Michael Kors relaunches the Astor handbag
Michael Kors announced on Tuesday the relaunch of its iconic heritage handbag: the Astor. Michael Kors relaunches the Astor Handbag. – Michael Kors The Astor was first introduced in 2004…
UK debut for Australian slow fashion label MNK Atelier
Australia’s MNK Atelier — a brand new slow fashion brand — is set to debut on 22 March with a launch in its domestic market and internationally — but with…
Designer Brands clocks fourth-quarter sales dip, but annual sales still up
Designer Brands announced on Thursday net sales for the year 2022 increased 3.7% to $3.3 billion, with comparable sales up 4.4%, withstanding a single-digit decline in the fourth quarter ended January 28. Hush…
L’Oreal, Permira Among Firms Competing for Aesop Stake
L’Oreal SA and Permira are among suitors competing for a stake in high-end cosmetics brand Aesop, people with knowledge of the matter said.
LUXURY Giorgio Armani: Lion in Winter succession plan
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.
Brands wholesaler Is Reshaping Online Luxury handbags watches high heels shoes
LUXURY The Pivot to E-Concessions Is Reshaping Online Luxury As top luxury brands pull back from wholesale, e-tailers are adding online concession to their business models rather than losing access to Gucci loafers and Balenciaga hoodies.
Gucci Wanted a Change — Gucci’s move Alessandro Michele
The market is still digesting Gucci’s move to part ways with Alessandro Michele. A slowdown at Kering’s flagship brand was complicating the company’s wider ambitions, but change comes with risk as well as potential reward.
Inside the $7 Billion Christian Dior Phenomenon Case
How did a 75-year-old brand Christian Dior triple its revenues in just four years? By overhauling its commercial offer, racing into e-commerce and investing in spectacular flagships, Christian Dior Couture has radically accelerated its business, transforming itself into “a homegrown Chanel challenger within LVMH.”
2022 and New Year 2023 for luxury brand suppliers and wholesale retailers
luxury’s post-Covid rebound accelerated. Explore in-depth features and analysis about how brands and retailers are cultivating loyalty from top-spending clients, balancing runway dreams with smart pricing, and evolving their business models in the face of fierce competition.
How Brands and Retailers Are Shaping the Resale Experience
Discover how fashion companies are effectively entering or elevating their presence in the fashion resale space, with key insights from branded recommerce solutions company Trove’s inaugural report, ‘Brand Resale Index 2023,’ and BoF’s own content.
London Fears Losing Luxury brands products to Paris and Milan
With the UK no longer offering tax breaks to international shoppers, customers are instead flocking to Paris and Milan.
Japan, South Korea move forward on trade issue before summit
ADVERTISEMENT Japan and South Korea agreed on steps toward resolving a trade dispute that has been one of the strains the nations’ leaders aimed to resolve at a highly anticipated…
Credit Suisse to borrow $54 billion from Swiss central bank
ADVERTISEMENT Swiss bank Credit Suisse said Thursday it will move to shore up its finances, borrowing up to $54 billion from the central bank after its shares plunged, dragging down…
Scientists: Largest US reservoirs moving in right direction
ADVERTISEMENT Parts of California are under water, the Rocky Mountains are bracing for more snow, flood warnings are in place in Nevada, and water is being released from some Arizona…
With Saudi deals, US, China battle for influence in Mideast
1 of 2 In this photo released by Nournews, Secretary of Iran's Supreme National Security Council, Ali Shamkhani, right, China's most senior diplomat Wang Yi, center, and Saudi Arabia's National…
Chinese businessman arrested in $1 billion fraud conspiracy
1 of 5 A Twitter page of Chinese exiled businessman Guo Wengui is seen on a computer screen in Beijing, Aug. 30, 2017. The self-exiled Chinese businessman long sought by…
North Korea launches ICBM before South Korea-Japan summit
A TV screen shows a file image of North Korea's missile launch during a news program at the Seoul Railway Station in Seoul, South Korea, Thursday, March 16, 2023. North…
Honduras ditching Taiwan raises larger geopolitical concerns
Free Party presidential candidate Xiomara Castro acknowledges her supporters after general elections, in Tegucigalpa, Honduras, Nov. 28, 2021. Castro announced on Tuesday, March 14, 2023, that Honduras under her administration…
NY bank’s demise: Contagion or a problem with the business?
1 of 2 Customers do business at a branch of Signature Bank in New York, Monday, March 13, 2023. President Joe Biden is telling Americans that the nation's financial systems…
What can ChatGPT maker’s new AI model GPT-4 do?
Text from the ChatGPT page of the OpenAI website is shown in this photo, in New York, Feb. 2, 2023. The company behind the ChatGPT chatbot has on Wednesday, March…