The high-end Italian sneaker brand’s sale to HSG for over €2.5 billion marks a successful exit for private-equity owner Permira, particularly at a moment of depressed demand for luxury goods, writes Andrea Felsted.
The high-end Italian sneaker brand’s sale to HSG for over €2.5 billion marks a successful exit for private-equity owner Permira, particularly at a moment of depressed demand for luxury goods, writes Andrea Felsted.
A wave of creative overhauls swept through the industry including Chanel, Dior and Gucci as brands scrambled to reignite the interest of inflation-weary shoppers. The renewal brought excitement, but will it help fashion pull out of its slump?
A wave of creative overhauls swept through the industry including Chanel, Dior and Gucci as brands scrambled to reignite the interest of inflation-weary shoppers. The renewal brought excitement, but will it help fashion pull out of its slump?
Exclusive labels are lavishing top-spending clients with special events as luxury’s customer base shrinks.
Exclusive labels are lavishing top-spending clients with special events as luxury’s customer base shrinks.
In Paris, twin exhibitions reveal how two radically different working methods converged around craft, discipline and silhouette, writes Laurence Benaïm.
In Paris, twin exhibitions reveal how two radically different working methods converged around craft, discipline and silhouette, writes Laurence Benaïm.
Creative director Mario Arena will show his second collection for the brand in February, as the womenswear label seeks to expand after a period of retrenchment.
Creative director Mario Arena will show his second collection for the brand in February, as the womenswear label seeks to expand after a period of retrenchment.
The luxury fashion market appears poised to turn a corner, but questions linger as Chanel, Dior, Gucci, Balenciaga and others prepare to bring their new creative visions to market.
The luxury fashion market appears poised to turn a corner, but questions linger as Chanel, Dior, Gucci, Balenciaga and others prepare to bring their new creative visions to market.
With a growing base of customers desiring lasting value and willing to treat themselves, jewellery is set to see its bright moment continue, says the BoF-McKinsey State of Fashion 2026.
With a growing base of customers desiring lasting value and willing to treat themselves, jewellery is set to see its bright moment continue, says the BoF-McKinsey State of Fashion 2026.
Art Basel Miami Beach is the biggest art fair in the US and has emerged as a year-end, pre-holiday retreat for corporate leaders of all stripes.
Art Basel Miami Beach is the biggest art fair in the US and has emerged as a year-end, pre-holiday retreat for corporate leaders of all stripes.
Buccellati joins the rush of top jewellery houses flocking to Shanghai with elaborate displays of heritage as it competes with rising local brands, with CEO Nicolas Luchsinger touting family involvement as ‘a big asset.’
Buccellati joins the rush of top jewellery houses flocking to Shanghai with elaborate displays of heritage as it competes with rising local brands, with CEO Nicolas Luchsinger touting family involvement as ‘a big asset.’
Gehry, one of the first architects to embrace the potential of digital design, created the ethereal Fondation Louis Vuitton in Paris as well as the world-famous Guggenheim in Bilbao.
Gehry, one of the first architects to embrace the potential of digital design, created the ethereal Fondation Louis Vuitton in Paris as well as the world-famous Guggenheim in Bilbao.
Vitale may not be the right fit for Prada’s Versace strategy but a healthy fashion system depends on creative renewal powered by young talent, writes Imran Amed.
Vitale may not be the right fit for Prada’s Versace strategy but a healthy fashion system depends on creative renewal powered by young talent, writes Imran Amed.
Imran Amed, founder and CEO of The Business of Fashion, and Luca Solca, senior analyst of global luxury goods at Bernstein, speak to System Magazine’s Jonathan Wingfield to examine where the luxury sector goes next — from rebuilding pricing architecture to aligning brand DNA with the zeitgeist and restoring clear value for customers.
Imran Amed, founder and CEO of The Business of Fashion, and Luca Solca, senior analyst of global luxury goods at Bernstein, speak to System Magazine’s Jonathan Wingfield to examine where the luxury sector goes next — from rebuilding pricing architecture to aligning brand DNA with the zeitgeist and restoring clear value for customers.
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.
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
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.
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.
Reed plans to focus on his own brand after three and a half years as creative director for the Puig-owned label.
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.
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.
Following a last-minute withdrawal from the couture calendar in January, the label, which is majority-owned by Pinault family investment fund Artémis, cancelled a runway outing scheduled for March 6.