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.
luxury / Apparel
Luxury
Opinion: The Epidemic of Nice Clothes
A deluge of inoffensive fashion is what happens when there is nothing left to copy, writes Eugene Rabkin.
Opinion: The Epidemic of Nice Clothes
A deluge of inoffensive fashion is what happens when there is nothing left to copy, writes Eugene Rabkin.
Luxury
Paul Costelloe, Personal Designer to Princess Diana, Dies at 80
Costelloe’s family confirmed his passing in a statement on Saturday.
Paul Costelloe, Personal Designer to Princess Diana, Dies at 80
Costelloe’s family confirmed his passing in a statement on Saturday.
Luxury
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.
Luxury
Is China’s Luxury Market Ready to Rebound?
The short answer is yes — but it won’t soon return to its pre-pandemic growth rates. After two years of turbulence, the market remains shaky, and brands will need to earn every sale.
Is China’s Luxury Market Ready to Rebound?
The short answer is yes — but it won’t soon return to its pre-pandemic growth rates. After two years of turbulence, the market remains shaky, and brands will need to earn every sale.
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Luxury
The Great Fashion Reset | How to Fix Luxury’s Trust Issues
A series of scandals linking brands including Dior, Armani, Valentino and Loro Piana to sweatshops in Italy have helped fuel doubts about what customers are paying for and whether they can trust luxury brands anymore.
The Great Fashion Reset | How to Fix Luxury’s Trust Issues
A series of scandals linking brands including Dior, Armani, Valentino and Loro Piana to sweatshops in Italy have helped fuel doubts about what customers are paying for and whether they can trust luxury brands anymore.
Luxury
Social Media Created Dupe Culture. Can It Also Reverse the Damage?
Marcelo Gaia, the owner and creative director of New York-based brand Mirror Palais, frequently publishes candid, casual videos to call out fast-fashion imitations.
Social Media Created Dupe Culture. Can It Also Reverse the Damage?
Marcelo Gaia, the owner and creative director of New York-based brand Mirror Palais, frequently publishes candid, casual videos to call out fast-fashion imitations.
Luxury
Why Lace and Crochet Are Everywhere Right Now
Brands from Magda Butrym to Chloé are appealing to shoppers with delicate handwork that’s nostalgic and romantic, providing a contrast to fast fashion and the minimalism of quiet luxury.
Why Lace and Crochet Are Everywhere Right Now
Brands from Magda Butrym to Chloé are appealing to shoppers with delicate handwork that’s nostalgic and romantic, providing a contrast to fast fashion and the minimalism of quiet luxury.
Luxury
Sies Marjan Designer Sander Lak to Launch Menswear Label
Lak will debut his new venture during Paris men’s fashion week in June, presenting his first collection since the shuttering of the buzzy Sies Marjan in 2020.
Sies Marjan Designer Sander Lak to Launch Menswear Label
Lak will debut his new venture during Paris men’s fashion week in June, presenting his first collection since the shuttering of the buzzy Sies Marjan in 2020.
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Luxury
Inside The Great Luxury Reset | The BoF Podcast
Imran Amed, founder and CEO of The Business of Fashion, and Luca Solca, managing director of luxury goods at Bernestein, speak to System Magazine’s Jonathan Wingfield about how luxury fashion is navigating economic headwinds, shifting consumer values and the urgent need for creative renewal.
Inside The Great Luxury Reset | The BoF Podcast
Imran Amed, founder and CEO of The Business of Fashion, and Luca Solca, managing director of luxury goods at Bernestein, speak to System Magazine’s Jonathan Wingfield about how luxury fashion is navigating economic headwinds, shifting consumer values and the urgent need for creative renewal.
Luxury
Trump Tariffs Hit European Luxury, Shares Tank
LVMH and Hermès stock fell about 3 percent and 4 percent respectively, in line with sector peers including Kering, Prada and Burberry, after the US president announced a 50 percent duty on imports from the European Union.
Trump Tariffs Hit European Luxury, Shares Tank
LVMH and Hermès stock fell about 3 percent and 4 percent respectively, in line with sector peers including Kering, Prada and Burberry, after the US president announced a 50 percent duty on imports from the European Union.
Luxury
Chanel Pulls Back on Price Hikes as Sales Fall 4%
The French couture and beauty giant is easing off punchy price increases and investing in new markets including India, Mexico and Canada, CEO Leena Nair and CFO Philippe Blondiaux told BoF, as sales slid for the first time since 2020.
Chanel Pulls Back on Price Hikes as Sales Fall 4%
The French couture and beauty giant is easing off punchy price increases and investing in new markets including India, Mexico and Canada, CEO Leena Nair and CFO Philippe Blondiaux told BoF, as sales slid for the first time since 2020.
Luxury
Burberry’s Reset Begins to Click
The British luxury giant is cutting jobs after full-year profit swung to a loss and quarterly sales fell 6 percent. But shares soared as investors endorsed its latest turnaround attempt under new management.
Burberry’s Reset Begins to Click
The British luxury giant is cutting jobs after full-year profit swung to a loss and quarterly sales fell 6 percent. But shares soared as investors endorsed its latest turnaround attempt under new management.
The News in Brief
Indian E-Commerce Firm Meesho’s Quarterly Loss Spikes as It Ramps Up Marketing
Meesho has carved out a niche for itself by offering low-priced products without charging sellers a commission.
Swatch Gives Upbeat Growth Outlook After Second-Half Rebound
The owner of Omega and Longines said positive sales momentum that accelerated over the fourth quarter continued in January across all price ranges, with CEO Nick Hayek flagging a pickup in China.
Church & Dwight Exceeds Outlook On Stronger Sales
The personal care giant cited Hero acne products and the 2025-acquisition of Touchland hand sanitiser as growth drivers.
Astra Signs Obesity Drug Deal in China Worth Up to $18.5 Billion
AstraZeneca agreed to pay Chinese company CSPC Pharmaceutical Group Ltd. as much as $18.5 billion for its obesity drug candidates, as the UK drugmaker tries to push into the growing weight-loss market.
Givaudan Sales Slowdown Sends Fragrance Maker’s Shares Falling
The Swiss firm missed expectations for yearly organic sales growth on Thursday, as weaker performance of its flavours business outweighed resilient growth in fine fragrances.
Winter Games in Italy Attract Luxury Brands Seeking Global Stage
Luxury fashion brands are seeking to capitalise on the Milano Cortina Winter Olympics, opening boutiques, sponsoring teams and launching collections.
Saks Will Close Most Off 5th Stores With Big Clearance Sales
The bankrupt department store operator will focus instead on its luxury offerings at Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman chains.