Francois Pinault’s Wealth Slides as Heir Fails to Revive Gucci Francois Pinault, the 88-year-old founder of luxury goods conglomerate Kering SA, has long been a titan in the world of fashion and business. However, recent reports indicate that his fortunes may be shifting, with his net worth taking a notable hit in the past year. […]
Retail Pioneer Darshan Mehta Has Died
Remembering the Legacy of Retail Pioneer Darshan Mehta The recent passing of Darshan Mehta, a seasoned veteran in the retail industry, has left a significant void in the world of luxury fashion in India. With an illustrious career that spanned over two decades, Mehta made a lasting impact on the landscape of retail, particularly in […]
Louis Vuitton in Talks with Cheng Family for Hong Kong Mega-Store
Louis Vuitton Expanding Presence in Asia with Potential Mega-Store in Hong Kong Luxury fashion powerhouse Louis Vuitton is setting its sights on a grand expansion in Asia, with talks underway to establish a colossal mega-store in Hong Kong. Sources reveal that the renowned brand is currently in negotiations with the prominent Cheng Family for a […]
At Watches of Switzerland, Rolex Demand Is Fuelling Retail Expansion
At Watches of Switzerland, Rolex Demand Is Fuelling Retail Expansion Watches of Switzerland, a prominent player in the luxury watch industry, is making bold moves despite the looming threat of US tariffs. The company is set to open one of Europe’s largest Rolex boutiques in London, showcasing its confidence in the continued strength of demand […]
The Debrief | Can Farfetch Be Fixed?
The Debrief | Can Farfetch Be Fixed? Farfetch, the online luxury fashion platform, has been a prominent player in the e-commerce industry for quite some time. However, recent changes in ownership have sparked discussions about the company’s future and its potential for revival. Executive Editor Brian Baskin and Senior Correspondent Sheena Butler-Young recently sat down […]
How Vacheron Constantin Is Engaging the Next Generation in Abu Dhabi
Vacheron Constantin: Inspiring the Next Generation in Abu Dhabi Luxury watch brand Vacheron Constantin recently marked its impressive 270th anniversary with a thought-provoking panel discussion in Abu Dhabi. The event, moderated by BoF’s Nick Blunden, brought together key figures including Vacheron Constantin’s heritage and style director Christian Selmoni, author and artist Alia Al Shamsi, and […]
Richemont Elevates Jewellery Bosses in Fresh Executive Shakeup
Richemont Elevates Jewellery Bosses in Fresh Executive Shakeup Luxury conglomerate Richemont has recently made waves in the industry with its strategic executive promotions. Catherine Renier, the mastermind behind the success of the iconic Van Cleef & Arpels jewellery brand, has been catapulted to the company’s senior executive committee. Joining her is Louis Ferla, the esteemed […]
Hermès Sales Accelerate, Raising Hopes for China Turnaround
Hermès Sales Accelerate, Raising Hopes for China Turnaround The renowned luxury brand Hermès has recently reported a significant surge in revenue, marking an 18 percent increase at year-end. This positive development has sparked optimism among investors and industry experts, particularly due to the notable sales growth in China. The country’s previously sluggish economy had been […]
The BoF Podcast | Why India Will Not Be The Next China for Luxury
The BoF Podcast | Discussing Why India Will Not Be The Next China for Luxury In a recent installment of The Business of Fashion (BoF) Podcast, Ravi Thakran offered a compelling analysis on why India is unlikely to replicate China’s trajectory in the luxury market. This insightful conversation, which took place at BoF VOICES 2024, […]
How Hotels Became Fashion’s Most In-Demand Partner
How Hotels Became Fashion’s Most In-Demand Partner In the realm of luxury and style, hotels have emerged as unexpected but highly sought-after collaborators for fashion and beauty brands. What was once a simple exchange of branded bathrobes and keychains has evolved into a sophisticated partnership, where the worlds of hospitality and high fashion seamlessly blend […]