More than ever, the fashion industry is geared to generate buzz, but some brands are rethinking their dependence on marketing stunts.
The Swiss luxury group is spinning off Yoox Net-a-Porter in a joint venture with fashion platform Farfetch. What does it mean for Richemont, Farfetch, YNAP and the luxury industry at large? BoF dissects the deal.
Fashion’s most successful designer is finally in touch with his tender side after a career driven by perpetual dissatisfaction. In an exclusive interview, he looks back on his life and addresses the mysteries of his succession plan.
Michael Kors parent Capri Holdings Ltd on Wednesday cut its annual sales forecast as demand for its handbags and shoes weakens in the United States, sending its shares down nearly 9 percent in early trading.
Bally is hiring from within following the departure of former creative director Rhuigi Villaseñor earlier this May.
While some votes remain to be counted, LVMH confirmed that two measures on the Cheval Blanc Beverly Hills project have fallen short by a “narrow margin.” The final results will be certified on June 2.
The LVMH-owned brand opened its new lounge and restaurant at Hamad International Airport in Doha, Qatar.
Italy’s Armani Group said on Thursday its sales jumped 18 percent in the first quarter thanks to a rebound in Asia and more modest growth in the United States, where a slowdown is expected in the coming months.
European luxury goods makers came under pressure for a second day, extending a rout that’s wiped out about $60 billion in market value, in early signs of a turn in sentiment for a sector that’s been “priced for perfection.”
Chanel and Brunello Cucinelli on Tuesday signed a joint agreement to take 24.5 percent stakes in Italian cashmere and wool manufacturer Cariaggi Lanificio. The Cariaggi family will remain in control of 51 percent of shares.
Armani Privé, the Italian designer’s haute couture line, will present its next collection on September 2 at the Venetian Arsenal before hosting a party to “celebrate cinema and to pay tribute to the city that most symbolises it.”