China’s Youngor Group Acquires Bonpoint In a strategic move that signals the increasing globalization of the fashion industry, China’s Youngor Group has recently acquired Bonpoint, the renowned French luxury childrenswear brand. This acquisition, which saw the Chinese fashion conglomerate purchasing Bonpoint from the private investment firm EPI, marks a significant shift in the landscape of […]
What’s Behind the 2025 M&A Wave
The Rise of Mergers and Acquisitions in 2025: A Closer Look at True Religion, Kapital, and Christian Lacroix In recent times, the business world has witnessed a flurry of mergers and acquisitions, with notable brands such as True Religion, Kapital, and Christian Lacroix changing ownership. These shifts in the market landscape have sparked discussions and […]
The Best of BoF 2024: Designer Reboots and a Rocky Market
In 2024, the luxury fashion sector faced significant challenges, leading brands like Chanel, Valentino, and Fendi to rethink their strategies. As consumer preferences shifted and demand for high-end products dwindled, these companies sought to revitalize their offerings through creative changes. Notably, Gucci and Burberry encountered obstacles in their rebranding endeavors, highlighting the complexities involved in […]
The BoF Podcast | Jacquemus: A Coming of Age Story
The luxury fashion world has witnessed a remarkable evolution in the last decade, spearheaded by dynamic and innovative designers who have redefined the landscape. One such visionary is Simon Porte Jacquemus, who launched his eponymous brand in 2009, quickly carving a niche for himself through a unique blend of creativity and business acumen. His story, […]
Fur Industry Faces Challenges with Elevation Strategy and LVMH Support
The global fur industry is confronted with significant obstacles, contributing to a shift in its overall market value. From a peak of $14.7 billion in 2013, the value of global fur exports has drastically fallen to just $3.4 billion in the previous year. This stark decline points towards a larger market trend, one that shows […]
Prada Group Defies Downturn As Miu Miu Surges 105%
In an impressive display of resilience amid a sluggish luxury market, Prada Group has reported a remarkable 18% surge in net revenues for the nine-month period ending this year. This growth is predominantly attributed to the astonishing success of its subsidiary brand, Miu Miu, which has achieved a staggering 105% increase in quarterly retail sales […]
For LVMH, It’s a Battle for Market Share Now. Let the Games Begin
In an unexpected twist for the luxury sector, LVMH, the world’s largest luxury goods conglomerate, revealed a 5 percent decline in third-quarter sales within its core fashion and leather goods division. This includes iconic brands such as Louis Vuitton, Dior, and rising stars like Loewe and Celine. This downturn arrives after a prolonged period of […]
Opening Day at Jacquemus’ First US Boutique
The excitement surrounding the launch of Jacquemus’ first US boutique in New York’s SoHo is a testament to the brand’s growing allure. Renowned for its vibrant marketing, whimsical accessories, and theatrical runway shows, Jacquemus has captured the attention of fashion enthusiasts globally. This pivotal moment not only signifies the brand’s expansion into the American market […]
Alberta Ferretti Names Lorenzo Serafini Creative Director
Alberta Ferretti, a stalwart in the world of luxury fashion, has announced the promotion of Lorenzo Serafini as its new creative director. This strategic decision coincides with the brand’s plan to consolidate its operations, specifically by folding the Philosophy line into the Alberta Ferretti brand, effective from the Autumn-Winter 2025 season. This move is intended […]
Hedi Slimane Is Exiting LVMH’s Celine
The departure of Hedi Slimane from Celine marks a significant shift in the luxury fashion landscape, particularly within the LVMH conglomerate. After seven years at the helm, Slimane’s exit was confirmed recently, concluding months of complex contract negotiations with LVMH’s chairman, Bernard Arnault. This decision comes on the heels of Slimane’s impressive tenure, during which […]