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.
GENEVA, Switzerland — Luxury goods group Richemont is committed to keeping its Lancel and Dunhill fashion brands, both of which have undergone intense restructuring, a source close to the company said on Monday.
"Richemont is firmly committed to these brands," the source said on the sidelines of the SIHH watch fair that opened on Monday. The source, who spoke of condition of anonymity, said first results at Dunhill looked promising.
The source said Richemont, known for Cartier jewellery and IWC watches, had no further plans at this stage to cut jobs at its watch factories in Switzerland or to buy back unsold inventory from retail partners, although buybacks were not ruled out.
By Silke Koltrowitz; editor: Michael Shields.
From analysis of the global fashion and beauty industries to career and personal advice, BoF’s founder and CEO, Imran Amed, will be answering your questions on Sunday, February 18, 2024 during London Fashion Week.
The State of Fashion 2024 breaks down the 10 themes that will define the industry in the year ahead.
Imran Amed reviews the most important fashion stories of the year and shares his predictions on what this means for the industry in 2024.
After three days of inspiring talks, guests closed out BoF’s gathering for big thinkers with a black tie gala followed by an intimate performance from Rita Ora — guest starring Billy Porter.