Kering Acquires Lens Maker Lenti in Eyewear Push Kering, the renowned luxury group, has once again made headlines with its recent acquisition of the Italian lens manufacturer, Lenti. This strategic move is aimed at further strengthening Kering’s industrial platform within the high-end eyewear sector, solidifying its position as a key player in the competitive market. […]
The BoF Podcast | Lessons in World-Building: How Emily Oberg Created Sporty & Rich
The BoF Podcast | Lessons in World-Building: How Emily Oberg Created Sporty & Rich Founder Emily Oberg has captivated audiences with her entrepreneurial journey, a narrative that spans from the serene landscapes of Calgary to the bustling streets of Los Angeles. Her story is not just about geographical transitions; it’s a tale of transforming a […]
Prada Acquires 10% Stake in Italian Leather Group Rino Mastrotto
Prada Acquires 10% Stake in Italian Leather Group Rino Mastrotto Italian luxury fashion house Prada has made a strategic move by acquiring a 10% stake in the renowned Italian Leather Group Rino Mastrotto. This acquisition marks a significant milestone in the fashion industry, showcasing Prada’s commitment to expanding its presence in the high-end leather market. […]
How a Little Italian Hotel Became a Global Fashion Brand
From Little Hotel to Global Fashion Brand: The Remarkable Journey of Pellicano Group In the realm of business success stories, the transformation of a small Italian hotel into a globally recognized fashion brand stands out as a testament to vision, innovation, and sheer determination. At the helm of this remarkable evolution is Marie-Louise Sciò, the […]
Fendi To Relaunch Furniture Line With New Partner
Fendi To Relaunch Furniture Line With New Partner Italian luxury fashion house Fendi, renowned for its exquisite designs and high-end products, is set to make a grand reentry into the world of furniture. The LVMH-owned brand’s Fendi Casa line, which has been synonymous with opulence and sophistication, is gearing up for a relaunch in collaboration […]
Sotheby’s to Auction Original Hermès Bag That Belonged to Jane Birkin
Sotheby’s Reveals Rare Gem: Original Hermès Bag Owned by Jane Birkin Luxury meets legacy as Sotheby’s gears up to auction off the iconic Hermès Birkin bag that once graced the arm of the legendary Jane Birkin herself. This exquisite handbag, originally commissioned for the British-French actress and singer back in 1984, is poised to take […]
The BoF Podcast | Inside The Great Luxury Reset
The BoF Podcast | Inside The Great Luxury Reset In the realm of luxury fashion, a profound transformation is underway. Imran Amed, the visionary founder and CEO of The Business of Fashion, and Luca Solca, the esteemed managing director of luxury goods at Bernstein, recently engaged in a riveting discussion with System Magazine’s Jonathan Wingfield. […]
A Slap on the Wrist Won’t Solve Luxury’s Sweatshops Problem
A Slap on the Wrist Won’t Solve Luxury’s Sweatshops Problem Luxury fashion brands have always been synonymous with glamour, sophistication, and exclusivity. However, behind the shimmering facade of haute couture lies a darker reality – the prevalence of sweatshops and poor labor practices in the industry’s supply chain. This week, the spotlight has once again […]
Indigenous Designers Are Driving Brands to Collaborate, Not Appropriate
Indigenous Designers Are Driving Brands to Collaborate, Not Appropriate The fashion industry has a long history of appropriating Native art and traditions, often without giving credit to the communities from which they are derived. However, there is a shift happening as more brands are recognizing the importance of ethical collaboration with Indigenous designers. This change […]
Ferragamo’s Revenues Fell 1% in First Quarter, Dragged by Weak Sales in Asia
Ferragamo’s Revenues Decline by 1% in Q1 Due to Weak Sales in Asia Italian luxury fashion house Salvatore Ferragamo, renowned for its exquisite footwear and accessories, faced a setback in the first quarter of the year as its revenues dipped by 1%. The brand, which is currently navigating the market without a CEO at the […]