In the picturesque setting of Disneyland Paris, a notable event took place that cemented fashion’s entwined relationship with entertainment. On the last night of fashion month, the French brand Coperni hosted an extravagant runway show that exuberantly captured the essence of both worlds, introducing an entirely new narrative to the luxury fashion sector. This event […]
Mulberry Wants to Go It Alone, Rejects Frasers Takeover Bid
Mulberry Group Plc has recently declined a takeover offer from Mike Ashley’s Frasers Group Plc, highlighting its ambition to remain independent and confirming its faith in newly appointed CEO Andrea Baldo to rejuvenate the British handbag brand. This decision marks a pivotal moment not just for Mulberry but for the broader landscape of the luxury […]
Francesca Bellettini’s Plan For Kering
In the world of luxury fashion, few names echo with as much influence and promise as Francesca Bellettini. Recently appointed as Kering’s deputy CEO for brand development, her mission is not merely to steer one iconic brand but to rejuvenate a constellation of high-end labels, including the flagging Gucci. Bellettini’s track record at Saint Laurent, […]
Tod’s Group Appoints John Galantic CEO
In a significant leadership shift, Tod’s Group, the iconic Italian luxury fashion house, has announced the appointment of John Galantic as its new CEO. This decision signifies a strategic move aimed at revitalizing the brand and steering it through challenging market conditions. Galantic, who previously served as President and COO at Chanel, steps into the […]
Luxury’s Soft Patch Will Be Short
Luxury sales are currently facing a challenging environment, leading some observers to wonder if the sector’s price-value equation is faltering. However, the reality is more nuanced. The perceived decline in luxury sales is often mistaken for a structural failure of the sector; instead, it primarily stems from macroeconomic fluctuations. Over the past 25 years, I […]
What Does Pressure Look Like in Milan?
As Milan Fashion Week unfolds, the pressures on designers become palpably evident, particularly for Sabato De Sarno at Gucci and Adrian Appiolaza at Moschino. Both leaders grapple with significant legacies that overshadow their creative directions. However, their approaches toward these challenges dramatically differ, creating a distinct narrative within the vibrant runway scene. Sabato De Sarno, […]
Chanel Buys 42 Avenue Montaigne Amid Real Estate Arms Race
In a strategic move reflecting the intense competition in the luxury retail sector, Chanel has expanded its presence on the revered Avenue Montaigne in Paris by acquiring a new property. The French fashion powerhouse purchased the building at 42 Avenue Montaigne, a prime location that solidifies its foothold in one of the world’s most prestigious […]
Burberry’s New CEO Pledges He Won’t Take Brand Down Market
In a bold statement aimed at both customers and critics, Joshua Schulman, the newly appointed CEO of Burberry, has confirmed his commitment to preserving the brand’s premium status. Following his recent debut at London Fashion Week, Schulman asserted that lowering Burberry’s market position is not an option; instead, he intends to refine the brand’s pricing […]
Michael Kors Highlights Handbag Market Diversity in FTC Hearing
In a pivotal moment for the fashion industry, Michael Kors recently shared insights into the dynamic landscape of the handbag market during a Federal Trade Commission (FTC) hearing. This event unfolded as the FTC examined Tapestry Inc.’s proposed $8.5 billion acquisition of Capri Holdings, the parent company of his brand, Michael Kors, along with Versace […]
Brazil Lifts Freeze on Starlink and X Accounts After Fine Settlement
In a significant development in the ongoing saga between Brazil and tech billionaire Elon Musk, the Brazilian Supreme Court has lifted the freeze on the bank accounts of Starlink and X, formerly known as Twitter, following a fine payment that resolved a substantial legal dispute. This courtroom battle highlights the tension between global tech companies […]