality shopping and a weaker yen. Seiko Group president Akio Naito breaks down how the watchmaker’s high-end brand — sometimes referred to as the ‘Japanese Rolex’ — plans to keep up momentum after beating the market this year.
How Grand Seiko Is Seizing Japan’s Luxury Shopping Moment
Tourist shoppers have flocked to Japan to take advantage of top-quality shopping and a weaker yen. Seiko Group president Akio Naito breaks down how the watchmaker’s high-end brand — sometimes referred to as the ‘Japanese Rolex’ — plans to keep up momentum after beating the market this year.
The Next Chapter of Swarovski’s ‘Pop Luxury’ Turnaround
A campaign fronted by Ariana Grande is the Austrian crystal maker’s latest effort to build on sales momentum in a slowing market: Revenue grew 4.5 percent in the first half. Swarovski plans to keep blending the codes of luxury and value, while spotlighting its message of ‘joyful extravagance’ to a wider audience, CEO Alexis Nasard says.
The Next Chapter of Swarovski’s ‘Pop Luxury’ Turnaround
A campaign fronted by Ariana Grande is the Austrian crystal maker’s latest effort to build on sales momentum in a slowing market: Revenue grew 4.5 percent in the first half. Swarovski plans to keep blending the codes of luxury and value, while spotlighting its message of ‘joyful extravagance’ to a wider audience, CEO Alexis Nasard says.
Diotima’s Rachel Scott, Willy Chavarria Take Home CFDA Fashion Awards
Raul Lopez and Henry Zankov were also among the winners at the Council of Fashion Designers of America’s annual ceremony.
Diotima’s Rachel Scott, Willy Chavarria Take Home CFDA Fashion Awards
Raul Lopez and Henry Zankov were also among the winners at the Council of Fashion Designers of America’s annual ceremony.
US Court Blocks Tapestry’s $8.5 Billion Acquisition of Rival Capri
The FTC argued at an eight-day trial in New York that the merger would eliminate fierce head-to-head competition between the top two US handbag makers.
US Court Blocks Tapestry’s $8.5 Billion Acquisition of Rival Capri
The FTC argued at an eight-day trial in New York that the merger would eliminate fierce head-to-head competition between the top two US handbag makers.
Hermès Continues to Outshine Rivals with Sales up 11.3%
The Birkin bag maker reported a hefty rise in third-quarter sales on Thursday, continuing to outperform rivals hit hard by a sharp slowdown in luxury demand.
Hermès Continues to Outshine Rivals with Sales up 11.3%
The Birkin bag maker reported a hefty rise in third-quarter sales on Thursday, continuing to outperform rivals hit hard by a sharp slowdown in luxury demand.
Kering Pounded by Luxury Slowdown, Warns on Profit
Sales at the French group fell 16 percent in the third quarter as a market-wide downturn hit hard. At flagship brand Gucci, where revenue fell 25 percent, management is exploring store closures while betting on a revamped handbag programme to jump start demand.
Kering Pounded by Luxury Slowdown, Warns on Profit
Sales at the French group fell 16 percent in the third quarter as a market-wide downturn hit hard. At flagship brand Gucci, where revenue fell 25 percent, management is exploring store closures while betting on a revamped handbag programme to jump start demand.
Dior Names Bollywood Star Sonam Kapoor New Ambassador
The tie-up between the French couture giant and the Hindi film star comes as luxury executives eye India’s high growth potential.
Dior Names Bollywood Star Sonam Kapoor New Ambassador
The tie-up between the French couture giant and the Hindi film star comes as luxury executives eye India’s high growth potential.
This Week: How Deep Will Luxury’s Downturn Go?
Following LVMH’s sales miss, Kering, Hermès and Zegna will offer further insights on how plummeting demand from China is playing out across the sector.
This Week: How Deep Will Luxury’s Downturn Go?
Following LVMH’s sales miss, Kering, Hermès and Zegna will offer further insights on how plummeting demand from China is playing out across the sector.
For LVMH, It’s a Battle for Market Share Now. Let the Games Begin
A shrinking market will require a renewed focus on creativity, greater innovation and a mindset shift among luxury leaders, writes Imran Amed.
For LVMH, It’s a Battle for Market Share Now. Let the Games Begin
A shrinking market will require a renewed focus on creativity, greater innovation and a mindset shift among luxury leaders, writes Imran Amed.
Opening Day at Jacquemus’ First US Boutique
The Paris-based independent brand, known for its eye-popping marketing stunts, playful bags and dramatic runway shows, was met with a massive crowd for the ribbon cutting of its first stateside store in New York’s SoHo.
Opening Day at Jacquemus’ First US Boutique
The Paris-based independent brand, known for its eye-popping marketing stunts, playful bags and dramatic runway shows, was met with a massive crowd for the ribbon cutting of its first stateside store in New York’s SoHo.
How Michelle Yeoh Conquered Hollywood — and Fashion | The BoF Podcast
BoF founder and editor-in-chief Imran Amed sits down with Academy Award-winning actress Michelle Yeoh to discuss her winding journey to the big screen and why fashion is finally embracing older women.
How Michelle Yeoh Conquered Hollywood — and Fashion | The BoF Podcast
BoF founder and editor-in-chief Imran Amed sits down with Academy Award-winning actress Michelle Yeoh to discuss her winding journey to the big screen and why fashion is finally embracing older women.
In Paris, Fashion Is Betting on Art Basel’s Big Bang
Miu Miu, Chanel, Louis Vuitton and more have dialled up their activities around a revamped Paris art week. The event provides a window into where global creativity is headed—as well as insight to the tastes and spending habits of the world’s wealthiest culturati, Dan Thawley reports.
In Paris, Fashion Is Betting on Art Basel’s Big Bang
Miu Miu, Chanel, Louis Vuitton and more have dialled up their activities around a revamped Paris art week. The event provides a window into where global creativity is headed—as well as insight to the tastes and spending habits of the world’s wealthiest culturati, Dan Thawley reports.
THE NEWS IN BRIEF
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.
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.
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.
Marco De Vincenzo Exits Etro
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.
Harris Reed Exits Nina Ricci
Reed plans to focus on his own brand after three and a half years as creative director for the Puig-owned label.
Missoni Family Exits Namesake Brand
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.
Rolex Enthusiasts Get Kalshi Contracts to Bet on Watch Prices
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.