Hermès ‘Game’ Leaves a Bad Taste
In this week’s High Margin luxury newsletter: A softening resale market for Birkin and Kelly bags poses questions for luxury powerhouse Hermès. Plus, a run on Chanel’s stores during Paris Fashion Week.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
Highlights
How Dior and Chanel Are Tackling Fashion’s Pricing Problem
France’s biggest couture giants are bulking up their assortments of handbags and small accessories at the lower end of their offer as they seek to reengage customers after years of some of the industry’s punchiest price hikes.
What European Luxury Can Learn From American Fashion
American brands have recaptured the zeitgeist — and market share — as Europe’s luxury slump persists. As the sector’s biggest names plot a comeback, there may be lessons to take from across the pond.
Case Studies & Reports
Latest News & Analysis
Building Connection Through Luxury’s Sensory Evolution
Luxury fragrance house Amouage, together with The Business of Fashion, convened leading creatives for an evening of open dialogue on the evolution of the luxury industry — from visual symbol to deeper emotional connection.
Building Connection Through Luxury’s Sensory Evolution
Luxury fragrance house Amouage, together with The Business of Fashion, convened leading creatives for an evening of open dialogue on the evolution of the luxury industry — from visual symbol to deeper emotional connection.
This Week in Luxury: Chanel, Miu Miu, Métier
Robert Williams breaks down Matthieu Blazy’s Chanel cruise success, Miu Miu’s stalling growth and Métier’s next chapter.
This Week in Luxury: Chanel, Miu Miu, Métier
Robert Williams breaks down Matthieu Blazy’s Chanel cruise success, Miu Miu’s stalling growth and Métier’s next chapter.
Prada Posts Modest Q1 Growth as Miu Miu Cools
Revenue advanced 3% as broader sector softness and geopolitical pressures weighed on performance.
Prada Posts Modest Q1 Growth as Miu Miu Cools
Revenue advanced 3% as broader sector softness and geopolitical pressures weighed on performance.
Gen Z Can’t Get Enough of Teensy ‘Grandma Watches’
Driven by the secondary market and a new generation of female collectors, heritage brands are pivoting to sub-34mm designs to capture a market that values personal style over traditional horological bulk.
Gen Z Can’t Get Enough of Teensy ‘Grandma Watches’
Driven by the secondary market and a new generation of female collectors, heritage brands are pivoting to sub-34mm designs to capture a market that values personal style over traditional horological bulk.
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Is Ferragamo’s Turnaround Finally on Track?
After more than 10 years of turnaround efforts, recent results and conversations with management suggest Salvatore Ferragamo is moving in the right direction, write Luca Solca and Maria Meita.
Is Ferragamo’s Turnaround Finally on Track?
After more than 10 years of turnaround efforts, recent results and conversations with management suggest Salvatore Ferragamo is moving in the right direction, write Luca Solca and Maria Meita.
Will Prada’s Winning Streak Continue?
One day before ‘The Devil Wears Prada 2′ premieres to the masses, Prada Group itself will report earnings.
Will Prada’s Winning Streak Continue?
One day before ‘The Devil Wears Prada 2′ premieres to the masses, Prada Group itself will report earnings.
LVMH at a Crossroads
Bernard Arnault reaffirmed his confidence in LVMH even as stagnant sales, a tumbling share price and questions over succession have dented its image. Can the world’s largest luxury group reclaim the narrative?
LVMH at a Crossroads
Bernard Arnault reaffirmed his confidence in LVMH even as stagnant sales, a tumbling share price and questions over succession have dented its image. Can the world’s largest luxury group reclaim the narrative?
What Watch CEOs Said in Geneva
In his latest briefing, watch industry expert Robin Swithinbank reports back from the Watches and Wonders fair. Plus, dissecting the latest Swiss watch export figures.
What Watch CEOs Said in Geneva
In his latest briefing, watch industry expert Robin Swithinbank reports back from the Watches and Wonders fair. Plus, dissecting the latest Swiss watch export figures.
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What Watch CEOs Said in Geneva
In his latest briefing, watch industry expert Robin Swithinbank reports back from the Watches and Wonders fair. Plus, dissecting the latest Swiss watch export figures.
What Watch CEOs Said in Geneva
In his latest briefing, watch industry expert Robin Swithinbank reports back from the Watches and Wonders fair. Plus, dissecting the latest Swiss watch export figures.
The Debrief | Why Luxury Still Can’t Find Its Way Out of the Slump
BoF luxury editors Mimosa Spencer and Robert Williams unpack why weak first-quarter results from LVMH, Kering and Hermès have deepened concerns about luxury’s slowdown – and why creative resets alone are not enough to restore growth.
The Debrief | Why Luxury Still Can’t Find Its Way Out of the Slump
BoF luxury editors Mimosa Spencer and Robert Williams unpack why weak first-quarter results from LVMH, Kering and Hermès have deepened concerns about luxury’s slowdown – and why creative resets alone are not enough to restore growth.
Timothée Chalamet Invests in Historic Danish Watchmaker Urban Jürgensen
The actor will work as creative advisor to the family-owned brand while taking a minority investment, marking his first partnership role in a company.
Timothée Chalamet Invests in Historic Danish Watchmaker Urban Jürgensen
The actor will work as creative advisor to the family-owned brand while taking a minority investment, marking his first partnership role in a company.
BoF and Marriott Luxury Group Host the Luxury Leaders Salon
Executives from Burberry, Etro, 10 Corso Como and Stone Island joined founders and creative leaders at an intimate Luxury Leaders Salon at The Lake Como Edition hotel, in Northern Italy.
BoF and Marriott Luxury Group Host the Luxury Leaders Salon
Executives from Burberry, Etro, 10 Corso Como and Stone Island joined founders and creative leaders at an intimate Luxury Leaders Salon at The Lake Como Edition hotel, in Northern Italy.
THE NEWS IN BRIEF
Zegna Revenues Rise 7.4%
The Italian luxury group’s first-quarter performance surpassed market expectations powered by solid growth in direct-to-consumer sales in the US.
LVMH Watch Boss Sees Jean Arnault as Best Candidate for His Role
Jean-Christophe Babin, the head of LVMH’s watch division, said he’s ready for a phased retirement.
Armani 2025 Sales Dip as Group Flags Market Shifts
The Italian group reported a 2.8% drop in revenue in its first full-year results since the death of founder Giorgio Armani.
Fondazione Sozzani Launches Award for Emerging Creative Talent
The annual Sozzani Award will recognise budding creatives across photography, fashion and artisan craft. The winner of the inaugural edition will be announced during Milan Fashion Week in September.
Brunello Cucinelli Tightens Controls on Sanctions Compliance After Allegations
The Italian cashmere maker said its board adopted a ‘strengthened trade compliance procedure’ in December, after commissioning a risk assessment and gap analysis by an external law firm.
Saks Settles Fight With Simon Property, Cuts Deal With Creditors
The company also won court approval for a financing package to raise as much as $500 million from investors.
LVMH’s Bernard Arnault Says Return to Growth Depends on Resolving Middle East Crisis
Luxury’s mid and long-term prospects remain intact, but short-term recovery hinges on outcome of conflict in the Middle East, LVMH’s chairman said at the company’s annual meeting.
EssilorLuxottica Posts 11% Sales Jump, Extends AI Glasses Boost
First-quarter revenue reached $8.36 billion, roughly in line with analysts’ estimates.