Of all the fall-winter fashion collections on show in Milan over the next four days, the label that will attract the most attention will probably be Gucci, and not because of the clothes.
Both the Savigny Luxury Index and the MSCI World Index suffered from profit-taking in the first half of December.
Italian fashion house Gucci said on Monday it would strengthen controls on its suppliers after a television program showed Chinese employees working more than three times their official hours to assemble its handbags.
This year, ethics and sustainability finally became a priority for a range of influential players, from major high street retailers to luxury conglomerates.
The hottest trend at France’s second-biggest luxury group this season: Executive departures as the owner tightens the reins. Asset sales may be next on the runway.
The owner of Puma SE has explored a sale of the German sportswear maker as efforts to revive the brand drag into a fifth year, according to people familiar with the matter.
BoF compiles the most important professional moves of the week.
Gucci’s longtime creative director Frida Giannini is leaving, a victim of her own success after her designs became too popular to retain the exclusive cachet their price tags demand.
BoF brings you an exclusive look inside champion surfer Kelly Slater’s new Kering-backed ‘coastal lifestyle’ label.