LONDON, United Kingdom — London Fashion Week — the first since the UK’s ‘Brexit’ vote — kicked off with a message of solidarity from British Prime Minister Theresa May and industry figures like Natalie Massenet and Christopher Bailey. “London fashion and the creative industries have endured, indeed, prospered even, in difficult times,” May said.
Optimism was hard to come by elsewhere in the luxury industry, however. Richemont said its first-half operating profit would decline by about 45 percent, while Hermès back away from its annual sales growth target.
Meanwhile, America’s leading luxury department stores — including Saks, Barneys, Bergdorf Goodman and newcomers Neiman Marcus and Nordstrom — are betting big on New York City. But is there there space for everyone?
Elsewhere in New York, Rachel Shechtman, founder and CEO of Story, shares her lessons for delivering "experience per square foot.” And Susanna Lau, aka Susie Bubble, breaks down New York’s rogue fashion underground. Catch up on all the New York shows, including reviews from Tim Blanks and the NYFW debut of streetwear wunderkind Ronnie Fieg’s Kith.
In her address to the British fashion industry last night, Prime Minister Theresa May never directly addressed Brexit. Here, leading figures share their thoughts on the UK's looming split from the EU.
America’s luxury department stores are betting big on the buoyancy of the New York market. But is there space for everyone?
Designer Joseph Altuzarra has gone from being a buzzy newcomer to a major contender. How far can his label go?
Rachel Shechtman, the founder and chief executive of the Manhattan-based concept store Story, shares seven key lessons for ensuring success in brick-and-mortar retail.
Streetwear wunderkind and Kith founder Ronnie Fieg made his official New York Fashion Week debut with Kithland, a sprawling multi-faceted ‘experience’ that coincided with the launch of a new space at luxury retailer Bergdorf Goodman.
Domenico Dolce speaks exclusively to BoF about his brand's global retail overhaul, starting with a new experience space in Milan.
As tensions between the two countries soar, China is cracking down on the influx of K-pop culture. What could that mean for the global fashion industry?
New retail developments in Jeddah and Mecca are evidence of the opportunity presented by increasing numbers of pilgrims travelling to Saudi Arabia.
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