The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
Next month, the American jeweller will introduce a collection of men’s rings featuring diamonds measuring up to 4.3 carats — the brand’s first solitaire rings for men, WSJ Magazine reports.
The launch coincides with an uptick in same-sex marriages and gender fluid collections across fashion and beauty. Tiffany, which was acquired by LVMH for $15.8 billion in January, reported that women’s engagement rings made up 26 percent of its total revenue last year.
Hermès’ elusive sales strategy is at the centre of a new legal challenge for the French luxury giant. BoF breaks down the practices under scrutiny and what the suit could mean for the fashion industry at large.
A sharp drop in the label’s Asia-Pacific sales is the latest sign that Chinese luxury demand is cooling.
This week, Kering flagged sales were down 20 percent at its flagship brand, knocking confidence in the group’s turnaround strategy. ‘A more drastic solution is required,’ one analyst wrote.
A new creative configuration will be announced soon, the Roman couture house said.