Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
Opinion: Members Clubs Just Aren’t What They Used to Be
A new generation of private clubs has commodified elitism, argues Allison Schrager.
Opinion: Members Clubs Just Aren’t What They Used to Be
A new generation of private clubs has commodified elitism, argues Allison Schrager.
Luxury Counterfeiters Are Outsmarting the Industry
Purveyors of secondhand luxury goods may be losing the fight against increasingly sophisticated counterfeiters. Do customers care?
Luxury Counterfeiters Are Outsmarting the Industry
Purveyors of secondhand luxury goods may be losing the fight against increasingly sophisticated counterfeiters. Do customers care?
As Kering’s Fashion Cools, Pomellato Heats Up
Even as demand for luxury goods stalls, Milanese jeweller Pomellato is gaining ground by appealing to self-purchasing women and expanding into high jewellery — a welcome win for Kering as it works to re-energise its portfolio.
As Kering’s Fashion Cools, Pomellato Heats Up
Even as demand for luxury goods stalls, Milanese jeweller Pomellato is gaining ground by appealing to self-purchasing women and expanding into high jewellery — a welcome win for Kering as it works to re-energise its portfolio.
Umit Benan Is Back
With a new Davide De Giglio-backed venture offering ‘bespoke prêt-à-porter,’ the master tailor is once again in the spotlight and will unveil a new collection and retail concept on Friday in Milan.
Umit Benan Is Back
With a new Davide De Giglio-backed venture offering ‘bespoke prêt-à-porter,’ the master tailor is once again in the spotlight and will unveil a new collection and retail concept on Friday in Milan.
Opinion: Luxury Is More Resilient Than the Market Suggests
The luxury industry is facing another lost year, according to Bain’s latest luxury update, but investors are being too gloomy on the sector’s long-term prospects, argues Andrea Felsted.
Opinion: Luxury Is More Resilient Than the Market Suggests
The luxury industry is facing another lost year, according to Bain’s latest luxury update, but investors are being too gloomy on the sector’s long-term prospects, argues Andrea Felsted.
Luxury Sector Will Continue to Slip, Bain Forecasts
The market is on pace to contract 2 percent to 5 percent in 2025 as consumption remains soft across key categories — particularly leather goods, makeup and watches — according to the latest forecast from Bain & Company.
Luxury Sector Will Continue to Slip, Bain Forecasts
The market is on pace to contract 2 percent to 5 percent in 2025 as consumption remains soft across key categories — particularly leather goods, makeup and watches — according to the latest forecast from Bain & Company.
Bernard Arnault Grapples With the Biggest Slump in LVMH’s History
The luxury goods maker is reeling from a sharp downturn in the €364 billion industry — and questions about succession are growing louder.
Bernard Arnault Grapples With the Biggest Slump in LVMH’s History
The luxury goods maker is reeling from a sharp downturn in the €364 billion industry — and questions about succession are growing louder.
Francesco Risso Exits Marni
The Italian designer crafted a colourful, DIY-inflected universe during 10 years at the OTB-owned brand.
Francesco Risso Exits Marni
The Italian designer crafted a colourful, DIY-inflected universe during 10 years at the OTB-owned brand.
Why Kering Picked a Fashion Outsider to Be Its Next CEO
The Gucci and Saint Laurent owner is splitting its chairman and CEO roles, bringing in Luca de Meo, a turnaround expert who has revived multiple automotive brands, to support the Pinault family.
Why Kering Picked a Fashion Outsider to Be Its Next CEO
The Gucci and Saint Laurent owner is splitting its chairman and CEO roles, bringing in Luca de Meo, a turnaround expert who has revived multiple automotive brands, to support the Pinault family.
Report: Kering to Name Renault Boss Luca de Meo CEO
The French luxury giant is planning to shake up its leadership amid a share price slump, according to Le Figaro.
Report: Kering to Name Renault Boss Luca de Meo CEO
The French luxury giant is planning to shake up its leadership amid a share price slump, according to Le Figaro.
Is the Secondary Watch Market Turning a Corner?
After three years of declines, prices of pre-owned watches appear to have bottomed out.
Is the Secondary Watch Market Turning a Corner?
After three years of declines, prices of pre-owned watches appear to have bottomed out.
Art Basel Is Shaping Up to Be a Roll of the Dice
'There’s new energy in the market,’ Pace CEO Marc Glimcher told Bloomberg ahead of the Swiss edition of the global art fair, but selling top-end pieces is likely to be more chancy than usual, several dealers acknowledged.
Art Basel Is Shaping Up to Be a Roll of the Dice
'There’s new energy in the market,’ Pace CEO Marc Glimcher told Bloomberg ahead of the Swiss edition of the global art fair, but selling top-end pieces is likely to be more chancy than usual, several dealers acknowledged.
THE NEWS IN BRIEF
Rolex Enthusiasts Get Kalshi Contracts to Bet on Watch Prices
The contracts allow users to trade on outcomes such as whether an item will surpass a price threshold or predict whether a brand will launch a new model.
Giambattista Valli Again Cancels Paris Fashion Show
Following a last-minute withdrawal from the couture calendar in January, the label, which is majority-owned by Pinault family investment fund Artémis, cancelled a runway outing scheduled for March 6.
Arnault Tightens Grip on LVMH as His Stake Crosses the 50% Mark
Now the Arnault family also has over 65 percent of LVMH’s voting rights.
Zadig & Voltaire Names Dan Sablon Creative Director
Sablon, who serves as Vogue France’s cultural director-at-large, will show his first collection for the French fashion label in March during Paris Fashion Week.
Moncler Revenues Up 7% in Fourth Quarter on Strong Asia, Americas
The Italian luxury outerwear group posted a better-than-expected sales rise thanks to growth in Asian and US markets.
Swiss Watch Exports Resume Slump as US Rebound Proves Short Lived
Exports fell 3.6 percent in January, led by a decline in the most expensive precious metal watches and a slump in the US market.
Cucinelli Says It Resumed Shipments to Saks at End of January
Executive chairman Brunello Cucinelli said the company has seen no financial hit in 2026 from the luxury retailer’s bankruptcy.