In the iPhone Age, fashion week has become one glorified, ridiculous, narcissistic, nauseating selfie, argues Mark C. O’Flaherty.
PARIS, France — While Gucci and Louis Vuitton blame slumping sales on their upmarket drive they argue will help them regain some of their lost glory, there is growing evidence they are losing out to newer, more affordable luxury brands.
As the once humble sneaker continues its ascent from streetwear symbol to luxury icon, the BoF Spotlight shines on fast-rising, Los Angeles-based luxury sneaker and leather goods brand Buscemi.
The Savigny Luxury Index (“SLI”) leapt by 6.7 percent this month, overperforming the MSCI World Index (“MSCI”) by almost six percentage points, as luxury sector investors seem to have received the reassuring they needed from a number of positive signals, reports Pierre Mallevays of Savigny Partners.
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.
Despite the rise of e-commerce, offline retail remains a fantastic opportunity for fashion brands, while offering features that digital channels will simply never be able to duplicate, argues Ari Bloom.