When Angela Hwang, a consultant for private equity companies based in Carmel, California, decided she wanted a Hermès Birkin bag, she watched YouTube videos and …
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Luxurys
This Week: Kering, LVMH and Hermès Confront Luxury’s ‘Underconsumption’ Problem
Luxury brands have been sounding the alarm about a global downturn in recent months. With second quarter results due out this week from three of …
The Group Bringing Luxury’s Marketing Playbook to Women’s Sport
Mercury/13 believes it has a winning strategy for women’s football teams: branding them as if they were luxury labels. Formed last year, Mercury/13 is an …
Why Padel Is Luxury’s New Favourite Sport
A decade ago, Wayne Boich played his first-ever game of padel while on a trip to Europe. Like a combination of tennis and squash, the …
The Prada Exception: How the Trend-Setting Group Bucked Luxury’s Uneven Slowdown
Call it the Prada Exception. So far, the luxury slowdown has followed a pattern: Stalwarts of top-end, logo-free fashion like Hermès, Zegna and Brunello Cucinelli …
Kering, Prada and Hermès Fill in the Blanks on Luxury’s Slowdown
LVMH usually kicks off luxury earnings season on a reassuring note. Not so this time. The conglomerate reported its fashion and leather goods business grew …
Hermès Can Surpass Vuitton as Luxury’s Biggest Brand, Citi Says
Hermès has potential to surpass LVMH’s flagship Louis Vuitton in the coming years as the luxury industry’s biggest brand by turnover, according to Citigroup Inc. …
Luxury’s Latest Battleground: Real Estate
Luxury brands are locked in a retail arms race that favours players with the scale to keep up with ever-escalating costs and capital expenditure requirements. …
Will LVMH Signal an End to Luxury’s Slump?
Haute couture shows start in Paris this week. The ultra-expensive, handcrafted looks on display there are among the few luxury items brands can still count …
Will LVMH Signal an End to Luxury’s Slump?
Haute couture shows start in Paris this week. The ultra-expensive, handcrafted looks on display there are among the few luxury items brands can still count …
Luxury’s Rebound Is Proving Elusive as China Gloom Adds to Warnings
Luxury stock investors are facing the risk of more bad news as the likes of Burberry Group Plc and Hugo Boss AG fell short of …
Ermenegildo Zegna Sidesteps Luxury’s US Slowdown
Ermenegildo Zegna Group sales are bucking luxury’s North American slowdown. The company’s US revenue hit €157 million ($173) in the first half of 2023, up 26 …
Luxury’s Race to the Top
LVMH pioneered the concept of a luxury group in the 1980s and is largely credited with having saved the French fashion and leather goods industry …
BoF LIVE | The Lifestyle Era: Luxury’s Opportunity in Home and Hospitality
Please join us on Tuesday, May 2 at 17:00 BST / 12:00 EDT for the latest BoF Masterclass, when BoF Insights’ associate director of research …
Market Analysis: Is This Luxury’s Watershed Moment in India?
Christian Dior will stage a fashion show in Mumbai today, presenting a collection of lavish garments referencing, among other things, traditional Indian silhouettes and embroidery …
Rethinking Luxury’s Distribution Strategy | BoF
The performance of the luxury segment over recent times has been outstanding, with one season after another characterised by soaring demand and impressive bottom-line outcomes. …
Will 2023 Be Luxury’s Year of Succession?
This week, the luxury sector was abuzz with executive shuffles that appeared to open the way for a changing of the guard at some of …
The Debrief | Luxury’s Battle With Counterfeiters
Follow The Debrief wherever you listen to podcasts. A growing number of young consumers are embracing counterfeit Prada loafers and Gucci bags, as the internet …
The Debrief | Is Luxury’s Streetwear Obsession Over?
Follow The Debrief wherever you listen to podcasts. Background: After years of build up, from its origins in cultural movements like New York’s hip-hop scene …
Luxury’s Big Resale Experiment Is Just Getting Started
For the last 18 months, Balenciaga has conducted a quiet resale experiment. Now it’s rolling out the programme more widely, becoming one of the first …