De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
Buccellati CEO Nicolas Luchsinger Is Doubling Down on Heritage in China
Buccellati joins the rush of top jewellery houses flocking to Shanghai with elaborate displays of heritage as it competes with rising local brands, with CEO Nicolas Luchsinger touting family involvement as ‘a big asset.’
Buccellati CEO Nicolas Luchsinger Is Doubling Down on Heritage in China
Buccellati joins the rush of top jewellery houses flocking to Shanghai with elaborate displays of heritage as it competes with rising local brands, with CEO Nicolas Luchsinger touting family involvement as ‘a big asset.’
Frank Gehry, Titan of Architecture, Has Died
Gehry, one of the first architects to embrace the potential of digital design, created the ethereal Fondation Louis Vuitton in Paris as well as the world-famous Guggenheim in Bilbao.
Frank Gehry, Titan of Architecture, Has Died
Gehry, one of the first architects to embrace the potential of digital design, created the ethereal Fondation Louis Vuitton in Paris as well as the world-famous Guggenheim in Bilbao.
Dario Vitale’s Versace Exit: The Backstory
Vitale may not be the right fit for Prada’s Versace strategy but a healthy fashion system depends on creative renewal powered by young talent, writes Imran Amed.
Dario Vitale’s Versace Exit: The Backstory
Vitale may not be the right fit for Prada’s Versace strategy but a healthy fashion system depends on creative renewal powered by young talent, writes Imran Amed.
Can Luxury Brands Rebuild Trust With Customers? | The BoF Podcast
Imran Amed, founder and CEO of The Business of Fashion, and Luca Solca, senior analyst of global luxury goods at Bernstein, speak to System Magazine’s Jonathan Wingfield to examine where the luxury sector goes next — from rebuilding pricing architecture to aligning brand DNA with the zeitgeist and restoring clear value for customers.
Can Luxury Brands Rebuild Trust With Customers? | The BoF Podcast
Imran Amed, founder and CEO of The Business of Fashion, and Luca Solca, senior analyst of global luxury goods at Bernstein, speak to System Magazine’s Jonathan Wingfield to examine where the luxury sector goes next — from rebuilding pricing architecture to aligning brand DNA with the zeitgeist and restoring clear value for customers.
Luxury Stocks Look Ready for a Stronger Year After Their ‘Detox’
Optimism is building that a second-half rally in Europe’s luxury-goods sector can extend into the new year as signs point to better times for the continent’s flagship equity sector.
Luxury Stocks Look Ready for a Stronger Year After Their ‘Detox’
Optimism is building that a second-half rally in Europe’s luxury-goods sector can extend into the new year as signs point to better times for the continent’s flagship equity sector.
Why Prada Moved on From Dario Vitale (and What Comes Next for Versace)
The news that Versace’s designer is exiting the brand comes two days after Prada’s acquisition of the brand, confirming months of speculation. What will Versace do next?
Why Prada Moved on From Dario Vitale (and What Comes Next for Versace)
The news that Versace’s designer is exiting the brand comes two days after Prada’s acquisition of the brand, confirming months of speculation. What will Versace do next?
What Should a 21st Century Mechanical Watch Look Like?
Perhaps more like a screen. A decade after Apple Watch, industrial design legend Marc Newson returns to watchmaking to partner with Ressence, the Belgian startup known for its dome-like crystal designs. Newson aims to challenge a watchmaking industry that’s become obsessed with technical innovation at the expense of design.
What Should a 21st Century Mechanical Watch Look Like?
Perhaps more like a screen. A decade after Apple Watch, industrial design legend Marc Newson returns to watchmaking to partner with Ressence, the Belgian startup known for its dome-like crystal designs. Newson aims to challenge a watchmaking industry that’s become obsessed with technical innovation at the expense of design.
Chanel Takes the Subway, LVMH’s Management Shakeup
What’s going on at luxury’s two biggest brands, Chanel and Louis Vuitton? Plus, Sant Ambroeus opens in Paris.
Chanel Takes the Subway, LVMH’s Management Shakeup
What’s going on at luxury’s two biggest brands, Chanel and Louis Vuitton? Plus, Sant Ambroeus opens in Paris.
5 Big Questions About Luxury | The Debrief
Luxury editor Robert Williams joins The Debrief to discuss the latest developments in luxury, from Prada’s acquisition of Versace to fashion’s favourite restaurants.
5 Big Questions About Luxury | The Debrief
Luxury editor Robert Williams joins The Debrief to discuss the latest developments in luxury, from Prada’s acquisition of Versace to fashion’s favourite restaurants.
Hermès Heir Takes Aim at LVMH’s Arnault in Civil Lawsuit
Nicolas Puech has filed a civil lawsuit against Bernard Arnault and LVMH, alleging he was deprived of Hermès shares now worth billions, court documents show.
Hermès Heir Takes Aim at LVMH’s Arnault in Civil Lawsuit
Nicolas Puech has filed a civil lawsuit against Bernard Arnault and LVMH, alleging he was deprived of Hermès shares now worth billions, court documents show.
Prada’s Versace Acquisition Closes, Now the Real Work Begins
The group’s effort to revive the fortunes of the iconic label founded by Gianni Versace will require both patience and pain. ‘The next 12 months will be rough.’
Prada’s Versace Acquisition Closes, Now the Real Work Begins
The group’s effort to revive the fortunes of the iconic label founded by Gianni Versace will require both patience and pain. ‘The next 12 months will be rough.’
Unpacking LVMH’s Latest Executive Shuffle
Louis Vuitton CEO Pietro Beccari will also steer the conglomerate’s Fashion Group, as Sidney Toledano steps down from operational responsibilities and Vuitton deputy CEO Damien Bertrand joins the group’s executive committee.
Unpacking LVMH’s Latest Executive Shuffle
Louis Vuitton CEO Pietro Beccari will also steer the conglomerate’s Fashion Group, as Sidney Toledano steps down from operational responsibilities and Vuitton deputy CEO Damien Bertrand joins the group’s executive committee.
THE NEWS IN BRIEF
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Zimmermann Names Roberto Eggs CEO
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.
Watch Exports Bounced Back in February Before War in Middle East
Swiss watch exports saw a 9.2 percent rise in February, driven by a strong rebound in the US market.
Swatch CEO Warns Iran War Is Weighing on Watchmaker’s Sales
The company has more than 200 stores in the Middle East, said chief executive officer Nick Hayek.
Kering Unveils New Jewellery Unit, Merges Fashion Brand Reporting
Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.