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Luxury

How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.

Gucci Sales Plunge 25% as Kering Woes Continue

The French conglomerate reported plummeting second-quarter sales at flagship Gucci as the brand gears up for its second creative revamp in three years. Group sales tumbled 15 percent.

Gucci Sales Plunge 25% as Kering Woes Continue

The French conglomerate reported plummeting second-quarter sales at flagship Gucci as the brand gears up for its second creative revamp in three years. Group sales tumbled 15 percent.


Pinaults’ Artemis Says Not Facing Financial Strain Despite Kering Woes

A jump in standalone debt is a ‘temporary spike’ and the company is not facing liquidity problems due to a drop in dividends from Kering and other assets, it told Reuters.

Pinaults’ Artemis Says Not Facing Financial Strain Despite Kering Woes

A jump in standalone debt is a ‘temporary spike’ and the company is not facing liquidity problems due to a drop in dividends from Kering and other assets, it told Reuters.


Temasek Builds 10% Stake in Zegna in Boost for Expansion Plans

The Singapore state-owned investor has agreed to buy a roughly 5 percent stake in Ermenegildo Zegna for $126.4 million, after previously scooping up shares amounting to another 5 percent. The deal will accelerate the Italian fashion group’s expansion plans, the company said.

Temasek Builds 10% Stake in Zegna in Boost for Expansion Plans

The Singapore state-owned investor has agreed to buy a roughly 5 percent stake in Ermenegildo Zegna for $126.4 million, after previously scooping up shares amounting to another 5 percent. The deal will accelerate the Italian fashion group’s expansion plans, the company said.


Tired of the Hamptons? Fashion Isn’t

The lines are long, the prices astronomical and the influencer presence inescapable — but the Hamptons remain a key stage for brands chasing wealthy customers.

Tired of the Hamptons? Fashion Isn’t

The lines are long, the prices astronomical and the influencer presence inescapable — but the Hamptons remain a key stage for brands chasing wealthy customers.


$50,000-a-Night Resort Signals Africa’s Future in Luxury Travel

Capital from billionaire business moguls and Middle Eastern royals is pouring into Africa, filling a funding gap left by banks, as a new wave of ultra-luxury developments reshapes the continent’s hospitality landscape.

$50,000-a-Night Resort Signals Africa’s Future in Luxury Travel

Capital from billionaire business moguls and Middle Eastern royals is pouring into Africa, filling a funding gap left by banks, as a new wave of ultra-luxury developments reshapes the continent’s hospitality landscape.


US Tariffs Will Test Luxury’s Pricing Power

European luxury brands have relied on dramatic price increases to fuel profit growth in recent years and may have limited manoeuvring room to raise prices further.

US Tariffs Will Test Luxury’s Pricing Power

European luxury brands have relied on dramatic price increases to fuel profit growth in recent years and may have limited manoeuvring room to raise prices further.


LVMH Slide Signals No Quick End to Big Luxury’s Malaise

A steep sales decline at the sector bellwether’s core fashion and leather goods division, which houses Louis Vuitton and Dior, point to a long road ahead.

LVMH Slide Signals No Quick End to Big Luxury’s Malaise

A steep sales decline at the sector bellwether’s core fashion and leather goods division, which houses Louis Vuitton and Dior, point to a long road ahead.


LVMH Struggles to Bounce Back Amid Deepening Luxury Downturn

Sales in the group's critical fashion and leather goods division — which includes flagship brand Louis Vuitton — fell 9 percent in the latest quarter. The group is fending off challenges across key units.

LVMH Struggles to Bounce Back Amid Deepening Luxury Downturn

Sales in the group's critical fashion and leather goods division — which includes flagship brand Louis Vuitton — fell 9 percent in the latest quarter. The group is fending off challenges across key units.


Pellicano Hotels Acquires La Badia Estate in Umbria

Marie-Louise Sciò’s fashionable hotel group – prized for its vibey, relaxed vision of luxury hospitality – is adding new properties to its portfolio with backing from private equity firm Aermont.

Pellicano Hotels Acquires La Badia Estate in Umbria

Marie-Louise Sciò’s fashionable hotel group – prized for its vibey, relaxed vision of luxury hospitality – is adding new properties to its portfolio with backing from private equity firm Aermont.


How Kerzner International Is Catering to the Luxury Traveller Mindset

BoF sits down with Kerzner International CEO Philippe Zuber to learn how its array of ‘ultra-luxury’ offerings across its hotel brand portfolio — One & Only, Siro, Atlantis and Rare Finds — is building a deeper connection with ultra-high-net-worth guests to meet their evolving needs.

How Kerzner International Is Catering to the Luxury Traveller Mindset

BoF sits down with Kerzner International CEO Philippe Zuber to learn how its array of ‘ultra-luxury’ offerings across its hotel brand portfolio — One & Only, Siro, Atlantis and Rare Finds — is building a deeper connection with ultra-high-net-worth guests to meet their evolving needs.


Luxury’s Gulf Between Winners and Losers Is Widening

This earnings season will be critical in determining luxury’s outperformers and laggards, with analysts expecting wide revenue growth results.

Luxury’s Gulf Between Winners and Losers Is Widening

This earnings season will be critical in determining luxury’s outperformers and laggards, with analysts expecting wide revenue growth results.


How Harrods Is Betting Big on the Fine Jewellery Boom

The storied British retailer is planning its most ambitious renovation in years to create a brand new watches and jewellery boutique.

How Harrods Is Betting Big on the Fine Jewellery Boom

The storied British retailer is planning its most ambitious renovation in years to create a brand new watches and jewellery boutique.