Investors are moving away from bigger groups towards smaller brands and American “affordable luxury.” Meanwhile, the jury is still out as to whether the crucial trading period from Thanksgiving to Christmas will deliver strong results, but sentiment remains positive, reports Pierre Mallevays of Savigny Partners.
LONDON, United Kingdom — Today, BoF brings you the next instalment of "When They Were Kids," a cartoon series depicting fashion figures as children, created by our friend Fashion Cartoonist.
The Savigny Luxury Index lost ground in October, as consumer appetite for mega-brands continues to cool and management changes shake up the industry.
In what has become a bi-annual BoF tradition, editor-in-chief Imran Amed looks back at the fashion season that’s just come to a close.
PARIS, France — Marc Jacobs’s departure from Louis Vuitton to focus on an initial public offering of his own brand is set to provide a double boost for LVMH Moet Hennessy Louis Vuitton SA, the owner of both luxury fashion labels.
The Savigny Luxury Index has gained good ground in September and is up by 3.7 percent, outperforming the MSCI World Index by over one percentage point, as Asian tourist flows to Western fashion hubs remain strong and the world’s largest luxury conglomerates snap up young designers, reports Pierre Mallevays of Savigny Partners.
Following many months of speculation, Marc Jacobs is exiting his position as the creative director of Louis Vuitton to prepare for the IPO of the Marc Jacobs label, LVMH and Jacobs have confirmed.
Marc Jacobs may be on the verge of leaving Louis Vuitton when his contract ends next month, say sources.