Alessandro Michele and Jacopo Venturini Charting the New Course for Valentino At VOICES 2024, the premier fashion event hosted by The Business of Fashion (BoF), esteemed BoF editor-at-large Tim Blanks had the privilege of engaging in a candid conversation with Alessandro Michele and Jacopo Venturini. The duo, renowned for their innovative approach and keen eye […]
The BoF Podcast | The Great Luxury E-Commerce Reckoning
The BoF Podcast | The Great Luxury E-Commerce Reckoning The landscape of luxury e-commerce is undergoing a profound transformation, with industry leaders spearheading innovations to meet the evolving demands of consumers. Recently, at the prestigious BoF VOICES 2024 event, Mytheresa CEO Michael Kliger and Moda Operandi co-founder Lauren Santo Domingo took the stage with BoF […]
Proenza Schouler Founders Depart the Brand
Proenza Schouler Founders Depart the Brand After over two decades at the helm of the renowned New York-based label Proenza Schouler, designers Jack McCollough and Lazaro Hernandez have announced their departure. The duo, known for their innovative designs and unique aesthetic, have been instrumental in shaping the fashion industry and leaving a lasting impact on […]
China’s Youngor Group Acquires Bonpoint
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 […]