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Luxury

How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.

Exclusive: Inside De Beers’ About-Face on Lab-Grown Diamonds

This week, the gemstone giant said it would exit the fast-growing lab-grown diamond sector to focus on marketing the “unique attributes” of natural stones. Stakes are high after sales plummeted in 2023, and as owner Anglo-American explores a sale or spin-off.

Exclusive: Inside De Beers’ About-Face on Lab-Grown Diamonds

This week, the gemstone giant said it would exit the fast-growing lab-grown diamond sector to focus on marketing the “unique attributes” of natural stones. Stakes are high after sales plummeted in 2023, and as owner Anglo-American explores a sale or spin-off.


Op-Ed | Is Golden Goose Worth $3 Billion?

As it prepares to go public, the company is wooing investors as a luxury brand, but it looks more like Dr Martens, in that it’s reliant on a signature shoe style that risks falling out of fashion, argues Andrea Felsted.

Op-Ed | Is Golden Goose Worth $3 Billion?

As it prepares to go public, the company is wooing investors as a luxury brand, but it looks more like Dr Martens, in that it’s reliant on a signature shoe style that risks falling out of fashion, argues Andrea Felsted.


Golden Goose Aims to Raise €100 Million in IPO

Proceeds from an initial public offering in Milan will be used to pay down debt and fund expansion, CEO Silvio Campara said. Permira will also reduce its stake in the Italian maker of pre-distressed sneakers as part of the transaction.

Golden Goose Aims to Raise €100 Million in IPO

Proceeds from an initial public offering in Milan will be used to pay down debt and fund expansion, CEO Silvio Campara said. Permira will also reduce its stake in the Italian maker of pre-distressed sneakers as part of the transaction.


Calvin Klein Returns to the Runway

Quira founder Veronica Leoni has been named creative director of the PVH-owned brand’s “Collection” line, which was shuttered in 2018.

Calvin Klein Returns to the Runway

Quira founder Veronica Leoni has been named creative director of the PVH-owned brand’s “Collection” line, which was shuttered in 2018.


Will Dover Street Market’s Big Bet on Independent Fashion Pay Off?

The Comme des Garçons-owned retailer’s new Paris location is taking a radical — and risky — gamble on indie labels over big brand concessions at a challenging moment for the fashion market. ‘The hunger for sure is out there — I feel it,’ said CEO Adrian Joffe.

Will Dover Street Market’s Big Bet on Independent Fashion Pay Off?

The Comme des Garçons-owned retailer’s new Paris location is taking a radical — and risky — gamble on indie labels over big brand concessions at a challenging moment for the fashion market. ‘The hunger for sure is out there — I feel it,’ said CEO Adrian Joffe.


LVMH’s Fendi Names New CEO Amid Management Reshuffle

LVMH Fashion Group’s managing director Pierre-Emmanuel Angeloglou will add CEO of the Roman brand to his responsibilities, according to an internal announcement.

LVMH’s Fendi Names New CEO Amid Management Reshuffle

LVMH Fashion Group’s managing director Pierre-Emmanuel Angeloglou will add CEO of the Roman brand to his responsibilities, according to an internal announcement.


The Existential Threat to Independent Brands

This week, The Vampire’s Wife announced its closure and Dion Lee called in administrators, only days after Mara Hoffman said it was shutting down and Roksanda narrowly escaped administration. Many more may follow.

The Existential Threat to Independent Brands

This week, The Vampire’s Wife announced its closure and Dion Lee called in administrators, only days after Mara Hoffman said it was shutting down and Roksanda narrowly escaped administration. Many more may follow.


How Emerging Travel Trends Are Informing July’s Expansion Strategy

As global travel flows return to pre-pandemic levels, luggage brand July is evolving its offering, placing the needs of new consumers at the centre of its strategy. BoF speaks to co-founder and director Athan Didaskalou to learn more.

How Emerging Travel Trends Are Informing July’s Expansion Strategy

As global travel flows return to pre-pandemic levels, luggage brand July is evolving its offering, placing the needs of new consumers at the centre of its strategy. BoF speaks to co-founder and director Athan Didaskalou to learn more.


How Chopard Seizes the Red Carpet Spotlight in Cannes

The Swiss brand out-sparkles rivals with a strategy aimed at driving sales as well as image. This year the company dressed Greta Gerwig, Demi Moore and Bella Hadid as well as hosting clients to view (and purchase) its high jewellery range.

How Chopard Seizes the Red Carpet Spotlight in Cannes

The Swiss brand out-sparkles rivals with a strategy aimed at driving sales as well as image. This year the company dressed Greta Gerwig, Demi Moore and Bella Hadid as well as hosting clients to view (and purchase) its high jewellery range.


Chanel Defies Luxury Slowdown as Annual Sales Surge to $20 Billion

The French couture house reported revenues up 16 percent in 2023 and plans to increase capital expenditure by as much as 50 percent in 2024.

Chanel Defies Luxury Slowdown as Annual Sales Surge to $20 Billion

The French couture house reported revenues up 16 percent in 2023 and plans to increase capital expenditure by as much as 50 percent in 2024.


The Vampire’s Wife to Shutter Citing Wholesale ‘Upheaval’

Susie Cave’s cult purveyor of gothic glamour is set to cease trading this week amid a turbulent market for small designer brands.

The Vampire’s Wife to Shutter Citing Wholesale ‘Upheaval’

Susie Cave’s cult purveyor of gothic glamour is set to cease trading this week amid a turbulent market for small designer brands.


Luxury Retailers Hope For Boost in London, Milan as Shoppers Avoid Paris Olympics

‘Paris will probably be slow,’ said Cartier CEO Cyril Vigneron.

Luxury Retailers Hope For Boost in London, Milan as Shoppers Avoid Paris Olympics

‘Paris will probably be slow,’ said Cartier CEO Cyril Vigneron.