Explainer: How Trump’s Tariffs Threaten Luxury Fashion The recent shifts in US trade policy under the Trump administration have sent shockwaves through various industries, and luxury fashion is no exception. While it may seem like increased tariffs won’t significantly impact retail prices immediately, the ripple effects on the global economy and consumer sentiment could pose […]
Why Gap Is Going Premium
Why Gap Is Going Premium Gap, the iconic American retail brand known for its classic casual wear, is taking a bold step into the world of premium fashion with its new GapStudio line. This strategic move comes as the brand aims to reinvent itself and cater to a more discerning and fashion-forward audience. Spearheaded by […]
Zegna Group Profits Decline 30 Percent
Zegna Group Profits Decline 30 Percent Luxury fashion house Ermenegildo Zegna Group recently released its financial report for 2024, revealing a 31 percent decline in profits to €91 million ($98 million). This significant decrease in earnings has been attributed to various factors, including a notable slowdown in the Chinese market and a weaker wholesale performance, […]
Francesca Amfitheatrof Exits Louis Vuitton
Francesca Amfitheatrof Exits Louis Vuitton Francesca Amfitheatrof, the artistic director for watches and jewelry at Louis Vuitton, is bidding adieu to the luxury brand after a successful seven-year tenure. Her departure marks the end of an era characterized by innovative designs and groundbreaking creations that have left an indelible mark on the fashion industry. During […]
Hermès Taps BNP Paribas CEO, Former Spy for Luxury Group’s Board
Hermès Taps BNP Paribas CEO, Former Spy, and Dairy Industry Leader for Luxury Group’s Board In a surprising move that has caught the attention of the business world, luxury brand Hermès has nominated a diverse slate of candidates to join its board of directors. Among the notable nominees are Jean-Laurent Bonnafé, the CEO of BNP […]
Why Aren’t Luxury Brands Signing India’s Cricketers?
Why Luxury Brands Hesitate to Sign India’s Cricketers In the world of sports, few athletes hold as much influence over their fans as cricketers in India. With a massive fan following and a revered status in the country, these sportsmen have the potential to be powerful marketing vehicles for global luxury fashion brands. However, despite […]
Dolce & Gabbana Looks to Beauty to Safeguard Independence
Dolce & Gabbana Looks to Beauty to Safeguard Independence Italian luxury fashion house Dolce & Gabbana is setting its sights on the lucrative beauty industry to ensure its independence and solidify its market presence. With a strategic move towards in-house management of its beauty products, the company is aiming to achieve €1 billion in annual […]
Op-Ed | Can Ralph Lauren and Coach Reboot American Luxury?
Op-Ed | Can Ralph Lauren and Coach Reboot American Luxury? In the realm of luxury fashion, European brands have long been considered the epitome of sophistication and status. However, recent developments in the industry have seen a shift in consumer preferences, with many turning away from European luxury giants due to dramatic price hikes. This […]
A Restless, Radical Mind: How Jonathan Anderson Transfigured Loewe
A Restless, Radical Mind: How Jonathan Anderson Transfigured Loewe In the realm of fashion, there are designers, and then there are visionaries – those rare individuals who possess an innate ability to not only push boundaries but to completely redefine them. Jonathan Anderson, the creative genius behind the transformation of Loewe, undoubtedly falls into the […]
Jonathan Anderson at Loewe: The Ultimate Designer-Curator
Jonathan Anderson at Loewe: The Ultimate Designer-Curator When it comes to the world of luxury fashion, there are designers, and then there are visionaries. Jonathan Anderson, during his remarkable 11-year tenure at Loewe, has transcended the traditional role of a designer to become the ultimate designer-curator. Under his crafty and innovative leadership, the Spanish label […]