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Luxury

Is This an Inflection Point for Luxury Fashion?

As the fashion industry takes a breather in August, luxury brands grapple with creative leadership gaps, plummeting profits, and evolving consumer priorities, raising questions about whether current struggles signal a permanent shift in the market landscape, writes Imran Amed.

Luxury

Is This an Inflection Point for Luxury Fashion?

As the fashion industry takes a breather in August, luxury brands grapple with creative leadership gaps, plummeting profits, and evolving consumer priorities, raising questions about whether current struggles signal a permanent shift in the market landscape, writes Imran Amed.


Luxury

Luxury Heir Alleges His $13 Billion Hermès Fortune Has Vanished

A Swiss court has dismissed Hermès heir Nicolas Puech’s claims against his former wealth manager over the alleged loss of his fortune, leaving the fate of his significant stake in the luxury brand uncertain.

Luxury

Luxury Heir Alleges His $13 Billion Hermès Fortune Has Vanished

A Swiss court has dismissed Hermès heir Nicolas Puech’s claims against his former wealth manager over the alleged loss of his fortune, leaving the fate of his significant stake in the luxury brand uncertain.


Luxury

Hermès Outshines Rivals With Big Sales Jump

Sales at the French luxury group grew to €3.7 billion ($4.02 billion), a 13 percent organic sales rise that strips out currency fluctuations.

Luxury

Hermès Outshines Rivals With Big Sales Jump

Sales at the French luxury group grew to €3.7 billion ($4.02 billion), a 13 percent organic sales rise that strips out currency fluctuations.


Luxury

Kering, LVMH and Hermès Confront Luxury’s ‘Underconsumption’ Problem

All three companies will report results amid a sharp downturn in demand in key markets. That, plus the Olympics kick off in Paris.

Luxury

Kering, LVMH and Hermès Confront Luxury’s ‘Underconsumption’ Problem

All three companies will report results amid a sharp downturn in demand in key markets. That, plus the Olympics kick off in Paris.


Marketing

The BoF Brand Magic Index: Volume 2

BoF Insights and Quilt.AI co-created The BoF Brand Magic Index to quantitatively analyse the brand-customer relationship. Using AI-driven analysis of tens of thousands of social media posts, the Index ranks fashion and luxury’s 50 most powerful brands based on the clarity of their identity and their relevance in culture between October 2023 and March 2024.

Marketing

The BoF Brand Magic Index: Volume 2

BoF Insights and Quilt.AI co-created The BoF Brand Magic Index to quantitatively analyse the brand-customer relationship. Using AI-driven analysis of tens of thousands of social media posts, the Index ranks fashion and luxury’s 50 most powerful brands based on the clarity of their identity and their relevance in culture between October 2023 and March 2024.


Sustainability

Why Luxury Brands Can’t Shake the Controversy Around Exotic Skins

Companies like Hermès, Kering and LVMH say they have spent millions to ensure they are sourcing crocodile and snakeskin leathers responsibly. But critics say incidents like the recent smuggling conviction of designer Nancy Gonzalez show loopholes persist despite tightening controls.

Sustainability

Why Luxury Brands Can’t Shake the Controversy Around Exotic Skins

Companies like Hermès, Kering and LVMH say they have spent millions to ensure they are sourcing crocodile and snakeskin leathers responsibly. But critics say incidents like the recent smuggling conviction of designer Nancy Gonzalez show loopholes persist despite tightening controls.


Luxury

The Prada Exception: How the Trend-Setting Group Bucked Luxury’s Uneven Slowdown

This week, Prada and Miu Miu reported strong sales as LVMH slowed and Kering retreated sharply. In fashion’s so-called “quiet luxury” moment, consumers may care less about whether products have logos and more about what those logos stand for.

Luxury

The Prada Exception: How the Trend-Setting Group Bucked Luxury’s Uneven Slowdown

This week, Prada and Miu Miu reported strong sales as LVMH slowed and Kering retreated sharply. In fashion’s so-called “quiet luxury” moment, consumers may care less about whether products have logos and more about what those logos stand for.


Luxury

Hermès Defies Luxury Slowdown With Sales Jump in China

Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a broader slowdown in demand for the sector.

Luxury

Hermès Defies Luxury Slowdown With Sales Jump in China

Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a broader slowdown in demand for the sector.


Luxury

Kering, Prada and Hermès Fill in the Blanks on Luxury’s Slowdown

This week, more luxury brands will report first-quarter results, offering clues as to how broad and how deep the downturn is going to get.

Luxury

Kering, Prada and Hermès Fill in the Blanks on Luxury’s Slowdown

This week, more luxury brands will report first-quarter results, offering clues as to how broad and how deep the downturn is going to get.


Luxury

Why Salone del Mobile Is Irresistible for Luxury Brands

This week, designers, collectors and major fashion brands will flock to Milan’s design fair. Also, LVMH reports first-quarter sales.

Luxury

Why Salone del Mobile Is Irresistible for Luxury Brands

This week, designers, collectors and major fashion brands will flock to Milan’s design fair. Also, LVMH reports first-quarter sales.