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.
Eric Sylvers
Eric Sylvers is Milan Correspondent at The Business of Fashion. He is based in Milan and leads BoF’s coverage of all things Italian, from luxury companies to design studios and the future of the “Made in Italy” brand. He worked previously for The Wall Street Journal, The New York Times and the Financial Times. He has a master’s in international relations and economics from the Johns Hopkins School of Advanced International Studies and graduated from the University of California, Los Angeles.
Luxury
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.
Luxury
The New Rules for Negotiating With Multibrand Retailers
Partnerships with multibrand players remain vital to fashion brands of all sizes, but the rules of engagement have changed as the sector has come under immense strain. BoF breaks down what brands need to know to reduce risk while building lasting relationships.
The New Rules for Negotiating With Multibrand Retailers
Partnerships with multibrand players remain vital to fashion brands of all sizes, but the rules of engagement have changed as the sector has come under immense strain. BoF breaks down what brands need to know to reduce risk while building lasting relationships.
Luxury
The Luxury Rebound Gets a Reality Check
A set of underwhelming first-quarter revenues from French luxury groups LVMH, Kering and Hermès is challenging hopes for a sector recovery this year.
The Luxury Rebound Gets a Reality Check
A set of underwhelming first-quarter revenues from French luxury groups LVMH, Kering and Hermès is challenging hopes for a sector recovery this year.
Luxury
Can Dolce & Gabbana Stay Independent?
The very strategy the Italian luxury house used to maintain its fiercely guarded independence — funding expansion through debt instead of selling equity — is putting pressure on the company as it attempts to navigate a punishing sector-wide slowdown.
Can Dolce & Gabbana Stay Independent?
The very strategy the Italian luxury house used to maintain its fiercely guarded independence — funding expansion through debt instead of selling equity — is putting pressure on the company as it attempts to navigate a punishing sector-wide slowdown.
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Marketing
Why Some AI Ads Flourish and Others Fail
The mixed response to luxury’s experiments with AI imagery is linked to a deeper question: Is the new technology expanding creative possibilities or undermining the sector’s promise of human artistry?
Why Some AI Ads Flourish and Others Fail
The mixed response to luxury’s experiments with AI imagery is linked to a deeper question: Is the new technology expanding creative possibilities or undermining the sector’s promise of human artistry?
Luxury
What Comes After the Golden Age of Travel Retail
While passenger numbers have recovered to pre-pandemic levels, sales in duty-free hubs like airports are sluggish. The reality is pushing many brands to rethink their presence: those that want to chase volume have to innovate the offering, or adapt their stores to function more as billboards.
What Comes After the Golden Age of Travel Retail
While passenger numbers have recovered to pre-pandemic levels, sales in duty-free hubs like airports are sluggish. The reality is pushing many brands to rethink their presence: those that want to chase volume have to innovate the offering, or adapt their stores to function more as billboards.
Luxury
Brunello Cucinelli Q1 Revenue Rises 14%, Lifted By Robust Performance in the US
The high end cashmere specialist offered an early signal on the resilience of the luxury sector following the outbreak of the Middle East war.
Brunello Cucinelli Q1 Revenue Rises 14%, Lifted By Robust Performance in the US
The high end cashmere specialist offered an early signal on the resilience of the luxury sector following the outbreak of the Middle East war.
Luxury
Kering Shake-Up Reaches Jeweller DoDo as CEO Exits
DoDo chief Teejana Beenessreesingh has left the company after less than a year in the role, Kering confirmed to BoF as the French group sharpens its focus on its jewellery brands.
Kering Shake-Up Reaches Jeweller DoDo as CEO Exits
DoDo chief Teejana Beenessreesingh has left the company after less than a year in the role, Kering confirmed to BoF as the French group sharpens its focus on its jewellery brands.
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Luxury
Is the Luxury Comeback Still on Track?
War in the Middle East is weighing on prospects for the sector’s rebound, but analysts are sticking to their growth forecasts — for now.
Is the Luxury Comeback Still on Track?
War in the Middle East is weighing on prospects for the sector’s rebound, but analysts are sticking to their growth forecasts — for now.
Retail
Executive Memo | Navigating the Unravelling of Multibrand Retail
Wholesale remains essential for the luxury industry, but the rules of engagement have changed. Brands need to know how to minimise the risks and maximise the rewards in their relationships with multibrand players.
Executive Memo | Navigating the Unravelling of Multibrand Retail
Wholesale remains essential for the luxury industry, but the rules of engagement have changed. Brands need to know how to minimise the risks and maximise the rewards in their relationships with multibrand players.
Retail
Zara Taps John Galliano to Design Seasonal Collections
The star designer will ‘re-author’ items from Zara’s archives in a series of collections from September, reinforcing the Spanish retailer’s push upmarket.
Zara Taps John Galliano to Design Seasonal Collections
The star designer will ‘re-author’ items from Zara’s archives in a series of collections from September, reinforcing the Spanish retailer’s push upmarket.
Luxury
Missoni’s Plans Under New Ownership
The Italian knitwear house joins a growing list of heritage brands sold to outside investors. Chief executive Livio Proli discusses the strategy behind Missoni’s next phase.
Missoni’s Plans Under New Ownership
The Italian knitwear house joins a growing list of heritage brands sold to outside investors. Chief executive Livio Proli discusses the strategy behind Missoni’s next phase.
The News in Brief
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.
Missoni Family Exits Namesake Brand
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.
OTB Sales, Profit Slide as China and Europe Drag
The owner of Diesel, Jil Sander and Maison Margiela says sales fell 4.8 percent in 2025, likely ‘one of the most challenging years’ for the fashion industry.
Lanvin Group Sells High-End Italian Menswear Manufacturer Caruso
The Chinese-owned luxury group is focusing on its consumer-facing brands.
Prada Cuts Ties With Over 200 Suppliers After Labour Abuse Audit
Since the audit began in 2020, the Milanese fashion group found that more than a quarter of suppliers and subcontractors inspected had broken compliance rules.
Cucinelli Q4 Revenue Rises 12%, Lifted by the Americas and Asia
The Italian group, the first in the luxury sector to report, confirmed its outlook for a revenue gain of 10 percent this year, but was more cautious for 2027 and 2028.
Raf Simons Brand to Sell Archive at Dover Street Market Ginza
The sale in Tokyo comes three years after the Belgian designer shut down his label.