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Luxury

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

Prada’s Lorenzo Bertelli to Become Versace Executive Chairman

Prada Group CEO Andrea Guerra, speaking at BoF VOICES 2025, said Bertelli will be ‘much more involved’ in Versace.

Prada’s Lorenzo Bertelli to Become Versace Executive Chairman

Prada Group CEO Andrea Guerra, speaking at BoF VOICES 2025, said Bertelli will be ‘much more involved’ in Versace.


Kering Must Downsize, Reduce Gucci Exposure and Chase Synergies, CEO de Meo Says in Memo

Luca de Meo calls for store closures, recalibrated pricing and a push to grow brands beyond Gucci as the group works to return to sustainable growth.

Kering Must Downsize, Reduce Gucci Exposure and Chase Synergies, CEO de Meo Says in Memo

Luca de Meo calls for store closures, recalibrated pricing and a push to grow brands beyond Gucci as the group works to return to sustainable growth.


Can Langosteria Become a Global Brand?

CEO Enrico Buonocore discusses the high-end seafood restaurant’s expansion strategy as it opens a new flagship in Palazzo Fendi in Milan, ahead of openings in London and Sardinia.

Can Langosteria Become a Global Brand?

CEO Enrico Buonocore discusses the high-end seafood restaurant’s expansion strategy as it opens a new flagship in Palazzo Fendi in Milan, ahead of openings in London and Sardinia.


How Sound System Culture Took Over UK Art and Fashion

Starting in Jamaica in the 1950s, sound system culture has become a feature of artistic spaces.

How Sound System Culture Took Over UK Art and Fashion

Starting in Jamaica in the 1950s, sound system culture has become a feature of artistic spaces.


How Rebecca Vallance Translated Bedazzled Femininity Across Borders

The Australian designer’s elaborate, feminine garments have won over customers across the world, from the Middle East to the United States. The designer credits her willingness to listen when retail partners and customers tell her what they want.

How Rebecca Vallance Translated Bedazzled Femininity Across Borders

The Australian designer’s elaborate, feminine garments have won over customers across the world, from the Middle East to the United States. The designer credits her willingness to listen when retail partners and customers tell her what they want.


Why Chinese Shoppers Are Choosing Local Luxury Over LVMH

Chinese consumers are losing interest in heritage European and US luxury brands, instead favouring homegrown premium labels for their distinctive Eastern aesthetic.

Why Chinese Shoppers Are Choosing Local Luxury Over LVMH

Chinese consumers are losing interest in heritage European and US luxury brands, instead favouring homegrown premium labels for their distinctive Eastern aesthetic.


This Week: Italy Takes on Fast Fashion, Retail Earnings, BoF VOICES 2025

Anti-Shein laws are advancing across Europe while the Italian sweatshop investigation hits a key juncture. Meanwhile, US off-price earnings offer a view on lower-income consumers.

This Week: Italy Takes on Fast Fashion, Retail Earnings, BoF VOICES 2025

Anti-Shein laws are advancing across Europe while the Italian sweatshop investigation hits a key juncture. Meanwhile, US off-price earnings offer a view on lower-income consumers.


Opinion: Can Jewellery Continue to Outpace Fashion?

Jewellery has outperformed handbags in recent cycles, but with an unprecedented wave of new fashion designers set to unleash novel products, jewellery brands are set to face serious competition, writes Andrea Felsted.

Opinion: Can Jewellery Continue to Outpace Fashion?

Jewellery has outperformed handbags in recent cycles, but with an unprecedented wave of new fashion designers set to unleash novel products, jewellery brands are set to face serious competition, writes Andrea Felsted.


Richemont Rides Out Tariffs, Gold Prices with Sales Beat

The Swiss group reported sales up 14 percent in its latest quarter, smashing expectations amid “unprecedented” headwinds including currency movements, rising gold prices and US tariffs.

Richemont Rides Out Tariffs, Gold Prices with Sales Beat

The Swiss group reported sales up 14 percent in its latest quarter, smashing expectations amid “unprecedented” headwinds including currency movements, rising gold prices and US tariffs.


The Plan for McQueen

The label founded by Lee Alexander McQueen is ‘not for sale,’ says owner Kering. Instead, the French group is accelerating plans to restructure and reposition the brand after years of losses.

The Plan for McQueen

The label founded by Lee Alexander McQueen is ‘not for sale,’ says owner Kering. Instead, the French group is accelerating plans to restructure and reposition the brand after years of losses.


Can Richemont Keep Up Its Winning Streak?

The Cartier owner has been luxury’s most dynamic conglomerate in recent years. But tariffs, high gold prices and a softening US market pose challenges. Plus, Burberry’s moment of truth and a preview of Paris Photo.

Can Richemont Keep Up Its Winning Streak?

The Cartier owner has been luxury’s most dynamic conglomerate in recent years. But tariffs, high gold prices and a softening US market pose challenges. Plus, Burberry’s moment of truth and a preview of Paris Photo.


Antonin Tron to Design Balmain

The founder of Atlein will replace Olivier Rousteing, who parted ways with Mayhoola-backed Balmain last week after fourteen years as the house’s creative director.

Antonin Tron to Design Balmain

The founder of Atlein will replace Olivier Rousteing, who parted ways with Mayhoola-backed Balmain last week after fourteen years as the house’s creative director.