JOHANNESBURG, South Africa — Cie. Financiere Richemont SA’s online fashion retailer Net-a-Porter may be worth as much as 2.5 billion euros ($3.4 billion) based on a comparison with the possible value of German rival Zalando AG, according to Bank Vontobel AG.
In a fast-growing men’s fashion market, plans to mount a New York Men’s Fashion Week, once expected to debut this July, appear to have stalled. BoF reports.
Today, in the first installment of Cover Stories, we explore the story behind the March cover of Details. As the luxury menswear market continues to grow, an elite group of male models are leaving behind the traditional confines of namelessness and emerging as brands in and of themselves. Will they become household names?
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
As fashion’s centre of gravity moves steadily south and east, driven by the changing global distribution of both wealth and fashion creativity, Paris’ monopoly on the dazzling couture trade is being challenged by a handful of new overseas events with their own ideas about couture.
BoF editor-in-chief Imran Amed recaps the week in the business of fashion.
PARIS, France — LVMH Moet Hennessy Louis Vuitton SA, the world’s largest luxury-goods maker, reported a 2 percent gain in annual profit as growth in fashion and leather-goods sales rebounded in the fourth quarter.