Sales of luxury goods are slowing and, given the uncertain outlook, investors are taking profits, reports Pierre Mallevays, founder and managing partner of Savigny Partners.
PARIS, France — Today, our contributing photographer Sonny Vandevelde files backstage imagery from Rick Owens, Louis Vuitton, Dries van Noten, 3.1 Phillip Lim and Hommes Femmes on day two of Paris Men's Fashion Week.
PARIS, France — The staging of this season’s Louis Vuitton menswear show was nothing short of ecclesiastical: a steeple of fresh cut pine bordered the runway’s exit, a singular adornment in a room almost entirely constructed of glass.
With the support of L Real Estate, developer Craig Robins’ vision for Miami’s off-kilter luxury enclave is coming to life.
NEW YORK, United States — Marc by Marc Jacobs has named Katie Hillier the company's new creative director. Hillier, in turn, has appointed fellow Briton Luella Bartley as womenswear design director.
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.
LONDON, United Kingdom — Louis Vuitton is losing ground as the world’s most valuable luxury brand as competitors including Gucci and Prada gain, a new research report shows.
HONG KONG, China — Armed with empty suitcases and same-day return tickets, an army of mainland Chinese is descending on suburban outlet shopping malls and international fashion chains in Hong Kong, turning cheap into the new chic as luxury falls out of favour.