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.
Gucci’s Marketing and Communications Shakeup Continues
Chief brand officer Alessio Vannetti is the latest to leave the Italian mega-label. With sales under pressure, the brand is restructuring its operations under a new CEO.
Gucci’s Marketing and Communications Shakeup Continues
Chief brand officer Alessio Vannetti is the latest to leave the Italian mega-label. With sales under pressure, the brand is restructuring its operations under a new CEO.
LVMH Results Spell Trouble for Luxury Sector
Fashion revenue at the Louis Vuitton, Dior and Loewe owner fell 5 percent in the third quarter, badly missing estimates.
LVMH Results Spell Trouble for Luxury Sector
Fashion revenue at the Louis Vuitton, Dior and Loewe owner fell 5 percent in the third quarter, badly missing estimates.
Alberta Ferretti Names Lorenzo Serafini Creative Director
As part of the move, Italian ready-to-wear group Aeffe will fold its Philosophy line into the Alberta Ferretti brand under Serafini’s leadership.
Alberta Ferretti Names Lorenzo Serafini Creative Director
As part of the move, Italian ready-to-wear group Aeffe will fold its Philosophy line into the Alberta Ferretti brand under Serafini’s leadership.
Altuzarra Nabs Investment From New Venture Fund P180
The 16-year-old womenswear label is partnering with the investment firm to ramp up its direct-to-consumer business.
Altuzarra Nabs Investment From New Venture Fund P180
The 16-year-old womenswear label is partnering with the investment firm to ramp up its direct-to-consumer business.
Inside Luxury’s Slowdown
Economic headwinds, higher prices and a lack of novel design are all weighing on what was previously fashion’s most dynamic segment. LVMH’s quarterly results Tuesday will offer hotly-watched insights on the severity of the slowdown and how long it will last.
Inside Luxury’s Slowdown
Economic headwinds, higher prices and a lack of novel design are all weighing on what was previously fashion’s most dynamic segment. LVMH’s quarterly results Tuesday will offer hotly-watched insights on the severity of the slowdown and how long it will last.
Twisted Creativity Takes Home Top Honours at Hyères
Dolev Elron, a menswear designer for Acne Studios, wowed the fashion jury with his distorted jeans and tank tops. Accessories winners Chiyang Duan and Clara Besnard also twisted bags, belts, and eyewear.
Twisted Creativity Takes Home Top Honours at Hyères
Dolev Elron, a menswear designer for Acne Studios, wowed the fashion jury with his distorted jeans and tank tops. Accessories winners Chiyang Duan and Clara Besnard also twisted bags, belts, and eyewear.
This Week: Has Luxury Hit Bottom?
LVMH kicks off earnings season for the sector on Oct. 14, and will likely offer some guidance on whether the category’s problems represent a cyclical bump in the road, or a structural shift.
This Week: Has Luxury Hit Bottom?
LVMH kicks off earnings season for the sector on Oct. 14, and will likely offer some guidance on whether the category’s problems represent a cyclical bump in the road, or a structural shift.
What I Learned at Fashion Month
Imran Amed shares his key findings from recent fashion weeks in London, Milan and Paris as the industry grapples with a slowdown that has raised questions about the long-term business model of the luxury sector.
What I Learned at Fashion Month
Imran Amed shares his key findings from recent fashion weeks in London, Milan and Paris as the industry grapples with a slowdown that has raised questions about the long-term business model of the luxury sector.
Kim Jones Exits Fendi, Remains at Dior
The British designer is leaving the Roman fur and leather goods house and will ‘concentrate fully’ on his role as menswear artistic director at LVMH stablemate Dior.
Kim Jones Exits Fendi, Remains at Dior
The British designer is leaving the Roman fur and leather goods house and will ‘concentrate fully’ on his role as menswear artistic director at LVMH stablemate Dior.
Why Fashion Is Maxing Out on Minimalism
The Row’s success – including a recent investment from the families behind Chanel and L’Oréal at a unicorn valuation – is the most prestigious example of a rising generation of women-led independent brands that sell minimalist, approachably chic clothes. Some of them have billion-dollar aspirations of their own.
Why Fashion Is Maxing Out on Minimalism
The Row’s success – including a recent investment from the families behind Chanel and L’Oréal at a unicorn valuation – is the most prestigious example of a rising generation of women-led independent brands that sell minimalist, approachably chic clothes. Some of them have billion-dollar aspirations of their own.
Gucci Names Stefano Cantino Its New CEO
The Italian executive, a veteran of Prada and Louis Vuitton, is replacing CEO Jean-François Palus as Kering’s flagship brand struggles to reignite consumer demand.
Gucci Names Stefano Cantino Its New CEO
The Italian executive, a veteran of Prada and Louis Vuitton, is replacing CEO Jean-François Palus as Kering’s flagship brand struggles to reignite consumer demand.
China’s Golden Week Travel Spending Lags Pre-Pandemic Levels
While Chinese people demonstrated a strong desire to travel domestically during the National Day Golden Week holiday period which ended Monday, they were less keen to spend while travelling.
China’s Golden Week Travel Spending Lags Pre-Pandemic Levels
While Chinese people demonstrated a strong desire to travel domestically during the National Day Golden Week holiday period which ended Monday, they were less keen to spend while travelling.
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.