The Savigny Luxury Index fell a further 3.8 percent this month. The outlook for the luxury goods sector darkened as disappointing results from industry leader LVMH showed how the strong euro and political protests in Hong Kong were curbing spending and hitting profits.
In the year and a half since its opening, The Broken Arm in Paris has become a magnet for the same mix of industry creatives that frequent influential concept stores like Colette thanks to its focused, personal buys, popular in-house café and a local-global outlook that gives the store a “double rhythm.”
Officine Generale, Pierre Mahéo’s much buzzed-about Parisian menswear label, has struck chord with a formula that blends simple aesthetics, high quality, affordable price points and a philosophy rooted in ‘disgust towards the system.’
The family-owned cut crystal company has already transformed itself into one of the world’s leading jewellery retailers, but their ambitions have grown to keep pace with the expanding market for fashion jewellery.
Decades of poor management and cheap overseas competition brought the once booming Scottish knitwear industry to its knees. Today, with a new end-consumer focus and artisanal manufacturing, there is also newfound confidence in Hawick and the border mill towns of Scotland. BoF reports on a heritage industry reinventing itself for the future.
The idea of a creative director becoming a CEO entered the fashion zeitgeist when Christopher Bailey was appointed CEO of Burberry. Today, BoF brings you an in-depth conversation with Floriane de Saint Pierre on creative leadership by trend consultancy K-Hole, from the most recent issue of 032c.
A slew of slick, highly curated sites are aiming to disrupt the business of vintage. But for many fashion insiders, it’s the unpolished and uncurated eBay that continues to make fashion hearts beat faster.
As consumer awareness grows, more beauty brands and retailers are investing in safe, toxin-free cosmetics for the mass market. Will it pay off?
With travel retail set to continue double-digit percentage growth, fuelled predominantly by Asians, the sector is increasingly targeting travellers beyond traditional travel corridors.
The market for lingerie is dominated by a single player: Victoria’s Secret. Now, a crop of new start-ups are targeting the space.
Mining precious metals and stones can often have devastating human, environmental and political impact. What’s being done about it?
The Savigny Luxury Index fell 2.2 percent over the month, as adverse foreign exchange movements continue to weigh on the luxury sector’s growth.