Uncertain expectations over Christmas trading amidst mixed retail signals led many institutional investors to take their profit before closing their books at year-end. Meanwhile, the travel retail channel continues to surge and M&A activity remains buoyant, reports Pierre Mallevays of Savigny Partners.
PARIS, France — Luxury brands are stepping up the battle for travelling shoppers with more outlets at airports and on cruise ships, tapping into one of the fastest growing sections of the market that looks set to keep booming thanks to soaring numbers of Asian tourists.
DALLAS, United States — The inspiration for Chanel's Metiers d'Art traveling fashion show this year will come from Dallas, the Texas city where Coco Chanel was once given a warm welcome that included being picked up at the airport in a white Rolls-Royce and being feted at a Western-themed party complete with a catwalk featuring cows.
PARIS, France — Chanel has acquired its long-time lamb hide provider, the French tannery Bodin-Joyeux, in the latest purchase by a luxury brand of a partner that supplies top quality materials.
The Savigny Luxury Index lost ground in October, as consumer appetite for mega-brands continues to cool and management changes shake up the industry.
This season, brands embraced strong scripts, serious acting talent and heavy-hitting directors like never before, resulting in a crop of winning fashion films largely driven by the kind of compelling storytelling long missing from the genre. Sit back, relax and enjoy BoF’s Top 10 Fashion Films of the Season.
PARIS, France — Chanel designer Karl Lagerfeld, with his shock of white hair, black glasses and leather gloves, will be the center of attention in Paris next Tuesday when he debuts the luxury-goods company’s latest ready-to-wear collection during the city’s Fashion Week.
In the next instalment of Market GPS, BoF examines Kazakhstan, the undisputed goliath of Central Asia.
Once a profitable but rarely discussed sideline business, airside retail is now a highly lucrative, core component of a successful luxury strategy and airport operators are innovating to take sales even higher. BoF investigates.
ZURICH, Switerland — In the upscale boutiques of Singapore, New York or Zurich — where Oprah Winfrey claims a sales clerk refused to show her a $38,000 bag — purses priced in the four figures are common.
From shoes to handbags to ready-to-wear, the price of designer fashion has increased precipitously over the last decade. What’s driving the rising prices? And how high can they go?
PARIS, France — A once-grand opera house that's now a scene of decaying rubble was the latest remarkable venue for Chanel's haute couture. The setting saw Karl Lagerfeld carry off a dark, expressionist-tinged fall-winter 2013 collection — the glitter of embellished clothes contrasted with the faded romance of grimy curtains, a dark theatre stage and old wooden stalls.