Sophie Brocart’s transition from LVMH to Chanel marks a significant moment in the luxury fashion sector, reflecting a growing commitment to sustainability within high-end brands. As former CEO of Patou, since 2018, Brocart has played a crucial role in revitalizing the brand under designer Guillaume Henry. Now, her new position at Chanel focuses on creating […]
Phillip Lim Exits 3.1 Phillip Lim
In a significant shift for the New York-based contemporary brand, Phillip Lim has announced his departure from the role of creative director at 3.1 Phillip Lim, a label he co-founded with CEO Wen Zhou in 2005. This decision comes on the heels of the brand celebrating its 20th anniversary during the Spring/Summer 2025 runway show, […]
Every Fashion Label Wants a Beauty Brand. Is There Room for All of Them?
In the ever-competitive world of luxury fashion, the latest trend involves brands expanding their portfolios by launching dedicated beauty lines. Once reserved for established names like Dior and Chanel, every luxury fashion house now seems eager to carve out its space in the flourishing beauty market. This surge is a response to a broader slowdown […]
Luxury’s Current Slowdown Could Last Longer Than Previous Crises, Chanel Watches and Jewellery President Warns
The luxury goods sector is facing significant challenges, as highlighted by Frédéric Grangié, president of Chanel Watches and Jewellery, in a recent interview with Swiss newspaper Le Temps. According to Grangié, the predominant issue plaguing the industry is not just external economic factors or wavering markets like China; rather, it is a deep-seated “luxury fatigue” […]
The Debrief | How Dupe Culture is Challenging Traditional Luxury
In today’s market, a notable shift is underway—a growing number of direct-to-consumer brands are emerging as fierce competitors to traditional luxury brands. These so-called “dupe” brands are capitalizing on a crucial consumer sentiment: the feeling of being priced out of luxury goods. As luxury brands cater to the ultra-wealthy and fast fashion dominates the low-end […]
Chanel To Sponsor Oxford-Cambridge Boat Race
In a significant shift for both business and brand identity, Chanel is stepping into the realm of sports sponsorship. The French luxury house has announced its title sponsorship of “The Boat Race,” a historic rowing competition between the prestigious Oxford and Cambridge universities. This event, celebrated as the UK’s oldest major sporting occasion, is set […]
In Paris, Fashion Is Betting on Art Basel’s Big Bang
PARIS – After a bustling summer marked by the Paris Olympics and the recent women’s fashion season, the city amplifies its creative energy with the much-anticipated Art Basel Paris. This year’s event marks the fair’s return to the stunning Grand Palais, now renovated, transforming it into an essential rendezvous for art and fashion enthusiasts alike. […]
This Week: Has Luxury Hit Bottom?
Once considered the epitome of success in the retail sector, luxury brands now face a tumultuous landscape, prompting questions about the future of the industry. Not long ago, luxury brands confidently announced impressive quarterly results characterized by soaring sales figures—often up by 10, 20, or even 30 percent—thanks to a surge in demand post-pandemic and […]
Michael Rider Replaces Hedi Slimane at Celine
The luxury fashion world is in a state of transition as Michael Rider is set to take over as the artistic director of Celine, following Hedi Slimane’s departure after a notable tenure. This change, which becomes effective in early 2025, signals a new chapter for the LVMH-owned brand and reflects broader shifts within the industry. […]
Announcing Eileen Fisher and Helen Kaminski
The fashion industry continues to shape not just style but also how businesses interact with customers, and this week, BoF Careers introduces two notable partners: Eileen Fisher and Helen Kaminski. These brands exemplify the blend of sustainability and luxury in a rapidly changing marketplace, presenting exciting career opportunities. Eileen Fisher, established in New York in […]