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Luxury

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

The Logic Behind Valentino’s Alessandro Michele Appointment

The Rome-based couture house’s bet on Rome’s most bankable design talent could help it punch above its weight.

The Logic Behind Valentino’s Alessandro Michele Appointment

The Rome-based couture house’s bet on Rome’s most bankable design talent could help it punch above its weight.


Exclusive: Emma and Jens Grede, Von Furstenbergs Invest in The Elder Statesman

The duo behind Skims are taking a minority stake in the luxury cashmere label, with an eye on scaling the cult brand.

Exclusive: Emma and Jens Grede, Von Furstenbergs Invest in The Elder Statesman

The duo behind Skims are taking a minority stake in the luxury cashmere label, with an eye on scaling the cult brand.


Fashion Can Go for Eye-Popping Prices at Auction. Who’s Buying It?

After headline pieces — sometimes formerly owned by celebrities or featured on TV — sell for blockbuster prices, they can end up pretty much anywhere, from museums to collectors’ closets.

Fashion Can Go for Eye-Popping Prices at Auction. Who’s Buying It?

After headline pieces — sometimes formerly owned by celebrities or featured on TV — sell for blockbuster prices, they can end up pretty much anywhere, from museums to collectors’ closets.


Marine Serre: From Radical to Pragmatist

Serre, who grew sales by 20 percent in 2023, has been named Pitti Uomo’s next guest designer. She’s using the opportunity to show her men’s collection for the first time.

Marine Serre: From Radical to Pragmatist

Serre, who grew sales by 20 percent in 2023, has been named Pitti Uomo’s next guest designer. She’s using the opportunity to show her men’s collection for the first time.


Who Gets to Buy a Birkin Bag?

Hermès’ elusive sales strategy is at the centre of a new legal challenge for the French luxury giant. BoF breaks down the practices under scrutiny and what the suit could mean for the fashion industry at large.

Who Gets to Buy a Birkin Bag?

Hermès’ elusive sales strategy is at the centre of a new legal challenge for the French luxury giant. BoF breaks down the practices under scrutiny and what the suit could mean for the fashion industry at large.


Gucci’s China Shock Reverberates Across the Luxury Sector

A sharp drop in the label’s Asia-Pacific sales is the latest sign that Chinese luxury demand is cooling.

Gucci’s China Shock Reverberates Across the Luxury Sector

A sharp drop in the label’s Asia-Pacific sales is the latest sign that Chinese luxury demand is cooling.


Can Gucci’s Turnaround Plan Still Work?

This week, Kering flagged sales were down 20 percent at its flagship brand, knocking confidence in the group’s turnaround strategy. ‘A more drastic solution is required,’ one analyst wrote.

Can Gucci’s Turnaround Plan Still Work?

This week, Kering flagged sales were down 20 percent at its flagship brand, knocking confidence in the group’s turnaround strategy. ‘A more drastic solution is required,’ one analyst wrote.


Pierpaolo Piccioli Is Exiting Valentino

A new creative configuration will be announced soon, the Roman couture house said.

Pierpaolo Piccioli Is Exiting Valentino

A new creative configuration will be announced soon, the Roman couture house said.


Claude Montana: Triumph, Tragedy and Cancellation

The late designer had it all and lost it all, but his design genius made him a fashion legend, writes Tim Blanks.

Claude Montana: Triumph, Tragedy and Cancellation

The late designer had it all and lost it all, but his design genius made him a fashion legend, writes Tim Blanks.


Hermès Faces Class Action Suit Over Birkin Sales Practices

The brand is being accused of unlawful ‘tying’ for allegedly requiring shoppers to buy ancillary items from other product categories before they were allowed to purchase the brand’s sought-after Birkin bags.

Hermès Faces Class Action Suit Over Birkin Sales Practices

The brand is being accused of unlawful ‘tying’ for allegedly requiring shoppers to buy ancillary items from other product categories before they were allowed to purchase the brand’s sought-after Birkin bags.


Gucci Sales Down 20% in First Quarter, Kering Forecasts

Kering’s first-quarter revenues will likely decline by 10 percent on a comparable basis, the Paris-based luxury group flagged on Tuesday.

Gucci Sales Down 20% in First Quarter, Kering Forecasts

Kering’s first-quarter revenues will likely decline by 10 percent on a comparable basis, the Paris-based luxury group flagged on Tuesday.


US Luxury Purchases Fell 15 Percent in February, According to Citi Credit Card Data

The lacklustre month follows a 19 percent year-on-year drop in January, the bank’s analysts said. LVMH, Brunello Cucinelli and Ferragamo are among the companies most exposed to a US slowdown.

US Luxury Purchases Fell 15 Percent in February, According to Citi Credit Card Data

The lacklustre month follows a 19 percent year-on-year drop in January, the bank’s analysts said. LVMH, Brunello Cucinelli and Ferragamo are among the companies most exposed to a US slowdown.