Skip to main content

Luxury

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

Miu Miu Sales Jump 89 Percent, Boosting Prada Group

The group’s flagship Prada brand grew more slowly but remained resilient in the face of a sector-wide slowdown, with retail sales up 7 percent.

Miu Miu Sales Jump 89 Percent, Boosting Prada Group

The group’s flagship Prada brand grew more slowly but remained resilient in the face of a sector-wide slowdown, with retail sales up 7 percent.


Kering Profits to Plummet 40-45% in First Half

The guidance was issued as the French group released first-quarter sales that confirmed forecasts for a slowdown. Weak demand in China and poor performance at flagship Gucci are weighing on the group.

Kering Profits to Plummet 40-45% in First Half

The guidance was issued as the French group released first-quarter sales that confirmed forecasts for a slowdown. Weak demand in China and poor performance at flagship Gucci are weighing on the group.


Op-Ed | Tapestry-Capri and Pricey Purses Are the Wrong Targets for Trustbusters

Consumers face less, not more, choice if handbag brands can't scale up to compete with LVMH, argues Andrea Felsted.

Op-Ed | Tapestry-Capri and Pricey Purses Are the Wrong Targets for Trustbusters

Consumers face less, not more, choice if handbag brands can't scale up to compete with LVMH, argues Andrea Felsted.


Can Kering Turn Things Around?

As the French luxury group attempts to get back on track, investors, former insiders and industry observers say the group needs a far more drastic overhaul than it has planned, reports Bloomberg.

Can Kering Turn Things Around?

As the French luxury group attempts to get back on track, investors, former insiders and industry observers say the group needs a far more drastic overhaul than it has planned, reports Bloomberg.


Can Celine Work Without Hedi Slimane?

After growing the brand’s annual sales to nearly €2.5 billion, the star designer has been locked in a thorny contract negotiation with owner LVMH that could lead to his exit, sources say. BoF breaks down what Slimane brought to Celine and what his departure could mean.

Can Celine Work Without Hedi Slimane?

After growing the brand’s annual sales to nearly €2.5 billion, the star designer has been locked in a thorny contract negotiation with owner LVMH that could lead to his exit, sources say. BoF breaks down what Slimane brought to Celine and what his departure could mean.


Ganni Hires New CEO From Balenciaga

Balenciaga’s deputy CEO Laura du Rusquec will replace Andrea Baldo as the Danish brand aims to elevate its image.

Ganni Hires New CEO From Balenciaga

Balenciaga’s deputy CEO Laura du Rusquec will replace Andrea Baldo as the Danish brand aims to elevate its image.


Kering, Prada and Hermès Fill in the Blanks on Luxury’s Slowdown

This week, more luxury brands will report first-quarter results, offering clues as to how broad and how deep the downturn is going to get.

Kering, Prada and Hermès Fill in the Blanks on Luxury’s Slowdown

This week, more luxury brands will report first-quarter results, offering clues as to how broad and how deep the downturn is going to get.


Fashion Goes Big at Salone, But Design Still Rules

Fashion brands are edging in on the world’s largest gathering of design professionals and their wealthy clients, but design companies still dominate the sector, which is ripe for further consolidation, reports Imran Amed.

Fashion Goes Big at Salone, But Design Still Rules

Fashion brands are edging in on the world’s largest gathering of design professionals and their wealthy clients, but design companies still dominate the sector, which is ripe for further consolidation, reports Imran Amed.


Is the FTC Really Going to Stop Tapestry and Capri From Merging?

Blocking the deal would set a new precedent for fashion M&A in the US and leave Capri Holdings in a precarious position as it attempts to turn around its Michael Kors brand.

Is the FTC Really Going to Stop Tapestry and Capri From Merging?

Blocking the deal would set a new precedent for fashion M&A in the US and leave Capri Holdings in a precarious position as it attempts to turn around its Michael Kors brand.


Armani 'Doesn’t Rule Out' Merger or IPO In Succession Plan

After preserving his fashion empire’s independence for decades, the 89 year-old designer is taking a more open stance to M&A.

Armani 'Doesn’t Rule Out' Merger or IPO In Succession Plan

After preserving his fashion empire’s independence for decades, the 89 year-old designer is taking a more open stance to M&A.


Luxury Bargain Hunters Head to Japan as Weak Yen Brings Big Discounts

The sharp fall in the yen, combined with a number of premium brands not adjusting their prices to reflect the change, has created a rare opportunity to grab luxe goods at a discount.

Luxury Bargain Hunters Head to Japan as Weak Yen Brings Big Discounts

The sharp fall in the yen, combined with a number of premium brands not adjusting their prices to reflect the change, has created a rare opportunity to grab luxe goods at a discount.


Fashion and Design Collide at Salone Del Mobile

Fashion’s presence at Milan Design Week grew even bigger this year. Savvy activations by brands including Hermès, Gucci, Bottega Veneta, Loewe and Prada showed how Salone has become a ‘critical petri dish for dalliances between design and fashion,’ Dan Thawley reports.

Fashion and Design Collide at Salone Del Mobile

Fashion’s presence at Milan Design Week grew even bigger this year. Savvy activations by brands including Hermès, Gucci, Bottega Veneta, Loewe and Prada showed how Salone has become a ‘critical petri dish for dalliances between design and fashion,’ Dan Thawley reports.