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Global Markets

The BoF Podcast: Luca Solca on ‘The Worst Year in the History of Modern Luxury’

BoF’s Imran Amed and the Bernstein analyst discuss what the sector should expect as coronavirus threatens sales and supply chains.

Global Markets

The BoF Podcast: Luca Solca on ‘The Worst Year in the History of Modern Luxury’

BoF’s Imran Amed and the Bernstein analyst discuss what the sector should expect as coronavirus threatens sales and supply chains.


Luxury

Burberry Warns of Dire Sales Slump as Coronavirus Spreads

The British luxury giant had previously flagged a significant hit to sales in China, but the pandemic's spread to Western markets has worsened its outlook, with fourth quarter comparable retail sales now expected to be down 30 percent.

Luxury

Burberry Warns of Dire Sales Slump as Coronavirus Spreads

The British luxury giant had previously flagged a significant hit to sales in China, but the pandemic's spread to Western markets has worsened its outlook, with fourth quarter comparable retail sales now expected to be down 30 percent.


Global Markets

What China’s Economic Disruption Spells for the Global Fashion Industry

Companies are reeling from the coronavirus’ impact on the Chinese economy, but shockwaves await from markets closer to home.

Global Markets

What China’s Economic Disruption Spells for the Global Fashion Industry

Companies are reeling from the coronavirus’ impact on the Chinese economy, but shockwaves await from markets closer to home.


Luxury

Prada Reports 2.7% Rise in Full-Year Sales, Flags Future Hit From Coronavirus

Earnings before interest and taxes declined 5.3 percent to €306.8 million ($336.31 million) last year, as the luxury group took measures to reduce markdowns and scale back its wholesale distribution network.

Luxury

Prada Reports 2.7% Rise in Full-Year Sales, Flags Future Hit From Coronavirus

Earnings before interest and taxes declined 5.3 percent to €306.8 million ($336.31 million) last year, as the luxury group took measures to reduce markdowns and scale back its wholesale distribution network.


Luxury

Is Fashion Ready for a Multicultural Minefield?

Social media, Chinese nationalism and a culture war in the US have ratcheted up the risk of costly cultural missteps like those made by Dolce & Gabbana, Gucci, Prada and others. Luca Solca examines what fashion brands should — and should not — do.

Luxury

Is Fashion Ready for a Multicultural Minefield?

Social media, Chinese nationalism and a culture war in the US have ratcheted up the risk of costly cultural missteps like those made by Dolce & Gabbana, Gucci, Prada and others. Luca Solca examines what fashion brands should — and should not — do.


Retail

Fashion on Lockdown: What's Closed, What's Cancelled

BoF is keeping tabs on the cancellations and closures sweeping the industry as brands, retailers and event producers grapple with how to manage the Covid-19 pandemic.

Retail

Fashion on Lockdown: What's Closed, What's Cancelled

BoF is keeping tabs on the cancellations and closures sweeping the industry as brands, retailers and event producers grapple with how to manage the Covid-19 pandemic.


China

Will E-Commerce Save China’s Luxury Business?

Luxury brands are pinning their hopes on e-commerce to recoup some of the losses caused by China’s dismal retail environment. But will consumers switch to online in sufficient numbers to make up for the massive coronavirus shortfall?

China

Will E-Commerce Save China’s Luxury Business?

Luxury brands are pinning their hopes on e-commerce to recoup some of the losses caused by China’s dismal retail environment. But will consumers switch to online in sufficient numbers to make up for the massive coronavirus shortfall?


Luxury

Coronavirus Casts a Shadow on Luxury’s Cruise Show Plans

As the likes of Gucci and Versace cancel events, the outbreak is surfacing urgent questions about fashion’s ways of working.

Luxury

Coronavirus Casts a Shadow on Luxury’s Cruise Show Plans

As the likes of Gucci and Versace cancel events, the outbreak is surfacing urgent questions about fashion’s ways of working.


Financial Markets

Coronavirus Wipes Four Months of Gains off SLI

The Savigny Luxury Index went into meltdown this month, with no single company posting gains, as the coronavirus edged closer to becoming a global pandemic.

Financial Markets

Coronavirus Wipes Four Months of Gains off SLI

The Savigny Luxury Index went into meltdown this month, with no single company posting gains, as the coronavirus edged closer to becoming a global pandemic.


Workplace & Talent

Power Moves | Jimmy Choo CEO Exits, StockX Names CTO

This week, Jimmy Choo's CEO of almost eight years steps down, while StockX appoints a chief technology officer.

Workplace & Talent

Power Moves | Jimmy Choo CEO Exits, StockX Names CTO

This week, Jimmy Choo's CEO of almost eight years steps down, while StockX appoints a chief technology officer.